What can you do with Marinade SOL?

Learn more about Marinade SOL

1. How does Marinade SOL work?

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

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2. Where can I buy Marinade SOL?

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

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3. How much does 1 Marinade SOL cost?

   At the current market rate, it costs $189.21 to purchase one mSOL. Kraken makes it easy to buy & sell Marinade SOL with confidence.

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4. Can I buy $100 worth of Marinade SOL?

   Yes, Kraken offers a secure and easy to buy $100 worth of Marinade SOL. At its current price, $100 equals 0.53 mSOL.

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5. Is it safe to buy Marinade SOL?

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

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

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

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7. Is Marinade SOL 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, Marinade SOL may be a worthwhile purchase.

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8. Can I purchase Marinade SOL 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. How much is Marinade SOL transaction fee?

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

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

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

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11. How to buy Marinade SOL with PayPal?

    To buy Marinade SOL with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like Marinade SOL, 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 Marinade SOL.

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12. How to buy Marinade SOL with a debit card?

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

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13. How to buy Marinade SOL with a credit card?

    To buy Marinade SOL 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.

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14. How to buy Marinade SOL with other cryptocurrencies?

    Kraken makes it easy to buy Marinade SOL 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 Marinade SOL. Browse the Marinade SOL 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.

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

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

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16. Is it safe to keep Marinade SOL on Kraken?

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

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17. What is the current circulating supply of Marinade SOL?

    The current circulating supply of Marinade SOL is 3,766,780 MSOL.

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