How to buy dKargo (DKA) in the UK

Where to buy dKargo in the UK

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

You can still purchase DKA 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 DKA using a decentralised exchange.

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

You can keep your DKA 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 DKA below.

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

Is dKargo a good investment?

When buying DKA, it’s important to consider whether it is for an investment or for participation in the logistics ecosystem. Like any cryptocurrency, it is important to assess both the platform and tokenomics. Here are some factors to consider for DKA:

• Staking. To participate in the dKargo platform, a logistics provider must stake DKA tokens as a guarantee for the services provided. If a logistics provider fails to carry out a task, staked DKA tokens are used to compensate intended customers.
• Utility. Use cases for DKA tokens include incentivisation of users to voluntarily provide data, paying for data use and mediation disputes, payment for services, and guarantees for fulfilling contracts. The token can also be used as an alternative payment method for all transactions.
• Incentives. dKargo hosts an incentive pool on the platform, which is composed of a percentage of all transaction fees and reserves from the initial token offering. The pool is then used to reward all dKargo participants. It ensures any profits generated in the platform are distributed to participants who provide a high-quality service.
• Price. The use of DKA means that the tokens price is designed to rise in line with the platform’s growth. The more logistics handled on the dKargo platform, the more demand there will be for DKA. This should drive prices higher. Ultimately, the price of DKA is tied to the number of users of the platform. There is a maximum total supply of 5 billion DKA tokens.

Today's dKargo price versus ATH

Compare today's price of dKargo ($0.03042185 USD) against its all-time-high price of $0.703797 USD on 16 March 2021. The closer the bar is to 100%, the closer DKA is to reaching its ATH again.

How to trade, convert or sell dKargo

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

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