Why buy Ethereum Name Service with Kraken?

About Ethereum Name Service

What can you do with Ethereum Name Service?

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Ethereum Name Service FAQ

Learn more about Ethereum Name Service

1. How is Ethereum Name Service different from normal cash?

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

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2. Where can I buy Ethereum Name Service?

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

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3. How do beginners buy Ethereum Name Service?

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

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4. Is Ethereum Name Service available to buy and sell in my country?

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

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5. Is Ethereum Name Service 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, Ethereum Name Service may be a worthwhile purchase.

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6. Can I purchase Ethereum Name Service 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 Ethereum Name Service?

   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 Ethereum Name Service I can buy?

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

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9. Can I buy Ethereum Name Service with a debit card?

   Yes, you can buy Ethereum Name Service using a debit card on Kraken.

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10. Can I buy Ethereum Name Service with other cryptocurrencies?

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

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11. How can I keep my Ethereum Name Service 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 Ethereum Name Service. When you choose to keep your Ethereum Name Service 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 Ethereum Name Service?

    Yes, Kraken makes it easy to automatically buy Ethereum Name Service 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 Ethereum Name Service?

    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 Ethereum Name Service from Kraken to my crypto wallet?

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

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15. Is it safe to leave my Ethereum Name Service on Kraken?

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

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16. Can I pay for online goods and services using Ethereum Name Service?

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

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17. What is the current circulating supply of Ethereum Name Service?

    The current circulating supply of Ethereum Name Service is 30.282.719 ENS.

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