What can you do with Mina?

Learn more about Mina

1. How does Mina work?

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

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2. Where can I buy Mina?

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

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3. How much does 1 Mina cost?

   At the current market rate, it costs $0.18 to purchase one MINA. Kraken makes it easy to buy & sell Mina with confidence.

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4. Can I buy $100 worth of Mina?

   Yes, Kraken offers a secure and easy to buy $100 worth of Mina. At its current price, $100 equals 556.48 MINA.

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5. Is it safe to buy Mina?

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

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

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

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

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8. Can I purchase Mina 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 Mina transaction fee?

   Kraken offers competitive fees for Mina 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 Mina I can buy?

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

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11. How to buy Mina with PayPal?

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

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12. How to buy Mina with a debit card?

    You can buy Mina 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 Mina with a credit card?

    To buy Mina 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 Mina with other cryptocurrencies?

    Kraken makes it easy to buy Mina 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 Mina. Browse the Mina 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 Mina from Kraken to my crypto wallet?

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

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16. Is it safe to keep Mina on Kraken?

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

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17. What is the current circulating supply of Mina?

    The current circulating supply of Mina is 1,238,142,097 MINA.

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