How to buy Forj (BONDLY) in the UK

Learn how to buy Forj (BONDLY) in our step-by-step guide.

Where to buy Forj in the UK

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

You can still purchase BONDLY by using a decentralised exchange (DEX) instead. Decentralised exchanges are web applications that run on blockchains like Ethereum 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 BONDLY using a decentralised exchange.
  1. Find BONDLY on a decentralised exchange and make sure Forj can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
  2. Buy ETH to trade for BONDLY using an exchange like CoinJar. You will need to purchase enough ETH to swap for BONDLY as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
  3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade ETH for BONDLY on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
  5. Wait for the transaction to finalise and the BONDLY 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 Forj wallets to store your BONDLY

You can keep your BONDLY 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 BONDLY below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

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 Forj a good investment?

While cryptocurrencies are often lucrative investment opportunities due to the quick price movements, it is very important for you to understand all the risks involved before investing in a particular cryptocurrency. These are the aspects you need to keep in mind before adding BONDLY to your portfolio:
  • Staking: Bondly has collaborated with Ferrum Network to allow staking options like Liquidity Staking. This allows Uniswap Liquidity Providers (LPs) to earn more BONDLY from ETH/BONDLY and USDT/BONDLY pools.
  • Tokenomics & Supply: Bondly has a maximum supply of 1 billion tokens. Out of the circulating supply, 1.6% of tokens are burned in token burn events, thus making BONDLY a deflationary token.
  • Oracles: Bondly has partnered with Chainlink, the top oracle provider in the blockchain market, to enable their smart contracts to interact with real-world data in real-time. Even though Chainlink is at the top of the oracle game, there are always risks associated with the usage of an oracle, they have a vulnerability to hacks and unscrupulous players using game theory attacks.

Today's Forj price versus ATH

Compare today's price of Forj ($0.00554694 USD) against its all-time-high price of $0.875432 USD on 20 February 2021. The closer the bar is to 100%, the closer BONDLY is to reaching its ATH again.

Forj's price: $0.00554694
ATH date: February 20, 2021
0.63%

Forj ATH: $0.875432


How to trade, convert or sell Forj

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

More guides on Finder

Go to site