Crypto Buying Tips

How and Where to Buy UniWorld (UNW) – Detailed Guide

What is UNW?

What is UniChain?

Unichain is the public blockchain platform which was officially launched in June 2020. It is designed for highly scalable capacity, security and aims for real applications with simplicity and friendliness for everyone to use.

What are the unique features of UniChain?

  • UniChain uses the DPOS- Hotstuff consensus algorithm which saves the world’s energy while keeping the decentralization and security features.

  • UniChain is designed for high scalability, the transaction throughput can be increased easily by adding the sidechain in the future.

  • The native token (URC-30) can be issued easily and unlike tokens from other platforms, URC-30 token does not need users to have native coin (as transaction fee or gas) to transfer the token.

  • Not only the blockchain core but also the whole ecosystem such as wallet, explorer, bridge, token tool, validator tools, dapp store …

Who are the owners of UniChain?

UniWorld and Unilab DAO Network are the UniChain creators but like many other public blockchain platforms, UniChain will be developed and managed by the community.

UniWorld is an ecosystem that combines the AI and blockchain technologies to create a truly smart society where the users experience and privacy are respected. UniWord's vision and philosophy are “All values created by people are for people’s happiness” and “Innovating, Connecting and Sharing, respectively.

UniWorld and Unilab DAO Network (established in 2013) members mainly from Japan, Canada, Hungary, Singapore, Poland, Russia and Vietnam. The UniWorld HQ is located in Singapore, the core team members are as follows:

  • Daika Ginza is a Founder, Chairman and CEO, Serial entrepreneur of various startups - expert in venture builder. Successfully managed an investment portfolio in real estate, cryptos.

  • Henry is a Co-founder & CTO (Blockchain), Former Chief Technology Officer at TranData (FPT Software). Built the blockchain solution architecture for one of the largest airlines in the world. Led the structure design for private blockchain of the top technology company in Vietnam.

  • Nguyen Dinh Thang is a Co-founder & CVIO, Former Chairman of Lien Viet Post Bank, one of Vietnam’s top second generation of IT experts. He co-founded and made Lien Viet Post Bank in the top 10 biggest private commercial banks in Vietnam in terms of assets and equity. One of the pioneers in approaching, introducing and teaching the first programming languages (DOS 1.0, Dbase II) in Vietnam. Led the IBM Vietnam’s coding department serving IBM clients after the Vietnam war.

  • Anh Tran is a Co-founder & CFO, Former vice CEO of Vietnam International Bank, managerial positions at Standard Chartered Bank, MUFG Bank, Ltd. Bootstrapped startups in IT and telecommunications. Built one of the first social networks for businesses in the world.

  • Nobuyuki Sato is a Co-founder, CSO & Japan Representative, Former General Manager at Mitsubishi Corporation, former Managing Director of Japan Cash Machine (JCM) Europe GmbH, Düsseldorf, Germany; Established various start-ups during his tenure at Mitsubishi, including J/V with Israeli high-tech up in IT area, incubation & corporate V/C.

  • [James Sutherland] is a Co-founder & CTO (AI),Former architect of Oracle TopLink and committer on EclipseLink. At Oracle James worked as a lead developer and the architect of the TopLink product and worked on TopLink's integration into Oracle iAS, Oracle WebLogic, and Oracle Glassfish.

What is UNW?

UNW is the native coin in the UniChain network. It can be used for transaction fees, incentive and voting mechanisms, protecting the network from spammers … The initial supply is 1,000,000,000 (one billion) UNW. The maximum inflation rate is around 2% p.a., but as the coin will be burnt when there are more transactions in the network, it is expected that the inflation rate will be nearly around 0% or even negative.

UNW was first tradable on 10th Nov, 2020. It has a total supply of 1,000,000,000. As of right now UNW has a market capitalization of USD $2,901,355.43. The current price of UNW is $0.00290 and is ranked 7918 on Coinmarketcap and has recently surged 258.20 percent at the time of writing.

UNW 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 USDT 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 UNW.

Step 1: Register on Fiat-to-Crypto Exchange

You will have to first buy one of the major cryptocurrencies, in this case, USDT (USDT). 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.

uphold

Suitable for US traders

Select Fiat-to-Crypto Exchange for details:

UNW

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.
Show Details Steps ▾
UNW

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.

UNW

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.

UNW

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 USDT with fiat money

UNW

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.

UNW

Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose USDT, 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 USDT to an Altcoin Exchange

But we are not done yet, since UNW is an altcoin we need to transfer our USDT to an exchange that UNW can be traded. Below is a list of exchanges that offers to trade UNW in various market pairs, head to their websites and register for an account.

Once finished you will then need to deposit USDT to the exchange from UpHold. After the deposit is confirmed you may then purchase UNW from the exchange view.

Exchange
Market Pair
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UNW/USDT
UNW/USDT
UNW/USDT

Last Step: Store UNW securely in hardware wallets

Ledger Nano S

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

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 UNW 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 UNW with cash?

There is no direct way to buy UNW with cash. However, you can use marketplaces such as LocalBitcoins to first purchase USDT, and finish the rest of the steps by transferring your USDT 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 UNW 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 UNW 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 UniWorld's fundamentals and current price here.

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