How and Where to Buy The Truth (UFO) – Detailed Guide
- What is UFO?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy ETH with fiat money
- Step 3: Transfer ETH to an Altcoin Exchange
- Step 4: Deposit ETH to exchange
- Step 5: Trade UFO
- Last Step: Store UFO securely in hardware wallets
- Other useful tools for trading UFO
- Frequently Asked Questions
- Latest News for UFO
- UFO Price Prediction and Price Movement
What is UFO?
To find out even more about this project, check out our deep dive of UFO Gaming.
What Is UFO Gaming (UFO)?
UFO Gaming is a decentralized gaming platform with play-to-earn elements, NFTs, and DeFi functionality like staking. Its first game is Super Galactic, an RPG/arcade action game with its own NFT collection combined with an auto battler. UFO Gaming is built on Ethereum, but its games are integrated with Immutable X, a layer-two scaling solution for NFT projects on Ethereum.
Players can participate in UFO Gaming by minting playable characters in the form of NFTs called UFOeps. This is done by farming the in-game utility points called Plasma Points with the native UFO token. With UFOeps, players battle against a hostile alien race in a scavenged world to defend world peace and tranquility while earning rewards for completing daily quests. UFOeps can also be leveled up and later sold on the UFO Gaming marketplace.
After completing its launch phase in Q3 2021, UFO Gaming is currently in its growth phase and listing on different exchanges and launching partnerships. In the future, the developers plan an expansion phase that will see the launch of its marketplace, breeding between different NFTs, the introduction of virtual land, and the release of its first game Super Galactic. This will be followed by the launch of a metaverse, a partnership reveal with a game studio, new games, and a DEX integrated with the platform.
Who Are the Founders of UFO Gaming?
The founders of UFO Gaming are unknown; however, they claim to have produced a range of games over the past six years in the game development sphere. The team is also supposedly experienced in crypto, with most of them being in the space since 2014. The focus is on a long-term driven approach that concentrates on UFO Gaming being built at the frontier of blockchain gaming.
UFO Gaming has sealed several high-impact partnerships with projects such as Kadena, Merit Circle, Citizen X, Polygon, and ShibaSwap.
What Makes UFO Gaming Unique?
Despite its superficial similarities with other play-to-earn games, UFO Gaming tries to set itself apart by an intricate in-game economy that combines NFT minting and GameFi quests.
In the so-called Cosmos Event, players get to mint Origin UFOeps, which are the rarest and most valuable NFTs in the ecosystem. Over time, the probability to mint an Origin UFOep decreases. Origin UFOeps can only be bought with Plasma Points, equivalent to experience points, and generated through the Super Galactic staking dApp. Plasma points are also required to access the game. Players can attain Plasma Points by staking their UFO in a single-staking UFO vault or a UFO-ETH liquidity pool. The $UFO single-stake pool holds 25% of the pool, while the UFO-ETH LP pool holds 75% of the total pool.
UFOeps are central to playing Super Galactic, the RPG/arcade action/ARG game, where you can battle and breed digital super soldiers. Each UFOeps has a uniquely generated power force known as Spirit Force. If a player did not manage to mint an UFOeps, they can buy one with UAP, the game’s third token used for merging NFTs. UAP can also be earned for completing missions and daily quests, with a rating system rewarding players for their daily interactions.
Lastly, UFOeps follow a detailed rating system with several classes distinguishing between higher-ranked and lower-ranked soldiers. New soldiers can be bred by fusing two old ones and completing daily quests can improve a soldier’s ranking.
Related Pages:
Check out Ultra (UOS) — a gaming ecosystem and launchpad.
Check out MyNeighborAlice (ALICE) — a farming game on the blockchain.
Read our deep dive into UFO Gaming.
Get the latest crypto news and latest trading insights with the CoinMarketCap blog.
How Many UFO Gaming (UFO) Coins Are There in Circulation?
Players can earn through minting and selling NFTs, selling land and accessories, and completing quests. UFO Gaming uses a three-token ecosystem:
- UFO is used to connect the different tokens and can be staked in the single-staking pools or UFO/ETH liquidity pools to mint NFTs.
- Plasma Points can be earned from staking and are used to buy soldiers (UFOeps).
- UAP is needed to breed soldiers and complete daily quests and missions. In contrast to Plasma Points, UAP can be exchanged for other cryptocurrencies like UFO.
All UFO has been launched without pre-mines or pre-sales and is 100% community-owned. 50% was added to the Uniswap liquidity pool and 50% was burned on TGE. The total supply of UFO is 51.5 trillion.
How Is the UFO Gaming Network Secured?
UFO Gaming is built on Immutable X, a layer-two scaling solution for NFTs on Ethereum. Immutable X uses Zk-rollups to achieve a much higher transaction speed than Ethereum (9,000 tps) at zero gas fees while not compromising security. In doing so, it aims to become the go-to blockchain for NFT-based games.
UFO is a ERC-20 token on Ethereum.
Where Can You Buy UFO Gaming (UFO)?
UFO is available on KuCoin, Gate.io, Uniswap (V2), LBank and MEXC.
UFO was first tradable on 30th Jun, 2021. It has a total supply of unknown. As of right now UFO has a market capitalization of USD $298,904,764.02. The current price of UFO is $0.00000580 and is ranked 2758 on Coinmarketcap and has recently surged 45.94 percent at the time of writing.
UFO has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Ethereum from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy UFO.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, Ethereum (ETH). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.
Select Fiat-to-Crypto Exchange for details:
- UpHold
Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:
- Easy to buy and trade among multiple assets, more than 50 and still adding
- Currently more than 7M users worldwide
- You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
- Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
- No hidden fees and any other account fees
- There are limited buy/sell orders for more advanced users
- You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
- USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.
You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.
Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.
Step 2: Buy ETH with fiat money
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.
Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose Ethereum, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.
Step 3: Transfer ETH to an Altcoin Exchange
But we are not done yet, since UFO is an altcoin we need to transfer our ETH to an exchange that UFO can be traded. Below is a list of exchanges that offers to trade UFO in various market pairs, head to their websites and register for an account.
Once finished you will then need to deposit ETH to the exchange from UpHold. After the deposit is confirmed you may then purchase UFO from the exchange view.
Last Step: Store UFO securely in hardware wallets
Ledger Nano S
- Easy to set up and friendly interface
- Can be used on desktops and laptops
- Lightweight and Portable
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Ledger Nano X
- More powerful secure element chip (ST33) than Ledger Nano S
- Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
- Lightweight and Portable with built-in rechargeable battery
- Larger screen
- More storage space than Ledger Nano S
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your UFO for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.
Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.
Frequently Asked Questions
Can I buy UFO with cash?
There is no direct way to buy UFO with cash. However, you can use marketplaces such as LocalBitcoins to first purchase ETH, and finish the rest of the steps by transferring your ETH to respective AltCoin exchanges.
LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
Are there any quick ways to buy UFO in Europe?
Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.
Are there any alternative platforms to buy UFO or Bitcoin with credit cards?
Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.
Read more on The Truth's fundamentals and current price here.
Latest News for UFO
