Why buy Ocean with Kraken?

About Ocean

What can you do with Ocean?

Swap Ocean for other assets

Ocean FAQ

Learn more about Ocean

1. How is Ocean different from normal cash?

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

   ---

2. Where can I buy Ocean?

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

   ---

3. How do beginners buy Ocean?

   While Kraken makes it easy for anyone to buy Ocean, beginners should first do their own research (and may consider seeking professional advice) before making decisions about whether or not to buy digital currencies. After learning about Ocean in the Kraken Learn Center, beginners can use Kraken to buy Ocean in moments with as little as $10.

   ---

4. Is Ocean available to buy and sell in my country?

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

   ---

5. Is Ocean 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, Ocean may be a worthwhile purchase.

   ---

6. Can I purchase Ocean 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)

   ---

7. What are the transaction fees for buying Ocean?

   Kraken offers a competitive fee structure based on transaction size, asset, payment method and market conditions. Learn more about Kraken’s fee structure.

   ---

8. What is the minimum amount of Ocean I can buy?

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

   ---

9. Can I buy Ocean with a debit card?

   Yes, you can buy Ocean using a debit card on Kraken.

   ---

10. Can I buy Ocean with other cryptocurrencies?

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

    ---

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

    ---

12. Can I set up automatic recurring buy orders for Ocean?

    Yes, Kraken makes it easy to automatically buy Ocean on a recurring basis. Recurring buys, also known as dollar cost averaging, is a way to continuously increase your asset holdings without needing to manually place an order each time.

    ---

13. Will I owe taxes when buying and selling Ocean?

    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.

    ---

14. Can I transfer Ocean from Kraken to my crypto wallet?

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

    ---

15. Is it safe to leave my Ocean on Kraken?

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

    ---

16. Can I pay for online goods and services using Ocean?

    Yes, as long as the seller is willing to accept Ocean in return for the goods and services you are purchasing.

    ---

17. What is the current circulating supply of Ocean?

    The current circulating supply of Ocean is 434,072,091 OCEAN.

    ---

Browse more crypto buying guides