How to buy Mixin (XIN) in the UK

Where to buy Mixin 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 Mixin wallets to store your XIN

You can keep your XIN 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 XIN below.

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

Is Mixin a good investment?

Before rushing out to invest in any cryptocurrency it’s first worth researching the token, it’s associated platform and observe what factors might influence its price.

• Competition. According to Mixin’s documentation, its goal is to address the blockchain trilemma (particularly speed and interoperability) and improve the ecosystem of decentralised finance as a whole. Most newly minted tokens and cryptocurrency networks are attempting to thwart issues with scalability, and XIN’s point of difference remains a little difficult to pinpoint. The app, Mixin Messenger, is in direct competition with social media giant Facebook, who is developing the ability for its users to send cryptocurrency to and from one another.
• Tokenomics. The total supply of XIN is capped at 1 million; of that, 560,770 is in circulation according to the Mixin team. 500,000 XIN is reserved for the running of the network’s nodes, while the rest is distributed among Mixin Messenger adopters, the development team and public trading pairs. To stake XIN on the Mixin platform, users must delegate at least 10,000 XIN.
• Price history. Upon release, XIN tokens were priced at over US$2,000. Soon after, the value plummeted, with the price never again exceeding US$1,500 and even dropping as low as US$90. Such volatility and uncertainty in price suggests purchasing XIN may not be ideal for those who are after a safe, steady investment.

Today's Mixin price versus ATH

Compare today's price of Mixin ($234.1 USD) against its all-time-high price of $2095.67 USD on 20 January 2018. The closer the bar is to 100%, the closer XIN is to reaching its ATH again.

How to trade, convert or sell Mixin

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

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