Buy Helium (HNT) in UK

The best place to buy Helium (HNT) in UK is through Binance. You can Buy Helium through a bank transfer, with your credit card, or exchange it for Bitcoin.

What is Helium?

Helium (HNT) is a blockchain network with a focus on powering Internet of Things (IoT) devices. Launched in 2019, it allows for devices to securely interact with each other over the internet.

IoT security has been a topic of concern for over a decade and Helium hopes to fix some of the gaps by leveraging its blockchain technology. It also provides financial incentives for users.

Helium uses a new consensus mechanism called proof-of-coverage (PoC) that rewards node owners for building out and maintaining the network.

Buying HNT on Binance

If you are new to the crypto space, Binance is undoubtedly one of the well-known cryptocurrency trading platforms. The massive trade volume and the options for other currencies make it the best.

Here’s how you can buy HNT with Binance: 

  1. Sign up for an account on Binance
  2. Next, proceed with the verification process
  3. Once you are verified, you can buy HNT on Binance via Credit/Debit card, Bank Deposit, P2P trading and third-party payment
  4. You will receive the HNT to your account once you have successfully paid.

Option 2: Trade Bitcoin for Helium

Step 1: Buy Bitcoin

You may wish to trade Bitcoin for Helium on another exchange. This is also a great option if you’re looking to buy other cryptocurrencies, as having Bitcoin makes trading on exchanges easy. In this guide, we will use Binance exchange. Note that you can achieve the same result in an easier manner by depositing GBP to Binance, in accordance with Option 2.

This guide assumes you already have Bitcoin. If you don’t, you can buy Bitcoin at any of the following options:

  • Binance (recommended; buy with £GBP or €EUR)
  • (recommended; buy with £GBP)
    • Sign up for an account and buy BTC straight away with your debit or credit card, or bank transfer.
  • Local Bitcoins (buy with £GBP)
    • Buy BTC from other Brits using bank transfer.
  • Coinbase (buy with EUR)

or, click here for a detailed guide on buying BTC in the UK

Waiting for a bank transfer or verification? Get a head-start by signing up for your Binance account while you wait…

Step 2: BTC -> HNT

Now, we will use Binance (the most popular crypto exchange) to buy Helium with Bitcoin…

  1. Register for a Binance account here
  2. Deposit Bitcoin to your account (your Binance Bitcoin wallet) by heading to Funds -> Deposits in the top menu
    1. Select BTC from the drop-down menu, and copy your BTC Deposit Address
    2. Send your Bitcoin to this address.
      i.e. if you purchased BTC from CEX.IO, use their ‘withdraw’ page to send BTC to your Binance BTC wallet.
  3. Once Bitcoin has reached your Binance wallet, head to Exchange -> Basic via the top navigation bar.
  4. Use the panel to the right side of the screen (which shows many currency pairs alphabetically, starting AMB/BTC, ARK/BTC, etc.)
    1. Type HNT in the search bar
    2. Click the HNT/BTC link to reach the market page
  5. Using the Buy HNT panel, set your Buy parameters, and click the green buy HNT button
    1. This places an order, which can be monitored via the Orders tab in the top navigation bar, or directly below the Buy box in the Open Orders pane
    2. When your order is filled, the exchange is complete, and your HNT will appear in your HNT wallet under the Funds -> Balances page