What can you do with Pyth Network?

Learn more about Pyth Network

1. How does Pyth Network work?

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

   ---

2. Where can I buy Pyth Network?

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

   ---

3. How much does 1 Pyth Network cost?

   At the current market rate, it costs $0.11 to purchase one PYTH. Kraken makes it easy to buy & sell Pyth Network with confidence.

   ---

4. Can I buy $100 worth of Pyth Network?

   Yes, Kraken offers a secure and easy to buy $100 worth of Pyth Network. At its current price, $100 equals 919.05 PYTH.

   ---

5. Is it safe to buy Pyth Network?

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

   ---

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

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

   ---

7. Is Pyth Network 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, Pyth Network may be a worthwhile purchase.

   ---

8. Can I purchase Pyth Network 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)

   ---

9. How much is Pyth Network transaction fee?

   Kraken offers competitive fees for Pyth Network transactions, which are influenced by the trading amount and payment type. Learn more about Kraken’s fee structure.

   ---

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

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

    ---

11. How to buy Pyth Network with PayPal?

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

    ---

12. How to buy Pyth Network with a debit card?

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

    ---

13. How to buy Pyth Network with a credit card?

    To buy Pyth Network 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.

    ---

14. How to buy Pyth Network with other cryptocurrencies?

    Kraken makes it easy to buy Pyth Network 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 Pyth Network. Browse the Pyth Network 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.

    ---

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

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

    ---

16. Is it safe to keep Pyth Network on Kraken?

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

    ---

17. What is the current circulating supply of Pyth Network?

    The current circulating supply of Pyth Network is 5,758,202,531 PYTH.

    ---

Browse more crypto buying guides