How to buy Yieldly (YLDY) in the UK

Where to buy Yieldly in the UK

Unfortunately, at this time no major exchanges in the UK offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

Best Yieldly wallets to store your YLDY

You can keep your YLDY 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 YLDY below.

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

Is Yieldly a good investment?

Like with any investment, due diligence should be performed prior to purchasing an asset. This is particularly important when it comes to cryptocurrency, as they are quite risky and volatile in nature. If you wish to purchase YLDY, here are some factors to consider:

• Platform development. A major feature of the Yieldly platform is the team’s desire to constantly develop new use-cases and DeFi services. The successful implementation of these new functions will go a long way to keeping Yieldly relevant and successful long-term. Some significant projects include the addition of an NFT marketplace, integration of cross-chain bridges and NFT staking.
• Competition. At face value, DeFi platforms that offer liquidity, earnings and trading services are extremely common throughout the cryptocurrency ecosystem. While competitors such as PancakeSwap already have a well-established userbase, Yieldly’s point of difference may give it an edge. Potential investors may want to watch the development of other Alogrand-based DeFi protocols to ensure Yieldly remains competitive.
• Whitepaper. The Yieldly platform and website does not have a whitepaper divulging details on tokenomics or other factors relating to the project. This may be off-putting to investors who prefer a deeper understanding of the technology and economic foundation of cryptocurrencies. If you want further information, it’s worthwhile checking out the Yieldly telegram and contacting a member of their development team.

Today's Yieldly price versus ATH

Compare today's price of Yieldly ($0.00006048 USD) against its all-time-high price of $0.0339323 USD on 23 December 2021. The closer the bar is to 100%, the closer YLDY is to reaching its ATH again.

How to trade, convert or sell Yieldly

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

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