Ledger Nano X Wallet
★★★★★ 4.6
Price (USD)
$149
Supported assets
5,500+
Where to buy FEG
It looks like FEG may not be available to purchase on an exchange in the US.
You can still purchase FEG by using a decentralized exchange (DEX) instead. Decentralized exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.
Decentralized 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 decentralized exchanges first if you're unfamiliar.
How to purchase FEG using a decentralized exchange.
- Find FEG on a decentralized exchange and make sure FEG can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
- Buy ETH to trade for FEG using an exchange like Gemini. 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.
- Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
- 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.
- Wait for the transaction to finalize and the FEG tokens will arrive in your wallet.
- 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 the US.
Best FEG 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.
Trezor Model T Wallet
★★★★★ 4
Price (USD)
$219
Supported assets
1,456+
SafePal S1 Wallet
★★★★★
Price (USD)
$49.99
Supported assets
30,000+
Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.
Is FEG 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.
Today's FEG price versus ATH
Compare today's price of FEG ($0.00000 USD) against its all-time high (ATH) price of $4.4111e-8 on May 13, 2021. The closer the bar is to 100%, the closer FEG is to reaching its ATH again.
Current price: $0.00000
All time high: $4.4111e-8
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Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance 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 cryptocurrencies discussed.
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