How to buy Ion (ION) in the UK

Where to buy Ion 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.

Best Ion wallets to store your ION

You can keep your ION 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 ION below.

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

Is Ion a good investment?

Altcoin investments can be extremely risky. That is why it is crucial to evaluate both the token and the associated protocol. Here are a few factors to consider before investing in ION:

• Broad market: According to the project’s website, Ionomy seeks to compete within the finance, gaming, and international transfer industries. Aiming to thrive in two of cryptocurrency’s hottest sub-sectors - decentralised finance (DeFi) and GameFi - may prove difficult for Ionomy, which would need to capture market share from both.
• Competition: The protocol’s broad market positioning implies that it needs to compete with various projects from multiple niches, including smart contract platforms like Ethereum and Binance Smart Chain, as well as remittance cryptocurrencies like Bitcoin and XRP.
• Blockchain security: The protocol runs on the novel static PoS consensus model, which it claims to be superior to Bitcoin’s purely Proof-of-Work (PoW) and the pure Proof-of-Stake (PoS) mechanism. However, the network has a very low market cap compared to other blockchains, which could make it an easier target for 51% attacks.
• No updates: The project’s social media pages have received no new posts since November 28, 2021, while its website has published no plans beyond Q2 2021. Be sure to check the relevant links for any updates on the project before investing.
• Small ecosystem: Considering the network has been live since 2016, the adoption of the Ionomy network has been slow in comparison to competitors. There is currently only a handful of games and dApps built within the ecosystem, and several of those are still in development stages.

Today's Ion price versus ATH

Compare today's price of Ion ($701.37 USD) against its all-time-high price of $22355 USD on 16 January 2022. The closer the bar is to 100%, the closer ION is to reaching its ATH again.

How to trade, convert or sell Ion

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

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