Why buy Ren with Kraken?

About Ren

What can you do with Ren?

Swap Ren for other assets

Learn more about Ren

1. How does Ren work?

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

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2. Where can I buy Ren?

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

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

   At the current market rate, it costs $0.042 to purchase one REN. Kraken makes it easy to buy & sell Ren with confidence.

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4. Can I buy $100 worth of Ren?

   Yes, Kraken offers a secure and easy to buy $100 worth of Ren. At its current price, $100 equals NaN REN.

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5. Is Ren safe to buy?

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

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

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

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

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8. Can I purchase Ren 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 Ren?

   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 Ren I can buy?

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

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11. Can I buy Ren with a debit card?

    You can buy Ren 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 Ren with other cryptocurrencies?

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

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

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

    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 Ren from Kraken to my crypto wallet?

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

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

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

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17. What is the current circulating supply of Ren?

    The current circulating supply of Ren is 999,789,234 REN.

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