Why buy Optimism with Kraken?

About Optimism

What can you do with Optimism?

Swap Optimism for other assets

Learn more about Optimism

1. How does Optimism work?

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

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2. Where can I buy Optimism?

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

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3. How much does it cost to buy 1 Optimism?

   At the current market rate, it costs $2.67 to purchase one OP. Kraken makes it easy to buy & sell Optimism with confidence.

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4. Can I buy $100 worth of Optimism?

   Yes, Kraken offers a secure and easy to buy $100 worth of Optimism. At its current price, $100 equals 37.45 OP.

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5. Is Optimism safe to buy?

   The Optimism price can change dramatically based on market conditions. You should do your own research on Optimism before buying.

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

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

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

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8. Can I purchase Optimism 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. What are the transaction fees for buying Optimism?

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

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

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

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11. Can I buy Optimism with a debit card?

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

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12. Can I buy Optimism with other cryptocurrencies?

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

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

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14. Will I owe taxes when buying and selling Optimism?

    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.

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

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

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16. Is it safe to leave my Optimism on Kraken?

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

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17. What is the current circulating supply of Optimism?

    The current circulating supply of Optimism is 1,258,485,592 OP.

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