Which cryptocurrencies can be used as collateral in the Maker system?

3 answers

• mcfaceyMay 02, 2023 · 2 years ago
  Yes, the Maker system accepts a variety of cryptocurrencies as collateral. Some of the most commonly accepted ones include Ethereum (ETH), Basic Attention Token (BAT), and 0x (ZRX). However, it's important to note that not all cryptocurrencies are accepted. The Maker system has a specific list of approved collateral tokens, and only those on the list can be used as collateral.
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• myolukDec 11, 2021 · 4 years ago
  Absolutely! The Maker system allows for a range of cryptocurrencies to be used as collateral. This includes popular options like Ethereum (ETH), as well as other tokens that meet the system's criteria. It's a great way to leverage your crypto holdings and access additional liquidity.
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• chrislinuxosJul 12, 2022 · 3 years ago
  Yes, the Maker system supports various cryptocurrencies as collateral. Some of the accepted tokens include Ethereum (ETH), Basic Attention Token (BAT), and 0x (ZRX). However, it's important to check the Maker system's official documentation or website for the most up-to-date list of approved collateral tokens, as it may change over time.
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