How to buy YOUcash (YOUC) in the UK

Where to buy YOUcash in the UK

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

You can still purchase YOUC 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 YOUC using a decentralised exchange.

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

You can keep your YOUC 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 YOUC below.

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

Is YOUcash a good investment?

Since cryptocurrencies are inherently volatile assets, there are several factors that could potentially impact the price. It is essential to conduct thorough research before considering any investment. Below are the aspects you should consider before investing in YOUC:

• Innovation. The platform provides an innovative and futuristic way of advertising and marketing. Through the platform, businesses can airdrop merchandise for instant launch and airdrop geo-fenced tokens that can be delivered within the augmented reality game YOUgo. A novel approach in the marketing sector.
• Experience. Both founders have immense experience in running businesses in media, advertising and marketing. Along with being a musician, Michael Muenzing has run several entertainment properties, including the Ministry of Sound. Having such valued experience on the team is a positive sign for the reliability of related assets.
• Trust. Due to the decentralised and open-source nature of the platform, it promotes a lot of trust between advertisers and the enterprises that use them. It enables transparency between all stakeholders and shows exactly where money is being spent. Such a positive relationship between stakeholders could lead to a disruption in the traditional advertising industry, which may lead to an increased demand for the YOUcash token.
• Supply and allocation. The maximum supply of YOUcash is 11 billion tokens. The token was first launched during a sale in 2019, when nearly 73% of the total supply (6 billion tokens) was sold at a base price of $0.10. This sale period included the private sale stage, pre-ICO stage and the main ICO stage. Apart from the 73% sold during this sale period, 9.09% was also allocated for the Reserve Fund and Airdrops each. The rest is reserved for the team/partners/marketing/legal. Any funds raised were due to be split between marketing and the development of the YOUengine platform.

Today's YOUcash price versus ATH

Compare today's price of YOUcash ($0.50019 USD) against its all-time-high price of $0.823243 USD on 29 September 2022. The closer the bar is to 100%, the closer YOUC is to reaching its ATH again.

How to trade, convert or sell YOUcash

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

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