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How to buy Vulcan Forged (PYR) in the UK

Learn how to buy Vulcan Forged (PYR) on 2+ crypto exchanges in our step-by-step guide.

Vulcan Forged (PYR) is the 298th largest cryptocurrency by market cap, valued at US$84,834,308.

Vulcan Forged is a highly volatile asset capable of major price swings in a single day. Today PYR is trading for $3.56 USD, which is higher than yesterday's trading price of $3.45 USD. Over the past year, Vulcan Forged's price has seen a decrease of -6%.

So before you buy Vulcan Forged, 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 use to buy Vulcan Forged.

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

Find an exchange to buy, sell and trade PYR 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 - 2 of 2
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Uphold - Digital Asset Platform
Uphold - Digital Asset Platform
Bank transfer (ACH), Debit card, Apple Pay, Google Pay
USD, GBP, AUD, EUR, CAD, CNY, JPY, SGD, INR, NZD

214
cryptocurrencies

Go to site
View details
Coinbase Digital Currency Exchange
OFFER
Coinbase Digital Currency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal
USD, EUR, GBP, CAD, MXN, HRK, CZK, DKK, CLP, BGN

255
cryptocurrencies

Get £5 free with your first trade. T&Cs apply.
Go to site
View details
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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How we keep this Vulcan Forged guide up-to-date

  • PYR price data is regularly updated through data feeds so you always have the latest information.
  • Vulcan Forged 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 Vulcan Forged?

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 Vulcan Forged?

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 Vulcan Forged.

  • 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 PYR 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 Vulcan Forged?

The easiest way to buy PYR 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 PYR, 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 Analysis tools to get an idea of how the price of Vulcan Forged has been performing recently.

Best Vulcan Forged wallets to store your PYR

You can keep your PYR 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 PYR 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 Vulcan Forged a good investment?

All altcoin investments should be considered for potential upsides and potential downsides. It is, therefore, crucial to evaluate both the token and associated protocol. Here are a few factors to consider before investing in PYR:

  • Gaming ecosystem: Besides VulcanVerse, which was created by developers behind the Vulcan Forged platform, community members have gone on to launch additional native games. Native games include Block Babies, GeoCats, Vulcan Chess, Forge Arena, and Coddle Pets. The adoption by community members is encouraging to see and the variety of games may attract more users in comparison to other GameFi platforms that focus on one genre of game.
  • Staking rewards: Users can stake PYR tokens in the native Myforge wallet to earn LAVA rewards. The longer that a user stakes, the more rewards that are generated.
  • Land staking: Users can also level up pieces of land within the VulcanVerse by staking PYR tokens. If tokens remain staked, VulcanVerse land will retain its associated level. If PYR tokens are removed, a user’s land will revert back to its previous level. As the adoption of the VulcanVerse increases, the demand for PYR could grow accordingly as more users seek to upgrade parcels of digital land.
  • Scalability: Vulcan Forged and the PYR token run on Ethereum’s layer-2 scaling solution network, Polygon. The use of Polygon’s infrastructure means players can enjoy fast and cheap transactions whether in-game or in the native marketplace. Quick and low-cost transactions are crucial to the wider adoption of a gaming protocol.
  • Centralised governance: The Vulcan Forged ecosystem is currently run and operated by a private organisation based in Singapore. The entity has not yet made any announcements to suggest that a decentralised autonomous organisation (DAO) could be created in the future to surrender control. The platform will likely remain centralised for the foreseeable future.
  • Token supply: PYR has a maximum supply of 50 million tokens. 20 million tokens were released via an initial liquidity offering (ILO). A further 10 million will be released gradually over a four-year period to reward pools. A further 14.5 million will act as a reserve and will remain locked for several years. The team behind the project is set to take 2.5 million of the PYR supply, which will be released gradually over 10 years starting in March 2024. This slow-release should ensure that significant selling pressure does not enter the market at any one time.
  • Competition: GameFi – the combination of decentralised finance (DeFi) and gaming - is one of the hottest sectors in crypto. As a result, there is no shortage of competitors for Vulcan Forged - both old and new. Vulcan Forged will need to compete with projects such as Gala Games, Enjin, Axie Infinity, and MOBOX.

Additional information about Vulcan Forged can be found using our PYR analysis tools.

Today's Vulcan Forged price versus ATH

Compare today's price of Vulcan Forged ($3.56 USD) against its all-time-high price of $49.24 USD on 01 December 2021. The closer the bar is to 100%, the closer PYR is to reaching its ATH again.

Vulcan Forged's price: $3.56
ATH date: December 01, 2021
7.23%

Vulcan Forged ATH: $49.24


How to trade, convert or sell Vulcan Forged

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