How to Buy Universal Currency (UNIT)

A Step-by-Step-Guide on how to buy Universal Currency (UNIT)

Step 1 – Signup to eToro

In the beginning you'll need to buy one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting yBitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Universal Currency (UNIT) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

Make sure you've selected the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Locate (UNIT) Universal Currency

Once your deposit has been approved, you will immediately have access to your funds and you can commence invest and trading. To purchase (UNIT) Universal Currency on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To spot (UNIT) Universal Currency, you will need to put the shortname of the coin (UNIT) into the search-box, which is highlighted in the image. Be certain of having choosen the correct pairing, we've highlighted this too. Click on “UNIT/BTC” to progress.

Binance How To Buy 1 Universal Currency (UNIT)
Step 4 – Buying Universal Currency (UNIT)

As soon as you've located (UNIT) Universal Currency, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are making our Limit Order.

The “Price” field will be filled automatically with the most recent valuation (UNIT) Universal Currency was traded for. This can be changed to your favoured price. The “Amount” field is the quantity of UNIT you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole amount of UNIT.

When you are happy, click on “Buy UNIT”. Your plan will be filled as soon as a Vendor sells their UNIT for the price you offered.

Step 5 – Withdraw Universal Currency (UNIT)

Unless you are regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your (UNIT) Universal Currency, go to the tab called “Funds” and click on “Withdraw”. Universal Currency (UNIT) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Universal Currency (UNIT) by using the provided drop-down box. Enter the amount of (UNIT) Universal Currency you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address.

When you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.

Kudos! You have successfully purchased and safed Universal Currency (UNIT).

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the Universal Currency (UNIT) is safe inside your wallet, you are finished.