Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 minutes to learn more.

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apxUSD

Sign up to buy APXUSD. Start with just £10.

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Buy
apxUSD

Millions choose Kraken to buy apxUSD. Start with just $10.

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How to buy apxUSD in the UK

Learn how to buy apxUSD on Kraken’s crypto platform in the UK. Create your free account and connect a funding method to buy over cryptocurrencies including APXUSD. Kraken makes it quick and easy to get started

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Step 1: Sign up - Provide your email address and country of residence to get started with our secure verification process.

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Step 2: Choose a payment method - Send a bank wire, make an ACH purchase, use a credit/debit card or connect several other payment methods.

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Step 3: "Buy Crypto" - Select “Buy crypto” on either Kraken’s web or mobile app to start your purchase.

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Step 4: Choose from 400+ assets - Buy apxUSD and hundreds of popular cryptocurrencies available on Kraken today (geo restrictions apply).

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Step 5: Enter the cash amount - Input the amount you want to spend using your local currency before previewing how much APXUSD you will receive.

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Step 6: Complete your order - Confirm the asset price, purchase amount and fees to instantly receive apxUSD in your Kraken account.

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In the past 24 hours, Kraken clients bought 810 APXUSD worth £599.

Why buy apxUSD with Kraken in the UK?

Kraken offers a safe and easy way to get started with crypto in the UK. Use our flexible payment methods to buy apxUSD with a credit card, debit card, bank transfer, and more.

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About apxUSD

apxUSD is a synthetic dollar issued by Apyx, an over-collateralized stablecoin backed by a diversified basket of variable-rate preferred shares issued by Digital Asset Treasury (DAT) companies. Apyx describes apxUSD as the first dividend-backed stablecoin, designed to maintain a 1:1 peg through a combination of preferred-share price-stabilization dynamics, an over-collateralized issuance framework, cross-market arbitrage, and derivative-based tail hedging. apxUSD is intended for use as both collateral and a quote asset across DeFi and CeFi. Apyx operates a two-token model: apxUSD is the non-yield-bearing stable asset, while a separate savings token (apyUSD) captures dividend income generated by the underlying preferred shares. Minting and redemption are restricted to authorized institutional participants, with redemptions settled in USDC rather than the underlying preferred equity.

Swap apxUSD for other assets

After you buy apxUSD, you can trade it for fiat currencies and other cryptocurrencies. Kraken offers over 200 apxUSD trading pairs so you can move in and out of the market with ease.

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Crypto Asset General Risks

  • Investing in crypto assets is risky and each token can have its own set of risks. Below is a list of risks that generally apply to all crypto assets:
  • Volatility: The performance of crypto assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto assets.
  • Lack of protections: Crypto asset investments are unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will assist or protect you in the event something goes wrong with your crypto asset investments.
  • Liquidity: Some crypto asset markets may suffer for low liquidity which could prevent you buying or selling your crypto assets at the price you want or expect.
  • Complexity: Specific crypto assets may carry with them specific complex risks that are hard to understand. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well.


If you want to learn more about specific risks related to apxUSD, please visit our crypto asset statements page.

Learn more about apxUSD

Unlike traditional currencies, apxUSD is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining apxUSD. This decentralization means the holders and users of apxUSD can help to maintain the network.

Most find that the easiest and most secure way to purchase apxUSD is through a reliable cryptocurrency platform like Kraken. While apxUSD can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like apxUSD.

At the current market rate, it costs £0.74 to purchase one APXUSD. Kraken makes it easy to buy & sell apxUSD with confidence.

Yes, Kraken offers a secure and easy to buy £100 worth of apxUSD. At its current price, £100 equals 135.1147 APXUSD.

Kraken employs advanced security measures, including encryption and account protection, to ensure your apxUSD purchase is secure. However, while Kraken provides a secure platform, market volatility can still affect your apxUSD investment. You should do your own research on apxUSD price before buying.

The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, apxUSD may be a worthwhile purchase.

Kraken supports a variety of government-issued fiat currencies, including US Dollar (USD), Euro (EUR), Canadian Dollar (CAD), and others. For the full list of supported fiat currencies, please visit this article.

Kraken offers competitive fees for apxUSD transactions, which are influenced by the trading amount and payment type. Learn more about Kraken’s fee structure.

You can buy as little as £10 worth of apxUSD on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of apxUSD regularly.

To buy apxUSD with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like apxUSD, select PayPal as the method and connect your PayPal account if needed. Enter the deposit amount, confirm, and once funds are added, use them to purchase apxUSD.

You can buy apxUSD using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.

To buy apxUSD using a credit card issued by a bank in the UK, navigate to the "Buy Crypto" section, add your card details and follow the steps to finalize the transaction. Debit & credit card purchases are available to Kraken users with Intermediate or Pro level verified accounts and residence in a supported country. Kraken accepts Visa or Mastercard that support 3D Secure (3DS) which is in the same legal name as your Kraken account.

Kraken makes it easy to buyapxUSD using other cryptocurrencies. If the direct trading pair is not available, you can use Kraken's Convert feature to seamlessly swap any listed crypto for apxUSD. Browse the apxUSD markets available on Kraken or use the Convert tool to trade between hundreds of cryptocurrencies quickly and easily. For a complete list of trading pairs, visit the Kraken support center.

Yes, the apxUSD you buy on Kraken is yours. Kraken makes it easy to withdraw your apxUSD to any hot wallet or cold wallet that supports apxUSD. Simply enter the external wallet address and your apxUSD will be in your wallet a few moments later.

We take every measure possible to keep the apxUSD you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your apxUSD. Learn more about our globally-recognized security standards.

The current circulating supply of apxUSD is 184,974,143 APXUSD.

How to buy other crypto assets in the UK?

With so many assets to choose from, deciding which crypto to buy can seem overwhelming. We've put together guides for hundreds of top blockchain projects to help you navigate the process from A to Z. Take a look at more buying guides below.

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Bitcoin (BTC) is the world’s top crypto by market cap and has the potential to become a globally accepted digital store of value.

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Ethereum (ETH) is a decentralized application network that allows developers to create their own cryptocurrencies, NFTs and other applications.

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Tether (USDT) reserves consist of cash and cash equivalents and other short term deposits, amongst other assets as disclosed by Tether, with the aim to maintain a price of 1 USD per USDT.

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XRP (XRP) is a fast and low-cost payment network that is backed by extensive partnerships with some of the world’s largest financial institutions.

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Cardano (ADA) ​​is powered by Ouroboros, a protocol that its proponents claim has improved upon security, scalability and energy efficiency versus other proof-of-work predecessors, like Bitcoin.

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Dogecoin (DOGE) is a cryptocurrency focused on developing a strong community that features widespread recognition and a sense of humor.

Popular markets

Kraken lets you trade hundreds of cryptocurrencies beyond apxUSD. Check out some of the top trading pairs on Kraken today.

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Payward Ltd (trading as Kraken) is registered as a cryptoasset firm with the Financial Conduct Authority (FRN: 928768) registered office at 6th Floor, One London Wall, London, United Kingdom, EC2Y 5EB. Cryptoasset services offered by Payward Ltd are unregulated and not covered by the Financial Services Compensation Scheme as well as the FCA’s consumer protection regulations. Note the value of cryptoassets can go down as well as up, gains may be subject to Capital Gains Tax and there may be extra charges when paying via credit card from your provider.