How does Ethena work?

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

Where can I buy Ethena?

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

How much does 1 Ethena cost?

At the current market rate, it costs €0.23 to purchase one ENA. Kraken makes it easy to buy & sell Ethena with confidence.

Can I buy $100 worth of Ethena?

Yes, Kraken offers a secure and easy to buy $100 worth of Ethena. At its current price, $100 equals 436.18 ENA.

Is it safe to buy Ethena?

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

Is Ethena 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, Ethena may be a worthwhile purchase.

Can I purchase Ethena 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 Ethena transaction fee?

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

What is the minimum amount of Ethena I can buy?

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

How to buy Ethena with PayPal?

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

How to buy Ethena with a debit card in Italy?

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

How to buy Ethena with a credit card in Italy?

To buy Ethena using a credit card issued by a bank in Italy, 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 Ethena with other cryptocurrencies?

Kraken makes it easy to buy Ethena 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 Ethena. Browse the Ethena 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 Ethena from Kraken to my crypto wallet?

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

Is it safe to keep Ethena on Kraken?

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

What is the current circulating supply of Ethena?

The current circulating supply of Ethena is 6,349,104,168 ENA.

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How to buy Ethena in Italy

Learn how to buy Ethena on Kraken’s crypto platform in Italy. Create your free account and connect a funding method to buy over cryptocurrencies including ENA. 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 Ethena 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 ENA you will receive.

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

In the past 24 hours, Kraken clients bought 1,104,559 ENA worth €253,236.

Why buy Ethena with Kraken in Italy?

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

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About Ethena

Ethena (ENA) is a synthetic dollar protocol that aims to establish a stablecoin-like asset (USDe) through a delta-neutral hedging strategy. This approach involves shorting derivatives proportional to users’ deposited collateral to generate yield. The ENA token is used for governance across a range of the Ethena protocol’s functions.

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What can you do with Ethena?

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

Ethena rewards

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Trade Ethena for NFTs

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Predict Ethena price

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Swap Ethena for other assets

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

Learn more about Ethena

How does Ethena work?
Unlike traditional currencies, Ethena is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining Ethena. This decentralization means the holders and users of Ethena can help to maintain the network.
Where can I buy Ethena?
Most find that the easiest and most secure way to purchase Ethena is through a reliable cryptocurrency platform like Kraken. While Ethena can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Ethena.
How much does 1 Ethena cost?
At the current market rate, it costs €0.23 to purchase one ENA. Kraken makes it easy to buy & sell Ethena with confidence.
Can I buy $100 worth of Ethena?
Yes, Kraken offers a secure and easy to buy $100 worth of Ethena. At its current price, $100 equals 436.18 ENA.
Is it safe to buy Ethena?
Kraken employs advanced security measures, including encryption and account protection, to ensure your Ethena purchase is secure. However, while Kraken provides a secure platform, market volatility can still affect your Ethena investment. You should do your own research on Ethena price before buying.
Is Ethena 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, Ethena may be a worthwhile purchase.
Can I purchase Ethena 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 Ethena transaction fee?
Kraken offers competitive fees for Ethena transactions, which are influenced by the trading amount and payment type. Learn more about Kraken’s fee structure.
What is the minimum amount of Ethena I can buy?

You can buy as little as $10 worth of Ethena on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of Ethena regularly.
How to buy Ethena with PayPal?
To buy Ethena with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like Ethena, 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 Ethena.
How to buy Ethena with a debit card in Italy?
You can buy Ethena using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.
How to buy Ethena with a credit card in Italy?
To buy Ethena using a credit card issued by a bank in Italy, 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 Ethena with other cryptocurrencies?
Kraken makes it easy to buy Ethena 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 Ethena. Browse the Ethena 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 Ethena from Kraken to my crypto wallet?
Yes, the Ethena you buy on Kraken is yours. Kraken makes it easy to withdraw your Ethena to any hot wallet or cold wallet that supports Ethena. Simply enter the external wallet address and your Ethena will be in your wallet a few moments later.
Is it safe to keep Ethena on Kraken?
We take every measure possible to keep the Ethena 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 Ethena. Learn more about our globally-recognized security standards.
What is the current circulating supply of Ethena?
The current circulating supply of Ethena is 6,349,104,168 ENA.

How to buy other crypto assets in Italy?

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.