How to buy Share (SHR) in the UK

Where to buy Share in the UK

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

You can still purchase SHR 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 SHR using a decentralised exchange.

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

You can keep your SHR 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 SHR below.

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

Is Share a good investment?

Whether utilising the ShareRing platform or purchasing SHR tokens as an investment, here are some key factors to consider:

• Supply. There are 3 billion tokens available for purchase – $38 million were sold to the public when the tokens were initially issued.
• Utility. SHR is used by providers to pay for their access to the ShareLedger blockchain. Use cases include adding assets, renting out assets, adding attributes and adding smart contracts.
• Transaction fees. Most transactions on the ShareRing platform will incur a small fee in SHR. The fee is designed to reduce over time as the demand for the SHR token increases.
• SHR v SHRP. SHR is the platform’s digital utility token. However, it will not be the only token associated with the ShareLedger blockchain. The second token, SHRP, will be a stablecoin used for the payment of third party assets, such as renting another user’s car or apartment.

Additional information about Share can be found using our SHR analysis tools.

Today's Share price versus ATH

Compare today's price of Share ($0.00214785 USD) against its all-time-high price of $0.098334 USD on 31 March 2021. The closer the bar is to 100%, the closer SHR is to reaching its ATH again.

How to trade, convert or sell Share

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

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

Get started with crypto

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* 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.