How to buy KlaySwap Protocol (KSP) in the UK

Learn how to buy KlaySwap Protocol (KSP) in our step-by-step guide.

Where to buy KlaySwap Protocol 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 KlaySwap Protocol wallets to store your KSP

You can keep your KSP 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 KSP 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 KlaySwap Protocol a good investment?

Cryptocurrency can be a very risky investment, so it’s good practice to evaluate the platform and purpose of the token.
  • Competition. As the ecosystem of decentralised, blockchain-based finance continues to grow, more and more instant swap services like KLAYswap protocol are being developed. KSP’s point of difference is the platform’s interoperability and providing owners of Klaytn-based tokens to earn interest on their assets. That said, exchanges like SushiSwap, UniSwap and PancakeSwap all have a much larger market share and may impact the growth of KSP.
  • Token supply. The tokenomics of KSP determines that there is a maximum supply of 126,141,000 coins that can be minted. There are currently 7,784,900 KSP in circulation, which is only 6% of the total cap.
  • Availability. While Klaytn tokens are easily accessible on major exchanges, KSP coins are not. Centralised exchanges Binance, Coinbase and Kraken do not trade the coin, though it is available on BiKi. The most common method of investing in KSP is buying it on the KLAYswap protocol decentralised exchange, which may not be suited to beginners.

Today's KlaySwap Protocol price versus ATH

Compare today's price of KlaySwap Protocol ($0.574218 USD) against its all-time-high price of $92.55 USD on 02 April 2021. The closer the bar is to 100%, the closer KSP is to reaching its ATH again.

KlaySwap Protocol's price: $0.574218
ATH date: April 02, 2021
0.62%

KlaySwap Protocol ATH: $92.55


How to trade, convert or sell KlaySwap Protocol

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