What can you do with Shiden?

Learn more about Shiden

1. How does Shiden work?

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

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2. Where can I buy Shiden?

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

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3. How much does 1 Shiden cost?

   At the current market rate, it costs €0.049 to purchase one SDN. Kraken makes it easy to buy & sell Shiden with confidence.

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4. Can I buy $100 worth of Shiden?

   Yes, Kraken offers a secure and easy to buy $100 worth of Shiden. At its current price, $100 equals NaN SDN.

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5. Is it safe to buy Shiden?

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

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6. Is Shiden available to buy and sell in my country?
   

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

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7. Is Shiden 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, Shiden may be a worthwhile purchase.

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8. Can I purchase Shiden 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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9. How much is Shiden transaction fee?

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

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10. What is the minimum amount of Shiden I can buy?

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

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11. How to buy Shiden with PayPal?

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

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12. How to buy Shiden with a debit card?

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

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13. How to buy Shiden with a credit card?

    To buy Shiden using a credit card, 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.

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14. How to buy Shiden with other cryptocurrencies?

    Kraken makes it easy to buy Shiden 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 Shiden. Browse the Shiden 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.

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15. Can I transfer Shiden from Kraken to my crypto wallet?

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

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16. Is it safe to keep Shiden on Kraken?

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

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17. What is the current circulating supply of Shiden?

    The current circulating supply of Shiden is 66.537.913 SDN.

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