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Maker For Beginners 7
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Lecture1.1
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Lecture1.2
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Lecture1.3
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Lecture1.4
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Lecture1.5
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Lecture1.6
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Lecture1.7
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Maker For Advanced 7
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Lecture2.1
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Lecture2.2
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Lecture2.3
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Lecture2.4
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Lecture2.5
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Lecture2.6
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Lecture2.7
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Maker Quiz 1
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Quiz3.1
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MKR Token Exchanges
Finding decent MKR Token exchanges can make or break your trading experience. You ultimately want a platform with the lowest fees possible, a bigger selection of altcoins, fast trading times, and good customer service.
Anything less could result in missed trading opportunities or delays to receive your funds. Also, crypto exchange platforms see a lot of trading and other scenarios between clients and staff. For this reason, the customer service team that offers excellent communication and transparency is key for success.
Also, as a user, it is smart to choose a platform that complies with the latest laws and regulations because it guarantees higher security. Also, security is still the most crucial component of the exchange platform and includes the users’ funds but also their personal data. The more servers there are, the less likely it is for the exchange to fall prey to an attack. With that said, let’s take a closer look at the exchange options.
Binance
As the most obvious choice, the platform is based in Malta even though it has branches across different parts of the world and it is a perfect option for beginners as well as experienced traders. The platform has around 200 coins in total. It offers secure asset funds for users and it is native to the Binance Coin. There are also 0.1 percent flat trading fees.
On the cons side, the US residents have to use Binance.us which has about 80 cryptos available and they have to provide ID verification. This exchange offers plenty of services like margin trading and futures trading. Their fee remains at 0.1% on transactions but also offers credit card brokerage service for convenient purchases as well as the sale of crypto. The security is high on the platform thanks to the Secure Asset Fund for Users that ensures users are protected from theft or fraud.
Kraken
This crypto platform prides itself on offering fast bank withdrawals and it is available in most parts of the world that charges low fees. The fees are between 0 and 0.36% which is depending on the trading type as well as the volume for the past 30 days. It provides wonderful customer support and it is available in every corner of the world. The exchange has a strong reputation but more importantly, low fees.
Coinbase is one of the best platforms for trading MKR. It is used by beginners but also experts and it makes up for a perfect platform for anyone that is looking to make deposits and withdrawals. It has an intuitive UI for beginners and experts while servicing more than 30 million users worldwide. On the cons side, it has extensive monitoring of traders and the fees are on the higher side.
In addition to facilitating fast deposits, the UI of the platform is simple and easy to understand. You can easily track and trade the most popular cryptos including ETH, BTC, and Litecoin.