Cryptocurrencies are unregulated in the UK. Cryptocurrency profits may be subject to Capital Gains Tax. The value of investments is variable and can go down as well as up.
Buy Bancor in the UK
Bancor
BNT
What is Bancor?
One of the first decentralised exchanges (DEXs), Bancor Network is a protocol running on both the Ethereum and EOS blockchains that makes it easy for users to swap one cryptocurrency for another.
Bancor uses fixed-fee, fixed-term liquidity pools denominated in BNT to ensure tokens can be traded at a fair price. You can also borrow against any tokens you’ve contributed to these pools.
BNT is the native token of the Bancor Network. BNT is used to both pay transaction fees and participate in governance decisions through the Bancor DAO (decentralised autonomous organisation). Holders can also stake their tokens in liquidity pools to receive more BNT in return.
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Start your cryptocurrency portfolio with CoinJar by following these simple steps.
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Cryptoassets carry high risk. Due to the potential volatility of the cryptoasset markets, the value of your investments may fall significantly and lead to total loss. Cryptoassets are complex and are unregulated in the UK, and you are unable to access the Financial Service Compensation Scheme or the Financial Ombudsman Service. We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits.
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