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Introduction to the total issuance of MKR coin and the online exchange
MKR has a finite supply capped at 1,000,000 tokens, distributed among founders, early adopters, and various development funds.
Oct 02, 2024 at 04:30 pm

Comprehensive Overview of MKR Coin Issuance and Trading
1. Total Issuance of MKR Coin
The MakerDAO system governs the issuance of MKR tokens. The coin has a finite supply, with a maximum issuance of 1,000,000 MKR.
2. Token Distribution
The MKR token distribution is as follows:
- Founders: 5%
- Early adopters: 2.5%
- Community development fund: 12.5%
- Ecosystem development fund: 80%
3. Pre-sale and Initial Coin Offering (ICO)
MKR tokens were initially sold in a pre-sale in September 2017, raising $28 million. The subsequent ICO in March 2018 raised an additional $65 million.
4. Online Exchanges Supporting MKR Trading
MKR is traded on various cryptocurrency exchanges, including:
- Binance
- Coinbase Pro
- Gemini
- Kraken
- Uniswap
5. Steps to Purchase MKR
- Create an account on a supported exchange.
- Fund your account with fiat currency or another cryptocurrency.
- Place a buy order for MKR/USD or MKR/ETH.
- Wait for the order to be executed.
6. Storing MKR
After purchasing MKR, it is recommended to store it in a secure hardware or software wallet. Some popular wallet options include:
- Ledger Nano S
- Trezor Model T
- MetaMask
- Coinbase Wallet
7. Monitoring MKR Price
Track the real-time price of MKR using cryptocurrency trackers like CoinGecko or CoinMarketCap. Stay informed about market news and events that may affect the token's value.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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