How to buy Altura (ALU) in the UK

Learn how to buy Altura (ALU) in our step-by-step guide.

Where to buy Altura in the UK

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

You can still purchase ALU by using a decentralised exchange (DEX) instead. decentralised exchanges are web applications that run on blockchains like Binance Smart Chain (BSC) 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 ALU using a decentralised exchange.
  1. Find ALU on a decentralised exchange and make sure Altura can be traded for BNB which is the native asset of Binance. The most popular DEX on Binance Smart Chain is PancakeSwap.
  2. Buy BNB to trade for ALU using an exchange like GlobalBlock. You will need to purchase enough BNB to swap for ALU as well as BNB to pay for transaction fees (known as gas) on the BSC network, which usually costs less than a dollar.
  3. Transfer the BNB into a a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade BNB for ALU on PancakeSwap, following the instructions on screen. Make sure to leave enough BNB in your wallet to pay for gas.
  5. Wait for the transaction to finalise and the ALU 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 Altura wallets to store your ALU

You can keep your ALU 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 ALU 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 Altura a good investment?

When deciding on whether to invest in ALU, there are a few factors to consider that may impact the price:

  • Smart NFTs. A major step forward for blockchain gaming is the implementation of Smart NFTs – in-game items that react and respond to certain stimulus. An example of this condition might be a character that evolves into a different, upgraded NFT after a certain period of time, either real-world or in-game. Another example might be dynamic statistics based on game data, such as ‘games won’ or ‘damage dealt’. Smart NFTs are still a work in progress, and their successful development will go a long way to capturing interest in Altura’s platform.
  • Cross-game items. Altura plans to accommodate the creation of cross-game items for new games built with the platform’s services. Essentially, game developers will be able to integrate certain NFT items that already exist on the Altura network into their own projects.
  • Unethical nature of loot boxes. A major drawing point for Altura is their inclusion of a loot box system, however, these have long been a point of contention within the gaming industry. Many believe loot boxes promote gambling to a younger audience and can quickly result in addiction.
  • Tokenomics. There is a total supply of 1 billion ALU BEP-20 tokens. Of that, 30% were sold via the Initial DEX Offering and 10% through private sales. Altura has allocated themselves 45% of the token supply, with 10% dedicated to the team, 10% for marketing, 15% for development and 10% as a reserve.

Today's Altura price versus ATH

Compare today's price of Altura ($0.031178 USD) against its all-time-high price of $0.462652 USD on 03 November 2021. The closer the bar is to 100%, the closer ALU is to reaching its ATH again.

Altura's price: $0.031178
ATH date: November 03, 2021
6.74%

Altura ATH: $0.462652


How to trade, convert or sell Altura

You can convert or sell your ALU with the same exchange you bought it through:
  1. Sign in to the exchange you have ALU on.
  2. If you store your Altura 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 ALU you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Altura.
  6. Complete your transaction and move your ALU 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.

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