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How to buy FEG (OLD) (FEG) in Canada

Learn how to buy FEG (OLD) (FEG) in our step-by-step guide.

Where to buy FEG (OLD) in Canada

It looks like FEG may not be available to purchase on an exchange in Canada.

You can still purchase FEG by using a decentralised exchange (DEX) instead. Decentralised exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.

Decentralised exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralised exchanges first if you're unfamiliar.

How to purchase FEG using a decentralised exchange.
  1. Find FEG on a decentralised exchange and make sure FEG (OLD) can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
  2. Buy ETH to trade for FEG using an exchange like Ndax. You will need to purchase enough ETH to swap for FEG as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
  3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade ETH for FEG on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
  5. Wait for the transaction to finalise and the FEG tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in Canada.

Best FEG (OLD) wallets to store your FEG

You can keep your FEG on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your FEG below.

Ledger Nano X Wallet

Trezor Model T Wallet

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Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is FEG (OLD) a good investment?

FEG is crucial to the wider FEG ecosystem, however, like most cryptos in the market today FEG is faced with regular price swings. Here are some key aspects of the project worth considering before an investment is made:

  • Interoperability driven design: One of the key aspects of the FEG Exchange is its ability to run seamlessly on Ethereum and Binance Smart Chain using a cross-chain swap design. The platform also features a module called “SmartSwap contracts”, which is designed to help the ecosystem maintain a high level of liquidity at all times. Interoperability could help to encourage the use of the exchange and the FEG token.
  • Unique staking program: FEG’s native staking system rewards FEG holders with a 0.12% share of the dollar value for every transaction that takes place on the native exchange. The staking mechanism also removes the risk of impermanent loss and only requires a 2% transaction fee for every staking/unstaking action performed.
  • Shaded history After launch in May 2021, the token experienced what is known as a “pump and dump” with a stratospheric rise in prices quickly followed by a fast collapse. Being targeted for pump and dump mechanisms is not always an encouraging sign for a cryptocurrency project. Since then, prices have remained much more stable.

Additional information about FEG (OLD) can be found using our FEG analysis tools.

Today's FEG (OLD) price versus ATH

Compare today's price of FEG (OLD) ($4.66853e-10 USD) against its all-time-high price of $0.00075137 USD on 30 March 2023. The closer the bar is to 100%, the closer FEG is to reaching its ATH again.

FEG (OLD)'s price: $4.66853e-10
ATH date: March 30, 2023
0.00%

FEG (OLD) ATH: $0.00075137


How to trade, convert or sell FEG (OLD)

You can convert or sell your FEG with the same exchange you bought it through:
  1. Sign in to the exchange you have FEG on.
  2. If you store your FEG (OLD) in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of FEG you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of FEG (OLD).
  6. Complete your transaction and move your FEG to a wallet for storage.
  1. Data by CoinGecko

Disclaimer: Cryptocurrencies, including FEG (OLD), are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of FEG is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the FEG (OLD) or any other cryptocurrency discussed.

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