Where to Buy Fetch.ai in the UK – Learn How To Buy Fetch.ai in 2022

Fact Checked by Gary McFarlane

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.

Fetch.ai combines two technologies, blockchain and artificial intelligence, to build a decentralized machine learning economy. This network is composed of autonomous software ‘agents’ that can perform various tasks for their users, and eventually reduce the monopolization of data by large centralized systems.

If you are keen to invest in this project, this guide on how to buy Fetch.ai in the UK will walk you through the entire process with an FCA-regulated broker. We’ll also discuss whether FET tokens are likely to offer a valuable addition to your cryptocurrency portfolio.

Table of Contents

#1 Broker to Buy Fetch.ai – eToro

1
$50
Our score10
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% Commissionstart TradingOur score 10

Where to Buy Fetch.ai in the UK – List of Brokers to Buy Fetch.ai

The Fetch.ai ecosystem utilizes FET as its native token. Through this cryptocurrency, users can find, create and deploy autonomous economic agents.

Given the rising popularity of FET tokens, you can find a large number of cryptocurrency exchanges supporting this digital coin. However, if you are a beginner, we suggest that you choose one of the following platforms to buy Fetch.ai in the UK safely.

  1. eToro – Overall Best Place to Buy Fetch.ai
  2. Capital.com – Utilize Leverage on Fetch.ai Trades (Professional Clients Only)
  3. Binance – Large Exchange to Buy Fetch.ai for Asset Diversification
  4. Coinbase – Best Fetch.ai Broker in the UK for Beginners
  5. Kraken – Great Place to Buy Fetch.AI in the UK for Pro Investors
  6. Crypto.com – Reputable Platform to Buy Fetch.ai in the UK
  7. Gate.io – Secure Platform to Invest in 1,000+ Cryptocurrencies
  8. Bitstamp – Long-Established Platform to Buy Fetch.ai in the UK
  9. BitYard – But Fetch.ai in the UK with USDT
  10. Gemini – Trusted Exchange to Buy and Sell Fetch.ai in the UK

Each of these platforms listed above offers something for every type of cryptocurrency trader. You will see more about our findings further down this guide.

How to Buy Fetch.ai in the UK – A Quick Guide

To buy Fetch.ai, you will need to go through a cryptocurrency exchange or broker that supports FET tokens. Taking into account the aspects of safety, fees, and accessibility, we found that eToro is the best platform for you to purchase this digital coin.

Below you will find a quick guide that shows you what steps you need to follow to buy Fetch.ai in the UK via eToro:

  • Step 1: Open an Account on eToro –  Visit the eToro website and tap on the button marked ‘Join Now’. You will have to provide some personal information, including your full name and contact details to set up your account.
  • Step 2: Upload ID – As an FCA-regulated broker, eToro requires all of its users to complete a KYC process. This only means that you need to upload a copy of your passport or driver’s license to get verified.
  • Step 3: Add Funds – Next, you will need to fund your eToro account to buy Fetch.ai tokens. For this, you can transfer a minimum of $10 (about £7) to the platform using your debit/credit card, an online bank transfer, or an e-wallet like PayPal.
  • Step 4: Search for Fetch.ai – To find Fetch.ai on eToro, simply search for the token and click on ‘Trade’ when the correct result appears.
  • Step 5: Buy Fetch.ai – In the last step, enter the amount of Fetch.ai coins you want to buy and confirm your purchase.

When you have placed your order, eToro executes it right away and adds the Fetch.ai coins to your portfolio.

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.

Where to Buy Fetch.ai in the UK – Full Broker Reviews

To help you pick the right cryptocurrency platform, we have combed through many providers that allow you to buy Fetch.ai in the UK.

Read our detailed reviews below to see which of these platforms might be an ideal fit for your requirements.

1. eToro – Overall Best Place to Buy Fetch.ai in the UK

bitcoin today

eToro is a multi-asset trading platform that allows you to buy and sell cryptocurrencies through a beginner-friendly interface. Founded in 2007 and regulated by the FCA, this broker provides you with a safe and transparent environment to make investments into digital currency.

