How to buy Mirror Protocol (MIR) in the UK

Learn how to buy Mirror Protocol (MIR) on 5+ crypto exchanges in our step-by-step guide.

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

Mirror Protocol (MIR) is the 1189th largest cryptocurrency by market cap, valued at US$5,203,199.

Mirror Protocol is a highly volatile asset capable of major price swings in a single day. Today MIR is trading for $0.03334359 USD, which is lower than yesterday's trading price of $0.0337564619 USD. Over the past year, Mirror Protocol's price has seen a decrease of -88%.

So before you buy Mirror Protocol, 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 Mirror Protocol.

How to buy Mirror Protocol in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Mirror Protocol is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit GBP using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Mirror Protocol
    You can now exchange your funds for Mirror Protocol. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Mirror Protocol to your personal wallet.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Where to buy Mirror Protocol in the UK

Find an exchange to buy, sell and trade MIR 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*.
1 - 5 of 6
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Finder Award
Kraken Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay, SWIFT
USD, EUR, GBP, JPY, CAD, CHF, AUD, AED

222
cryptocurrencies

Finder Award
CoinJar Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, SEPA, Faster Payments (FPS), Apple Pay, Google Pay
GBP, EUR, AUD

56
cryptocurrencies

OFFER
Coinbase Digital Currency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal
USD, EUR, GBP, CAD, MXN, HRK, CZK, DKK, CLP, BGN

255
cryptocurrencies

Get £5 free with your first trade. T&Cs apply.
EXCLUSIVE
Kriptomat Cryptocurrency Exchange
Credit card, Neteller, SOFORT, Skrill, SEPA
EUR, USD, GBP, BGN, HRK, CZK, HUF, PLN, SEK, TRY

347
cryptocurrencies

Sign up with code FINDER15 and get EUR 15 in BTC the first time you spend over EUR 100. T&Cs apply.
Revolut Cryptocurrency App
Bank transfer, Debit card, Apple Pay, Google Pay
GBP, USD, EUR, CAD, NZD, JPY, HKD, NOK, DKK & 9 more

98
cryptocurrencies

Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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How we keep this Mirror Protocol guide up-to-date

  • MIR price data is regularly updated through data feeds so you always have the latest information.
  • Mirror Protocol performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy Mirror Protocol?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the UK to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Mirror Protocol?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Mirror Protocol.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing MIR with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What is the easiest way to buy Mirror Protocol?

The easiest way to buy MIR is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying MIR, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Mirror Protocol has been performing recently.

Best Mirror Protocol wallets to store your MIR

You can keep your MIR 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 MIR 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 Mirror Protocol a good investment?

Before purchasing any cryptocurrency, an accurate evaluation of both the token and the associated platform should be completed. With regards to Mirror Protocol, here are a few things to look into.
  • Staking. To earn the most interest from MIR, tokens need to be used for trading mAssets and staking within the Mirror Protocol system. This process can be complex for beginners in the cryptocurrency world and has its own risks that need to be considered.
  • Accessibility. One of Mirror Protocol’s most appealing attributes is its interoperability. Users can trade mAssets and buy/swap MIR tokens on a number of different blockchains and DeFi platforms, including Binance Smart Chain (PancakeSwap), Ethereum (Uniswap), Terra (Terraswap) and Mirror Protocol’s own dapp. Continued progression of interoperability is a good sign for investors in MIR. To acquire the token, an investor currently needs to swap another cryptocurrency such as Bitcoin or USDT.
  • Governance. Some DeFi platforms can take a while to implement a fully decentralised system; however, Mirror Protocol has been decentralised from day one. Voting on proposals and general governance is controlled by all token holders. The platform’s direction is shaped by the community.
  • Competition. Creating synthetic assets that give users exposure to real-world items is an idea growing in popularity. The Synthetix platform is a direct competitor, and there are plenty of future projects lined up, such as Linear Finance and Deus Finance.
  • SEC investigation. At the end of 2021, the US regulatory body SEC announced they were investigating Mirror Protocol due to issues with registering the platform's native token, MIR, with the government agency.

Today's Mirror Protocol price versus ATH

Compare today's price of Mirror Protocol ($0.03334359 USD) against its all-time-high price of $12.9 USD on 10 April 2021. The closer the bar is to 100%, the closer MIR is to reaching its ATH again.

Mirror Protocol's price: $0.03334359
ATH date: April 10, 2021
0.26%

Mirror Protocol ATH: $12.9


How to trade, convert or sell Mirror Protocol

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