Why buy Icon with Kraken in Canada?

About Icon

What can you do with Icon?

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Learn more about Icon

1. How does Icon work?

   Unlike traditional currencies, Icon is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining Icon. This decentralization means the holders and users of Icon can help to maintain the network.

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2. Where can I buy Icon?

   Most find that the easiest and most secure way to purchase Icon is through a reliable cryptocurrency platform like Kraken. While Icon can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Icon.

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3. How much does 1 Icon cost?

   At the current market rate, it costs $0.14 to purchase one ICX. Kraken makes it easy to buy & sell Icon with confidence.

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4. Can I buy $100 worth of Icon?

   Yes, Kraken offers a secure and easy to buy $100 worth of Icon. At its current price, $100 equals 702.39 ICX.

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5. Is it safe to buy Icon?

   Kraken employs advanced security measures, including encryption and account protection, to ensure your Icon purchase is secure. However, while Kraken provides a secure platform, market volatility can still affect your Icon investment. You should do your own research on Icon price before buying.

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6. Is Icon available to buy and sell in Canada?
   

   
   Yes, Icon is available to buy and sell on Kraken platform in Canada.
   

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7. Is Icon a good investment?

   The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, Icon may be a worthwhile purchase.

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8. Can I purchase Icon using Canadian dollars (CAD)?
   

   Kraken supports six different government-issued fiat currencies including Canadian Dollar. All supported government-issues currencies are:
   

   • US dollars (USD)
   • Euros (EUR)
   • Canadian dollars (CAD)
   • Pounds sterling (GBP)
   • Swiss franc (CHF)
   • Australian dollar (AUD)

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9. How much is Icon transaction fee?

   Kraken offers competitive fees for Icon transactions, which are influenced by the trading amount and payment type. Learn more about Kraken’s fee structure.

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10. What is the minimum amount of Icon I can buy?

    
    You can buy as little as CA$10 worth of Icon on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of Icon regularly.
    

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11. How to buy Icon with PayPal?

    To buy Icon with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like Icon, select PayPal as the method and connect your PayPal account if needed. Enter the deposit amount, confirm, and once funds are added, use them to purchase Icon.

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12. How to buy Icon with a debit card?

    You can buy Icon using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.

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13. How to buy Icon with a credit card?

    To buy Icon using a credit card, navigate to the "Buy Crypto" section, add your card details and follow the steps to finalize the transaction. Debit & credit card purchases are available to Kraken users with Intermediate or Pro level verified accounts and residence in a supported country. Kraken accepts Visa or Mastercard that support 3D Secure (3DS) which is in the same legal name as your Kraken account.

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14. How to buy Icon with other cryptocurrencies?

    Kraken makes it easy to buy Icon using other cryptocurrencies. If the direct trading pair is not available, you can use Kraken's Convert feature to seamlessly swap any listed crypto for Icon. Browse the Icon markets available on Kraken or use the Convert tool to trade between hundreds of cryptocurrencies quickly and easily. For a complete list of trading pairs, visit the Kraken support center.

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15. Can I transfer Icon from Kraken to my crypto wallet?

    Yes, the Icon you buy on Kraken is yours. Kraken makes it easy to withdraw your Icon to any hot wallet or cold wallet that supports Icon. Simply enter the external wallet address and your Icon will be in your wallet a few moments later.

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16. Is it safe to keep Icon on Kraken?

    We take every measure possible to keep the Icon you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your Icon. Learn more about our globally-recognized security standards.

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17. What is the current circulating supply of Icon?

    The current circulating supply of Icon is 1,052,765,416 ICX.

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18. How to Fund Your Account via Interac e-Transfer?

    To fund your account via Interac e-Transfer, you’ll need to initiate a deposit request via the app which will seamlessly guide you through the steps to access and approve using your bank of choice.

    Follow these steps to start your crypto journey:

    1. Log into your Kraken Account and select the ‘Portfolio’ tab. Here you’ll be able to see the aggregate and individual value of your holdings. 

    2. Select ‘Deposit’ and then ‘Canadian Dollar’ under the ‘Cash’/’Asset’ option.

    3. Choose “Interac e-Transfer” as your deposit method.

    4. Enter the amount you would like to deposit. Kraken allows up to C$ 10,000.00 per Interac e-Transfer, however, your banking limits may differ. Select ‘Review’.

    5. Confirm the deposit details, including your email address and Kraken account name. If correct, swipe to proceed.

    6. You'll be redirected to Interac's financial institution page. Select your bank.

    7. Approve the deposit through your bank's app or website.

    Your funds will be available within minutes, ready for you to start trading crypto.

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19. How to buy Icon with a debit card in Canada?

    You can buy Icon using a debit card in certain regions on Kraken. Learn more about our Supported currencies and payment methods.

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20. How to buy Icon with a credit card in Canada?

    To buy Icon using a Canadian-bank issued credit card, navigate to the "Buy Crypto" section, add your card details and follow the steps to finalize the transaction. Debit & credit card purchases are available to Kraken users with Intermediate or Pro level verified accounts and residence in a supported country. Kraken accepts Visa or Mastercard that support 3D Secure (3DS) which is in the same legal name as your Kraken account.

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