Why buy Dymension with Kraken?

About Dymension

What can you do with Dymension?

Swap Dymension for other assets

Learn more about Dymension

1. How does Dymension work?

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

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2. Where can I buy Dymension?

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

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

   At the current market rate, it costs $2.55 to purchase one DYM. Kraken makes it easy to buy & sell Dymension with confidence.

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4. Can I buy $100 worth of Dymension?

   Yes, Kraken offers a secure and easy to buy $100 worth of Dymension. At its current price, $100 equals 39.22 DYM.

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5. Is Dymension safe to buy?

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

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

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

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

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8. Can I purchase Dymension 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 Dymension?

   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 Dymension I can buy?

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

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11. Can I buy Dymension with a debit card?

    You can buy Dymension 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 Dymension with other cryptocurrencies?

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

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

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

    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 Dymension from Kraken to my crypto wallet?

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

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

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

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17. What is the current circulating supply of Dymension?

    The current circulating supply of Dymension is 217,178,545 DYM.

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