MKR Now Available on Coinbase

Earlier this week, Coinbase listed Maker (MKR) to their platform and in doing so made it available to traders who use their platform.

The Maker (MKR) token is the primary ERC20 token is one of the token’s that makes up the wider Maker Dao system that includes the stablecoin, the DAI. It is the function of the Maker (MKR) specifically to help manage this stablecoin. In the words of the firm behind the two tokens though, it is “a utility token, governance token, and recapitalization resource of the Maker system.”

The token became available on the platform on Thursday and is already available for full trading capabilities. This means that you can “buy, sell, convert, send, receive, or store MKR” on their platform. You can achieve this from all states that Coinbase is available in except for New York State.

MKR joins a list of other tokens that the platform has listed in recent months after having somewhat of a listing drought towards the end of 2019. Other tokens that have been listed either on their platform in recent months include OmiseGo (OMG) And Kyber Network (KNC). You can trade all of these by going to their platform now.