Why buy Brick with Kraken?

What can you do with Brick?

Swap Brick for other assets

Brick FAQ

Learn more about Brick

1. How is Brick different from normal cash?

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

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2. Where can I buy Brick?

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

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3. How do beginners buy Brick?

   While Kraken makes it easy for anyone to buy Brick, 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 Brick in the Kraken Learn Center, beginners can use Kraken to buy Brick in moments with as little as $10.

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4. Is Brick available to buy and sell in my country?

   To find out if Kraken offers Brick in your region, please check our Support article to see what cryptoassets are available in your country.

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5. Is Brick 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, Brick may be a worthwhile purchase.

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6. Can I purchase Brick using my local currency?

   Kraken supports six different government-issued fiat currencies including:

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

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7. What are the transaction fees for buying Brick?

   Kraken offers a competitive fee structure based on transaction size, asset, payment method and market conditions. Learn more about Kraken’s fee structure.

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8. What is the minimum amount of Brick I can buy?

   You can buy as little as $10 worth of Brick on Kraken. Kraken also allows you to set up recurring buys so you can continuously accumulate small amounts of Brick regularly.

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9. Can I buy Brick with a debit card?

   Yes, you can buy Brick using a debit card on Kraken.

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10. Can I buy Brick with other cryptocurrencies?

    Yes, Kraken makes it easy to purchase Brick using hundreds of other cryptocurrencies. Browse the Brick markets available on Kraken to see how much it costs to buy Brick with other cryptocurrencies.

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11. How can I keep my Brick safe?

    While we believe the safest place for your crypto is in your own cold wallet, we strive to be as transparent and secure as possible when you trust us with your Brick. When you choose to keep your Brick on Kraken, it is secured by our globally-recognized security standards.

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12. Can I set up automatic recurring buy orders for Brick?

    Yes, Kraken makes it easy to automatically buy Brick on a recurring basis. Recurring buys, also known as dollar cost averaging, is a way to continuously increase your asset holdings without needing to manually place an order each time.

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13. Will I owe taxes when buying and selling Brick?

    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.

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14. Can I transfer Brick from Kraken to my crypto wallet?

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

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15. Is it safe to leave my Brick on Kraken?

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

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16. Can I pay for online goods and services using Brick?

    Yes, as long as the seller is willing to accept Brick in return for the goods and services you are purchasing.

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17. What is the current circulating supply of Brick?

    The current circulating supply of Brick is 64,750,856 BRICK.

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