Maker (MKR) is now available for buying and trading commission-free*, as well as transfers on the Voyager app.
Maker (MKR) acts as a governance token and is used by its holders to vote on a variety of things. Voting is done inside Maker Protocol on a number of different topics ranging from decisions regarding fees to debt ceilings; this voting helps govern Maker Protocol, the smart contracts that power DAI.
Maker DAO is a decentralized autonomous organization on the Ethereum blockchain. The MKR token is a speculative Ethereum-based asset that backs the value of DAI, a stable price stable coin issued on Ethereum. Maker earns a continuous fee on all outstanding dai in return for governing the system and taking on the risk of bailouts. Maker’s income is funneled to MKR owners through a Buy Back program.
Ready to start trading Maker on Voyager? Download the app and follow the below steps to start now:
How to buy MKR
Get the Voyager app: Available in the Apple App Store and Google Play Store, visit and search Voyager or click here to download now.
- Open a Voyager trading account: Fill in your personal information to create a trading account. As a licensed financial institution, know that your personal information is always safe with us.
- Link your bank: Link your bank account by navigating to the User Icon on your Market Screen. On your account page, tap Bank Accounts and add your bank.
- Fund your Voyager account: To deposit USD, go to your account page and tap Transfer Cash or Crypto, then Deposit to Voyager Account and select USD. Next, enter the amount of USD you'd like to transfer and slide the Slide to Deposit USD banner. Now you can trade instantly.
- Buy MKR: Navigate to the Market Screen scroll until you reach MKR and tap to access the Maker page, then tap Buy MKR. Insert the amount of USD you'd like to spend and slide the Slide to Buy MKR purple banner to complete your purchase.
Trading on the Voyager app is currently available to all U.S. residents excluding New York state. We are actively working with regulators to expand to New York and internationally in the future.
*Additional fees may apply
Voyager Cryptocurrency Risk Disclosure
All investments involve risk and the past performance of a digital asset or other financial product does not guarantee future results or returns. Cryptocurrencies are highly speculative in nature, involve a high degree of risk and can rapidly and significantly decrease in value. It is reasonably possible for the value of Cryptocurrencies to decrease to zero or near zero. While diversification may help spread risk, it does not assure a profit or protect against loss. Investors should consider their investment objectives and risks carefully before investing. Previous gains may not be representative of the experience of other customers and are not guarantees of future performance or success.