How to buy SingularityNET (AGIX) in the UK

Learn how to buy SingularityNET (AGIX) 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.

SingularityNET (AGIX) is the 106th largest cryptocurrency by market cap, valued at US$357,272,421.

SingularityNET is a highly volatile asset capable of major price swings in a single day. Today AGIX is trading for $0.292459 USD, which is higher than yesterday's trading price of $0.2777291354 USD. Over the past year, SingularityNET's price has seen an increase of 307%.

So before you buy SingularityNET, 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 SingularityNET.

How to buy SingularityNET 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 SingularityNET 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 SingularityNET
    You can now exchange your funds for SingularityNET. 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 SingularityNET 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 SingularityNET in the UK

Find an exchange to buy, sell and trade AGIX 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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How we keep this SingularityNET guide up-to-date

  • AGIX price data is regularly updated through data feeds so you always have the latest information.
  • SingularityNET 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 SingularityNET?

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 SingularityNET?

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 SingularityNET.

  • 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 AGIX 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 SingularityNET?

The easiest way to buy AGIX 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 AGIX, 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 SingularityNET has been performing recently.

Best SingularityNET wallets to store your AGIX

You can keep your AGIX 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 AGIX 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 SingularityNET a good investment?

When considering if you want to invest in AGIX tokens, it's important to consider the following:

  • Use-case. AGIX tokens are needed to access SingularityNET. Token holders can use AGIX to purchase goods and services in the marketplace and can vote on specific governance issues concerning the network's development.
  • SingularityNET Foundation. As the network continues to evolve, SingularityNET will be regulated by a nonprofit foundation, whose activities are advised and monitored by a supervisory board. It could be worth assessing the members of this foundation and their project history within the AI or decentralised sectors.
  • Competition. As AI and blockchain technologies are independently considered by some as the next frontier of computer science, there are naturally many companies trying to combine the two. It's important to compare SingularityNET to other players in the field and assess how they stack up. Blockchain AI companies include AlphaNetworks, Figure Technologies and Core Scientific.

Today's SingularityNET price versus ATH

Compare today's price of SingularityNET ($0.292459 USD) against its all-time-high price of $0.95023 USD on 28 January 2018. The closer the bar is to 100%, the closer AGIX is to reaching its ATH again.

SingularityNET's price: $0.292459
ATH date: January 28, 2018
30.78%

SingularityNET ATH: $0.95023


How to trade, convert or sell SingularityNET

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