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How to buy Strong (STRONG) in the UK

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

Where to buy Strong in the UK

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

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

You can keep your STRONG 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 STRONG 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 Strong a good investment?

STRONG is an integral part of the StrongBlock ecosystem. However, like all altcoin investments both the token and the associated protocol should be thoroughly researched. Here are a few points to consider before placing funds into STRONG:

  • Protocol service: Node creation and operation is an activity that only the most experienced cryptocurrency users can access. As a service, StrongBlock is answering an innovative need within the cryptocurrency space. There are not many other competing protocols that offer a similar service, which could mean that StrongBlock takes a leading position in this node service sector. If the project dominates this would be positive for the native token STRONG.
  • Governance: It is the ambition of StrongBlock that the STRONG token will eventually fully govern and direct the protocol. All proposals will be passed through a decentralised autonomous organisation (DAO) and voted for by community members.
  • Tokenomics: 10 million STRONG tokens were created upon launch of the protocol. However, 94% were later burned in late 2020. The maximum supply of STRONG is now 528,886. Out of the remaining STRONG tokens, approximately 330,000 were held for community rewards, approximately 97,000 were kept for the creators and shareholders of the StrongBlock protocol, and approximately 101,000 were kept for developers.

      • Additional information about Strong can be found using our STRONG analysis tools.

      Today's Strong price versus ATH

      Compare today's price of Strong ($7.03 USD) against its all-time-high price of $1217.44 USD on 29 October 2021. The closer the bar is to 100%, the closer STRONG is to reaching its ATH again.

      Strong's price: $7.03
      ATH date: October 29, 2021
      0.58%

      Strong ATH: $1217.44


      How to trade, convert or sell Strong

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