How to buy NFTX (NFTX) in the UK

Where to buy NFTX in the UK

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

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

How to purchase NFTX using a decentralised exchange.

1. Find NFTX on a decentralised exchange and make sure NFTX can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
2. Buy ETH to trade for NFTX using an exchange like CoinJar. You will need to purchase enough ETH to swap for NFTX as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
4. Trade ETH for NFTX on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
5. Wait for the transaction to finalise and the NFTX 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 NFTX wallets to store your NFTX

You can keep your NFTX 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 NFTX below.

Recent NFTX developments

January 2022: NFTX introduced a new mechanism known as inventory staking, which opens up a whole host of new earning potential for platform users
September 2021: NFTX launched a high-liquidity, decentralised NFT marketplace hosted on its own protocol.

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

Is NFTX a good investment?

Cryptocurrencies are very risky and complicated assets. Make sure you understand all the risks associated with buying and selling digital currencies before you buy. Some of the factors to consider before buying NFTX include the following:

• Token supply. The supply of NFTX tokens is 650,000.
• Who’s behind NFTX. The platform was launched by developer Alex Gausman in 2021. However, NFTX is governed by a decentralised autonomous organisation (DAO) – in other words, by its community.
• User-friendliness. If you’re new to the world of cryptocurrency, the NFTX platform can seem quite confusing. There’s a learning curve in front of you if you want to understand exactly how the protocol works and what it offers to users.

Today's NFTX price versus ATH

Compare today's price of NFTX ($14.21 USD) against its all-time-high price of $499.09 USD on 16 February 2021. The closer the bar is to 100%, the closer NFTX is to reaching its ATH again.

How to trade, convert or sell NFTX

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

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