Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.
Nuls (NULS) is in the top 1,000 cryptocurrencies by market cap, valued at US$22,195,979.
Nuls is a highly volatile asset capable of major price swings in a single day. Today NULS is trading for $0.215791 USD, which is higher than yesterday's trading price of $0.2148214678 USD. Over the past year, Nuls's price has seen an increase of 2%.
So before you buy Nuls, make sure you understand these unique risks as well as its legal and tax status here in Canada.
If you're ready to get started, read on for step-by-step instructions on how you can buy Nuls.
How to buy Nuls in 4 steps
The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.
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Compare crypto exchanges
The easiest way to buy Nuls is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
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Create an account
To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
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Make a deposit
Once verified, you can deposit CAD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
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Buy Nuls
You can now exchange your funds for Nuls. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Nuls to your personal wallet.
Where to buy Nuls in Canada
Find an exchange to buy, sell and trade NULS by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.
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How we keep this Nuls guide up-to-date
- NULS price data is regularly updated through data feeds so you always have the latest information.
- Nuls performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.
How do I find the best places to buy Nuls?
Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Canada to help you choose the one that's right for you.
Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.
What will I need to buy Nuls?
To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.
An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Nuls.
- This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
- Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing NULS with your local currency then you will need to pass KYC.
- Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.
What are the best ways to buy Nuls?
Once you've created an account, you will need to deposit funds to buy NULS with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy NULS:
- Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
- Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
- Cryptocurrency: You can usually purchase NULS by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for NULS on the spot market to see what cryptocurrencies it can be traded for.
What is the easiest way to buy Nuls?
The easiest way to buy NULS is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.
Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.
Before buying NULS, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Nuls has been performing recently.
Best Nuls wallets to store your NULS
You can keep your NULS 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 NULS below.
Ledger Nano X Wallet |
Trezor Model T Wallet |
SafePal S1 Wallet |
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Supported assets 5,500+ |
Supported assets 1,317+ |
Supported assets 30,000+ |
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Price (USD) $149 |
Price (USD) $186 |
Price (USD) $49.99 |
See more of the best crypto wallets
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 Nuls a good investment?
Investing in cryptocurrencies can often be a risky yet lucrative investment proposition, hence it’s important to conduct thorough research before investing in a digital asset. Here are the aspects you should keep in mind before investing in NULS:- Governance: There is no minimum number of NULS tokens you would need to hold to have a vote in the governance of the network. Every token counts for a vote, thus, the higher number of tokens you own, the more of a say you have in the network’s proceedings. As a holder, you would also be able to create a proposal for the community to vote on.
- Utility: In addition to serving governance functions and being a store of value, the native token serves various different functions. Similar to other networks, it can also be used to stake on the blockchain. What’s unique is that these tokens can also be used to create tokens and set up nodes on the network.
- Supply: An initial quantity of 100 million tokens was issued and the current total supply is at 115 million tokens. An additional 5 million tokens are created every year to reward miners and contribute to the security of the network, making it an inflationary token.
- Issuance: The initial issuance of the token was split into 4 parts: 40% of the tokens were airdropped to owners of the ERC20 placeholder token of Inchain project (an angel investor of NULS), 20% of the tokens are reserved for continued development, 20% of the tokens are allocated for community building and the remaining 20% is allocated for business partnerships and third-party projects. Barring the airdrop, there is a supply influx cap on each of the other categories limiting the flooding of these tokens in the ecosystem.
- Consensus mechanism: The blockchain uses a Proof of Credit (PoC) consensus mechanism which is a combination of the designated Proof of Stake (dPoS) and a credit rating system, making it the first of its kind designed by the team running the project. This mechanism allows you to mine via staking.
Today's Nuls price versus ATH
Compare today's price of Nuls ($0.215791 USD) against its all-time-high price of $8.53 USD on 10 January 2018. The closer the bar is to 100%, the closer NULS is to reaching its ATH again.
Nuls's price: $0.215791
ATH date: January 10, 2018
ATH date: January 10, 2018
2.53%
Nuls ATH: $8.53
How to trade, convert or sell Nuls
You can convert or sell your NULS with the same exchange you bought it through:- Sign in to the exchange you have NULS on.
- If you store your Nuls in a digital wallet, compare crypto exchanges to convert or sell it on.
- Choose Sell or Convert and place a sell order.
- Choose the amount of NULS you'd like to convert or sell.
- Confirm the sell price and fees and close your sale of Nuls.
- Complete your transaction and move your NULS to a wallet for storage.
Disclaimer: Cryptocurrencies, including Nuls, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of NULS 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 Nuls or any other cryptocurrency discussed.
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