In addition to this, eToro is also licensed by the SEC, ASIC, and CySEC – so you have regulatory protection on multiple fronts.

eToro gives you access to a large number of cryptocurrency tokens, including Fetch.ai, Bitcoin, Ethereum, Cardano, Uniswap, Dogecoin, and more. Further, the platform also lists other assets such as stocks, ETFs, indices, agricultural products, metals, and forex.

Notably, unlike the majority of providers that have difficult-to-understand pricing structures, eToro sports a straightforward approach when it comes to fees. That is to say, you can use this broker to buy Fetch.ai in the UK on a spread-only basis.

etoro crypto

To get started on eToro, all you require is $10 (around £7) as the initial deposit. You can make a seamless transfer using your debit/credit card, via e-wallets like PayPal, or link your bank account.

However, bear in mind that funding in British pounds will attract an exchange rate of 0.5% since the platform predominantly uses US dollars for placing orders.

This is, however, still very competitive in the cryptocurrency brokerage scene.  Moreover, once you have completed your purchase of FET tokens, you can use eToro’s in-built wallet to store your digital coins.

eToro also stands out by providing features that are designed to make investing easier for beginners. Through its Copy Trading tool, you can replicate the trades of experienced investors, thus benefiting from a passive approach without having to do any market analysis yourself.

etoro copy trading

If you want to diversify your investments, you can also put your money into a Smart Portfolio that represents the wide cryptocurrency market.

In addition to this, eToro also features a demo account that comes funded with $100,000 worth of paper money. Beginners can use this tool to learn how to buy Fetch.ai in the UK in a virtual setting, or practice trading other markets to get familiar with the eToro platform itself. This feature is accessible via eToro’s web-based platform as well as the mobile app.

Pros

  • Incur only the spread when you buy crypto
  • $10 (approximately £7) minimum investment per trade
  • Payment options include e-wallets, debit/credit cards, and bank wire
  • Registered with FINRA/SEC and regulated by the FCA, CySEC, and ASIC
  • 20 million+ users
  • Perfect for beginners
  • Social and copy trading tools

Cons

  • Pro traders might consider the platform too basic
  • No support for MT4 or MT5

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.

2. Capital.com – Utilize Leverage on Fetch.ai Trades (Professional Clients Only)

capital.com review

Capital.com is a broker that allows you to trade Fetch.ai in the UK via CFDs. However, take note, crypto CFDs are only accessible for professional clients – as per the FCA.

Nevertheless, this commission-free provider also supports a variety of other popular cryptocurrencies, including Ethereum, Bitcoin, Litecoin, Ripple, and many more. Further, you can also trade stocks, ETFs, forex, and commodities via Capital.com.

When it comes to the platform’s pricing structure, Capital.com lets you trade Fetch.ai without charging you any commission. The only fee applicable is the spread, which is the difference between the bid and ask price of this digital asset.

Moreover, you will not be charged when making any deposits or withdrawals. You can start on Capital.com with as little as £20 when using a debit/credit card or e-wallet, or £250 when opting for a bank transfer.

capital.com review

Capital.com is authorized and regulated by the FCA, CySEC, NBRB, and ASIC  In other words, this trading platform poses itself as a credible option for you to gain access to FET tokens via CFDs.

The broker also allows you to trade Fetch.ai in the UK with leverage, which can increase your purchasing ability. This is, of course, on the proviso that you are a professional client.

Pros

  • Highly-rated spread betting and CFD broker
  • Licensed by the FCA, CySEC, NBRB, and ASIC
  • £20 minimum deposit requirement (debit/credit cards and e-wallets)
  • All supported markets are tradeable at 0%
  • Tight spread and no deposit/withdrawal fees
  • 4000+ markets supported

Cons

  • The platform might appear too basic for pro traders
  • Minimum deposit of £250 on bank transfers

at eToro, #1 Broker in the UK

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider

3. Binance – Large Exchange to Buy Fetch.ai for Asset Diversification

Given that Fetch.ai held its IEO on the Binance Launchpad, it doesn’t come as a surprise that this platform supports FET tokens.

