USDC to MKR Conversion Overview
Users can seamlessly convert USDC (USD Coin) to MKR (Maker) on cryptocurrency platforms like Cex.io. Below are key metrics for both assets:
USDC Metrics
- Market Cap: $57.08B
- 24h Trade Volume: $11.95M
- 24h Price Change: -0.01%
- Current Price: $1.0001
MKR Metrics
- Market Cap: $0.00
- 24h Trade Volume: $103.10
- 24h Price Change: -2.24%
- Current Price: $1,880.2
USDC to Maker Exchange Rates
Sample Conversion Rates (as of 2025/7/4):
| MKR | USDC |
|-----------|---------------|
| 0.0125 | 23.5 |
| 0.025 | 47 |
| 0.5 | 940.01 |
| 5 | 9,400.1 |
| 50 | 94,001 |
Current USDC-to-MKR Rate: 0.00053191
Why Exchange USDC for Maker?
- Low Fees: Cex.io offers 0% deposit and conversion fees for 200+ currencies.
- Speed: Automated systems ensure fast transactions (subject to blockchain congestion).
- Security: Assets are authorized and audited; funds are not stored on the platform.
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Step-by-Step Guide to Convert USDC to MKR
- Select Coins: Choose USDC (input) and MKR (output).
- Complete KYC: Verify your identity on the platform.
- Enter Wallet Address: Paste your MKR wallet address.
- Confirm Transaction: Double-check details before sending USDC.
- Receive MKR: Funds will reflect in your wallet after network confirmation.
Note: Transaction speed depends on blockchain congestion.
USDC and Maker Investment Outlook
- Volatility: Both assets exhibit price swings, offering high-profit opportunities.
- Long-Term Growth: Analysts predict rising value due to utility in decentralized finance (DeFi).
- Advantages: Low-cost transfers, anonymity, and scalability.
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Benefits of Using Cex.io
- Diverse Cryptocurrencies: Supports trending and newly listed tokens.
- User-Friendly: Intuitive interface for beginners and experts.
- Expanding Markets: Continuous addition of promising assets.
FAQ
1. What affects USDC-to-MKR conversion speed?
- Blockchain congestion and network fees (gas) impact transaction times.
2. Are there limits for USDC-to-MKR swaps?
- Platforms like Cex.io may impose minimum/maximum thresholds based on liquidity.
3. How is the exchange rate calculated?
- Rates derive from real-time market liquidity and order books.
4. Can I reverse a USDC-to-MKR transaction?
- No, blockchain transactions are irreversible once confirmed.
5. Is KYC mandatory for conversions?
- Yes, most regulated exchanges require identity verification.
6. Where can I track USDC and MKR prices?
- Use platforms like CoinMarketCap or exchange dashboards for live data.
For further assistance, contact Cex.io’s support team.