Why buy pSTAKE Finance with Kraken?

What can you do with pSTAKE Finance?

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pSTAKE Finance FAQ

Learn more about pSTAKE Finance

1. How is pSTAKE Finance different from normal cash?

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

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2. Where can I buy pSTAKE Finance?

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

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3. How do beginners buy pSTAKE Finance?

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

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

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

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5. Is pSTAKE Finance 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, pSTAKE Finance may be a worthwhile purchase.

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6. Can I purchase pSTAKE Finance 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 pSTAKE Finance?

   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 pSTAKE Finance I can buy?

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

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9. Can I buy pSTAKE Finance with a debit card?

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

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10. Can I buy pSTAKE Finance with other cryptocurrencies?

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

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

    Yes, Kraken makes it easy to automatically buy pSTAKE Finance 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 pSTAKE Finance?

    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 pSTAKE Finance from Kraken to my crypto wallet?

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

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15. Is it safe to leave my pSTAKE Finance on Kraken?

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

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

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

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17. What is the current circulating supply of pSTAKE Finance?

    The current circulating supply of pSTAKE Finance is 276,555,676 PSTAKE.

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