How to buy Fuse (FUSE) in the UK

Where to buy Fuse in the UK

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

You can still purchase FUSE 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 FUSE using a decentralised exchange.

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

You can keep your FUSE 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 FUSE below.

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

Is Fuse a good investment?

Every altcoin investment should be thoroughly researched. Both the token and the associated platform or project should be evaluated to look for the upside potential and downside risk. Here are a few factors to consider before investing in FUSE:

• Scalability: Scaling is one of the primary hurdles to the mainstream adoption of crypto payments. This makes it an extremely important problem for Fuse to overcome. Fortunately, the project has been anticipating the day when its user base will grow large enough to put its network to the test. To cope with the influx, Fuse plans to implement its own scaling solution: Flutter Layer 2 Payments (FL2P). FL2P is a Software Development Kit (SDK) based on zk-rollup technology. The technology can be used by developers to integrate into mobile wallets. Whether or not this solution will suffice when the time comes remains to be seen.
• Partnerships: Fuse is partnered and has integrated with some of the most remarkable projects and platforms within the cryptocurrency industry. Partnerships include Chainlink, Ramp Network, Orion Protocol, and DappRadar.
• Interoperability: The team believes in a multi-chain future; hence, it has leveraged various bridges that enable the porting of Fuse-native tokens to other networks like Binance Smart Chain, Polygon, Harmony. This may widen the use case of the FUSE token.
• Competition: Crypto payments are probably one of the most competitive use cases within DeFi. This may make it difficult for a project like Fuse to dominate. It has to compete with similar crypto ecosystems such as XRP and XLM, stablecoins such as USDT and UST, and even centralised but innovative solutions like Bitpay and Coinbase Commerce. Its mobile-centric approach might give it an edge over some crypto payment platforms. However, careful execution and proper timing are still crucial for its ecosystem to thrive in the years ahead.
• Ecosystem: The Fuse ecosystem is still very early in development. As a result, the ecosystem cannot yet boast a similar number of dApps integrations as other layer-1 blockchains, such as Ethereum, Fantom, and Solana. This could be viewed as both a risk and an opportunity, seeing as it has more challenges as well as more potential upside.

Today's Fuse price versus ATH

Compare today's price of Fuse ($0.065251 USD) against its all-time-high price of $2.13 USD on 20 January 2022. The closer the bar is to 100%, the closer FUSE is to reaching its ATH again.

How to trade, convert or sell Fuse

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

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