For those unaware, the Binance exchange is the largest in the world in terms of trading volume and allows its users to make fast transactions. Since its launch in 2017, the provider has built an entire ecosystem to promote and facilitate the adoption and development of blockchain projects.

Needless to say, Binance supports hundreds of digital assets on its platform. It also offers secure storage for Fetch.ai through Trust Wallet, which is a decentralized app that users can download onto their phones. Moreover, the majority of cryptocurrencies on Binance are kept offline to provide you with added protection.

binance review

However, to buy Fetch.ai in the UK using Binance, you will have to pay a commission of 0.1% per slide. Moreover, you cannot purchase this digital asset directly. You will have to first purchase USDT or BTC and then exchange the tokens for FET. You can also directly purchase cryptocurrencies by paying with your debit/credit card. However, this option is facilitated by a third party and fees can amount to as much as 10%.

Pros

  • Facilitates billions of dollars in daily trading volume
  • Supports hundreds of digital asset pairs
  • Near-instant deposits via debit/credit card
  • Trading commission starts at just 0.1% per slide
  • Offers crypto savings accounts
  • Ideal for both beginners and experienced traders alike

Cons

  • Not all supported cryptocurrencies can be purchased with a debit/credit card
  • No e-wallet deposits or withdrawals

at eToro, #1 Broker in the UK

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider

4. Coinbase – Top Fetch.ai Broker in the UK for Beginners

Buy Fetch.ai in the UK using Coinbase

Coinbase boasts 73 million verified users across 100 countries across the globe. You can use this platform to invest in cryptocurrencies, earn money by staking them or spend your digital assets for online shopping. The exchange is super beginner-friendly, which makes it easy for you to buy Fetch.ai in the UK. Not to mention, it supports heaps of altcoins and DeFi tokens to help you build a diversified portfolio.

Coinbase review

Coinbase also allows you to invest in cryptocurrencies via fractional stakes, starting from £2. While this might not make much of a difference for those looking to buy Fetch.ai in the UK, this functionality makes tokens like Bitcoin and Ethereum more accessible to investors.

However, if you opt to finance your account using a UK debit card, you will have to account for a 3.99% fee. Coinbase also comes with a self-custody wallet for you to store not only your digital tokens but also NFTs.

Moreover, Coinbase Pro offers advanced charting tools to help you make informed decisions and trades.

Pros

  • One of the most popular cryptocurrency exchanges
  • Over 73 million users
  • Accepts debit cards
  • Dozens of digital currencies to choose from
  • Institutional-grade security practices

Cons

  • Debit card deposits are expensive at 3.99%
  • You will pay a standard trading commission of 1.49%

at eToro, the UK’s #1 Broker

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

5. Kraken – Great Place to Buy Fetch.AI in the UK for Seasoned Investors

Kraken review

Kraken has been at the forefront of the cryptocurrency arena since 2011. This platform has set up rigorous security standards and grants its users access to staking.

Moreover, to buy Fetch.ai in the UK through this provider, you will also have versatile payment options at your disposal. You can fund your account in both digital assets and British pounds. For fiat deposits, you can choose between Etana and a bank transfer.

Kraken review

The catch is that these funding methods take 1-5 days to process. Visa and MasterCard purchases are also supported, but to access this, you need to have an Intermediate or Pro level account.

Moreover, if you are using your debit/credit card to buy Fetch.ai in the UK, you will have to pay a 3.75% fee. That said, you can trade cryptocurrencies either through the web platform or via the Kraken App.

Pros

  • Ease of use and sleek user-interface
  • Support for all major coins and many altcoins
  • Convenient payment methods
  • Friendly interface for beginners

Cons

  • Fee structure can be confusing
  • KYC verification is needed upfront before any purchase can be made
  • No phone support

at eToro, #1 Broker in the UK

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.

6. Crypto.com – Reputable Platform to Buy Fetch.ai in the UK

Crypto.com Review

Crypto.com is best suited for those looking to access a wide variety of cryptocurrencies. The platform lists over 250 digital assets and supports hundreds of markets.

However, if you are looking to buy Fetch.ai in the UK using fiat currency, then you will need to download the Crypto.com app to your phone. You can settle your purchase with a debit/credit card or transfer funds from your bank account to make the investment.

