How to Buy Helium in the UK

A Beginner’s Guide to Buying and Selling Helium Cryptocurrency in the UK

5 Min Read
Last Updated July 23rd 2021

If you’re based in the UK and wish to buy Helium – the process is very straightforward. All you need to do is find a regulated exchange, deposit some funds, and decide how many Helium tokens you want to buy.

Helium is a blockchain-oriented system that makes it possible to keep track of media consumers' time and effort put on websites. The main objective of HNT is to ensure that revenue generated from advertisement is effectively and efficiently distributed among stakeholders. These stakeholders include advertisers, publishers, and the people who take the time to read marketing ads and content that is shared online. HNT, therefore, provides a solution to the endemic loopholes and the privacy violations that are known to hobble the digital advertising industry. 

HNT is a devolved and transparent digital advertising platform that operates based on the Ethereum blockchain. The HNT token is one of the most competitive cryptocurrencies that will ensure that you earn quick returns from crypto trading. However, before you get involved in this market, you need to note the high volatility of it and the high level of risk that comes with investing your money in this market. 

What's in This Guide?

  1. QUICK GUIDE: HOW TO BUY HELIUM IN THE UK
  2. A Step-by-step Guide to Buying Helium in the UK
  3. How to Sell Helium in the UK
  4. Which Wallets Can I Use to Hold Helium?
  5. How Helium Works
  6. Key Things to Consider Before Buying Helium in the UK
  7. Conclusion

QUICK GUIDE: HOW TO BUY HELIUM IN THE UK

  1. Open an account with a cryptocurrency exchange
  2. Verify your account
  3. Go to the deposit section
  4. Go to the platform and select Helium
  5. Enter how many Helium tokens you want to buy
  6. Check the details and confirm your purchase

A Step-by-step Guide to Buying Helium in the UK

Follow the following step-by-step guide to buying the Helium:

Step 1: Create an account

The first step involves buying an account and having it registered. The registration process is simple and straightforward and will require that you create a password and confirm your account through a verification mail sent to your email.

Step 2: Deposit cryptocurrency 

Depositing the cryptocurrency of your choice is the second step. Depositing is on the assumption that you have cryptocurrencies and therefore want to trade them for the HNT. To do so, go to the tab that reads "funds" and click to select "balances." On this page, you will click to select your preferred coin (the ones you hold) and send it to the provided address.

Step 3: Placing your order 

To place your order, go to the markets page and find the trading pair that aligns with what you had initially deposited. The HNT should come first in the pair, and the coin you had deposited comes right after the slash sign. A chart showing the price of Helium pops up right after selecting your trading pair Scroll to find "Buy HNT." 

At this point, you have to select the type of order and therefore key in the amount of HNT you are interested in buying, preferred price, and buy! 

Step 4: Store in a crypto wallet 

The fourth step is for you to store the tokens you have bought in a crypto wallet. Basically, there are two types of crypto wallets. The hot wallets will enable you to store your HNT tokens online to buy and sell as you please.

The cold wallets will store your tokens offline so that you can store them safely away for a long time. Cold wallets can be in the form of hardware wallets such as USB drives. 

How to Sell Helium in the UK

Follow the following three-step process to sell HNT in the UK:

The first step is to sign in to your exchange account. Secondly, sell the Helium in exchange for the cryptocurrency you want. The two most commonly used cryptocurrencies are Bitcoin and Ethereum. These two make the whole process of accessing tokens easy and simple because they retain high volume and liquidity capacities. 

You can now comfortably transfer the cryptocurrencies to the exchange platform that you had initially selected. Having signed up and verified your account, you can transfer your cryptocurrencies to your chosen exchange platform. 

Sell your cryptocurrencies for your preferred currencies and finally make a withdrawal depending on your selected currency. The withdrawn amount goes straight to your specified bank account. 

Which Wallets Can I Use to Hold Helium?

Multiple kinds of wallets can be used to hold the HNTs. The main consideration is that the wallet must be an open-source one and a devolved ad exchange. The wallet must be tailor-made to support the HNT token. Among the best wallets to use include, but are not limited to, the following; desktop wallet, web wallet, mobile wallet, hardware wallet, and paper wallet, depending on your preference. 

How Helium Works

Open-source privacy-oriented browsers use ad shields to restrict the access of all unwarranted ads and trackers. The browsers also calculate user attention credit to the inbuilt ledger system, which improves the advertising experience of individual users. In this determination, the browser determines the total time individual advertisements are viewed by online users and the number of pixels they can see. It then matches unique content with respective internet users. Having switched on the ad features, individuals using the browser are liable for payment in Helium, aligned with the amount of time they spent on the advertisement.

Key Things to Consider Before Buying Helium in the UK

There are certain things that you need to consider before buying Helium include:

Performance 

Among the things you must assess is how the tokens are performing. Find out how Helium have been doing over the past few months, a determination that will help you reach an informed decision.

Volatility 

Volatility stands as a key characteristic of cryptocurrencies. Find out whether you can manage the high risk of investing in the HNT crypto market. 

Usability 

Check whether Helium have other uses other than being traded for monetary value. A token having multiple uses is one way to safeguard it against market depressions should one of its uses be threatened. 

Conclusion 

Helium is a decentralized and straightforward digital ad platforms operating under the Ethereum blockchain. The platform is defined by several components, including a digital advertising exchange that facilitates advertisers in purchasing as space and capturing the attention of internet users. By reading this guide, you will be equipped with the knowledge you need to know about investing in HNT tokens. The guide has been well detailed to take you through all the processes involved and ensure that you have an easy time buying HNT tokens in the UK.

eToro – Best Platform to Buy Cryptos in the UK

eToro have proven themselves trustworthy within the crypto industry over many years – we recommend you try them out.

Virtual currencies are highly volatile. Your capital is at risk.

Top Brokers in
    All Regulated Brokers
    67% of retail clients lose money when trading CFDs with this provider.