How to buy MimbleWimbleCoin (MWC) in the UK

Where to buy MimbleWimbleCoin 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 MimbleWimbleCoin wallets to store your MWC

You can keep your MWC 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 MWC below.

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

Is MimbleWimbleCoin a good investment?

Some key aspects related to MimbleWimble that investors should consider include:

• Sophisticated design: According to Binance Academy, the platform makes use of the controversial ‘CoinJoin module’ that makes transactions anonymous by clubbing a number of payments into one data set before relaying them back into the network. The system was devised by Blockstream’s Gregory Maxwell and is considered to be one of the most secure means of transferring confidential data in the world today.
• Compact ledger size: Unlike a number of larger platforms like Bitcoin and Ethereum, MimbleWimble makes use of a technology referred to as “cut-through” which allows the platform to condense all of its in/out transactions into smaller blocks, thus allowing faster throughput rates.
• Ease of use: MimbleWimble offers an extremely high level of transactional ease by allowing its users to exchange/utilize pretty much any crypto in existence today.
• Scalability: Owing to the fact that MimbleWimble’s native block size is much smaller than that of Bitcoin, as well as many other major crypto ecosystems, the platform is able to scale up/down as and when required.

Today's MimbleWimbleCoin price versus ATH

Compare today's price of MimbleWimbleCoin ($0.489234 USD) against its all-time-high price of $714.1 USD on 14 April 2022. The closer the bar is to 100%, the closer MWC is to reaching its ATH again.

How to trade, convert or sell MimbleWimbleCoin

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

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