How to buy Orbs (ORBS) in the UK

Where to buy Orbs in the UK

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

You can still purchase ORBS 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 ORBS using a decentralised exchange.

1. Find ORBS on a decentralised exchange and make sure Orbs 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 ORBS using an exchange like CoinJar. You will need to purchase enough ETH to swap for ORBS 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 ORBS 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 ORBS 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 Orbs wallets to store your ORBS

You can keep your ORBS 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 ORBS below.

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

Is Orbs a good investment?

If you’re thinking of buying any ORBS, some of the factors you may want to consider first include:

• Scalability focused: Orbs is designed to provide users with a scalability-centric dapp-development ecosystem that offers low transaction fees as well as other beneficial features such as virtual-chain isolation.
• Utilizes virtual chains: The platform uses the concept of virtual chains, which are basically digital blockchains that can run atop a shared physical node infrastructure, allowing users to reap many of the benefits afforded by dedicated blockchains (such as a high level of decentralization and security) without having to set them up.
• Randomized proof-of-stake: Orbs utilizes a unique variant of the traditional PoS consensus model called "randomized proof-of-stake." The RPoS framework offers users various advantages such as a high TPS (transaction per second) rate as well as improved network security.
• The RPoS consensus mechanism is BFT (Byzantine fault-tolerant) compatible, affording users a number of advantages related to increased network throughput, tx fairness and reduced transaction latency.
• Cross-chain interoperability: Applications that are running on the Orbs platform have the ability to seamlessly communicate with other dapps that have been built atop the Ethereum network. As a result, many of the pain points that currently exist when it comes to facilitating private-public blockchain interactions can be ironed out quite easily.

Today's Orbs price versus ATH

Compare today's price of Orbs ($0.02523638 USD) against its all-time-high price of $0.360443 USD on 16 March 2021. The closer the bar is to 100%, the closer ORBS is to reaching its ATH again.

How to trade, convert or sell Orbs

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

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