How to buy EDEN (EDEN) in the UK

Where to buy EDEN in the UK

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

You can still purchase EDEN 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 EDEN using a decentralised exchange.

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

You can keep your EDEN 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 EDEN below.

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

Is EDEN a good investment?

Cryptocurrencies are highly speculative assets that come with a range of risks. As a result, all altcoins should be thoroughly researched before any investment is made. Potential investors of EDEN may want to consider the following:

• Focused on a growing problem: The idea of front running or sandwiching transactions of the Ethereum blockchain has one that has existed for some time. The Eden Network is one of the very few projects that has created a solution to this problem which places it in an advantageous position within the ecosystem. The idea that the project is trying to solve is clear. The team at Eden now needs to focus on onboarding more partners into the ecosystem and, therefore, encourage the use of the native EDEN token.
• Burning mechanism: The Eden Network implements a burning mechanism which is executed on a daily basis. Known as the Harberger Tax, EDEN tokens are burned from those holding a slot on the Ethereum blockchain. This ensures that top addresses are changed and that there is a constant demand for EDEN.
• Tokenomics: The maximum number of EDEN tokens is capped at 250 million. New EDEN tokens are then released with every new block of the Ethereum blockchain. Monthly inflation is distributed to Eden Network block producers (60%), liquidity providers (30%), and the Eden Network Treasury (10%).

Today's EDEN price versus ATH

Compare today's price of EDEN ($0.03956138 USD) against its all-time-high price of $9.27 USD on 08 September 2021. The closer the bar is to 100%, the closer EDEN is to reaching its ATH again.

How to trade, convert or sell EDEN

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

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