Why buy Acala with Kraken?

About Acala

What can you do with Acala?

Swap Acala for other assets

Learn more about Acala

1. How does Acala work?

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

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2. Where can I buy Acala?

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

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3. How much does it cost to buy 1 Acala?

   At the current market rate, it costs $0.10 to purchase one ACA. Kraken makes it easy to buy & sell Acala with confidence.

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4. Can I buy $100 worth of Acala?

   Yes, Kraken offers a secure and easy to buy $100 worth of Acala. At its current price, $100 equals 973.97 ACA.

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5. Is Acala safe to buy?

   The Acala price can change dramatically based on market conditions. You should do your own research on Acala before buying.

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

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

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

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8. Can I purchase Acala 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. What are the transaction fees for buying Acala?

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

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

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11. Can I buy Acala with a debit card?

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

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12. Can I buy Acala with other cryptocurrencies?

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

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13. How can I keep my Acala 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 Acala. When you choose to keep your Acala on Kraken, it is secured by our globally-recognized security standards.

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14. Will I owe taxes when buying and selling Acala?

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

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

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16. Is it safe to leave my Acala on Kraken?

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

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17. What is the current circulating supply of Acala?

    The current circulating supply of Acala is 1,136,481,071 ACA.

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