How does Merlin Chain work?

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

Where can I buy Merlin Chain?

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

How much does 1 Merlin Chain cost?

At the current market rate, it costs $0.15 to purchase one MERL. Kraken makes it easy to buy & sell Merlin Chain with confidence.

Can I buy $100 worth of Merlin Chain?

Yes, Kraken offers a secure and easy to buy $100 worth of Merlin Chain. At its current price, $100 equals 684.62 MERL.

Is it safe to buy Merlin Chain?

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

Is Merlin Chain 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, Merlin Chain may be a worthwhile purchase.

Can I purchase Merlin Chain using my local currency?

Kraken supports a variety of government-issued fiat currencies, including US Dollar (USD), Euro (EUR), Canadian Dollar (CAD), and others. For the full list of supported fiat currencies, please visit this article.

How much is Merlin Chain transaction fee?

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

What is the minimum amount of Merlin Chain I can buy?

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

How to buy Merlin Chain with PayPal?

To buy Merlin Chain with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like Merlin Chain, 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 Merlin Chain.

How to buy Merlin Chain with a debit card in Canada?

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

How to buy Merlin Chain with a credit card in Canada?

To buy Merlin Chain using a credit card issued by a bank in Canada, 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.

How to buy Merlin Chain with other cryptocurrencies?

Kraken makes it easy to buy Merlin Chain 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 Merlin Chain. Browse the Merlin Chain 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.

Can I transfer Merlin Chain from Kraken to my crypto wallet?

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

Is it safe to keep Merlin Chain on Kraken?

We take every measure possible to keep the Merlin Chain 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 Merlin Chain. Learn more about our globally-recognized security standards.

What is the current circulating supply of Merlin Chain?

The current circulating supply of Merlin Chain is 725,138,650 MERL.

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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How to buy Merlin Chain in Canada

Learn how to buy Merlin Chain on Kraken’s crypto platform in Canada. Create your free account and connect a funding method to buy over cryptocurrencies including MERL. Kraken makes it quick and easy to get started.

Step 1: Sign up - Provide your email address and country of residence to get started with our secure verification process.

Step 2: Choose a payment method - Send a bank wire, make an ACH purchase, use a credit/debit card or connect several other payment methods.

Step 3: Click "Buy Crypto" - Select “Buy crypto” on either Kraken’s desktop and mobile app to start your purchase.

Step 4: Choose from 400+ assets - Buy Merlin Chain or select from hundreds of other popular cryptocurrencies available on Kraken today (geo restrictions apply).

Step 5: Enter the cash amount - Input the amount you want to spend using your local currency before previewing how much MERL you will receive.

Step 6: Complete your order - Confirm the asset price, purchase amount and fees to instantly receive Merlin Chain in your Kraken account.

In the past 24 hours, Kraken clients bought 130,085 MERL worth $19,001.

Why buy Merlin Chain with Kraken in Canada?

Kraken offers a safe and easy way to get started with crypto in Canada. Use our flexible payment methods to buy Merlin Chain with a credit card, debit card, bank transfer, and more.

Enjoy fast and flexible funding options

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About Merlin Chain

Merlin Chain (MERL) is a Layer 2 solution for Bitcoin designed to extend the capabilities of the Bitcoin ecosystem. The protocol integrates technologies such as ZK-Rollups, decentralized oracle networks, and fraud proofs to support scalability and utility. By enabling native Bitcoin assets and protocols to operate on Layer 2, Merlin Chain aims to facilitate broader application development and increase the functionality of Bitcoin Layer 1 infrastructure.

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What can you do with Merlin Chain?

With Kraken, you can do more with Merlin Chain. From making your first trade to utilizing our advanced Merlin Chain pro trading tools, all the Kraken features you need are backed by our robust security features and 24/7 support.

Merlin Chain rewards

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Trade Merlin Chain for NFTs

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Predict Merlin Chain price

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Swap Merlin Chain for other assets

After you buy Merlin Chain, you can trade it for fiat currencies and other cryptocurrencies. Kraken offers over 200 Merlin Chain trading pairs so you can move in and out of the market with ease.

Learn more about Merlin Chain

How does Merlin Chain work?
Unlike traditional currencies, Merlin Chain is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining Merlin Chain. This decentralization means the holders and users of Merlin Chain can help to maintain the network.
Where can I buy Merlin Chain?
Most find that the easiest and most secure way to purchase Merlin Chain is through a reliable cryptocurrency platform like Kraken. While Merlin Chain can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Merlin Chain.
How much does 1 Merlin Chain cost?
At the current market rate, it costs $0.15 to purchase one MERL. Kraken makes it easy to buy & sell Merlin Chain with confidence.
Can I buy $100 worth of Merlin Chain?
Yes, Kraken offers a secure and easy to buy $100 worth of Merlin Chain. At its current price, $100 equals 684.62 MERL.
Is it safe to buy Merlin Chain?
Kraken employs advanced security measures, including encryption and account protection, to ensure your Merlin Chain purchase is secure. However, while Kraken provides a secure platform, market volatility can still affect your Merlin Chain investment. You should do your own research on Merlin Chain price before buying.
Is Merlin Chain 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, Merlin Chain may be a worthwhile purchase.
Can I purchase Merlin Chain using my local currency?
Kraken supports a variety of government-issued fiat currencies, including US Dollar (USD), Euro (EUR), Canadian Dollar (CAD), and others. For the full list of supported fiat currencies, please visit this article.
How much is Merlin Chain transaction fee?
Kraken offers competitive fees for Merlin Chain transactions, which are influenced by the trading amount and payment type. Learn more about Kraken’s fee structure.
What is the minimum amount of Merlin Chain I can buy?

You can buy as little as CA$10 worth of Merlin Chain on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of Merlin Chain regularly.
How to buy Merlin Chain with PayPal?
To buy Merlin Chain with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like Merlin Chain, 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 Merlin Chain.
How to buy Merlin Chain with a debit card in Canada?
You can buy Merlin Chain using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.
How to buy Merlin Chain with a credit card in Canada?
To buy Merlin Chain using a credit card issued by a bank in Canada, 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.
How to buy Merlin Chain with other cryptocurrencies?
Kraken makes it easy to buy Merlin Chain 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 Merlin Chain. Browse the Merlin Chain 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.
Can I transfer Merlin Chain from Kraken to my crypto wallet?
Yes, the Merlin Chain you buy on Kraken is yours. Kraken makes it easy to withdraw your Merlin Chain to any hot wallet or cold wallet that supports Merlin Chain. Simply enter the external wallet address and your Merlin Chain will be in your wallet a few moments later.
Is it safe to keep Merlin Chain on Kraken?
We take every measure possible to keep the Merlin Chain 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 Merlin Chain. Learn more about our globally-recognized security standards.
What is the current circulating supply of Merlin Chain?
The current circulating supply of Merlin Chain is 725,138,650 MERL.
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.

How to buy other crypto assets in Canada?

With so many assets to choose from, deciding which crypto to buy can seem overwhelming. We've put together guides for hundreds of top blockchain projects to help you navigate the process from A to Z. Take a look at more buying guides below.