Why buy Covalent with Kraken?

About Covalent

What can you do with Covalent?

Swap Covalent for other assets

Learn more about Covalent

1. How does Covalent work?

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

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2. Where can I buy Covalent?

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

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

   At the current market rate, it costs to purchase one CQT. Kraken makes it easy to buy & sell Covalent with confidence.

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4. Can I buy $100 worth of Covalent?

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

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5. Is Covalent safe to buy?

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

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

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

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

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8. Can I purchase Covalent 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 Covalent?

   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 Covalent I can buy?

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

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11. Can I buy Covalent with a debit card?

    You can buy Covalent 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 Covalent with other cryptocurrencies?

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

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

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

    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 Covalent from Kraken to my crypto wallet?

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

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

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

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17. What is the current circulating supply of Covalent?

    The current circulating supply of Covalent is .

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