How to buy Adamant (ADDY) in the UK

Where to buy Adamant in the UK

It looks like ADDY may not be available to purchase on an exchange in the UK.

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

How to purchase ADDY using a decentralised exchange.

1. Find ADDY on a decentralised exchange and make sure Adamant can be traded for MATIC which is the native asset of Polygon. Popular DEXs on Polygon include QuickSwap, SushiSwap and Balancer.
2. Buy MATIC to trade for ADDY using an exchange like Gemini. You will need to purchase enough MATIC to swap for ADDY as well as some MATIC to pay for transaction fees which typically cost no more than a cent.
3. Transfer the MATIC into a web 3.0 wallet like MetaMask to connect to the DEX.
4. Trade MATIC for ADDY on the DEX of your choice, following the instructions on screen. Make sure to leave enough MATIC in your wallet to pay for gas.
5. Wait for the transaction to finalise and the ADDY 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 the UK.

Best Adamant wallets to store your ADDY

You can keep your ADDY 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 ADDY below.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is Adamant a good investment?

Potential buyers of Adamant Finance (ADDY) should do thorough research of the platform before purchasing the ADDY token, and familiarize themselves with certain risk factors such as:

• High yields. Adamant Finance acknowledges that the high yields offered in their degen vaults are not sustainable, and as such users should check yield rates regularly.
• Anonymous developers. The development team that manages Adamant Finance is not publicly identified. While this is common with some DeFi protocols, it also increases the risk of the protocol being compromised from within, putting user funds at risk.
• Polygon. Polycat operates on Polygon, which is a sidechain (or layer-2) on Ethereum. This means you first need to transfer your funds from Ethereum to Polygon before you can use them on Polycat.

Today's Adamant price versus ATH

Compare today's price of Adamant ($0.247745 USD) against its all-time-high price of $86.5 USD on 08 May 2021. The closer the bar is to 100%, the closer ADDY is to reaching its ATH again.

How to trade, convert or sell Adamant

You can convert or sell your ADDY with the same exchange you bought it through:

1. Sign in to the exchange you have ADDY on.
2. If you store your Adamant 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 ADDY you'd like to convert or sell.
5. Confirm the sell price and fees and close your sale of Adamant.
6. Complete your transaction and move your ADDY to a wallet for storage.

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.