How to buy Celer Network (CELR) in the UK

Celer Network (CELR) is the 248th largest cryptocurrency by market cap, valued at US$110,090,578.

Celer Network is a highly volatile asset capable of major price swings in a single day. Today CELR is trading for $0.01952965 USD, which is higher than yesterday's trading price of $0.0186175661 USD. Over the past year, Celer Network's price has seen an increase of 8%.

So before you buy Celer 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 Celer Network.

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

Where to buy Celer Network in the UK

Find an exchange to buy, sell and trade CELR 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*.

Best Celer Network wallets to store your CELR

You can keep your CELR 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 CELR below.

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

Is Celer Network a good investment?

If you’re thinking of buying any CLR, some of the factors you may want to consider first include:

• High transaction throughput: Celer provides its users with an off-chain scaling solution that can help improve the transaction throughput capacity of any blockchain that runs atop it. This is achieved primarily by breaking down transactions into smaller data sets, which are then processed by off-chain modules (only to be bundled and sent back to the base chain). As a result of this unique operational outlay, any congestion-related bottlenecks can be sorted out fairly seamlessly.
• Impactful use-cases: It is no secret that many crypto networks today suffer from poor transaction throughput rates; however, Celer seeks to help change this by allowing various projects (like Bitcoin) to leverage its off-chain scaling potential and increase the TPS rate by a factor of more than 1000x.
• Strategic partnerships: Since making its way into the market, Celer has been able to forge a number of high-profile partnerships with many big name players — such as Pantera, DHVC, FBG Capital, Fenbushi Capital, 500 Startups, NGC and Waves — operating within the crypto industry.
• Solid backing team: Mo Dong is the co-founder of Celer. In the past, he has worked for a number of reputable firms, including Veriflow, and worked on algorithmic game theory and full-stack smart contract deployment. Similarly, Junda Liu (co-founder) has previously worked at Google as a data networking engineer. He has also served as a founding member for Project Fi, a mobile service platform.
• Lot of market competition: Even though on paper the platform’s core value proposition is quite attractive, it should be mentioned that there already exist a number of other scalability solutions that mirror many of Celer’s core aspects in the market today.

Today's Celer Network price versus ATH

Compare today's price of Celer Network ($0.01952965 USD) against its all-time-high price of $0.194843 USD on 26 September 2021. The closer the bar is to 100%, the closer CELR is to reaching its ATH again.

How to trade, convert or sell Celer Network

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

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