Log in Join

How to buy DeFi Pulse Index (DPI) in the UK

Learn how to buy DeFi Pulse Index (DPI) in our step-by-step guide.

DeFi Pulse Index (DPI) is the 815th largest cryptocurrency by market cap, valued at US$15,552,341.

DeFi Pulse Index is a highly volatile asset capable of major price swings in a single day. Today DPI is trading for $67.2 USD, which is higher than yesterday's trading price of $65.59 USD. Over the past year, DeFi Pulse Index's price has seen a decrease of -27%.

So before you buy DeFi Pulse Index, 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 DeFi Pulse Index.

How to buy DeFi Pulse Index 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 DeFi Pulse Index 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 DeFi Pulse Index
    You can now exchange your funds for DeFi Pulse Index. 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 DeFi Pulse Index 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 DeFi Pulse Index in the UK

Find an exchange to buy, sell and trade DPI 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*.
1 - 1 of 1
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Gemini Cryptocurrency Exchange
OFFER
Gemini Cryptocurrency Exchange
Debit card, Apple Pay, Google Pay, SWIFT
GBP, EUR

106
cryptocurrencies

View details
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
loading

How we keep this DeFi Pulse Index guide up-to-date

  • DPI price data is regularly updated through data feeds so you always have the latest information.
  • DeFi Pulse Index 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 DeFi Pulse Index?

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 DeFi Pulse Index?

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 DeFi Pulse Index.

  • 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 DPI 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 DeFi Pulse Index?

The easiest way to buy DPI 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 DPI, 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 DeFi Pulse Index has been performing recently.

Best DeFi Pulse Index wallets to store your DPI

You can keep your DPI 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 DPI 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

Recent DeFi Pulse Index developments

February 2022: Pulse Inc, an important collaborator on the DeFi Pulse Index, underwent a branding change. It is now known as Scalara.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is DeFi Pulse Index a good investment?

Below are the aspects you should consider before investing in DPI:
  • Novel monetary proposition: When users purchase DPI tokens, they are essentially gaining access to all of the tokens that make up the DeFi Pulse Index without having to own any of the assets individually.
  • Directly redeemable: DPI tokens can be liquidated in exchange for one or more of the tokens that make up the index. This means that by using a single token, investors can have a stake in a basket of DeFi currencies, allowing them to spread out their total monetary risk.
  • Ideal for beginners: The index looks to make it easier for crypto enthusiasts to make their way into the DeFi space, especially those individuals who may not possess enough expertise or technical know-how regarding crypto tech.
  • Quality projects part of the index: The DeFi Pulse index is made up of popular DeFi crypto assets, with new projects ocassionally being added and asset distribution frequently updated. Examples of cryptocurrencies tracked include AAVE, UNI, LRC and REN.
  • Solid backing team: The governance aspect of the DeFi Pulse Index is looked after by Concourse, an independent crypto community made up of established digital currency developers, enthusiasts and researchers.

Today's DeFi Pulse Index price versus ATH

Compare today's price of DeFi Pulse Index ($67.2 USD) against its all-time-high price of $656.49 USD on 12 May 2021. The closer the bar is to 100%, the closer DPI is to reaching its ATH again.

DeFi Pulse Index's price: $67.2
ATH date: May 12, 2021
10.24%

DeFi Pulse Index ATH: $656.49


How to trade, convert or sell DeFi Pulse Index

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

More guides on Finder

  • Winners of the Finder Lending Innovation Awards 2023 announced

    Now in their third year, these awards recognise the credit, loans, mortgage and BNPL providers displaying the best innovations in their field.
  • Winners of the Finder Lending Innovation Awards 2023 revealed!

    The winners of the Finder Lending Innovation Awards 2023 have been announced, find out who won across seven categories here.
  • Finder Lending Innovation Awards 2023

    Find out the winners and highly commended brands in the Finder Lending Innovation Awards 2023. The best lending innovation in the UK!
  • How to buy Sui (SUI) in the UK

    This guide provides step-by-step instructions on how to buy Sui, lists some exchanges where you can get it and provides daily price data on (SUI).
  • How to buy Pepe (PEPE) in the UK

    This guide provides step-by-step instructions on how to buy Pepe, lists some exchanges where you can get it and provides daily price data on (PEPE).
  • How to buy Arbitrum (ARB) in the UK

    This guide provides step-by-step instructions on how to buy Arbitrum, lists some exchanges where you can get it and provides daily price data on (ARB).
  • How to buy SSV Network in the UK

    This guide provides step-by-step instructions on how to buy SSV Network, lists some exchanges where you can get it and provides daily price data on (SSV).
  • How to buy USDD in the UK

    This guide provides step-by-step instructions on how to buy USDD, lists some exchanges where you can get it and provides daily price data on (USDD).
  • How to buy Blur in the UK

    This guide provides step-by-step instructions on how to buy Blur, lists some exchanges where you can get it and provides daily price data on (BLUR).
  • How to buy FLOKI in the UK

    This guide provides step-by-step instructions on how to buy FLOKI Inu, lists some exchanges where you can get it and provides daily price data on (FLOKI).
Go to site