Young Platform

Maker (MKR) lands on Young Platform Pro!

AP
Anna Perozzi

2 min

mkr

As of today, Maker (MKR) is available for purchase and sale on Young Platform Pro.

What is Maker (MKR)?

Maker (MKR) is the ERC-20 token of MakerDAO, a decentralised autonomous organisation providing decentralised financial services. MakerDAO is the same organisation that launched DAI, a popular decentralised stablecoin.

What is the difference between MKR and DAI?

If DAI is MakerDAO’s stablecoin, MKR is MakerDAO’s governance token.
This means that the price of DAI is pegged to the price of the dollar in a 1:1 ratio.
The price of MKR fluctuates according to market supply and demand.

Why has Young decided to list it?

MakerDAO is one of the earliest promising projects in the DeFi world, boasting two complementary coins, MKR and DAI, both among the top 50 in the market.
Not only that, its MKR governance token has grown by +395% in the last 6 months, peaking at $3,041 in February 2021.

Which pairs are available?

On Young Platform Pro you can trade MKR/USDT

Want to learn more?

Don’t miss tomorrow’s in-depth look at MKR on the Young Academy!

This content constitutes a marketing communication pursuant to Article 7 of Regulation (EU) 2023/1114 (MiCAR) and does not constitute: (i) advice on crypto-assets under Article 80 MiCAR; (ii) portfolio management under Article 81 MiCAR; (iii) a personalised recommendation. Crypto-assets are subject to the risks described in the General Risk Disclosure; they involve a significant risk of losing up to the entirety of the capital invested. Users are invited to conduct independent and informed assessments, consulting the Terms and Conditions and, where appropriate, seeking advice from a qualified professional advisor before making any economic or financial decision. The payment account offered by Young Platform is governed by Italian Legislative Decree 11/2010 and cannot be equated to a bank current account; therefore, it does not benefit from the guarantees provided for deposits with banking institutions. Users are invited to consult the Payment Account Terms and Conditions.

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