How to buy Marlin (POND) in the UK

Marlin (POND) is the 359th largest cryptocurrency by market cap, valued at US$63,646,739.

Marlin is a highly volatile asset capable of major price swings in a single day. Today POND is trading for $0.0078658 USD, which is lower than yesterday's trading price of $0.0079364855 USD. Over the past year, Marlin's price has seen a decrease of -30%.

So before you buy Marlin, make sure you understand these unique risks as well as its legal and tax status here in the UK.

If you're ready to get started, read on for step-by-step instructions on how you can buy Marlin.

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

Where to buy Marlin in the UK

Find an exchange to buy, sell and trade POND by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

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

Best Marlin wallets to store your POND

You can keep your POND 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 POND below.

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

Is Marlin a good investment?

As you can probably tell, the Marlin Network and POND are – in their use case at least – very much addressed to the technical side of the crypto world. It comes with some pedigree: The CEO was one of the key members of the team that built Zilliqa, which claims to be the very first blockchain to implement sharding on its network. Marlin’s core tools include solutions for low-latency one-to-many communications, a decentralized caching capability to accelerate high-demand requests from API feeds and data reservoirs, and a relay network for rapid exchange of large amounts of data. Here are a few things to think about:

• If you know your IPFS from your libp2p, there is a lot of documentation on Marlin to sink your teeth into. Whether or not it can seriously shift blockchain’s perennial trilemma between speed, security and true decentralization remains to be seen, but even a cursory Google throws up a welter of material on Marlin’s plans to do it. However, could this important but unglamourous, and the lack of volatility needed to facilitate it, dent POND’s prospects as a trading coin?
• Marlin is blockchain-agnostic – as you’d expect from a platform that’s meant to act, in part, as a bridge between distributed nodes in a peer-to-peer network.
• You can’t buy POND with fiat, but it’s available at major exchanges including Binance, Huobi and Bibox.
• POND is the utility token that can be traded outside the protocol and MPOND is the network token used within the platform. According to Stakely.io, at the time of writing (20 July 2021), POND offered annualized staking returns of 31.30%, with MPOND offering 10.27%

Today's Marlin price versus ATH

Compare today's price of Marlin ($0.0078658 USD) against its all-time-high price of $0.323362 USD on 21 December 2020. The closer the bar is to 100%, the closer POND is to reaching its ATH again.

How to trade, convert or sell Marlin

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

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