- What is UTNP?
- Step 1: Register on Coinbase
- Step 2: Buy coins with fiat money
- Step 3: Transfer your cryptos to an Altcoin Exchange
- Step 4: Deposit BTC to exchange
- Step 5: Trade UTNP
- Last Step: Store UTNP securely in hardware wallets
- Other useful tools for trading UTNP
- Frequently Asked Questions
- Latest News for UTNP
What is UTNP?
Universa (UTNP) is a cryptocurrency token and operates on the Ethereum platform. Universa has a current supply of 4,997,891,952 with 3,157,976,430 in circulation. The last known price of Universa is $0.001907 USD and is up 2.59% over the last 24 hours. It is currently trading on 6 active market(s) with $55,343.47 traded over the last 24 hours. More information can be found at https://universablockchain.com/.
Currently, UTNP is being ranked 624 on Coinmarketcap and has recently surged a hefty 25.96% at the time of writing.
UTNP 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 Bitcoin from any large 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 UTNP.
Step 1: Register on Coinbase
Step 2: Buy coins with fiat money
Step 3: Transfer your cryptos to an Altcoin Exchange
But we are not done yet, since UTNP is an altcoin we need to transfer our coins to an exchange that UTNP can be traded, here we will use Bitfinex as our exchange. Bitfinex is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. Use the link below to register your new account.
Step 4: Deposit BTC to exchange
If this is your first time making a crypto deposit, the screen here may look a bit scary. But don't worry, it's basically simpler than making a bank transfer. At the box on the right, you will see a string of random numbers saying 'BTC address', this is a unique public address of your Bitcoin wallet at Bitfinex and you can receive Bitcoin by giving this address to the person to send you the funds. Since we are now transferring our previously bought bitcoin on Coinbase to this wallet, click on 'Copy Address' or right-click on the full address and click copy to grab this address to your clipboard.
Click 'Send' to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to Bitfinex!
Now go back to Bitfinex and head to your exchange wallets, do worry if you haven't seen your deposit here. It is probably still being verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the network traffic condition of the Bitcoin network, during busy times it may take even longer.
You should receive a confirmation notification from Bitfinex once your deposit has arrived. And you are now finally ready to purchase UTNP!
Step 5: Trade UTNP
Go back to Bitfinex, then go to 'Exchange'. Boom! What a view! The constantly flicking figures might be a bit scary, but relax, let's get our heads around this.
In the right column there is a search bar, now make sure "BTC" is selected as we are trading BTC to altcoin pair. Click on it and type in "UTNP", you should see UTNP/BTC, select that pair and you should see a price chart of UTNP/BTC in the middle of the page.
Below there is a box with a green button that says "Buy UTNP", inside of the box, choose the "Market" tab here as that is the most straight-forward type of buying orders. You can either type in your amount or choose what portion of your BTC deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click "Buy UTNP". Voila! You have finally bought UTNP!
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once UTNP gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Last Step: Store UTNP securely in hardware wallets
Ledger Nano S
- Easy to set up and friendly interface
- Can be used with smartphone and tablet
- Lightweight and Portable with built-in rechargeable battery
- Support most blockchains and wide range of (ERC-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Trezor One White
- Thousands of tokens/cryptos supported
- Rich documentation online available
- Open-sourced firmware
If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your UTNP 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.
Other useful tools for trading UTNP
Frequently Asked Questions
Can I buy UTNP with cash?
There is no direct way to buy UTNP with cash. However, you can use marketplaces such as LocalBitcoins to first purchase Bitcoin, and finish the rest of the steps by transferring your bitcoin to respective AltCoin exchanges.