UCoin - access to your money! Anytime, anywhere

[Ucoin Currency]

What kind of problems does UCoin solve?

Let’s talk about what UCoin is and what market problems has this project been designed to solve?

The solutions that our “Ucoin Business Ecosystem (Ubis)” are aimed at popularizing cryptocurrencies and increasing their adoption globally. We believe that digital finance is the tool that modern society needs. Transparency, speed, and low cost of transactions are only surface-level benefits that users get to enjoy with digital currencies. However! Current coins cannot solve their entry barriers issues fully. A comprehensive solution to the adoption of cryptocurrency by the masses is needed. UCoin addresses critical barriers to crypto mass adoption bringing utility features that add value to customers and the industry with just a few clicks.

UCoin is an ERC20 utility token created to work in an ecosystem of business applications to have global circulation and address holder’s basic daily real-life transaction needs. UCoin is being launched with the pure vision of being available, usable, and valuable to everyone.

UCoin is issued with the support of a global financial services platform focused on the needs and trust of the public and ensured by the very technology it’s built on – blockchain.

Our goal is to integrate UCoin in daily and cross-border transactions. We want to ensure that every user has easy access to their money anytime, anywhere.

Learn more about UCoin on our website https://ucoincurrency.io/

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[Ucoin Currency]

What can you buy with cryptocurrency?

Recently cryptocurrency has been seeing a steady increase in popularity, and the number of users. Since almost all cryptocurrencies are, in essence, decentralised and anonymous electronic payment systems, it is easy to see why so many people consider crypto to be the future of money. We have all heard how very soon digital finance will replace cash, but how true is that?

We believe that is quite close to the truth! You can already buy a lot of things with crypto, and this market keeps growing! A Forbes reporter has even managed to pay for rides, dine at a luxury restaurant and tip a stripper with some satoshi.

You can buy a lot of things with crypto these days. To pay in crypto in real life, all you need is a crypto wallet and, obviously, some coins. Transactions go through very quickly, and we believe that crypto will keep getting integrated into our lives even more, which means the fields will keep growing further!

https://ucoincurrency.io/

[Ucoin Currency]

Cryptocurrency Market News Digest  11.04.2022 - 17.04.2022

In 2022 we continue our tradition! Every week UCoin publishes a short weekly cryptocurrency market news digest for you to stay informed on the latest trends. In this edition we look at what happened from 11 through 17 April 2022.

👉 Wikipedia Editors Consider Blocking Crypto Donations
👉Grayscale CEO Says That the SEC Should Have No Problem Approving A Spot Bitcoin ETF
👉 Beanstalk Farms loses $182M in DeFi governance exploit
👉 MetaMask warns Apple users over iCloud phishing attacks


Of course, there was more news last week, so if we missed an important story, feel free to let us know in the comments, and we will be happy to discuss it with you!

https://ucoincurrency.io/

[Ucoin Currency]

What is decentralization?

Did you know that today is the World Creativity and Innovation Day? Creative thinking and innovative approach is what helps the world solve problems, including the issues facing the financial market. This is why we would like to talk about one of the most disruptive innovations of the last decade: decentralization technologies.

Decentralization is a process of distributing the power among all the participants of a system, without a central governing body. Today, the majority of traditional financial and state systems are centralized, and this approach is plagued with flaws. The main issue is that they have points of failure: a security breach or a central server/facility malfunction negatively affects the rest of the system.

What do users get from decentralization?

Here are a few key advantages that users get from decentralized systems:

No need to trust a central authority that might be incompetent, vulnerable to attacks, or even have ill intentions.

Less censorship. Governments often restrict their citizens’ access to various websites and social media. Censoring traffic in a peer-to-peer network is much more difficult, because every package can be sent to every other node on the network, and they will relay this data further.

Most of the applications on the network are open source. Anyone can copy some or all of the code, and create their own applications with it. The more decentralized products come out, the more advantages and opportunities open up for the network users.

Proper economic incentives. Users who support the network get rewarded for it financially. The more support they provide, the more they are rewarded.

https://ucoincurrency.io/

[Ucoin Currency]

What is staking and how does it work?

Staking is a way of earning passive income, which fully replaces mining, allowing new blocks to be minted and transactions to be verified without using too much processing power.  Here is how it works: users stake some amount of their coins, which are then used to ensure the network validates its transactions correctly. While the coins are staked, they can’t be spent, but they generate yield, rewarding the staker.

Staking is, in some way, similar to a fixed-term bank deposit. The idea is the same: the client deposits money and can’t use it until the pre-established term runs out.

