Why buy Proton with Kraken?

About Proton

What can you do with Proton?

Swap Proton for other assets

Proton FAQ

Learn more about Proton

1. How is Proton different from normal cash?

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

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2. Where can I buy Proton?

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

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3. How do beginners buy Proton?

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

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

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

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

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6. Can I purchase Proton 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 Proton?

   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 Proton I can buy?

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

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9. Can I buy Proton with a debit card?

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

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10. Can I buy Proton with other cryptocurrencies?

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

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11. How can I keep my Proton 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 Proton. When you choose to keep your Proton 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 Proton?

    Yes, Kraken makes it easy to automatically buy Proton 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 Proton?

    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 Proton from Kraken to my crypto wallet?

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

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

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

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

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

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17. What is the current circulating supply of Proton?

    The current circulating supply of Proton is 23,971,559,055 XPR.

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