Why buy Step Finance with Kraken?

What can you do with Step Finance?

Swap Step Finance for other assets

Step Finance FAQ

Learn more about Step Finance

1. How is Step Finance different from normal cash?

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

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2. Where can I buy Step Finance?

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

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3. How do beginners buy Step Finance?

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

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

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

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

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6. Can I purchase Step 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 Step 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 Step Finance I can buy?

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

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

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

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10. Can I buy Step Finance with other cryptocurrencies?

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

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

    Yes, Kraken makes it easy to automatically buy Step 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 Step 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 Step Finance from Kraken to my crypto wallet?

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

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

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

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

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

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

    The current circulating supply of Step Finance is 375,589,285 STEP.

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