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How to buy Somnium Space CUBEs (CUBE) in the UK

Learn how to buy Somnium Space CUBEs (CUBE) in our step-by-step guide.

Somnium Space CUBEs (CUBE) is the 759th largest cryptocurrency by market cap, valued at US$17,797,854.

Somnium Space CUBEs is a highly volatile asset capable of major price swings in a single day. Today CUBE is trading for $1.2 USD, which is lower than yesterday's trading price of $1.24 USD. Over the past year, Somnium Space CUBEs's price has seen a decrease of -34%.

So before you buy Somnium Space CUBEs, 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 Somnium Space CUBEs.

How to buy Somnium Space CUBEs 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 Somnium Space CUBEs 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 Somnium Space CUBEs
    You can now exchange your funds for Somnium Space CUBEs. 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 Somnium Space CUBEs 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 Somnium Space CUBEs in the UK

Find an exchange to buy, sell and trade CUBE 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*.
1 - 1 of 1
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Gemini Cryptocurrency Exchange
OFFER
Gemini Cryptocurrency Exchange
Debit card, Apple Pay, Google Pay, SWIFT
GBP, EUR

106
cryptocurrencies

View details
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How we keep this Somnium Space CUBEs guide up-to-date

  • CUBE price data is regularly updated through data feeds so you always have the latest information.
  • Somnium Space CUBEs 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 Somnium Space CUBEs?

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 Somnium Space CUBEs?

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 Somnium Space CUBEs.

  • 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 CUBE 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 Somnium Space CUBEs?

The easiest way to buy CUBE 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 CUBE, 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 Somnium Space CUBEs has been performing recently.

Best Somnium Space CUBEs wallets to store your CUBE

You can keep your CUBE 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 CUBE below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

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 Somnium Space CUBEs a good investment?

The metaverse is an exciting direction for blockchain tech, but it is still relatively new and its associated tokens are subject wild price volatility and various risks. Due diligence on both the Somnium Space platform and its tokenomics should always be completed. Here are some things to consider before purchasing CUBE:

  • Tokenomics. CUBE is an ERC-20 token that is vital to the operation of the Somnium Space metaverse. There is a max supply of 100M CUBE, 60M of which have been locked into the metaverse for in-game rewards.
  • In-game features. Somnium Space participants can also earn CUBE through good karma. Karma is an in-game mechanic that is justified by three criteria – ratings, engagement and other factors. Ratings are a peer-to-peer system where characters can assign a score to other players. Engagement is based on how much CUBE a player has already spent/earnt, as well as the amount of time they’ve spent gaming. Finally, karma can be earned by participating at a fundamental level by organising events and creating VR experiences.
  • Other economy tokens. Somnium Space has expanded the utility of CUBE by adding two additional tokens – PARCELs and AVATARs. PARCELs are essentially deeds, and must be purchased to buy land on the metaverse. Players can even embed NFTs into their PARCEL and bring it to life in the Somnium world. Conversely, AVATARs are used to create interactable characters that can be planted within Somnium Space. Additionally, these AVATARs can be sold on external marketplaces and even dropped into other metaverses.

Today's Somnium Space CUBEs price versus ATH

Compare today's price of Somnium Space CUBEs ($1.2 USD) against its all-time-high price of $28.12 USD on 03 November 2021. The closer the bar is to 100%, the closer CUBE is to reaching its ATH again.

Somnium Space CUBEs's price: $1.2
ATH date: November 03, 2021
4.27%

Somnium Space CUBEs ATH: $28.12


How to trade, convert or sell Somnium Space CUBEs

You can convert or sell your CUBE with the same exchange you bought it through:
  1. Sign in to the exchange you have CUBE on.
  2. If you store your Somnium Space CUBEs 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 CUBE you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Somnium Space CUBEs.
  6. Complete your transaction and move your CUBE to a wallet for storage.
  1. Somnium
  2. Reddit
  3. 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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