Why buy Basic Attention Token with Kraken?

About Basic Attention Token

What can you do with Basic Attention Token?

Swap Basic Attention Token for other assets

Basic Attention Token FAQ

Learn more about Basic Attention Token

1. How is Basic Attention Token different from normal cash?

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

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2. Where can I buy Basic Attention Token?

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

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3. How do beginners buy Basic Attention Token?

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

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4. Is Basic Attention Token available to buy and sell in my country?

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

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5. Is Basic Attention Token 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, Basic Attention Token may be a worthwhile purchase.

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6. Can I purchase Basic Attention Token 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 Basic Attention Token?

   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 Basic Attention Token I can buy?

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

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9. Can I buy Basic Attention Token with a debit card?

   Yes, you can buy Basic Attention Token using a debit card on Kraken.

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10. Can I buy Basic Attention Token with other cryptocurrencies?

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

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11. How can I keep my Basic Attention Token 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 Basic Attention Token. When you choose to keep your Basic Attention Token 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 Basic Attention Token?

    Yes, Kraken makes it easy to automatically buy Basic Attention Token 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 Basic Attention Token?

    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 Basic Attention Token from Kraken to my crypto wallet?

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

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15. Is it safe to leave my Basic Attention Token on Kraken?

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

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16. Can I pay for online goods and services using Basic Attention Token?

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

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17. What is the current circulating supply of Basic Attention Token?

    The current circulating supply of Basic Attention Token is 1,492,423,413 BAT.

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