Crypto.com review

Crypto.com packs tons of features such as staking and lets you use digital assets to pay for your online purchases. You can also utilize the platform to earn interest by lending out your idle crypto tokens.

When it comes to pricing, you will be charged 2.99% when buying FET tokens using a debit/credit card. However, if you are exchanging Fetch.ai from another cryptocurrency, the fee will depend on your 30-day trading volume.

Pros

  • Buy and sell a wide variety of cryptocurrencies with low fees
  • Invest in a diversified portfolio of coins and tokens with just one click
  • Earn interest on your crypto holdings
  • Safe and secure transactions

Cons

  • Fees are higher unless you own and utilize CRO
  • Navigating the platform can be difficult for beginners
  • Discounted trading fees can be difficult to understand
  • Insufficient educational resources

at eToro, #1 Broker in the UK

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.

7. Gate.io – Secure Platform to Invest in 1,000+ Cryptocurrencies

Gate.io review

Gate.io has a track record of over eight years in the crypto industry. It lists hundreds of digital coins and is one of the top ten exchanges in the world with regard to trading volume.

The platform has a diverse offering of services and investment plans. For instance, you can not only use this provider to buy Fetch.ai in the UK, but you can also access plenty of trading tools to help predict the market.

Gate.io review

Moreover, as with eToro, Gate.io also supports Copy Trading and allows you to mirror the strategies of top earners of the platform. It also provides crypto staking and loans and gives you access to liquidity mining.

Although Gate.io allows you to purchase digital coins directly using credit cards and bank transfers, this feature is currently not available for FET tokens. Instead, you will have to purchase USDT or ETH first – and then exchange the tokens for Fetch.ai.

Pros

  • Huge choice of cryptocurrencies
  • Features giveaways
  • Secure, reliable and fast trading platform

Cons 

  • High fees
  • Lack of team transparency behind the platform

68% of retail investor accounts lose money when trading CFDs with this provider.

8. Bitstamp – Long-Established Platform to Buy Fetch.ai in the UK

Buy fetch.ai Bitstamp

Bitstamp lists 54 cryptocurrencies in total – which includes Fetch.ai, many popular altcoins, and a range of DeFi tokens. The platform began offering its services in the UK in 2013, but its important to note that it is not regulated by the FCA.

But, the provider has taken all the right steps towards ensuring a safe investing environment, such as by conducting regular audits and giving you protection through BitGo’s insurance policy.

Buy fetch.ai with Bitstamp

That said, if you are looking to buy Fetch.ai in the UK via Bitstamp, you will have to pay 5% on credit card purchases. Bank wires are relatively cheaper at 0.05%. Moreover, you also need to meet a minimum trade amount of £20.

Looking at the benefits, Bitstamp comes with an easy-to-use interface and gives you access to market research data. You can also download the broker’s mobile app to purchase and sell Fetch.ai.

Pros

  • Simple and easy to use
  • Trade fiat money for different types of cryptocurrencies
  • Supports debit/credit cards and bank transfers

Cons

  • Markets with a limited supply
  • Lack of margin trading
  • 5% surcharge on debit/credit card transactions

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 68% of retail investor accounts lose money when trading CFDs with this provider. 

9. BitYard – But Fetch.ai in the UK With USDT

BitYard buy Fetch.ai

BitYard is another cryptocurrency exchange that allows you to buy Fetch.ai in the UK. However, you cannot purchase FET tokens directly using British pounds.

Instead, you will first need to get your hands on the stablecoin USDT, and then use the tokens to acquire Fetch.ai. You can make the payment using a bank transfer or a Visa/Mastercard debit/credit card.

BitYard Copy Trading

Launched in 2019, BitYard was built with novice crypto traders in mind. However, over time the platform has added markets for futures and a copy trading feature. As you know by now, this allows you to pick the best traders on the platform and follow their positions in your account to invest in a passive manner.

While you cannot buy Fetch.ai directly with British pounds, you can purchase several other cryptocurrencies such as Bitcoin, Cardano, Ethereum, Ripple, and Solano.

