How to buy FLOKI Inu (FLOKI) in the UK

Learn how to buy FLOKI Inu (FLOKI) in our step-by-step guide.

Where to buy FLOKI Inu coin

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

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

You can keep your FLOKI 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 FLOKI 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 FLOKI Inu a good investment?

Floki remains a popular choice crypto among memecoin enthusiasts. It started 2023 well, with significant gains and a major exchange listing on KuCoin. The development team has also announced that staking will be released soon.

That said, there are many competitor memecoins in what could be argued is an oversaturated market. Here are some things to consider before investing in FLOKI:

  • Project utility. Although it is a popular token, some may argue that Floki doesn't have the utility or real-world use cases that many major cryptos boast. The project’s Github is regularly updated, and milestones such as the Valhalla game have been released – both positives. However, development advancements for 2023 include photos of Elon Musk's dog titled 'Floki is the CEO of Twitter', which could be interpreted as a questionable community update.
  • Anonymous team. The team behind Floki have chosen to remain anonymous, using pseudonyms rather than their real names. While this is not necessarily a bad thing, and other successful projects have unknown developers, it does make it hard to verify their expertise and background.
  • Competitor projects. Floki is just one of many memecoins in the market. While competitors, including Shiba Inu and Dogecoin, remain multi-billion dollar projects, they have been around longer than Floki, have more established communities and are listed on larger exchanges – Floki may be considered the ‘underdog’ of memecoins.

Additional information about FLOKI Inu can be found using our FLOKI analysis tools.

Today's FLOKI Inu price versus ATH

Compare today's price of FLOKI Inu ($0.00003315 USD) against its all-time-high price of $0.00033651 USD on 04 November 2021. The closer the bar is to 100%, the closer FLOKI is to reaching its ATH again.

FLOKI's price: $0.00003315
ATH date: November 04, 2021
9.85%

FLOKI ATH: $0.00033651


How to trade, convert or sell FLOKI Inu

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