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How to buy Polycat Finance (FISH) in the UK

Learn how to buy Polycat Finance (FISH) in our step-by-step guide.

Where to buy Polycat Finance in the UK

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

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

Decentralised exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralised exchanges first if you're unfamiliar.

How to purchase FISH using a decentralised exchange.
  1. Find FISH on a decentralised exchange and make sure Polycat Finance can be traded for MATIC which is the native asset of Polygon. Popular DEXs on Polygon include QuickSwap, SushiSwap and Balancer.
  2. Buy MATIC to trade for FISH using an exchange like Gemini. You will need to purchase enough MATIC to swap for FISH as well as some MATIC to pay for transaction fees which typically cost no more than a cent.
  3. Transfer the MATIC into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade MATIC for FISH on the DEX of your choice, following the instructions on screen. Make sure to leave enough MATIC in your wallet to pay for gas.
  5. Wait for the transaction to finalise and the FISH 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 Polycat Finance wallets to store your FISH

You can keep your FISH 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 FISH 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 Polycat Finance a good investment?

When purchasing any cryptocurrency make sure to understand the unique risks associated with the token, as well as the volatile nature of the marketplace. In particular, buyers of FISH may want to consider the following:
  • Anonymous developers. There are no public details of the developer team available, which leaves the platform at an increased risk of being compromised internally, in what is colloquially known as a 'rug-pull'. A rug-pull is a situation where someone from the development team orchestrates a situation that allows them to essentially steal user-funds deposited in the protocol.
  • Competition. Polycat Finance operates on Polygon, which is still a relatively new blockchain. This means that Polycat has a good chance to capture market share. However, in the wider context of DeFi protocols, it competes with many other similar platforms such as Yearn Finance, Pancakeswap and Harvest Finance which have more established communities.
  • Polygon. Polycat operates on Polygon, which is a sidechain (or layer-2) on Ethereum. This means you first need to transfer your funds from Ethereum to Polygon before you can use them on Polycat.

Additional information about Polycat Finance can be found using our FISH analysis tools.

Today's Polycat Finance price versus ATH

Compare today's price of Polycat Finance ($0.211644 USD) against its all-time-high price of $64.91 USD on 01 June 2021. The closer the bar is to 100%, the closer FISH is to reaching its ATH again.

Polycat Finance's price: $0.211644
ATH date: June 01, 2021
0.33%

Polycat Finance ATH: $64.91


How to trade, convert or sell Polycat Finance

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