How to buy BTSE Token (BTSE) in the UK

Where to buy BTSE Token in the UK

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

You can still purchase BTSE 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.

How to purchase BTSE using a decentralised exchange.

1. Find BTSE on a decentralised exchange and make sure BTSE Token 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 BTSE using an exchange like CoinJar. You will need to purchase enough ETH to swap for BTSE 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 BTSE 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 BTSE 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 BTSE Token wallets to store your BTSE

You can keep your BTSE 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 BTSE below.

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

Is BTSE Token a good investment?

Cryptocurrencies are highly speculative assets that come with a range of risks. As a result, all altcoins should be thoroughly researched before any investment is made. Potential investors of BTSE may want to consider the following:

• Low and negative fee mechanism: The fees charged by the exchange are below the average of most centralised exchanges on the market. Working on a maker/taker system, spot trading fees start from 0.12%, while futures contract fees start from 0.04%. Interestingly all market ‘makers’ within the futures contract order book are actually paid to trade. Futures contract market makers are charged -0.01% meaning that BTSE pays them to create liquidity. It is one of the only exchanges to offer negative maker fees. Holding the native BTSE token helps to reduce trading fees even further. The low fees offered by BTSE could be extremely attractive to both spot and futures market traders.
• Token supply: There is a maximum capped supply of 200 million BTSE tokens. No more BTSE tokens will ever be entered into supply. While the token does not yet have an active burn mechanism, the exchange has so far burned approximately 38 million, which were not sold during a private sale. The circulating supply of BTSE has been split between the Liquid sidechain and the Ethereum blockchain.
• Competition:The BTSE exchange has entered a heavily saturated section of the cryptocurrency industry. There are now hundreds of cryptocurrency exchanges competing to secure market participation. BTSE will need to compete with Binance, Crypto.com, KuCoin, Coinbase, and FTX, which all offer both spot and futures market trading. Many offer above and beyond what BTSE is offering so future investors need to be sure that the exchange will be able to compete in the future.

Today's BTSE Token price versus ATH

Compare today's price of BTSE Token ($1.69 USD) against its all-time-high price of $9.21 USD on 23 March 2022. The closer the bar is to 100%, the closer BTSE is to reaching its ATH again.

How to trade, convert or sell BTSE Token

You can convert or sell your BTSE with the same exchange you bought it through:

1. Sign in to the exchange you have BTSE on.
2. If you store your BTSE Token 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 BTSE you'd like to convert or sell.
5. Confirm the sell price and fees and close your sale of BTSE Token.
6. Complete your transaction and move your BTSE 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.