Why buy tBTC with Kraken?

About tBTC

What can you do with tBTC?

Swap tBTC for other assets

Learn more about tBTC

1. How does tBTC work?

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

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2. Where can I buy tBTC?

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

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

   At the current market rate, it costs $99,981.00 to purchase one tBTC. Kraken makes it easy to buy & sell tBTC with confidence.

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4. Can I buy $100 worth of tBTC?

   Yes, Kraken offers a secure and easy to buy $100 worth of tBTC. At its current price, $100 equals 0.001 tBTC.

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5. Is tBTC safe to buy?

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

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

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

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

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8. Can I purchase tBTC 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 tBTC?

   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 tBTC I can buy?

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

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11. Can I buy tBTC with a debit card?

    You can buy tBTC 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 tBTC with other cryptocurrencies?

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

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

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

    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 tBTC from Kraken to my crypto wallet?

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

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

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

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17. What is the current circulating supply of tBTC?

    The current circulating supply of tBTC is 4,871 TBTC.

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