Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
Hydra (HYDRA) is a cryptoasset that currently ranks as the 639th largest by market cap (that's the total value of Hydra in circulation – $22.9 million).
Like all cryptoassets, it's highly volatile, and capable of major price swings in a single day. As of 7 June, HYDRA is trading for $1.31 (£1.04), an increase of 1.05% against $1.32 a day earlier. Over the past year, Hydra's price has seen a quite drastic decrease of 67.13%.
Where to buy Hydra in the UK
Is it a good time to buy Hydra?
Only you can make the decision about when is the best time to buy Hydra. However, here are some things to consider as part of your research.
Take a look at the fundamentals of Hydra. What type of coin is it? Utility, payment or governance token etc? How large is its market cap? How many coins are in circulation? All this will help you to understand how Hydra works and how much risk is involved.
Also consider how has performed so far. Our charts below show you Hydra's performance over time as well as its all time high.
Hydra to USD and GBP calculator
Our calculator works out how much Hydra would be worth in USD and GBP, depending on how much you hold or are looking to purchase.
HYDRA price last updated 7 June 2023, 07:06 UTC.
Frequently asked questions
*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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