That makes it a great passive income option that puts your cryptocurrency to good use making you money!

https://ucoincurrency.io/

[Ucoin Currency]

Cryptocurrency Market News Digest  18.04.2022 - 24.04.2022

In 2022 we continue our tradition! Every week UCoin publishes a short weekly cryptocurrency market news digest for you to stay informed on the latest trends. In this edition we look at what happened from 18 through 24 April 2022.

👉 Microstrategy CEO dismisses rumors about the company selling its Bitcoin holding

👉 Coinbase CEO: Apple’s App Store is Restricting Innovation; Crypto-Compatible Devices Are the Future


👉 US government links $622 million stolen from Axie Infinity to more Ethereum wallets

👉Binance gave Putin regime information on users who donated to opposition leader Alexei Navalny

👉Grayscale Says a Lawsuit Against SEC Possible If ETF Application Rejected

Of course, there was more news last week, so if we missed an important story, feel free to let us know in the comments, and we will be happy to discuss it with you!


https://ucoincurrency.io/

[Ucoin Currency]

Problems when using crypto

Cryptocurrencies have forever changed how we view finance. However, despite the numerous pros, digital money has quite a few cons as well, including increased risk. Here’s what you are vulnerable to:

Malicious software (ransomware, viruses, phishing links);
Hacks (cryptocurrency exchanges are often targeted by cybercriminals);
Lack of legal framework (and therefore any kind of investment insurance);
Price volatility (unpredictable price swings);
Error transactions (getting just one symbol wrong means you send money somewhere else, with zero chance of reversal)

Everyone who deals in cryptocurrencies must always remember the risks that come with it and prepare accordingly. Make sure all of your bases are covered if you want your money to stay safe.

Stay cautious, because you can only find veritable information about UCoin at our official links.

💭To learn more about UCoin, visit our website at https://ucoincurrency.io   

💭You can easily buy or sell UCoin on the UBIS platform by following this link: https://ubisplatform.com/index.php/login   

💭You can also buy or sell coins on these exchanges:

📌LBANK
🎯 https://www.lbank.site/exchange/ucoin/usdt/#usd 

📌STEX
🎯 https://app.stex.com/en/basic-trade/pair/USDT/UCOIN/1D           
🎯 https://app.stex.com/en/basic-trade/pair/BTC/UCOIN/1D           

📌LATOKEN
🎯 https://latoken.com/exchange/UCOIN_USDT       
🎯 https://latoken.com/exchange/UCOIN_BTC     

[Ucoin Currency]

How does Ubis work?

Ubis is a UCoin platform where you can easily store, sell or buy crypto. You can also buy and sell UCoin tokens on the Ubis platform with just a few clicks.

The Ubis Platform grants Access to your money anytime, anywhere. It is the main source for the issuance, achievement, disclosure, and use of all the services that will involve our ecosystem.

Our goal is for UCoin to have a comfortable global presence and recognition, with active consumers all around the world storing funds on a digital platform, sending and receiving currency anytime, anywhere.

The Ubis platform features such coins as:

Bitcoin (BTC)
Ethereum (ETH)
Tether (USDT)
Tron (TRX)
UCoin (UCOIN)
You can also use some fiat currencies.

Simply visit our website, sign up for Ubis and start transacting!
https://ucoincurrency.io/ubis   

[Ucoin Currency]

📣Cryptocurrency Market News Digest  25.04.2022 - 01.05.2022

📚In 2022 we continue our tradition! Every week UCoin publishes a short weekly cryptocurrency market news digest for you to stay informed on the latest trends. In this edition we look at what happened from 25 April  through 01 May 2022.

👉 Warren Buffett and Charlie Munger called out stock-market gamblers, dismissed bitcoin as worthless, and underlined the risks of inflation.
👉 Hackers Steal $80 Million From DeFi Platforms Fei Protocol And Rari Capital
👉 Belgium’s FSMA takes initiative to regulate crypto-businesses, services
👉The Wikimedia Foundation has stopped accepting cryptocurrency donations


💭Of course, there was more news last week, so if we missed an important story, feel free to let us know in the comments, and we will be happy to discuss it with you!

https://ucoincurrency.io/

[Ucoin Currency]

Ureward — Get Even More Tokens

Have you heard of our Ureward program? If not, make sure you follow the link at https://ucoincurrency.io/ureward/ , and in the meantime we’ll tell you a bit about the program! It’s very simple: tell people about the Ureward program, enter Ubis platform and go to the Ureward section, copy your referral code and as more people enter with it, more tokens you win.

