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How to buy RFOX (RFOX) in the UK

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

Where to buy RFOX in the UK

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

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

You can keep your RFOX 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 RFOX 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 RFOX a good investment?

All potential cryptocurrency investment opportunities should be analysed for both risk and upside. With regards to RFOX tokens, here are a few things worth thinking about:
  • Ventures. As a company striving to create scalable, blockchain-based solutions for businesses, it will be of significant importance to track its plans in this space. The success of RFOX as an investment will largely be influenced by the success of applications like RFOX games and RFOX Finance. Its goals are updated on its website’s roadmap and many of its ventures will be coming to life in the latter part of 2021.
  • VFOX tokens. RedFOX Labs is coming out with a new token named "VFOX" that will run on the Binance blockchain as a BEP-20 coin. These will essentially work alongside RFOX tokens as the native coin of the RedFOX Labs network, each with a different application. The distribution, use-case and eventual functionality of VFOX tokens may impact the price of RFOX coins.
  • Competition. Though RedFOX Labs identified a market gap within South-East Asia’s adoption of blockchain technology, there are still a number of cryptocurrency-based companies in this region. Electrify, Pundi-X, LuxTag and Coin98 are just some of the ventures competing with RedFOX Labs for a share of the cryptocurrency market.

Additional information about RFOX can be found using our RFOX analysis tools.

Today's RFOX price versus ATH

Compare today's price of RFOX ($0.00911056 USD) against its all-time-high price of $0.377778 USD on 09 April 2021. The closer the bar is to 100%, the closer RFOX is to reaching its ATH again.

RFOX's price: $0.00911056
ATH date: April 09, 2021
2.41%

RFOX ATH: $0.377778


How to trade, convert or sell RFOX

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