Why buy Stellar with Kraken?

About Stellar

What can you do with Stellar?

Swap Stellar for other assets

Stellar FAQ

Learn more about Stellar

1. How is Stellar different from normal cash?

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

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2. Where can I buy Stellar?

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

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3. How do beginners buy Stellar?

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

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

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

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

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6. Can I purchase Stellar 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 Stellar?

   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 Stellar I can buy?

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

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9. Can I buy Stellar with a debit card?

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

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10. Can I buy Stellar with other cryptocurrencies?

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

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

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

    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 Stellar from Kraken to my crypto wallet?

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

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

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

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

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

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17. What is the current circulating supply of Stellar?

    The current circulating supply of Stellar is 27,980,763,044 XLM.

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