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How to buy Kava Swap (SWP) in the UK

Learn how to buy Kava Swap (SWP) in our step-by-step guide.

Where to buy Kava Swap 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 Kava Swap wallets to store your SWP

You can keep your SWP 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 SWP 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 Kava Swap a good investment?

Before any cryptocurrency purchase, it is always best practice to perform due diligence on both the token and the associated platform. Here we have outlined a few factors which investors should keep in mind before buying SWP:

  • Tokenomics. Upon the release of SWP tokens, there was a maximum supply of 250M tokens. A portion of this supply was aidropped to early adopters of the Kava DeFi ecosystem, with participants providing USDX to Kava’s HARD protocol receiving a ratable share of SWP.
  • Broader Kava ecosystem. Kava Swap is just one DeFi application that is part of the broader Kava ecosystem. If you are considering investing in SWP, it is worthwhile ensuring you’re across the various services and projects Kava has to offer. There are three other key applications that should be noted. The first is the primary Kava platform, which acts as a hub for a number of DeFi solutions. Then, there is the Kava Mint application, which allows investors to borrow USDX. Finally, there’s the Kava Lend protocol, which lets users both borrow and lend a range of assets on the Kava network. The fortunes of Kava Swap and its native SWP token will likely be partially informed by the Kava ecosystem’s performance and adoption as a whole.
  • Limited functionality. Investors should be aware that, while SWP tokens are used for governing the Kava Swap platform, they do not give voting rights for the other applications within the Kava ecosystem. Those wishing to participate in the other Kava applications will need to purchase KAVA (Kava Mint) or HARD (Kava Lend) tokens.

Additional information about Kava Swap can be found using our SWP analysis tools.

Today's Kava Swap price versus ATH

Compare today's price of Kava Swap ($0.01455393 USD) against its all-time-high price of $3.46 USD on 17 November 2021. The closer the bar is to 100%, the closer SWP is to reaching its ATH again.

Kava Swap's price: $0.01455393
ATH date: November 17, 2021
0.42%

Kava Swap ATH: $3.46


How to trade, convert or sell Kava Swap

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