What can you do with Multichain?

Learn more about Multichain

1. How does Multichain work?

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

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2. Where can I buy Multichain?

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

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3. How much does 1 Multichain cost?

   At the current market rate, it costs $0.53 to purchase one MULTI. Kraken makes it easy to buy & sell Multichain with confidence.

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4. Can I buy $100 worth of Multichain?

   Yes, Kraken offers a secure and easy to buy $100 worth of Multichain. At its current price, $100 equals 188.56 MULTI.

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5. Is it safe to buy Multichain?

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

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

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

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

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8. Can I purchase Multichain 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 Multichain transaction fee?

   Kraken offers competitive fees for Multichain 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 Multichain I can buy?

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

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11. How to buy Multichain with PayPal?

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

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12. How to buy Multichain with a debit card?

    You can buy Multichain 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 Multichain with a credit card?

    To buy Multichain 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 Multichain with other cryptocurrencies?

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

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

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16. Is it safe to keep Multichain on Kraken?

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

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17. What is the current circulating supply of Multichain?

    The current circulating supply of Multichain is - MULTI.

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