How to buy Trustswap (SWAP) in the UK

Where to buy Trustswap in the UK

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

You can still purchase SWAP 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 SWAP using a decentralised exchange.

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

You can keep your SWAP 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 SWAP below.

Recent Trustswap developments

June 2021: TrustSwap released Mint, a code that allows complete crypto novices to generate tokens on the Ethereum and Binance Smart Chain networks.

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

Is Trustswap a good investment?

Investing in cryptocurrencies can be risky, so it’s important you understand the risks involved. Here are some factors to consider before buying SWAP tokens:

• Staking. When you lock your SWAP tokens, you will be rewarded with 80% of the transaction fee for every transaction paid in SWAP. The remaining 10% will go to the TrustSwap Foundation, while the other 10% will be burned to gradually decrease the supply of SWAP tokens. In addition, staking SWAP will grow your “SwapScore” which will allow you to do things like unlock free airdrops, gain guaranteed access to the launchpad and access FlashStake launchpad lotteries.
• Supply. The SWAP token is designed to be deflationary. For each transaction fee paid in SWAP on the TrustSwap platform, 10% of the fees will be burned. This decreases the total supply of SWAP on a regular basis, which is designed to ultimately increase the value of the SWAP token.
• Governance. As a SWAP token holder you can participate in governance voting and fund allocation.
• Reduced fees. Using SWAP tokens, you can access a 50% discount on TrustSwap platforms compared to paying in ETH. This is designed to incentivise users to adopt SWAP as the main currency.

Today's Trustswap price versus ATH

Compare today's price of Trustswap ($0.204285 USD) against its all-time-high price of $5 USD on 16 April 2021. The closer the bar is to 100%, the closer SWAP is to reaching its ATH again.

How to trade, convert or sell Trustswap

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

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