How to buy Pundi X [OLD] (NPXS) in the UK

Learn how to buy Pundi X [OLD] (NPXS) in our step-by-step guide.

Where to buy Pundi X [OLD] in the UK

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

You can still purchase NPXS 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.

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 NPXS using a decentralised exchange.
  1. Find NPXS on a decentralised exchange and make sure Pundi X [OLD] 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 NPXS using an exchange like CoinJar. You will need to purchase enough ETH to swap for NPXS 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 NPXS 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 NPXS 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 Pundi X [OLD] wallets to store your NPXS

You can keep your NPXS 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 NPXS 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 Pundi X [OLD] 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 KAVA may want to consider the following:

  • Development: Pundi X initially started out in Indonesia, however the project plans to further expand in Southeast Asia, and eventually, globally. How far adoption of the PUNDIX coin goes will likely be dictated by uptake in expansion nations such as Thailand, Singapore and Japan. It is worth keeping an eye on partnerships in these regions to determine how successful the rollout of the cryptocurrency is, given that the project’s goal is to improve blockchain accessibility in mainstream society.
  • Competition: Cryptocurrencies intending to solve the adoption issue that digital currency giants like Bitcoin are facing is not exactly rare. A huge proportion of new and legacy cryptos aim to bring this technology to the masses for use online and in brick and mortar stores. Semi-cryptocurrency payment services like BitPay – intended to improve the use of Bitcoin as a currency, are also competing for a share of the market. This is all not to mention fiat currency and BNPL, which are by far the most common mediums of exchange globally.
  • Accepted cryptocurrencies: PUNDIX tokens aren’t actually the only currency that can be used to access the Pundi X payments ecosystem – instead, they are primarily used to pay for transaction (gas) fees. It is worth assessing the cryptocurrencies that can be used for transactions on the Pundi X platform to see if they will translate to mainstream use. Major assets like ETH, BTC and BNB are currently supported.

Today's Pundi X [OLD] price versus ATH

Compare today's price of Pundi X [OLD] ($0.00005488 USD) against its all-time-high price of $0.01446299 USD on 14 May 2018. The closer the bar is to 100%, the closer NPXS is to reaching its ATH again.

Pundi X [OLD]'s price: $0.00005488
ATH date: May 14, 2018
0.38%

Pundi X [OLD] ATH: $0.01446299


How to trade, convert or sell Pundi X [OLD]

You can convert or sell your NPXS with the same exchange you bought it through:
  1. Sign in to the exchange you have NPXS on.
  2. If you store your Pundi X [OLD] 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 NPXS you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Pundi X [OLD].
  6. Complete your transaction and move your NPXS 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.

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