How to buy KlimaDAO (KLIMA) in the UK

Where to buy KlimaDAO in the UK

It looks like KLIMA may not be available to purchase on an exchange in the UK.

You can still purchase KLIMA by using a decentralised exchange (DEX) instead. decentralised exchanges are web applications that run on blockchains like Polygon and allow users to trade any asset directly with one another.

How to purchase KLIMA using a decentralised exchange.

1. Find KLIMA on a decentralised exchange and make sure KlimaDAO can be traded for MATIC which is the native asset of Polygon. Popular DEXs on Polygon include QuickSwap, SushiSwap and Balancer.
2. Buy MATIC to trade for KLIMA using an exchange like Gemini. You will need to purchase enough MATIC to swap for KLIMA as well as some MATIC to pay for transaction fees which typically cost no more than a cent.
3. Transfer the MATIC into a web 3.0 wallet like MetaMask to connect to the DEX.
4. Trade MATIC for KLIMA on the DEX of your choice, following the instructions on screen. Make sure to leave enough MATIC in your wallet to pay for gas.
5. Wait for the transaction to finalise and the KLIMA tokens will arrive in your wallet.
6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the UK.

Best KlimaDAO wallets to store your KLIMA

You can keep your KLIMA 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 KLIMA below.

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

Is KlimaDAO a good investment?

The KLIMA coin is an integral part of the KlimaDAO ecosystem. However, like all altcoin investments both the token and the associated protocol should be thoroughly researched before any funds are allocated. Here are a few points to consider before placing funds into KLIMA:

• sKLIMA: For staking KLIMA in the KlimaDAO protocol, users receive the sKLIMA token in a 1:1 exchange. sKLIMA tokens then accumulate staking rewards and must be deposited when original KLIMA tokens need to be removed from the protocol. The sKLIMA token is relatively illiquid and cannot be used within other decentralised finance (DeFi) applications.
• High staking rewards: To incentivise carbon offsetting and encourage long-term adoption, the KlimaDAO protocol offers significant APY returns for staking the KLIMA token. Although returns vary daily, the APY has been known to exceed 1000%. Rewards are distributed every 8 hours during a rebase.
• Financial activism: KlimaDAO leverages economic mechanisms to fight the ongoing battle with climate change - one of the most prominent risks the entire population faces. According to industry-leading reports, KlimaDAO was responsible for purchasing 2% of the entire voluntary carbon market in 2021. Over 16 million tons of carbon emissions have been absorbed by KlimaDAO - the equivalent of 80 hectares of forest land. The project could be particularly attractive to those that wish to put funds to work while helping the environment.

Today's KlimaDAO price versus ATH

Compare today's price of KlimaDAO ($1.67 USD) against its all-time-high price of $3777.3 USD on 24 October 2021. The closer the bar is to 100%, the closer KLIMA is to reaching its ATH again.

How to trade, convert or sell KlimaDAO

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

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