How to buy FEG (OLD) (FEG) in the UK

Where to buy FEG (OLD) in the UK

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

You can still purchase FEG 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 FEG using a decentralised exchange.

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

You can keep your FEG 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 FEG below.

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

Is FEG (OLD) a good investment?

FEG is crucial to the wider FEG ecosystem, however, like most cryptos in the market today FEG is faced with regular price swings. Here are some key aspects of the project worth considering before an investment is made:

• Interoperability driven design: One of the key aspects of the FEG Exchange is its ability to run seamlessly on Ethereum and Binance Smart Chain using a cross-chain swap design. The platform also features a module called “SmartSwap contracts”, which is designed to help the ecosystem maintain a high level of liquidity at all times. Interoperability could help to encourage the use of the exchange and the FEG token.
• Unique staking program: FEG’s native staking system rewards FEG holders with a 0.12% share of the dollar value for every transaction that takes place on the native exchange. The staking mechanism also removes the risk of impermanent loss and only requires a 2% transaction fee for every staking/unstaking action performed.
• Shaded history After launch in May 2021, the token experienced what is known as a “pump and dump” with a stratospheric rise in prices quickly followed by a fast collapse. Being targeted for pump and dump mechanisms is not always an encouraging sign for a cryptocurrency project. Since then, prices have remained much more stable.

Today's FEG (OLD) price versus ATH

Compare today's price of FEG (OLD) ($2.54814e-10 USD) against its all-time-high price of $0.00075137 USD on 30 March 2023. The closer the bar is to 100%, the closer FEG is to reaching its ATH again.

How to trade, convert or sell FEG (OLD)

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

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