Why buy Etherfi with Kraken?

About Etherfi

What can you do with Etherfi?

Swap Etherfi for other assets

Learn more about Etherfi

1. How does Etherfi work?

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

   ---

2. Where can I buy Etherfi?

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

   ---

3. How much does 1 Etherfi cost?

   At the current market rate, it costs $1.90 to purchase one ETHFI. Kraken makes it easy to buy & sell Etherfi with confidence.

   ---

4. Can I buy $100 worth of Etherfi?

   Yes, Kraken offers a secure and easy to buy $100 worth of Etherfi. At its current price, $100 equals 52.63 ETHFI.

   ---

5. Is it safe to buy Etherfi?

   Kraken employs advanced security measures, including encryption and account protection, to ensure your Etherfi purchase is secure. However, while Kraken provides a secure platform, market volatility can still affect your Etherfi investment. You should do your own research on Etherfi price before buying.

   ---

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

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

   ---

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

   ---

8. Can I purchase Etherfi 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)

   ---

9. How much is Etherfi transaction fee?

   Kraken offers competitive fees for Etherfi transactions, which are influenced by the trading amount and payment type. Learn more about Kraken’s fee structure.

   ---

10. What is the minimum Etherfi investment?

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

    ---

11. How to buy Etherfi with PayPal?

    To buy Etherfi with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like Etherfi, select PayPal as the method and connect your PayPal account if needed. Enter the deposit amount, confirm, and once funds are added, use them to purchase Etherfi.

    ---

12. How to buy Etherfi with a debit card?

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

    ---

13. How to buy Etherfi with a credit card?

    You can buy Etherfi using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.
    
    To buy Etherfi using a credit card, navigate to the "Buy Crypto" section, add your card details and follow the steps to finalize the transaction. Debit & credit card purchases are available to Kraken users with Intermediate or Pro level verified accounts and residence in a supported country. Kraken accepts Visa or Mastercard that support 3D Secure (3DS) which is in the same legal name as your Kraken account.

    ---

14. How to buy Etherfi with other cryptocurrencies?

    Kraken makes it easy to buy Etherfi using other cryptocurrencies. If the direct trading pair is not available, you can use Kraken's Convert feature to seamlessly swap any listed crypto for Etherfi. Browse the Etherfi markets available on Kraken or use the Convert tool to trade between hundreds of cryptocurrencies quickly and easily. For a complete list of trading pairs, visit the Kraken support center.

    ---

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

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

    ---

16. Is it safe to keep Etherfi on Kraken?

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

    ---

17. What is the current circulating supply of Etherfi?

    The current circulating supply of Etherfi is 217,543,822 ETHFI.

    ---

Browse more crypto buying guides

Popular markets