Why buy Rocket Pool with Kraken?

What can you do with Rocket Pool?

Swap Rocket Pool for other assets

Rocket Pool FAQ

Learn more about Rocket Pool

1. How is Rocket Pool different from normal cash?

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

   ---

2. Where can I buy Rocket Pool?

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

   ---

3. How do beginners buy Rocket Pool?

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

   ---

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

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

   ---

5. Is Rocket Pool 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, Rocket Pool may be a worthwhile purchase.

   ---

6. Can I purchase Rocket Pool 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)

   ---

7. What are the transaction fees for buying Rocket Pool?

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

   ---

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

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

   ---

9. Can I buy Rocket Pool with a debit card?

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

   ---

10. Can I buy Rocket Pool with other cryptocurrencies?

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

    ---

11. How can I keep my Rocket Pool 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 Rocket Pool. When you choose to keep your Rocket Pool on Kraken, it is secured by our globally-recognized security standards.

    ---

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

    Yes, Kraken makes it easy to automatically buy Rocket Pool 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.

    ---

13. Will I owe taxes when buying and selling Rocket Pool?

    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.

    ---

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

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

    ---

15. Is it safe to leave my Rocket Pool on Kraken?

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

    ---

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

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

    ---

17. What is the current circulating supply of Rocket Pool?

    The current circulating supply of Rocket Pool is 19,918,863 RPL.

    ---

Browse more crypto buying guides