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How to buy Cudos (CUDOS) in the UK

Learn how to buy Cudos (CUDOS) in our step-by-step guide.

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.

Cudos (CUDOS) is the 695th largest cryptocurrency by market cap, valued at US$16,636,605.

Cudos is a highly volatile asset capable of major price swings in a single day. Today CUDOS is trading for $0.00272384 USD, which is higher than yesterday's trading price of $0.002639903 USD. Over the past year, Cudos's price has seen a decrease of -53%.

So before you buy Cudos, 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 Cudos.

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

Find an exchange to buy, sell and trade CUDOS 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*.
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How we keep this Cudos guide up-to-date

  • CUDOS price data is regularly updated through data feeds so you always have the latest information.
  • Cudos 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 Cudos?

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 Cudos?

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 Cudos.

  • 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 CUDOS 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 Cudos?

The easiest way to buy CUDOS 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 CUDOS, 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 Cudos has been performing recently.

Best Cudos wallets to store your CUDOS

You can keep your CUDOS 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 CUDOS below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,456+

Price (USD)

$149

Price (USD)

$219

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

Is Cudos a good investment?

Like all other altcoins, CUDOS is a cryptocurrency that is subject to high volatility. It is, therefore, crucial to understand the token’s purpose and associated protocol before investing. Here are a few core aspects of the project worth considering:

  • High transaction throughput capacity: According to the official Cudos website, the protocol is capable of delivering between 200 and 500 transactions per second (tps) thanks to its use of a globally distributed layer-3 cloud network. High throughput could be attractive to both blockchains and blockchain developers looking to utilise Cudos’ services.
  • Widespread availability: Since its inception, Cudos has continued to garner an increasing amount of mainstream traction, something that is best highlighted by the fact that the project is currently operational in over 150 countries and boasts an active client base of more than 250,000 users.
  • Multifaceted token design: CUDOS is designed to serve a number of purposes within the ecosystem. Primarily the coin is used to ensure the operation and security of the Cudos Network. Users can stake the coin within the network as either a delegator or validator. However, in addition to staking, CUDOS can be used for accruing blockchain and cloud workloads while serving as an internal medium of exchange (MoE) within the network.
  • Experienced backing team: Cudos’ operations are led by Mathew Hawkins, a globally renowned, award-winning entrepreneur, who, prior to his work with Cudos, founded a cloud infrastructure provider called C4L. Hawkins is assisted by COO Lee Woodham who has over 25 years of experience within the realm of finance and technology and a board of members that includes David Juxon (former MD of Bank for America) and Chris Deering (Former President of Sony Entertainment).

Today's Cudos price versus ATH

Compare today's price of Cudos ($0.00272384 USD) against its all-time-high price of $0.129565 USD on 17 January 2021. The closer the bar is to 100%, the closer CUDOS is to reaching its ATH again.

Cudos's price: $0.00272384
ATH date: January 17, 2021
2.10%

Cudos ATH: $0.129565


How to trade, convert or sell Cudos

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