Why buy Akash with Kraken?

About Akash

What can you do with Akash?

Swap Akash for other assets

Akash FAQ

Learn more about Akash

1. How is Akash different from normal cash?

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

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2. Where can I buy Akash?

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

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3. How do beginners buy Akash?

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

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

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

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

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6. Can I purchase Akash 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 Akash?

   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 Akash I can buy?

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

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9. Can I buy Akash with a debit card?

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

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10. Can I buy Akash with other cryptocurrencies?

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

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11. How can I keep my Akash 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 Akash. When you choose to keep your Akash 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 Akash?

    Yes, Kraken makes it easy to automatically buy Akash 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 Akash?

    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 Akash from Kraken to my crypto wallet?

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

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

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

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

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

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17. What is the current circulating supply of Akash?

    The current circulating supply of Akash is 221 144 777 AKT.

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