Why buy Polis with Kraken?

What can you do with Polis?

Swap Polis for other assets

Polis FAQ

Learn more about Polis

1. How is Polis different from normal cash?

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

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2. Where can I buy Polis?

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

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3. How do beginners buy Polis?

   While Kraken makes it easy for anyone to buy Polis, 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 Polis in the Kraken Learn Center, beginners can use Kraken to buy Polis in moments with as little as $10.

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

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

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

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6. Can I purchase Polis 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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7. What are the transaction fees for buying Polis?

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

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

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9. Can I buy Polis with a debit card?

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

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10. Can I buy Polis with other cryptocurrencies?

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

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

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

    Yes, Kraken makes it easy to automatically buy Polis 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.

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

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

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

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

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

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

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

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17. What is the current circulating supply of Polis?

    The current circulating supply of Polis is 237,532,721 POLIS.

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