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Maker
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How to buy Maker with Bank Transfer

Why investors buy Maker with Bank Transfer

SEPA or Single Euro Payments Area is a bank transfer payment system created by the European Union. It is a system that allows cross-border payments in Euros within the Euro-zone. European Union and neighboring country residents frequently use SEPA to send and receive payments using the funds in their bank accounts. A trustworthy framework for quick and affordable money transfers is provided by this network. A business must adhere to stringent guidelines and meet the highest security standards in order to offer SEPA wire transfers. Using SEPA bank transfers, you can buy cryptocurrency at our exchange and deposit and withdraw EUR easily. Offering payment options via bank transfer or SEPA would have the following main benefits:

  • Instant payments are one option provided by the SEPA payment system. Weekends and holidays are not excluded from the SEPA Instant transfer schedule.
  • High security because every transfer has to be cleared by several banks on its way to the exchange.
  • No deposit fees, high buying limits
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Is MKR a good investment?

SEPA or Single Euro Payments Area is a bank transfer payment system created by the European Union. It is a system that allows cross-border payments in Euros within the Euro-zone. European Union and neighboring country residents frequently use SEPA to send and receive payments using the funds in their bank accounts. A trustworthy framework for quick and affordable money transfers is provided by this network. A business must adhere to stringent guidelines and meet the highest security standards in order to offer SEPA wire transfers. Using SEPA bank transfers, you can buy cryptocurrency at our exchange and deposit and withdraw EUR easily. Offering payment options via bank transfer or SEPA would have the following main benefits:

  • Instant payments are one option provided by the SEPA payment system. Weekends and holidays are not excluded from the SEPA Instant transfer schedule.
  • High security because every transfer has to be cleared by several banks on its way to the exchange.
  • No deposit fees, high buying limits
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Who can buy Maker with Bank Transfer

Citizens living in a Eurozone location are able to open a bank account and use SEPA. If you are based in a non-Eurozone country, you can easily check which banks offer SEPA if you want to make this type of transfer. You can purchase any kind of cryptocurrency directly into your personal wallet without making any initial deposits by using our exchange to perform a straightforward SEPA transfer with your bank account.

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What is MKR ?

Maker Protocol uses a two-token model in which the first token is a stablecoin (called DAI) backed by collateral, and the second token is the native token of this protocol called MKR. People who own MKR tokens are like Maker’s stakeholders; they can use their coins to vote for changes to the Maker platform. That’s why MKR is known as the utility and governance token. Maker coins are not minable; they are generated by market demand. Thus, there is no fixed number of MKR tokens out there.
DAI coin, which is known as the stablecoin of the Maker blockchain, works alongside MKR on the same platform. The main reason for creating such a coin was to correct the issue of cryptocurrency volatility. Although the MKR coin price is changeable, the DAI coin is always equal to $1.

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How to buy MKR with Bank Transfer instantly?

SEPA is a way to make European cross-border payments simpler, cheaper, and faster. It is one of the most cost-effective and convenient ways to transfer money within the EEA. As the ease of use and clear navigation that come with using SEPA/bank transfer as the initial payment method may appeal to users, buying cryptocurrency with SEPA is likely the best option to purchase crypto assets in Europe instantly.

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Where can I buy MKR online with a Bank Transfer?

If you prefer simple and secure crypto trading, SEPA/bank transfer would be your ideal method. Our exchange offers SEPA/bank transfer as a payment solution to give its users more options to buy cryptocurrencies easily. You must first log into your account on Blocktrade.com in order to use SEPA/bank transfer payment on our exchange. Then, after entering the number of cryptocurrencies you need to buy and choosing to charge up your account balance using SEPA/bank transfer, finish your cryptocurrency purchase.

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Is MKR Reliable?

MakerDAO is a large and important project created on Ethereum and is one of the pioneers of decentralized finance. This project has always had a large share of locked funds, and its major use is lending and savings. Since Maker digital currency is based on the Ethereum network and has the ERC20 standard, all wallets that support this standard are suitable for keeping this coin. Meanwhile, Ledger and Trezor hardware wallets are considered more reliable if you want to keep your coins for a long-term investment. However, that doesn’t mean you can’t choose a software wallet. But always keep your information protected and safe. Furthermore, the Maker platform is as secure as the Ethereum network is.

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Other payment methods to buy MKR

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Just 3 easy steps to start investing in Maker

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FAQ

Frequently asked questions

The Maker coins have experienced many ups and downs during its history, but most of the time it was considered a good investment. Most experts and analysts also predict a bright future for this token.

Some of the greatest advantages of this payment method include: Simplified payments handling, Reduced processing costs, Reduced bank charges, Quick payments, and Easier cross-border transfers.

Maker coins are generated by market demand. There is no fixed max supply for this token. However, the number of tokens in circulation is almost 977,631 tokens.

There are no fees associated with this method initially. But note that SEPA trades crypto by Euro fiat currency, so if you insist on trading with other currencies using this method might require extra fees. Also, there are zero exchange fees for your crypto-trading through our exchange.

No one can tell you when is the right time to buy a coin. Because the cryptocurrency world is so volatile and its future is unpredictable. Therefore, buying Maker depends on your choice. That’s why it is recommended to read the Maker whitepaper, check the social media, read the analysis, and in the end, choose an exit point for your investment to avoid any loss.

SEPA compatible areas consist of EEA (European Economic Area) countries, the United Kingdom, Switzerland, Andorra, Gibraltar, San Marino, and Vatican City.

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