Pros

  • Beginner-friendly interface
  • Trade fiat currency for different digital assets
  • Supports debit/credit cards and bank transfers
  • Copy trading feature

Cons

  • Cannot directly buy Fetch.ai with British pounds
  • Fiat purchases supported through third parties

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 68% of retail investor accounts lose money when trading CFDs with this provider. 

10. Gemini – Trusted Exchange to Buy and Sell Fetch.ai in the UK

Buy fetch.ai via Gemini

Gemini has built a solid reputation in the cryptocurrency arena with its competitive fees and high-quality customer service. This exchange is permitted by the FCA in the UK as an electronic money institution.

The platform makes it simple to research the digital asset market and purchase over 50 cryptocurrencies directly with fiat money. You can buy Fetch.ai in the UK with British pounds, and store the coins in the Gemini wallet.

Gemini buy fetch.ai

Gemini also features a tool that lets you set recurring trades and dynamic price alerts for your favorite cryptocurrencies. When buying FET via Gemini, you will be charged 1.49% in commission.

If you are trading through ActiveTrader, the fees will be based on a maker-taker model and your 30-day volume. The platform also supports staking for a few digital assets, allowing you to earn interest on your idle digital tokens.

Pros

  • Add more diversity to your investment portfolio
  • Intuitive features for a more efficient workflow
  • A cutting-edge trading platform
  • Earn daily interest for your crypto holdings

Cons

  • The fee structure is prohibitively expensive for small trades
  • Could be challenging for beginners

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 68% of retail investor accounts lose money when trading CFDs with this provider. 

How to Buy Fetch.ai in the UK – Detailed & Explained in Full

If you are just starting to build your cryptocurrency portfolio, you might be completely unfamiliar with the processing of buying digital assets.

Below we have put together a detailed and comprehensive walkthrough of how to buy Fetch.ai in the UK using the beginner-friendly broker eToro.

Step 1: Open an eToro Account

Registering with a crypto broker is the first step to buying Fetch.ai in the UK. Now, as we mentioned earlier, eToro makes this process incredibly simple and easy, even for complete beginners.

You can start by visiting the eToro website and finding the ‘Join Now’ button to load up the signup box. As you can from the image below, here, you will have to enter your full name, email address, and mobile number. You also need to choose a username and an unassailable password to secure your account.

how to join etoro

To establish your experience in the investment space, eToro will now ask you a series of questions. This is to ensure that the brokerage site offers you relevant financial products and services.

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.

Step 2: Provide ID

Since eToro is regulated and allows you to buy Fetch.ai in the UK, the platform requires you to verify your identity.

You can do this by uploading the following:

  • ID such as your passport or driver’s license
  • Proof of address such as a utility bill or bank account statement (issued within the last three months)

The KYC process is automatic and eToro will verify your documents in a matter of seconds.

Step 3: Add Funds

The broker will now guide you through the deposit process. You can choose your preferred payment type, which includes debit and credit cards, e-wallets, and bank transfers.

It is best to use a debit/credit card if you want to buy Fetch.ai in the UK instantly. The minimum deposit required is $10 (approximately £7) for UK clients.

Step 4: Search for Fetch.ai

To navigate to the Fetch.ai page on eToro, use the search box at the top of the website. You can simply enter the coin name and the result will appear instantly.

Buy fetch.ai from eToro

As you can see from the image above, you will see a ‘Trade’ button next to Fetch.ai. Click on it to go to the next step.

Step 5: Buy Fetch.ai

Finally, you will have to create a buy order. This only requires you to enter the amount you want to stake on Fetch.ai.

Buy fetch.ai via eToro

Lastly, confirm the order by clicking on ‘Open Trade’.

One thing to note is that eToro operates in US dollars. As such, you will be entering your investment stake in USD, and you need to meet the minimum trade size of $10 to buy Fetch.ai in the UK.

Buy Fetch.ai – Best Place to Buy Fetch.ai

When looking for the best place to buy Fetch.ai in the UK, you will come across two types of platforms – cryptocurrency brokers and exchanges. In order to figure out which of these is best for your needs, you should first understand the distinction between the two.

