How to buy Nuls (NULS) in the UK

Where to buy Nuls 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 Nuls wallets to store your NULS

You can keep your NULS 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 NULS below.

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

Is Nuls a good investment?

Investing in cryptocurrencies can often be a risky yet lucrative investment proposition, hence it’s important to conduct thorough research before investing in a digital asset. Here are the aspects you should keep in mind before investing in NULS:

• Governance: There is no minimum number of NULS tokens you would need to hold to have a vote in the governance of the network. Every token counts for a vote, thus, the higher number of tokens you own, the more of a say you have in the network’s proceedings. As a holder, you would also be able to create a proposal for the community to vote on.
• Utility: In addition to serving governance functions and being a store of value, the native token serves various different functions. Similar to other networks, it can also be used to stake on the blockchain. What’s unique is that these tokens can also be used to create tokens and set up nodes on the network.
• Supply: An initial quantity of 100 million tokens was issued and the current total supply is at 115 million tokens. An additional 5 million tokens are created every year to reward miners and contribute to the security of the network, making it an inflationary token.
• Issuance: The initial issuance of the token was split into 4 parts: 40% of the tokens were airdropped to owners of the ERC20 placeholder token of Inchain project (an angel investor of NULS), 20% of the tokens are reserved for continued development, 20% of the tokens are allocated for community building and the remaining 20% is allocated for business partnerships and third-party projects. Barring the airdrop, there is a supply influx cap on each of the other categories limiting the flooding of these tokens in the ecosystem.
• Consensus mechanism: The blockchain uses a Proof of Credit (PoC) consensus mechanism which is a combination of the designated Proof of Stake (dPoS) and a credit rating system, making it the first of its kind designed by the team running the project. This mechanism allows you to mine via staking.

Today's Nuls price versus ATH

Compare today's price of Nuls ($0.236078 USD) against its all-time-high price of $8.53 USD on 10 January 2018. The closer the bar is to 100%, the closer NULS is to reaching its ATH again.

How to trade, convert or sell Nuls

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

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