What can you do with Ocean?

Learn more about Ocean

1. How does Ocean work?

   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.

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2. Where can I buy Ocean?

   Most find that the easiest and most secure way to purchase Ocean is through a reliable 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.

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3. How much does 1 Ocean cost?

   At the current market rate, it costs $0.30 to purchase one OCEAN. Kraken makes it easy to buy & sell Ocean with confidence.

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4. Can I buy $100 worth of Ocean?

   Yes, Kraken offers a secure and easy to buy $100 worth of Ocean. At its current price, $100 equals 330.01 OCEAN.

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5. Is it safe to buy Ocean?

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

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6. 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.
   

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7. 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.

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8. 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)

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9. How much is Ocean transaction fee?

   Kraken offers competitive fees for Ocean 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 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 (charges apply) so you can continuously accumulate small amounts of Ocean regularly.
    

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11. How to buy Ocean with PayPal?

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

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12. How to buy Ocean with a debit card?

    You can buy Ocean 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 Ocean with a credit card?

    To buy Ocean 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 Ocean with other cryptocurrencies?

    Kraken makes it easy to buy Ocean 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 Ocean. Browse the Ocean 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 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.

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16. Is it safe to keep 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.

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17. What is the current circulating supply of Ocean?

    The current circulating supply of Ocean is 202,271,745 OCEAN.

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