How to buy WHALE (WHALE) in the UK

Where to buy WHALE in the UK

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

You can still purchase WHALE 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 WHALE using a decentralised exchange.

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

You can keep your WHALE 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 WHALE below.

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

Is WHALE a good investment?

Like all good investments, it is crucial to perform due diligence. This is exceptionally important when investing in altcoins. If you are looking to invest in WHALE tokens here are a few things to consider:

• State of NFTs: NFTs are a very young innovation in the crypto space. Although dating back to 2012, it wasn't until 2019 that NFTs started to gain traction. As popular as NFTs have become, caution is necessary when investing in new spaces.
• Use cases: WHALE tokens offer several use cases that provide utility beyond its equivalent dollar value. The tokens can be used to buy NFTs, rent digital real-estate and, as mentioned above, receive direct consultation from WhaleShark, one of the largest investors of NFTs. According to the WHALE whitepaper, the tokens are also expected to be used for future governance.
• Token distribution: Similar to Bitcoin, WHALE has a limited total supply. Only 10 million tokens will ever be minted. At the time of writing, more than 6 million are in public circulation. If demand increases, a low token supply may bolster token prices.

Today's WHALE price versus ATH

Compare today's price of WHALE ($0.593133 USD) against its all-time-high price of $52.37 USD on 13 March 2021. The closer the bar is to 100%, the closer WHALE is to reaching its ATH again.

How to trade, convert or sell WHALE

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

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