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How to buy Golem (GLM) in the UK

Learn how to buy Golem (GLM) on 4+ crypto exchanges in our step-by-step guide.

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

Golem (GLM) is the 173rd largest cryptocurrency by market cap, valued at US$204,515,673.

Golem is a highly volatile asset capable of major price swings in a single day. Today GLM is trading for $0.205493 USD, which is higher than yesterday's trading price of $0.202712774 USD. Over the past year, Golem's price has seen a decrease of -32%.

So before you buy Golem, make sure you understand these unique risks as well as its legal and tax status here in the UK.

If you're ready to get started, read on for step-by-step instructions on how you can buy Golem.

How to buy Golem in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Golem is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit GBP using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Golem
    You can now exchange your funds for Golem. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Golem to your personal wallet.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Where to buy Golem in the UK

Find an exchange to buy, sell and trade GLM by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
1 - 4 of 4
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Uphold - Digital Asset Platform
Uphold - Digital Asset Platform
Bank transfer (ACH), Debit card, Apple Pay, Google Pay
USD, GBP, AUD, EUR, CAD, CNY, JPY, SGD, INR, NZD

214
cryptocurrencies

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Coinbase Digital Currency Exchange
OFFER
Coinbase Digital Currency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal
USD, EUR, GBP, CAD, MXN, HRK, CZK, DKK, CLP, BGN

255
cryptocurrencies

Get £5 free with your first trade. T&Cs apply.
Go to site
View details
Kriptomat Cryptocurrency Exchange
EXCLUSIVE
Kriptomat Cryptocurrency Exchange
Credit card, Neteller, SOFORT, Skrill, SEPA
EUR, USD, GBP, BGN, HRK, CZK, HUF, PLN, SEK, TRY

347
cryptocurrencies

Sign up with code FINDER15 and get EUR 15 in BTC the first time you spend over EUR 100. T&Cs apply.
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View details
CEX.IO Cryptocurrency Exchange
4.5★★★★★(16)
CEX.IO Cryptocurrency Exchange
Bank transfer (ACH), Credit card, Bank transfer (SEPA), Faster Payments Service, Skrill
USD, EUR, GBP, RUB

144
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
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Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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How we keep this Golem guide up-to-date

  • GLM price data is regularly updated through data feeds so you always have the latest information.
  • Golem performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy Golem?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the UK to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Golem?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Golem.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing GLM with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What is the easiest way to buy Golem?

The easiest way to buy GLM is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying GLM, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Golem has been performing recently.

Best Golem wallets to store your GLM

You can keep your GLM 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 GLM 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 Golem a good investment?

If you are thinking of purchasing GLM, make sure to consider the following factors first:

  • Use-case. There’s a fixed supply of 1 billion GLM in existence, providers and users can reach their own prices and trade fractions of a coin as needed, so the value of a token itself isn’t necessarily reflective of the service’s popularity. The entire supply of GLM tokens are already in circulation.
  • Competition. Not only does Golem have to contend with blockchain-based competitors in the industry, but centralised businesses too. Major companies such as Amazon, Microsoft and Google are all either involved, or in the process of, distributing cloud-based services that utilise excess computing power.
  • Migration. In 2020 Golem migrated to Ethereum’s layer-2 protocol for enhanced scalability and more secure transactions. Users were able to migrate their GNT (the original tokens) to the new ERC-20 GLM coins at a ratio of 1:1. Be wary of buying Golem tokens on the old standard – migrating these to the updated GLM tokens will set you back substantially due to the gas fees required.

Today's Golem price versus ATH

Compare today's price of Golem ($0.205493 USD) against its all-time-high price of $1.32 USD on 13 April 2018. The closer the bar is to 100%, the closer GLM is to reaching its ATH again.

Golem's price: $0.205493
ATH date: April 13, 2018
15.57%

Golem ATH: $1.32


How to trade, convert or sell Golem

You can convert or sell your GLM with the same exchange you bought it through:
  1. Sign in to the exchange you have GLM on.
  2. If you store your Golem 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 GLM you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Golem.
  6. Complete your transaction and move your GLM to a wallet for storage.
  1. Golem
  2. Data by CoinGecko

* 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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