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How to buy Maker (MKR) in United Arab Emirates

Updated on:  2025/06/02 20:31:07(UTC+0)
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Bitget is legally accessible in United Arab Emirates. You can buy Maker in United Arab Emirates through Bitget.
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What is Maker (MKR)?

Maker is one the biggest and longest-standing DeFi protocols that run on the Ethereum blockchain. It is designed to offer a stable, decentralized, and scalable platform for borrowing and lending digital assets. Maker was introduced in 2014 by Rune Christensen, and had a highly successful fundraising campaign in 2017 that attracted $12 million from the likes of Andreessen Horowitz. Since then, it has grown to become one of the most popular DeFi protocols, with the current TVL of over $7.54 billion. The highest TVL of Maker was approximately $20 billion.

How Maker (MKR) Works

Maker's core product is the DAI stablecoin, which is the first stablecoin in the world and it is pegged to the value of the US dollar. Users can lock their digital assets as collateral and mint DAI in exchange. This creates a demand for DAI, which helps to maintain its stability. The Maker protocol uses a system of smart contracts to automate the process of generating and redeeming DAI. The system is governed by MKR token holders, who vote on proposals that determine the direction of the protocol.

The Maker protocol operates on a collateralized debt position (CDP) system, which allows users to lock up their digital assets and borrow DAI against them. The amount of DAI that can be borrowed is determined by the value of the collateral. If the value of the collateral falls below a certain level, the system automatically liquidates the CDP and sells the collateral to pay off the debt.

How Many Maker (MKR) Tokens Are in Circulation?

MKR is the governance token of the Maker protocol. Holders of MKR have the right to vote on proposals that determine the direction of the protocol. There are 1,005,577 MKR tokens in total supply, and the circulating supply is 977,631.

How to Buy Maker (MKR)

Consider investing in Maker (MKR)? It only takes 2 minutes to create an account on Bitget and start trading MKR. 

Check out the available MKR trading pairs on Bitget!

Futures market

MKRUSDT

Spot market

MKRUSDT

Maker (MKR) Resources

Official Website

Official Whitepaper

Buy Maker in United Arab Emirates with Bitget 

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Simple 3-step guide to buying MKR today in United Arab Emirates

1

Create your free Bitget account

Provide your email address and place of residence.
2

Select a funding method

Fund your account using your preferred payment method.
3

Complete your Maker purchase

Buy Maker with as little as $5.

Step 1: Create a free account on the Bitget website or the app

Sign up or download the Bitget app to start your journey on Bitget.
Please verify your identity to ensure full compliance and enhance your Bitget experience.
You can access the identity verification page, select your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 2: Place an order for Maker using a payment method of your choice:

  • Buy Maker with a debit/credit card

    For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
    Complete your payment on Bitget App image 1Credit/Debit in the Buy Crypto tab of the Bitget app
    Enter the bank card details to complete your payment on Bitget Website image 1Credit/Debit in the Buy Crypto tab of the Bitget website
    Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
    Complete your payment on Bitget App image 2Add a new card to complete your payment on the Bitget app
    Enter the bank card details to complete your payment on Bitget Website image 2Enter your bank card details to complete your payment on the Bitget website
    For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Maker order.
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    How to buy crypto with credit/debit card
  • Buy Maker with Google Pay or Apple Pay

    Converting your Google Pay and Apple Pay balance into Maker is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Maker order.
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    How to buy crypto via third-party gateway
  • Buy with bank transfer

    We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Maker order.
  • Buy Maker with the fiat balance in your Bitget account

    You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Maker order.
  • P2P trading

    With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.
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    How to buy crypto on Bitget P2P

Step 3: Monitor Maker in your Bitget spot wallet

If you've chosen to purchase Maker on Bitget, your Maker will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.
Check your Assets
Check your assets

Bitget—where the world trades Maker

How to buy Maker for free

Using real money to buy Maker is not the only way to obtainMaker. If you have the time to allocate, you can get Maker for free.
All crypto airdrops and rewards can be converted to Maker through Bitget Convert, Bitget Swap, or Spot Trading.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Maker Price Page and bookmark them to stay updated!
Maker

Buy Maker

MKR / USDTCurrent price:
$1,694
+105.00
0.00%24H
The live Maker price today is $1,694 USD with a 24-hour trading volume of $698980.06 USD. We update our MKR to USD price in realtime. MKR is 0.00% in the last 24 hours.
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Buy Maker in a different country

You can easily buy Maker (Maker) with the lowest fees and highest security wherever Bitget is available. Simply select your country in the search box below to start buying Maker in your preferred location:
A selection of popular Maker buying regions.
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The United Arab Emirates (UAE) was established in 1971, and we just celebrated the 50th anniversary of the UAE in 2021. The UAE has a population of about 10 million people, with about 10% locals and 90% expatriates from all over the world. The surface area of the United Arab Emirates is 83,000 square kilometers, which is slightly larger than Ireland and smaller than Portugal. The official languages in the United Arab Emirates are English and Arabic.

The UAE, as the name suggests, is made up of several emirates, more precisely, seven emirates. The first emirate is the most important, and it is the one of Abu Dhabi, the capital of the United Arab Emirates. This one represents 80% of the Emirates territory. The second Emirates we often hear about because it is rather the tourist capital is Dubai. The other five emirates are Ajman, Fujairah, Ras Al Khaimah, Sharjah, and Umm Al Quwain.

The time difference varies depending on the season (summer or winter). Concerning temperatures, there is also a distinction between summer and winter. During the winter, you can expect temperatures between 22 and 30 degrees. In the summer, it is much warmer, and temperatures average 35 to 40 degrees.

Acting as the national currency of the United Arab Emirates is the Dirham (AED), and with Bitget, you can purchase cryptos within minutes, no matter where you are in the United Arab Emirates. Our exchange offers secure payment options to make trading more accessible and safer than ever, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and several different credit card services.

FAQ

Can I buy US$1 worth of Maker?

In theory, Maker can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.

Can I buy US$10 of Maker?

Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.

Where else can I buy Maker?

If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.

Where is the best place to buy Maker?

The best place to buy Maker is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.

Should I buy Maker right now?

You should make a decision on purchasing or investing in Maker or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
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