While Kraken makes it easy for anyone to buy cryptocurrency, beginners should first do their own research (and may consider seeking professional advice) before making decisions about whether or not to buy digital currencies. After learning about cryptocurrency, beginners can use Kraken to buy crypto in moments with as little as $10.
Please check our Support article to see what cryptoassets are available in your country.
The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, cryptocurrency may be a worthwhile purchase.
Kraken supports seven different government-issued fiat currencies including:
- US dollars (USD)
- Euros (EUR)
- Canadian dollars (CAD)
- Pounds sterling (GBP)
- Swiss franc (CHF)
- Australian dollar (AUD)
- Japanese Yen (JPY)
Kraken offers a competitive fee structure based on transaction size, asset, payment method and market conditions. Learn more about Kraken’s fee structure.
Yes, Kraken makes it easy to purchase crypto using hundreds of other cryptocurrencies. Browse the cryptocurrency markets available on Kraken to see how much it costs to buy with other cryptocurrencies.
Each country handles cryptocurrency taxes differently. It’s recommended you speak with a local professional tax advisor before making any digital asset purchases or reporting your crypto taxes.
Yes, the cryptocurrency you buy on Kraken is yours. Kraken makes it easy to withdraw your crypto to any hot wallet or cold wallet that supports it. Simply enter the external wallet address and your crypto will be in your wallet a few moments later.
We take every measure possible to keep the cryptocurrency 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 digital assets. Learn more about our globally-recognized security standards.
