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How to buy OriginTrail (TRAC) in the UK

Learn how to buy OriginTrail (TRAC) in our step-by-step guide.

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

OriginTrail (TRAC) is the 275th largest cryptocurrency by market cap, valued at US$93,088,040.

OriginTrail is a highly volatile asset capable of major price swings in a single day. Today TRAC is trading for $0.242594 USD, which is higher than yesterday's trading price of $0.2397444692 USD. Over the past year, OriginTrail's price has seen a decrease of -22%.

So before you buy OriginTrail, make sure you understand these unique risks as well as its legal and tax status here in the UK.

If you're ready to get started, read on for step-by-step instructions on how you can buy OriginTrail.

How to buy OriginTrail in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy OriginTrail is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit GBP using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy OriginTrail
    You can now exchange your funds for OriginTrail. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your OriginTrail to your personal wallet.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Where to buy OriginTrail in the UK

Find an exchange to buy, sell and trade TRAC by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
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Coinbase Digital Currency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal
USD, EUR, GBP, CAD, MXN, HRK, CZK, DKK, CLP, BGN

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How we keep this OriginTrail guide up-to-date

  • TRAC price data is regularly updated through data feeds so you always have the latest information.
  • OriginTrail performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy OriginTrail?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the UK to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy OriginTrail?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading OriginTrail.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing TRAC with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What is the easiest way to buy OriginTrail?

The easiest way to buy TRAC is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying TRAC, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of OriginTrail has been performing recently.

Best OriginTrail wallets to store your TRAC

You can keep your TRAC 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 TRAC below.

Ledger Nano X Wallet

Trezor Model T Wallet

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Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

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

Is OriginTrail a good investment?

Investors often perceive cryptocurrencies as high reward financial instruments that help them to multiply their wealth quickly. But there are several risks associated with the plethora of cryptocurrencies available in the crypto market. Here's what you need to be aware of before including TRAC in your token basket:
  • Reputation: OriginTrial is in collaboration with several high-profile entities such as the European Union, Oracle, British Standard Institutes (BSI) and GS1 Slovenija. It has also caught the attention of the World Economic Forum (WEF), which included this protocol as one of the top blockchain supply solutions in a report in 2020 and also mentioned it in an article where the protocol’s Essential COVID-19 Supplies Repository was described as an “Effective use of blockchain technology.” These endorsements add credibility to OriginTrial and its use cases.
  • Integration: Since the protocol follows GS1, W3C and Web3 data standards, it ensures that major corporations’ data is also compatible with the platform, thus seamlessly integrating data from legacy systems and blockchain systems on the same network. This could increase institutional adoption of this protocol.
  • Demand: Due to the inherent nature of the value proposition of the platform, it would only appeal to institutions and may never gain mass appeal. This means that the price of the token could be related to factors that have nothing to do with the crypto market at large but rather institutional demand and activity on the protocol.

Today's OriginTrail price versus ATH

Compare today's price of OriginTrail ($0.242594 USD) against its all-time-high price of $3.5 USD on 03 November 2021. The closer the bar is to 100%, the closer TRAC is to reaching its ATH again.

OriginTrail's price: $0.242594
ATH date: November 03, 2021
6.93%

OriginTrail ATH: $3.5


How to trade, convert or sell OriginTrail

You can convert or sell your TRAC with the same exchange you bought it through:
  1. Sign in to the exchange you have TRAC on.
  2. If you store your OriginTrail 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 TRAC you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of OriginTrail.
  6. Complete your transaction and move your TRAC to a wallet for storage.
  1. OriginTrail
  2. OriginTrail Explained
  3. Data by CoinGecko

* 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.

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