Our coins allow making all kinds of transactions users may need in their day-to-day lives, as we’re becoming the link connecting the world of finance with the world of technology.

What do I need to do to earn participation rewards?

If you want to see the reward program, go to the menu section, reward option. The page will display a referral link, which you can copy and send to your friends and family and invite them to join the Ucoin community, in addition to the bonus offered by Ucoin for sharing the referral link. Promotions are updated periodically so we recommend being attentive to the official communication channels.

https://ucoincurrency.io/

[Ucoin Currency]

Events Blockchain and Cryptocurrency for May 2022!

Curious about the Blockchain and Cryptocurrency craze? We’re eager to share with you a list of some important cryptocurrency events scheduled for May 2022!

Whether you are a blockchain nerd, a savvy investor or someone interested in deepening their toes into this new craze, our list of Blockchain and Cryptocurrency Conferences & Summits will keep you informed about the latest news!

May 2-5, 2022: IEEE International Conference on Blockchain and Cryptocurrency (Shanghai, CHINA)
May 4-5, 2022: Reinventing the Financial Experience Through Digital Innovation (Online)
May 10-12, 2022: CROSSTECH EMEA (Istanbul, TURKEY) 
May 11-12, 2022: Blockchain Expo North America (Santa Clara, CA) 
May 17-19, 2022: Permissionless (Palm Beach, FL)
May 18, 2022: Shred the System: Driving the Crypto & Blockchain Revolution (Online)
May 23-25, 2022: Israel Crypto Conference 2022 (Tel Aviv, ISRAEL) 
May 24, 2022: DC Blockchain Summit (Washington, D.C.)
May 25-27, 2022: Blockchain & Sustainable Economic Growth (Washington, D.C.)

https://ucoincurrency.io/

[Ucoin Currency]

Cryptocurrency Market News Digest 02.05.2022 - 08.05.2022

In 2022 we continue our tradition! Every week UCoin publishes a short weekly cryptocurrency market news digest for you to stay informed on the latest trends. In this edition we look at what happened from 02 through 08 May 2022.

👉 Google Cloud Establishes a New Team for Web3 Infrastructure
👉 Nvidia fined US$5.5m for not disclosing GPU cryptomining sales
👉  Africa’s leap into bitcoin leaves its people bemused
👉 NFT markets slump as weekly sales volume dives 30%


Of course, there was more news last week, so if we missed an important story, feel free to let us know in the comments, and we will be happy to discuss it with you!

https://ucoincurrency.io/

[Ucoin Currency]

UCoin digital assets for the future of finance

We believe that the future belongs to digital assets, especially those that are at the beginning of their ascent to the top. Why? It’s very simple! Digital money gives you a lot more opportunities!

UCoin is not just a coin — it’s the fuel of our ecosystem that ensures our platform is super convenient and beneficial to use. Current coins cannot solve their entry barriers issues fully. Ucoin addresses critical barriers to crypto mass adoption bringing utility features that add value to customers and the industry with just a few clicks.

We want to make UCoin as transparent as possible for our users to be able to track all transactions, and we strive to live up to the trust our users put into the UCoin project. UCoin funds and assets collected and/or purchased by UCI will be managed and audited through financial and legal international renowned business entities, to secure transparency and accountability at all times. Enjoying access to your money anytime is the main goal of our project!

https://ucoincurrency.io/

[Ucoin Currency]

What is blockchain technology?

Blockchain is a database that stores a constantly growing list of records (blocks). These records are organized in a strict sequence, and each subsequent record stores some information about the previous record. Such a database is stored on users ' computers (it does not have a single server) and everyone who keeps the database has its full copy and new records are added to all existing copies.

The blockchain is there to protect us from fraud within the network, making the transaction very easy and transparent!

Today there are hundreds of blockchains in the world, but today we’ll focus on a few of them:

Bitcoin. Despite being the network that pioneered blockchain, Bitcoin doesn’t feature smart contracts.

Ethereum. Its main goal is to offer more than just another currency, but enable those using it a way to pre-program entire systems of interaction between addresses and tokens, which leads to such things as trustless smart contracts that eliminate the need for intermediaries.

Binance Smart Chain relies on a network of 21 validators, powered by the Proof of Staked Authority (PoSA) consensus algorithm that results in short block times and low fees.

Solana. An open-source blockchain designed for scalable decentralized applications.

