How to buy Nerve Finance (NRV) in the UK

Where to buy Nerve Finance in the UK

It looks like NRV may not be available to purchase on an exchange in the UK.

You can still purchase NRV by using a decentralised exchange (DEX) instead. decentralised exchanges are web applications that run on blockchains like Binance Smart Chain (BSC) and allow users to trade any asset directly with one another.

How to purchase NRV using a decentralised exchange.

1. Find NRV on a decentralised exchange and make sure Nerve Finance can be traded for BNB which is the native asset of Binance. The most popular DEX on Binance Smart Chain is PancakeSwap.
2. Buy BNB to trade for NRV using an exchange like GlobalBlock. You will need to purchase enough BNB to swap for NRV as well as BNB to pay for transaction fees (known as gas) on the BSC network, which usually costs less than a dollar.
3. Transfer the BNB into a a web 3.0 wallet like MetaMask to connect to the DEX.
4. Trade BNB for NRV on PancakeSwap, following the instructions on screen. Make sure to leave enough BNB in your wallet to pay for gas.
5. Wait for the transaction to finalise and the NRV tokens will arrive in your wallet.
6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the UK.

Best Nerve Finance wallets to store your NRV

You can keep your NRV 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 NRV below.

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

Is Nerve Finance a good investment?

NRV is a utility token related to the Nerve Finance application. Both the token and its connection to the application should be assessed before purchasing. Here are a few factors to consider:

• Staking benefits: Users can stake NRV tokens within Nerve Finance to receive additional NRV. The amount of rewards received depends upon a number of different aspects such as trading fees, deposit fees and emissions.
• Capped supply: The total supply of NRV has been capped at 100 million. No more can ever come into existence. Over time if the project gains traction and demand for the token increases, the price may continue to increase accordingly.
• Deflationary mechanics: It is worth highlighting that the platform regularly burns a certain amount of NRV to apply deflationary pressure on the digital asset’s native supply.

Today's Nerve Finance price versus ATH

Compare today's price of Nerve Finance ($0.00466732 USD) against its all-time-high price of $6.65 USD on 03 May 2021. The closer the bar is to 100%, the closer NRV is to reaching its ATH again.

How to trade, convert or sell Nerve Finance

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

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