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How to buy Boba Network (BOBA) in the UK

Learn how to buy Boba Network (BOBA) on 4+ 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.

Boba Network (BOBA) is the 393rd largest cryptocurrency by market cap, valued at US$57,596,696.

Boba Network is a highly volatile asset capable of major price swings in a single day. Today BOBA is trading for $0.171094 USD, which is higher than yesterday's trading price of $0.1703019088 USD. Over the past year, Boba Network's price has seen a decrease of -61%.

So before you buy Boba Network, 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 Boba Network.

How to buy Boba Network 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 Boba Network 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 Boba Network
    You can now exchange your funds for Boba Network. 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 Boba Network 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 Boba Network in the UK

Find an exchange to buy, sell and trade BOBA 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 - 4 of 4
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
Coinbase Digital Currency Exchange
OFFER
Coinbase Digital Currency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal
USD, EUR, GBP, CAD, MXN, HRK, CZK, DKK, CLP, BGN

255
cryptocurrencies

Get £5 free with your first trade. T&Cs apply.
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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

Sign up with code FINDER15 and get EUR 15 in BTC the first time you spend over EUR 100. T&Cs apply.
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How we keep this Boba Network guide up-to-date

  • BOBA price data is regularly updated through data feeds so you always have the latest information.
  • Boba Network 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 Boba Network?

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 Boba Network?

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 Boba Network.

  • 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 BOBA 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 Boba Network?

The easiest way to buy BOBA 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 BOBA, 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 Boba Network has been performing recently.

Best Boba Network wallets to store your BOBA

You can keep your BOBA 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 BOBA 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 Boba Network a good investment?

The BOBA coin is an integral part of the Boba Network. However, like all altcoin investments, both the token and the associated protocol should be thoroughly researched. Here are a few points to consider before placing funds into BOBA:

  • Fast-growing ecosystem: While the Boba ecosystem is relatively new, there are already several applications being developed on top of the network. These include the Uma Protocol, OolongSwap, Boba Punks and ApeBoard. An increased number of dapps and NFT projects may place an increased demand on BOBA tokens.
  • Staking: The BOBA token can be staked to earn a passive income within the Boba Network. A share of all transaction fees collected is shared among BOBA stakers. When staking BOBA, you will receive xBOBA in return. xBOBA serves as a substitute governance token and is used to participate in governance matters.
  • L1 to L2 bridge: The protocol’s swap-based mechanism allows digital assets to be moved from layer-1 Ethereum to the layer-2 Boba Network seamlessly. In addition, the network’s fast-exit solution enables users to move assets from layer-2 to layer-1 in a few minutes, which solves one of the major pain points of using optimistic rollup bridges. The ease of onboarding and exiting may encourage both users and developers to adopt the protocol, which could place increased demand on the BOBA coin.
  • Yield farming: The network’s fast-exit solution is backed by a community-based liquidity pool, which offers yield farmers an opportunity to earn BOBA from fees while reducing the exit period for other users.
  • Competition: The protocol directly competes with 3 of the leading projects building an optimistic rollup-based scaling solution: Polygon, Arbitrum and Optimism. Furthermore, the existence of other L2 solutions like ZK-rollups and Plasma may also make it harder for the Boba Network to capture market share.
  • Security: The protocol’s documentation indicates that the network is “just as safe” as the Ethereum mainnet since it leverages the same security model and protects the system via “fraud proofs.” The project has also been audited by CertiK.

Today's Boba Network price versus ATH

Compare today's price of Boba Network ($0.171094 USD) against its all-time-high price of $7.93 USD on 25 November 2021. The closer the bar is to 100%, the closer BOBA is to reaching its ATH again.

Boba Network's price: $0.171094
ATH date: November 25, 2021
2.16%

Boba Network ATH: $7.93


How to trade, convert or sell Boba Network

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