Cardano – the first to be founded on peer-reviewed research and developed through evidence-based methods.

https://ucoincurrency.io/

[Ucoin Currency]

Cryptocurrency Market News Digest 08.05.2022 - 15.05.2022


In 2022 we continue our tradition! Every week UCoin publishes a short weekly cryptocurrency market news digest for you to stay informed on the latest trends. In this edition we look at what happened from 08 through 19 May 2022.

👉 Axie Infinity price is on its way to $10
👉 THE METAVERSE HAS THE POWER TO IMPROVE HEALTHCARE, AND IT HAS ALREADY BEGUN
👉 Vitalik and CZ Have Some Thoughts on Terra’s Demise
👉 LUNA and UST Communities Become Targets of Scams Promising Refunds On Their Terra Investments
 
Of course, there was more news last week, so if we missed an important story, feel free to let us know in the comments, and we will be happy to discuss it with you!

 https://ucoincurrency.io/

[Ucoin Currency]

Dear Ucoin Community,


We are aware of the lack of activity on our side and we understand your concern with the future of the project. We believe it is time for you to know the reasons behind this delay. We want to assure our community that the UCoin project will continue with improvements to come in the near future.

It is of public knowledge that some of our roadmap targets have not been achieved and thus the project in general has been delayed. This is because we suffered the loss of our CEO, Mr. Pedro Viera, and consequently our directors committee has taken some time for the proper restructuring. You will hear from us in the coming days announcing future changes and even consulting with you all about proposals and potential changes.

UCoin will continue to work to comply with past proposals and to not furtherly let down our beloved community that has been following us since the beginning.

Sincerely

UCoin Team

https://ucoincurrency.io/

[Ucoin Currency]

Why is the market volatile?

Volatility refers to the rapid changes in cryptocurrency’s market price.

Why are cryptocurrencies so volatile?

The entire cryptocurrency market and other digital assets lack regulation and universal classification. With that said, every asset’s growth is dependent on speculation. It conceptualizes the hope and greed cycles that every investor goes through.

The cryptocurrency industry attracts younger and younger audiences that lack maturity, which leads to increased volatility on the market as its participants react to less and less significant events.

There are other factors that drive volatility, but these are the key ones at this time!


📌 https://ucoincurrency.io/

[Ucoin Currency]

Cryptocurrency Market News Digest 16.05.2022 - 23.05.2022

In 2022 we continue our tradition! Every week UCoin publishes a short weekly cryptocurrency market news digest for you to stay informed on the latest trends. In this edition we look at what happened from 16 through 23 May 2022.

👉 OpenSea launches Seaport   marketplace protocol allowing NFT bartering
👉 Web3: The New Wave For Africa’s Digital Economy
👉 Elon Musk deep fakes promote new cryptocurrency scam
👉 Binance CEO refutes claims of insider trading as it floods the crypto market
👉 Binance CEO: Luna and UST "Was Just Stupid"


Of course, there was more news last week, so if we missed an important story, feel free to let us know in the comments, and we will be happy to discuss it with you!

https://ucoincurrency.io/

[Ucoin Currency]

What are ETH smart contracts?

Smart contracts are applications that run on the Ethereum Virtual Machine (EVM). These are applications that are executed automatically upon fulfilling certain prerequisites set by their programmers.

Smart contract advantages include a built-in protection from the human factor. Nobody can tamper with a smart contract, and there is no need to trust the third party to release money on time or validate a transaction. What’s also important is that the contract runs on the blockchain, and will continue to work for as long as there is electricity and the Internet on the planet, regardless of the status of the developer's website or other external factors.

Smart contracts are used for a myriad of applications, from data storage to crowdfunding. With that said, they are completely transparent and anyone can monitor the current state of the smart contract as well as audit all the transactions it has been a part of through a blockchain explorer such as Etherscan.

https://ucoincurrency.io/

[Ucoin Currency]

What HODL stands for!

This phrase can often be heard in our chats, but why is it spelled like that, “HODL” instead of “HOLD”? This fateful typo was first made by a Bitcointalk user GameKyuubi in 2013. It caught on so well it became the de-facto motto of all long-term crypto investors.

Today the word is widely used whenever there is a decline on the market to reassure everyone to keep holding without panic. This word is commonly in this particular phrase: “BUY AND HODL”. This investment strategy is one of the simplest out there as it implies steadfast holding regardless of market perturbations. “Hodlers” are those who maintain composure in the face of market-shaking dumps. The more hodlers out there, the better it is for the entire market!

 https://ucoincurrency.io/