The network is a DAG/blockchain hybrid that combines several consensus blockchains into a peer-to-peer network. Users can develop numerous blockchains and use them to support their business processes. At the same time, all produced blockchains are in the same address space, on the same network, and can get integrated without the use of gateways.
On November 9th, 2020, UBX became tradable for the first time. There are 1,000,000,000 of them in total. UBX now has a market capitalization of $1,317,618,046.78 USD. The current price of UBX is $0.00132, and it is number 537 on Coinmarketcap. It has recently increased by 58.94 percent.
In this article, we’ll take you to step by step through the process of purchasing UBX coin. Let’s get started.
- Sign up for the Fiat-to-Crypto Exchange.
To begin, you’ll need to purchase one of the major cryptocurrencies, in this case, Ethereum (ETH). In this essay, we’ll go over Uphold.com and Coinbase, two of the most popular fiat-to-crypto exchanges. We will go over the fee policies and other characteristics of both exchanges in depth. It gets recommended that you test both of them and choose which one is the best fit for you.
- Buy ETH with fiat money.
After you’ve finished the KYC process, you’ll get asked to select a payment option. Payments may get made by credit/debit card or bank transfer. You will pay more if you pay with a credit card, but you will be able to complete the transaction sooner. Many countries provide low-cost cash deposits, cheaper than bank transfers but take longer to complete. When you’re ready, go to the top left and click ‘Trade,’ then Ethereum.
- Transfer ETH to an Altcoin Exchange
But we’re not done yet; because UBX is an altcoin, we’ll need to move our ETH to an exchange where UBX can get exchanged; in this case, we’ll use KuCoin. KuCoin is a prominent alternative currency exchange with tradable cryptocurrency pairs.
KuCoin is a cryptocurrency exchange established in Seychelles (previously Hong Kong). KuCoin is a cryptocurrency created in September 2017 and claims to have a user base of 5 million people from over 200 countries and regions. Trading gets not prohibited for investors from the United States. If you are a US investor, however, you should always check to see if your home state has any prohibitions on your bitcoin trading abroad.
- Deposit ETH to exchange
Another KYC process may be required, which might take anywhere from 30 minutes to several days, depending on the exchange’s requirements. The technique, on the other hand, should be easy. Your exchange wallet should now be fully accessible to you.
The string of random numbers in the box on the right that says ‘ETH address’ is a unique public address of your KuCoin ETH wallet, and you can receive ETH by giving this address to the person who sent you the funds.
Return to Coinbase, go to the Portfolio page, choose ETH from your asset list, and click the right-hand ‘Send’ button.
Copy the card details using your computer and enter them into the Receiver section; for safety purposes, make sure the two credentials are similar. The following step is ‘Submit.’ As soon as you click the verification link in an email, your money will be on its journey to KuCoin.
- Trade UBX
Return to KuCoin and select ‘Exchange.’ There’s a search bar in the right column; make sure “ETH” gets chosen because we’re trading ETH for altcoins. When you click on it and type in “UBX,” you should see UBX/ETH appear. Select that pair, and a price chart for UBX/ETH should appear in the middle of the page.
A green button that says “Buy UBX” is located underneath the box. Select the “Market” tab inside the box, as this is the purchase order. You can either enter your amount or select a percentage of your deposit to spend on purchases by the percent buttons. Click “Buy UBX” once you’ve double-checked everything.
Other Exchange to Trade UBX Coin
Aside from the exchange(s) listed above, there are a few popular crypto exchanges with large user bases and decent daily trading volumes.
Gate.io was formed in 2017 and is a cryptocurrency exchange situated in the United States. US investors can trade here because the platform gets in the United States, and we recommend that US traders sign up. Both English and Chinese get supported by the exchange. The trade volume on Gate.io is likewise high. In terms of trade volume, it is nearly usually among the top 20 platforms.
Binance is a well-known cryptocurrency exchange that began in China before relocating to Malta, the EU’s cryptocurrency-friendly island. Binance gets noted for its crypto-to-crypto trading. Binance made its debut during the cryptocurrency boom of 2017 and has since risen to become the world’s most popular cryptocurrency exchange. Because Binance does not accept US investors, we recommend using one of the alternative exchanges listed on this page.
Store UBX securely in hardware wallets
To date, the safest option to store your funds is to use “Cold Wallets,” which only have access to the blockchain. In this case, a hardware wallet is unquestionably superior to a cold wallet. They are usually USB-enabled gadgets that keep your wallet’s important information in a more lasting manner. They get designed with military-grade security in mind, and their firmware is updated regularly by their producers, making them incredibly safe.
Other useful tools for trading UBX
Users are solely responsible for the security of their funds due to bitcoin’s decentralized structure. Using an encrypted VPN connection makes it complex for hackers to intercept or eavesdrop on your data, even if your cryptos get protected by a hardware wallet.
It provides military-grade encryption and has a CyberSec function that allows you to block harmful websites and advertisements. Depending on your current location, you can connect to one of 5000+ servers in 60+ countries, ensuring a smooth and secure connection.
Surfshark is a far less expensive choice if you require a secure VPN connection. Despite being a relatively new company, it now has over 3200 servers dispersed over 65 countries. Apart from VPN, it has other fantastic features, such as CleanWebTM, which actively blocks advertising, trackers, spyware, and phishing attempts when browsing on your browser.
Atlas VPN got created to give everyone unrestricted access to content. Atlas VPN aimed to be the first free VPN to integrate cutting-edge technology with a high level of security.
Crypto Ultimatum is a step-by-step training program that teaches you how to go from having no money to generating a fortune with cryptocurrency. The system employed changed a $100 bill into a $1006 bill. However, because the technique works so well, they turn this $1006 into a massive sum of $257,000 using Bitcoin and other cryptocurrencies!
The training is beneficial because it does not require technical knowledge. You don’t even need a lot of money to get started; you may begin with as little as $100. It uncovers all insider secrets and enables you to make money even if a total beginner. It also discusses how to avoid some of the scams. It explains where you can accomplish all of this trading and how you can make money in as little as 24 hours. You can also become an “altcoin” buyer and seller.
UBX, unlike other well-known cryptocurrencies, is not available for direct purchase with fiat cash, despite being listed on various crypto exchanges. This currency can still be purchased by first purchasing Ethereum on any fiat-to-crypto platform and then transferring your Ethereum to a market that deals in this coin. Stay connected with for more such information.