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Due to recent regulatory changes in Australia, CoinSpot can no longer offer their trading services to Unverified International Accounts.

Please note, you have not lost access to your CoinSpot account or your current balance, but there are restrictions in place whereby Buying, Selling and Trading activity has now been disabled.

You are still able to withdraw your holdings from your CoinSpot account. Please arrange to withdraw your balance to your own personal wallet or alternative exchange as soon as you are able to.

If you have any further questions or require assistance with your withdrawals, please contact helpme@coinspot.com.au.

You must have an account and be logged in to sell MKR

$3,608.76

  -2.20%

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What is Maker?

Maker (MKR) token allows holders the ability to govern the Maker protocol and access the Dai cryptocurrency. Dai is a decentralized, collateral-backed cryptocurrency pegged to the US Dollar.

  • Dai is a stable currency that can be used by anyone, anywhere, anytime. Any business or individual can utilise and gain the advantages of digital money.
  • By holding Dai, users can start to earn the Dai Savings Rate which is set by the Maker community.
  • Through a Maker product called Oasis, users can exchange various cryptocurrency tokens, borrow Dai and earn savings.

The Maker team believes there is a growing frustration and distrust of centralised financial systems. They are looking to provide a functioning, decentralised and stable digital currency for the world.

What is a Stop Loss Order?

A Stop Loss Order is a type of order where you can set the amount of bitcoin you would like to sell at a desired price BELOW the current market price.

More Information

How do I Set a Stop Loss Order for Maker?

1.
Select the price (Trigger) you would like to sell your Maker if the market rate falls.
2.
Enter the quantity you would like to sell if the market rate falls to your selected price.
3.
Click ‘Set Stop Loss’ to confirm your MKR Stop Loss and your order will be created. Manage your open orders from the Open Orders page.
Don't have an account? Click here.