How to buy Grin (GRIN) in the UK

Learn how to buy Grin (GRIN) in our step-by-step guide.

Where to buy Grin in the UK

Unfortunately, at this time no major exchanges in the UK offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

Unfortunately, at this time no major exchanges in the UK offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

Best Grin wallets to store your GRIN

You can keep your GRIN 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 GRIN 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 Grin a good investment?

As with any investment, it is vital you understand the risks and potential upside of the asset before making any financial decision. With regards to GRIN, here are a few things you should consider:

  • Proof-of-work concerns: As blockchain technology has evolved, more and more protocols are moving away from proof-of-work consensus mechanisms. There is a large portion of the community that believes PoW is outdated, has a negative impact on the environment and doesn’t properly promote decentralisation. Grin’s Cuckoo Cycle mining system is a proof-of-work process and is susceptible to the same issues other PoW protocols are.
  • Privacy coin issues: The intentional opacity of the Mimblewimble privacy protocol can cut both ways. While it protects user privacy, it can also conceal bugs and other issues. Privacy coins might also be subject to sudden and unpredictable regulatory action due to their potential for being used criminally.
  • Centralised distribution: The Cuckoo Cycle mining system was designed to make the mining scene a lot more egalitarian, but it’s also been dominated by heavy-handed venture capital investments from the start. Grin’s wealth distribution may end up being highly concentrated and controlled by whales.

Today's Grin price versus ATH

Compare today's price of Grin ($0.03814672 USD) against its all-time-high price of $261.65 USD on 16 January 2019. The closer the bar is to 100%, the closer GRIN is to reaching its ATH again.

Grin's price: $0.03814672
ATH date: January 16, 2019
0.01%

Grin ATH: $261.65


How to trade, convert or sell Grin

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