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Buy Maker (MKR)

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Maker (MKR):

$1,500.83

+15.56%

How to Buy Maker (MKR) through Binance Wallet

Note: This coin is not listed on Binance for trade and service.

In this guide, we’ll show you how to buy Maker using the Binance Web3 Wallet.
The Binance Web3 Wallet lets you connect to decentralized exchanges (DEXs) and swap thousands of tokens securely. Since Maker isn’t available on the Binance Exchange (CEX), you’ll need to use the Web3 Wallet and a DEX to buy it.

1
Create a free Binance Exchange account

To get started, create an account on Binance

Download and register via the Binance App.
Download and register via the website using your email and mobile number.
Complete identity verification (KYC) to unlock all features.

2
Set up your Binance Wallet

The Web3 Wallet is built into the Binance App. Here’s how to set it up:

Open the Binance App and go to Wallet > Web3 Wallet.
Tap Create Wallet. Follow our guide for more detailed instructions.
Write down your recovery phrase and keep it safe. (This is the only way to restore your wallet if you lose access.)
If you already have a wallet, you can import it instead.

Now your wallet is ready, but you’ll need to add funds before buying Maker (MKR).

3
Buy a stablecoin as your base currency

For better coin compatibility, you can consider buying a stablecoin first. Stablecoins like USDT, USDC, is a type of cryptocurrency designed to maintain a stable value which is compatible with most cryptocurrency swaps.

On your Binance Web3 Wallet, tap Receive.
You can choose to transfer your stablecoin from Binance Exchange, Wallet Address or credit or debit card.
Once the transfer is complete, you’ll see USDT in your wallet under Assets.

4
Swap your USDT for Maker

Open the Binance Web3 Wallet in the app.
Go to the Trade tab.
Under From, select your USDT.
Under To, select Maker.
Enter the amount you want to buy and tap Approve & Swap.

The swap will process, and your Maker will appear in your wallet.

5
Store or use your Maker in Binance Wallet

Now that you've bought your crypto, you can simply hold it in your Binance Wallet. You can also trade for other crypto or stake it on Simple Yield on Binance Wallet Earn for passive income.

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Why Choose Binance to Buy Maker?

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What Can You Do After You Buy Maker (MKR)?

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How to Buy Other Crypto on Binance?

With hundreds of digital assets to choose from, finding the right one can be difficult. Binance offers step-by-step guides for 600+ cryptocurrencies across multiple markets to help you purchase your next crypto safely and confidently. Have a look at more buying guides below.