How to buy MiL.k Alliance (MLK) in the UK

Learn how to buy MiL.k Alliance (MLK) in our step-by-step guide.

Where to buy MiL.k Alliance 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 MiL.k Alliance wallets to store your MLK

You can keep your MLK 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 MLK 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 MiL.k Alliance a good investment?

This token is not particularly well known in the industry: As of July 2021, according to CoinMarketCap, it is the 340th most popular cryptocurrency with a market cap of only $76 million, making it one of the smaller tokens available on the market. The fewer people that own a token, the harder it is to get new buyers into the project, and the more difficult it is to attract developers to support the token for the long term.
  • Dilution. The total circulating supply of this token is set at 1.3 billion MiL.k, but as of July 2021, only 78.1 million tokens have been released. As more tokens are released over time, early holders will be diluted and the tokens they hold could be worth less in the future.
  • Userbase. MiL.k claims to have grown a userbase of 400,000 people to date, although these numbers could not be independently verified. If the company behind MLK can't attract enough companies to join its protocol, the number of rewards able to be aggregated will fall, resulting in a worse product for users. This will likely have an impact on the MLK token price.
  • Security and regulations. This token appears to be most widely traded on South Korean cryptocurrency exchanges like KuCoin, with the largest proportion of its daily trading volume coming from Upbit. Upbit’s security has been compromised in the past – the exchange was hacked in 2019, and according to CoinDesk, it lost $49 million in ETH tokens. According to The Diplomat, the South Korean market regulator has tightened the rules for cryptocurrency projects and exchanges in 2021, making it more difficult for anonymous traders to interact with cryptocurrencies, and requiring all exchanges to register with the Korea Financial Intelligence Unit. If the market regulator, the Financial Services Commission, continues to enforce stricter laws on cryptocurrencies, it could have a negative effect on the MLK token price.

Today's MiL.k Alliance price versus ATH

Compare today's price of MiL.k Alliance ($0.330633 USD) against its all-time-high price of $3.59 USD on 05 April 2021. The closer the bar is to 100%, the closer MLK is to reaching its ATH again.

MiL.k Alliance's price: $0.330633
ATH date: April 05, 2021
9.21%

MiL.k Alliance ATH: $3.59


How to trade, convert or sell MiL.k Alliance

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