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How to buy Stella (ALPHA) in the UK

Learn how to buy Stella (ALPHA) on 3+ crypto exchanges in our step-by-step guide.

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

Stella (ALPHA) is the 292nd largest cryptocurrency by market cap, valued at US$89,293,077.

Stella is a highly volatile asset capable of major price swings in a single day. Today ALPHA is trading for $0.111635 USD, which is higher than yesterday's trading price of $0.1029152578 USD. Over the past year, Stella's price has seen a decrease of -25%.

So before you buy Stella, make sure you understand these unique risks as well as its legal and tax status here in the UK.

If you're ready to get started, read on for step-by-step instructions on how you can buy Stella.

How to buy Stella 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.

  1. Compare crypto exchanges
    The easiest way to buy Stella 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.
  2. 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.
  3. Make a deposit
    Once verified, you can deposit GBP using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Stella
    You can now exchange your funds for Stella. 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 Stella to your personal wallet.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Where to buy Stella in the UK

Find an exchange to buy, sell and trade ALPHA by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
1 - 3 of 3
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Uphold - Digital Asset Platform
Uphold - Digital Asset Platform
Bank transfer (ACH), Debit card, Apple Pay, Google Pay
USD, GBP, AUD, EUR, CAD, CNY, JPY, SGD, INR, NZD

214
cryptocurrencies

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Kraken Cryptocurrency Exchange
Finder Award
Kraken Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay, SWIFT
USD, EUR, GBP, JPY, CAD, CHF, AUD, AED

222
cryptocurrencies

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View details
Kriptomat Cryptocurrency Exchange
EXCLUSIVE
Kriptomat Cryptocurrency Exchange
Credit card, Neteller, SOFORT, Skrill, SEPA
EUR, USD, GBP, BGN, HRK, CZK, HUF, PLN, SEK, TRY

347
cryptocurrencies

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How we keep this Stella guide up-to-date

  • ALPHA price data is regularly updated through data feeds so you always have the latest information.
  • Stella 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 Stella?

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 the UK 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 Stella?

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 Stella.

  • 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 ALPHA 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 is the easiest way to buy Stella?

The easiest way to buy ALPHA 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 ALPHA, 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 Stella has been performing recently.

Best Stella wallets to store your ALPHA

You can keep your ALPHA 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 ALPHA 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

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

Is Stella a good investment?

Below are the aspects you should consider before investing in ALPHA:
  • Novel governance framework: Even though Alpha Finance Lab is basically structured like a decentralized autonomous organization (DAO), affording ALPHA holders the ability to vote on how the platform should be run as well as on certain specifics regarding future Alpha products, the governance module is split into two levels: product-level governance and finance-level governance.
  • Solid dev team: The Alpha Finance Lab core dev team consists of Tascha Punyaneramitdee, who was previously the head of strategy for another prominent crypto project called Band Protocol. She has previously also served as a product manager for tech giant Tencent from 2018 to 2020. Other noteworthy team members include Nipun Pitimanaaree, a Massachusetts Institute of Technology (MIT) graduate who was previously the recipient of a gold medal at the International Mathematical Olympiad (IMO) for four years running.
  • DeFi accessibility: Alpha Finance Lab’s various product offerings seek to make the DeFi ecosystem more accessible to everyone. For example, Alpha Homora is the first platform within this burgeoning space to introduce to the world the concept of “leveraged yield farming,” which allows users to borrow from both depositors in Alpha as well as other platforms (such as Cream) in a fully automated, undercollateralized manner.
  • Similarly, AlphaX is one of the world’s first Uniswap-style perpetual swap decentralized exchanges that does not make use of any order books. As a result, it allows more crypto users to gain access to a whole host of unique financial offerings, such as leverage trading without having to go into the nitty-gritty of the concept.
  • Limited token supply: Another facet of this project is that it has a capped token supply — only a total of 1 billion ALPHA will ever be produced. Of this figure, a total of 174.1 million tokens were released during the launch of the platform.

Today's Stella price versus ATH

Compare today's price of Stella ($0.111635 USD) against its all-time-high price of $2.93 USD on 05 February 2021. The closer the bar is to 100%, the closer ALPHA is to reaching its ATH again.

Stella's price: $0.111635
ATH date: February 05, 2021
3.81%

Stella ATH: $2.93


How to trade, convert or sell Stella

You can convert or sell your ALPHA with the same exchange you bought it through:
  1. Sign in to the exchange you have ALPHA on.
  2. If you store your Stella 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 ALPHA you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Stella.
  6. Complete your transaction and move your ALPHA to a wallet for storage.
  1. Data by CoinGecko

* 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.

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