How to buy WOO Network (WOO) in the UK

WOO Network (WOO) is the 100th largest cryptocurrency by market cap, valued at US$418,149,286.

WOO Network is a highly volatile asset capable of major price swings in a single day. Today WOO is trading for $0.245926 USD, which is lower than yesterday's trading price of $0.252340107 USD. Over the past year, WOO Network's price has seen an increase of 58%.

So before you buy WOO Network, 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 WOO Network.

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

Where to buy WOO Network in the UK

Find an exchange to buy, sell and trade WOO 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*.

Best WOO Network wallets to store your WOO

You can keep your WOO 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 WOO below.

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

Is WOO Network a good investment?

Each cryptocurrency purchase should be evaluated thoroughly. All risks and influencing factors associated with both the token and the platform need to be accounted for:

• Solid founding team. Wootrade’s cofounders include Jack Tan and Mark Pimentel. A Carnegie Mellon University graduate, Tan has previously worked for several major banking institutions including BNP Paribas and Deutsche Bank. On the other hand, Pimentel is considered a pioneer in the decentralized finance industry thanks to his 2017 whitepaper on decentralized derivatives exchanges (DEXs). In the past, he has worked for Citadel Investment Group as well as Knight Capital’s electronic market development group.
• Industry support. Upon its inception, Wootrade was incubated by leading trading company Kronos Research. The firm handles massive monetary inflows regularly and is known to handle anywhere between $1 billion to $2 billion worth in trades every day.
• Unique governance model. Unlike a number of protocols where governance rights are handed out to individuals directly in proportion to the number of tokens they own, Wootrade gives increased voting power to people who spend more time on the platform as opposed to those individuals who simply HODL and short WOO.
• Fixed supply. When the platform began, it minted a total of 3,000,000,000 WOO. 50% of this pool is actively used to issue rewards while the remaining tokens have been distributed among investors, advisors and team members.

Today's WOO Network price versus ATH

Compare today's price of WOO Network ($0.245926 USD) against its all-time-high price of $1.78 USD on 15 November 2021. The closer the bar is to 100%, the closer WOO is to reaching its ATH again.

How to trade, convert or sell WOO Network

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

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