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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！

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