See more of the best crypto wallets
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more.
What are the key risks?
1. You could lose all the money you invest- The performance of most cryptoassets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in cryptoassets. This is an altcoin and these tend to be even more volatile than Bitcoin.
- The cryptoasset market is largely unregulated. There is a risk of losing money or any cryptoassets you purchase due to risks such as cyber-attacks, financial crime and firm failure.
- The Financial Services Compensation Scheme (FSCS) doesn't protect this type of investment because it's not a 'specified investment' under the UK regulatory regime – in other words, this type of investment isn't recognised as the sort of investment that the FSCS can protect. Learn more by using the FSCS investment protection checker.
- The Financial Ombudsman Service (FOS) will not be able to consider complaints related to this firm or Protection from the Financial Ombudsman Service (FOS) does not cover poor investment performance. If you have a complaint against an FCA regulated firm, FOS may be able to consider it. Learn more about FOS protection here.
- There is no guarantee that investments in cryptoassets can be easily sold at any given time. The ability to sell a cryptoasset depends on various factors, including the supply and demand in the market at that time.
- Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delay and you may be unable to sell your cryptoassets at the time you want.
- Investments in cryptoassets can be complex, making it difficult to understand the risks associated with the investment.
- You should do your own research before investing. If something sounds too good to be true, it probably is.
- Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well.
- A good rule of thumb is not to invest more than 10% of your money in high-risk investments.
Where to buy Ampleforth in the UK
Unfortunately, at this time no major exchanges in the UK offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.
Consider buying a different cryptocurrency after comparing popular exchanges.
Best Ampleforth wallets to store your AMPL
You can keep your AMPL 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 AMPL below.
Ledger Nano X Wallet |
Trezor Model T Wallet |
SafePal S1 Wallet |
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Supported assets 5,500+ |
Supported assets 1,456+ |
Supported assets 30,000+ |
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Price (USD) $149 |
Price (USD) $219 |
Price (USD) $49.99 |
Recent Ampleforth developments
August 2021: Ampleforth was announced as a new addition to AAVE’s lending protocol, resulting in a 48-hour price jump of approximately 70%.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
Is Ampleforth a good investment?
Below are the aspects you should consider before investing in AMPL:- Interesting monetary proposition: The token dynamics employed by Ampleforth are unique. The protocol seeks to combine the scarcity aspect of Bitcoin while allowing it to enjoy the elasticity (i.e. inflationary) benefits presented by fiat currency.
- Financial incentives: The platform provides network participants with lucrative incentives for helping the network reach a state of economic equilibrium. Alternatively, one could also say that the network hinges on the activities of profit-seeking traders to restore equilibrium on the demand side once supply ratios are altered.
- Unique design: After the gold standard was abolished in the 1940s, fiat currencies did not have their values pegged to any physical commodity, essentially allowing governments all over the world to inflate their money supply streams as they see fit, instead of expanding and contracting the total output as per market demand.
- Ampleforth borrows from the concept of a flexible monetary supply, combining it with the deflationary model used by many cryptocurrencies today (a la Bitcoin), effectively eliminating any sort of centralized control over its total token pool.
- Experimental: Though quite exciting, Ampleforth is still quite experimental in its design since it makes use of an operational structure that has not been tested under rigorous market conditions. This is best highlighted by the fact that since its inception, the currency’s total market capitalization has never crossed the $10 million threshold.
Today's Ampleforth price versus ATH
Compare today's price of Ampleforth ($1.27 USD) against its all-time-high price of $4.07 USD on 12 July 2020. The closer the bar is to 100%, the closer AMPL is to reaching its ATH again.
Ampleforth's price: $1.27
ATH date: July 12, 2020
ATH date: July 12, 2020
31.20%
Ampleforth ATH: $4.07
How to trade, convert or sell Ampleforth
You can convert or sell your AMPL with the same exchange you bought it through:- Sign in to the exchange you have AMPL on.
- If you store your Ampleforth 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 AMPL you'd like to convert or sell.
- Confirm the sell price and fees and close your sale of Ampleforth.
- Complete your transaction and move your AMPL 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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