Buy Fetch.ai via a Cryptocurrency Broker

A cryptocurrency broker functions as a middleman between the investor and the market. Such platforms are not entirely different from that of conventional stock trading sites, for a number of reasons:

For instance:

  • The best cryptocurrency brokers are regulated by financial authorities such as the FCA.
  • This means that you will have access to a credible platform that takes the safety of your funds seriously.
  • Moreover, brokers such as eToro also allow you to buy Fetch.ai in the UK directly from the platform using a debit/credit card or bank transfer.

As you can see, these factors can improve your investment experience tremendously.

Buy Fetch.ai via a Cryptocurrency Exchange

The other option for you to buy Fetch.ai in the UK is to go through a cryptocurrency exchange. Such platforms are quickly rising in popularity, but there are a few considerations that you should take into account:

  • Cryptocurrency exchanges are often unregulated, meaning, you can never be sure that your capital is safe.
  • Not every exchange allows you to buy FET tokens directly using pounds and pence. This is because the exchange likely doesn’t have the legal remit to accept fiat payments.

On the other hand, if you are looking to exchange Fetch.ai from another cryptocurrency, you might find exchanges to be a cost-effective alternative.

Cryptocurrency exchanges

However, the key takeaway here is that since cryptocurrency exchanges operate in an unregulated manner, there are many shady providers in this marketplace. Consequently, you need to be very mindful regarding which platform you choose.

Ways to Buy Fetch.ai in the UK

Cryptocurrency platforms of today provide you with a number of ways to buy Fetch.ai in the UK. This gives you the choice to pick a payment method based on your preference.

Buy Fetch.ai With Debit Card

Perhaps the easiest way to buy Fetch.ai in the UK is to pay for your digital tokens with a debit card. It is not only convenient but also lets you purchase FET coins instantly. That said, not every cryptocurrency platform supports this mode of payment.

On eToro, debit cards are accepted, but if you are funding in British pounds, you can expect a fee of 0.5%. In comparison, Coinbase charges almost 4%.

Buy Fetch.ai with Debit Card Now

Buy Fetch.ai With Credit Card

This payment method also lets you buy Fetch.ai in the UK instantly. However, when using this option, you should check with your credit card issuer about any additional fees involved.

It is not uncommon for credit card companies to charge a cash advance fee in the range of 3-5% when you make payments on an online brokerage platform.

Buy Fetch.ai With Credit Card Now

Buy Fetch.ai With PayPal

If you already have a PayPal account, then you can also use this method to buy Fetch.ai in the UK through a broker like eToro. This platform also supports other e-wallets such as Neteller and Skrill. Furthermore, you will only be charged a fee of 0.5% and the payment will be processed instantly.

Buy Fetch.ai With PayPal Now

Buy Fetch.ai With Bitcoin

Depending on your chosen platform, you will also be able to buy Fetch.ai in exchange for Bitcoin, or other digital assets. This can be a viable method for those already holding cryptocurrencies in their portfolio. In this case, you will have to transfer the BTC tokens from your private wallet and then proceed to swap them for FET.

Buy Fetch.ai Now

Why Buy Fetch.ai?

Cryptocurrencies like Fetch.ai carry a lot more risk when compared to traditional securities such as stocks or ETFs. As such, when thinking of how to buy Fetch.ai in the UK, you need to tread carefully by doing sufficient research about this digital asset.

Below we discuss some of the main reasons why you might decide to buy Fetch.ai today.

Autonomous Agents

While Fetch.ai is unique in many regards, the project really stands out when it comes to its concept of autonomous agents. The main objective of the project is to replace centralized systems where users can create and deploy software agents that can work with each other to provide services.

  • These agents act on their own behalf to provide value based on personal preferences
  • They transfer data through smart contracts on the blockchain

And over time, these agents will learn to evolve through AI algorithms and improve their service by adapting to new scenarios. While this might seem ambitious, if Fetch.ai is successful, it can transform how we handle daily tasks.

Use Cases

Fetch.ai comes with technology that is relevant to a large number of sectors.

