Why buy DFI.money with Kraken?

About DFI.money

What can you do with DFI.money?

Swap DFI.money for other assets

DFI.money FAQ

Learn more about DFI.money

1. How is DFI.money different from normal cash?

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

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2. Where can I buy DFI.money?

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

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3. How do beginners buy DFI.money?

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

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

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

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5. Is DFI.money 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, DFI.money may be a worthwhile purchase.

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6. Can I purchase DFI.money 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 DFI.money?

   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 DFI.money I can buy?

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

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9. Can I buy DFI.money with a debit card?

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

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10. Can I buy DFI.money with other cryptocurrencies?

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

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

    Yes, Kraken makes it easy to automatically buy DFI.money 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 DFI.money?

    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 DFI.money from Kraken to my crypto wallet?

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

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15. Is it safe to leave my DFI.money on Kraken?

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

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

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

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17. What is the current circulating supply of DFI.money?

    The current circulating supply of DFI.money is 39,747 YFII.

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