How to buy DeFi Land (DFL) in the UK

Learn how to buy DeFi Land (DFL) in our step-by-step guide.

Where to buy DeFi Land in the UK

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

You can still purchase DFL by using a decentralised exchange (DEX) instead. Decentralised exchanges are web applications that run on blockchains like Solana 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 DFL using a decentralised exchange.
  1. Find DFL on a decentralised exchange and make sure DeFi Land can be traded for SOL which is the native asset of the Solana blockchain. Popular DEXs include Raydium, Marinade Finance and Saber.
  2. Buy SOL to trade for DFL using an exchange like GlobalBlock. You will need to purchase enough SOL to swap for DFL as well as SOL to pay for transaction fees on the Solana network (known as gas). Gas fees only cost a fraction of a cent on Solana, so keeping 0.01 SOL set aside for gas will be plenty.
  3. Transfer the SOL into a Solana web 3.0 wallet like like Phantom to connect to the DEX.
  4. Trade SOL for DFL on the DEX of your choice, following the instructions on screen. Make sure to leave a small amount of SOL in your wallet to pay for gas.
  5. Wait for the transaction to finalise and the DFL 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 DeFi Land wallets to store your DFL

You can keep your DFL 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 DFL 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 DeFi Land a good investment?

Buying cryptocurrency can be a risky endeavor, but there are precautions you can take to help mitigate risk, such as learning more about DeFi Land before buying:

  • Don't FOMO buy coins: Spend time researching a coin before you decide to invest, particularly if the coin's price is spiking for seemingly no reason.
  • Stick with well known exchanges: Unless you're an experienced cryptocurrency trader, stick to more well known crypto exchanges to help avoid the possibility of losing your money in a scam. When possible, store your crypto on a hardware wallet instead of on an exchange.
  • Look into the coin's founders and developers: Anonymous teams are often a red flag, so if you can't find details on the creator of the coin you may want to consider investing in a different cryptocurrency.

Today's DeFi Land price versus ATH

Compare today's price of DeFi Land ($0.00062114 USD) against its all-time-high price of $0.421308 USD on 27 November 2021. The closer the bar is to 100%, the closer DFL is to reaching its ATH again.

DeFi Land's price: $0.00062114
ATH date: November 27, 2021
0.15%

DeFi Land ATH: $0.421308


How to trade, convert or sell DeFi Land

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

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