How to Buy Quant (QNT)

How to Buy QNT in 3 Simple Steps

Have you placed your QNT order yet?

What is QNT?

Why buy Quant with Kraken?

How Much QNT Can I Buy With Kraken?

How to Keep Your QNT Investment Safe

What Can I Do With Quant After I Buy It?

How to Buy Quant FAQ

1. Is Quant worth buying?

   The short answer is that it depends on your own individual circumstances. For those that see value in connecting different enterprise technology platforms using a unified API, Quant may be a worthwhile investment.

2. How do beginners buy QNT?

   Beginners should first do their own research (and consider seeking professional advice) before buying QNT. Kraken’s What Is Quant? (QNT) article offers a good overview of the key facts surrounding Quant. With an understanding of the software, beginners can buy QNT in just a few minutes with as little as $10 on Kraken.

3. When is the best time to buy QNT?

   The traditional financial advice, that “it is impossible to time the market,” holds true for Quant too. However, the answer to this question ultimately depends on your goals and financial circumstances.
   Those that have concerns about timing the market should consider dollar cost averaging their QNT purchases using an exchange like Kraken. Dollar cost averaging allows you to purchase the same dollar amount of Quant on a consistent time interval, regardless of its market price. This allows you to constantly accumulate QNT, without having to worry about timing each market fluctuation. 

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4. Can I buy less than one QNT?

   Yes, you can buy less than one QNT. A minimum trade order of 0.05 QNT can be placed on the Kraken trading platform.

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5. Can I buy QNT with my bank account or debit/credit card?

   Yes, U.S. clients can buy QNT using their bank account. Kraken also enables our clients in several countries around the world to purchase Quant with their credit or debit card. A full list of funding options by country can be found here. 

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6. How much QNT should I buy?

   Everyone’s financial situation, appetite for risk and objectives are different. QNT is subject to volatility and price fluctuations. Consider these factors as you evaluate how much Quant you are willing to buy.

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7. Where is the best place to buy Quant?

   QNT can be purchased from a variety of locations today, such as Crypto ATMs, various fintech platforms and even directly from other individuals. The easiest and safest place to purchase Quant is through a trusted cryptocurrency exchange like Kraken.
   With Kraken, you can count on our low fees, easy to use products, around the clock customer support and rigorous focus on the safety and security of your QNT. 

8. How long does it take to buy QNT?

   Using Kraken, it takes only a few minutes to buy Quant. Get started with our three-step process today to create your free account, connect your funding method and buy QNT. With Kraken’s mobile app, it has never been faster or easier to buy Quant.

9. Do I own my QNT?

   Unlike many other fintech and trading platforms that offer Quant, when you buy QNT on Kraken, it belongs to you. Kraken firmly believes in the self-sovereignty and the right to personal custody that Quant was built upon. Therefore, Kraken allows you to take your QNT off of the Kraken platform. You can store it in the wallet of your choice and decide how to use it. When you purchase Quant from Kraken, it is your digital property.

10. What can you buy with QNT?

    You can buy anything using Quant, as long as it is accepted as a medium of exchange. The use cases for Quant grow each day as the ecosystem finds new ways of creating uses for the QNT token.

11. How do I send QNT?

    Once you buy QNT, Kraken makes it easy to withdraw your funds and send QNT to any other QNT wallet in the world, whether that’s your own or someone else’s. From the Kraken funding page, select your QNT asset and then select withdraw. Enter the amount of Quant you wish to withdraw from your Kraken account and enter the QNT address (the long string of letters and numbers) set to receive the funds. 
    
    It is important to check and be absolutely sure that the QNT address you have entered is correct. If you do end up sending funds to the wrong address, even if just one character is wrong, the funds could be lost forever.

12. What is the maximum supply of Quant?

    The maximum supply of Quant is 14,612,493 QNT tokens. New coins enter circulation as a reward for verifying batches of transactions on the network, called blocks. The rate of distribution of block rewards influences the inflation rate of QNT. This issuance rate may be subject to change.

13. Is it better to buy Quant or Bitcoin?

    Everyone has different objectives. While both cryptocurrencies have well-established use cases, you should do your own research to understand which asset better suits your needs.

14. How is QNT taxed?

    After purchasing QNT, it is best to consult a tax professional to ensure that you are reporting your Quant holdings correctly.

15. What's the difference between Quant and QNT?

    Quant is the blockchain protocol which uses QNT as its native cryptocurrency. While Quant is often used to describe the coin as well, QNT is the proper name for the cryptocurrency of the Quant protocol.

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