How to buy DSLA Protocol (DSLA) in the UK

Learn how to buy DSLA Protocol (DSLA) in our step-by-step guide.

Where to buy DSLA Protocol in the UK

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

You can still purchase DSLA 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.

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

You can keep your DSLA 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 DSLA 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 DSLA Protocol a good investment?

DSLA is a relatively young protocol which means all aspects of the platform and the associated token should be carefully evaluated before any investment is made. A few factors to consider before investing in DSLA include:
  • Integral to operation: DSLA tokens provide liquidity to the platform and allow developers to produce decentralised service-level agreements. Without the token, the system fails.
  • Easy access: There are a number of mainstream cryptocurrency exchanges that allow users to buy DSLA tokens. According to CoinMarketCap, platforms include KuCoin, Gate.io and Uniswap (V3).
  • Scarcity: DSLA tokens have a maximum supply of 7 billion. Tokens are burned every time a Decentralised SLA is executed. This is a deflationary characteristic that should make DSLA more scarce with time.
  • Answers a direct problem: Anytime a decentralised finance app is faced with a network drop, its users are potentially exposed to losses. However, with the DSLA protocol, it is possible to execute customer service policies based on the performance analytics of various crypto DApps in a highly straightforward fashion. This is not a problem to be solved in the future. It is a problem that DSLA is solving right now.

Today's DSLA Protocol price versus ATH

Compare today's price of DSLA Protocol ($0.0019072 USD) against its all-time-high price of $0.02429944 USD on 04 April 2021. The closer the bar is to 100%, the closer DSLA is to reaching its ATH again.

DSLA Protocol's price: $0.0019072
ATH date: April 04, 2021
7.85%

DSLA Protocol ATH: $0.02429944


How to trade, convert or sell DSLA Protocol

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