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Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. Maker (MKR) is now available on KuCoin. Supported trading pairs include MKR/BTC, MKR/ETH and MKR/DAI.
Please take note of the following schedule:
- Deposits Effective Immediately
- Buying order: 17:30 December 10, 2018 (UTC+8)
- Selling order: 18:00 December 10, 2018 (UTC+8)
- Withdrawal: 20:00 December 10, 2018 (UTC+8)
Maker (MKR) Introduction:
Maker is a smart contract platform on Ethereum that backs and stabilizes the value of Dai through a dynamic system of Collateralized Debt Positions (CDPs), autonomous feedback mechanisms, and appropriately incentivized external actors.
Maker enables anyone to leverage their Ethereum assets to generate Dai on the Maker Platform. Once generated, Dai can be used in the same manner as any other cryptocurrency: it can be freely sent to others, used as payments for goods and services, or held as long term savings. Importantly, the generation of Dai also creates the components needed for a robust decentralized margin trading platform.
Maker (MKR) Official Website: https://makerdao.com/
Maker (MKR) Whitepaper: https://makerdao.com/whitepaper
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence there are still risks when investing. KuCoin is not liable for investment gains or losses.
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