How to Buy Universal US Dollar (UPUSD)

A Step-by-Step-Guide on how to buy Universal US Dollar (UPUSD)

Step 1 – Join Kraken

In the beginning you'll need to buy one of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and to get Ethereum or Bitcoin.

Binance Signup
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Universal US Dollar (UPUSD) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

Make sure you've chosen the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find Universal US Dollar (UPUSD)

As soon as your deposit has been affirmed, you'll now have access to your assets and you can launch invest and trading. To invest in Universal US Dollar (UPUSD) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To discover Universal US Dollar (UPUSD), you'll need to put the cointype (UPUSD) into the search box, which is highlighted in the image. Be certain of having choosen the right pairing, we've highlighted this too. Click on “UPUSD/BTC” to go ahead.

Binance Hot To Buy Universal US Dollar (UPUSD)
Binance How to Buy (UPUSD) Universal US Dollar
Step 4 – Acquisition of Universal US Dollar (UPUSD)

As soon as you have located Universal US Dollar (UPUSD), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we're going to make our own Limit Order.

The ”Price” field will be filled with the most recent valuation Universal US Dollar (UPUSD) was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of UPUSD you wish to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the whole quantity of UPUSD.

If you are happy, click on “Buy UPUSD”. Your plan will be filled when a Seller trades their UPUSD for the price you offered.

Step 5 – Withdraw Universal US Dollar (UPUSD)

Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Trader for an extensive time period. To withdraw your Universal US Dollar (UPUSD), go to the ”Funds” tab and mouse click on “Withdraw”. Universal US Dollar (UPUSD) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Universal US Dollar (UPUSD) by using the provided drop-down box. Enter the volumen of Universal US Dollar (UPUSD) you would wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address.

When you're happy, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.

Binance Withdraw

Congrats! You have successfully purchased and safed Universal US Dollar (UPUSD).

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the (UPUSD) Universal US Dollar is stored inside your wallet, you are all done.

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