According to the team, this includes:

  • The transportation industry can benefit from Fetch.ai’s autonomous agents to optimize route planning
  • The healthcare sector can use Fetch.ai to improve collaboration and maintain privacy at the same time
  • Energy providers can increase the efficiency of their projects and reduce costs
  • Fintech companies can also profit from increased liquidity and lower entry barriers

Fetch.ai is already working with a number of research institutions and businesses to promote the integration of its technology.

Decentralization

Fetch.ai is a decentralized machine learning platform that aims to create a new digital economy. In simpler terms, this project combines blockchain and artificial intelligence to build a network of autonomous agents.

It is designed in a manner that reduces the need for a centralized entity to control access to data. For instance, devices that exist on the Fetch.ai ecosystem can sell themselves in an unassisted manner, with the help of FET tokens.

Fetch.ai market performance

This digital asset functions as the currency for transactions and also facilitates communication within the network. Agents on Fetch.ai can use these FET tokens to perform tasks and will be able to use them as sources of refundable deposits. Crucially, the value of FET has grown by over 500% in the past year alone. And with increasing adoption, the value of this coin has the potential to go even higher.

The Cost of Buying Fetch.ai

When considering how to buy Fetch.ai in the UK, it is only right to think of the costs involved. After all, you are purchasing the coin to make a profit, and the fees charged by your cryptocurrency platform can have a direct impact on your returns.

Below we discuss the fees and commissions you should note when buying FET tokens.

Deposit Fees

When you buy Fetch.ai in the UK through a broker, you will be required to make a deposit, and this often comes with a fee.

On eToro, all deposit methods are charged only 0.5% – regardless of whether you fund your account with a debit/credit card, e-wallet or bank transfer. As noted earlier, Coinbase charges almost 4% when using a Visa or MasterCard to buy Fetch.ai.

Instant Buy

Many cryptocurrency platforms allow you to use an Instant Buy feature to purchase FET tokens. In this case, you will also have to cover the transaction fee. For instance, debit/credit card purchases on Binance can cost up to 10% – as you need to go through a third-party processor.

Commissions

Brokers charge commissions as a means to cover the cost of offering financial and cryptocurrency trading services.

For instance:

  • Coinbase charges a standard commission of 1.49% for cryptocurrency trades
  • Gemini charges the same commission as Coinbase at 1.49%

In comparison, eToro only charges the spread, which starts at just 0.75%.

How to Sell Fetch.ai

Now that you know the ins and outs of how to buy Fetch.ai in the UK, there is one more aspect that we need to cover – how to cash out your tokens. The process that you have to follow depends on where you have stored your digital assets.

For instance, if you have your digital assets kept aside in a private wallet, you will need to move them to your chosen cryptocurrency exchange before you can cash out.

However, if you are using a platform like eToro – which comes with an in-built wallet, the steps are much simpler. On eToro, all you need to do is to visit your portfolio to find the Fetch.ai tokens and use the ‘Sell’ button next to it.

The funds will then be added to your account, available for you to withdraw at your convenience.

How & Where to Buy Fetch.ai in the UK – Conclusion

Fetch.ai is an innovative decentralized environment that aims to use AI and machine learning to revolutionize a wide range of sectors. It has multiple real-world use cases that have the potential to make our lives a lot easier. That said, FET is still a cryptocurrency that comes with inherent volatility.

As such, if you decide to buy Fetch.ai in the UK, you should exercise due diligence by considering the risks involved. You also need to make sure that you use a safe cryptocurrency platform to invest in this digital asset.

eToro is a suitable broker for this purpose. Getting started with this provider takes less than ten minutes and you will be able to make your investment instantly a debit/credit card – with low fees.

1
$50
Our score10
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% Commissionstart TradingOur score 10

FAQs

How to buy Fetch.ai in the UK?

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About Kane Pepi PRO INVESTOR

Kane Pepi writes for several high profile publications such as InsideBitcoins, the Motely Fool, and Learnbonds. Based in Malta, Kane is extremely skilled at complex subjects related to financial matters - including a Bachelor’s Degree in Finance, a Master’s Degree in Financial Crime, and actively engaged in Doctorate Degree research, for the money laundering threats of the blockchain economy.