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UnitEx — Deposit and Withdrawal of balance

CryptoUnit WCRU
6 min readAug 28, 2021
UnitEx — Deposit and Withdrawal of balance

UnitEx is a crypto exchange that allows anyone to buy and sell tokens of blockchain CryptoUnit. Holders of unfrozen CRU tokens can sell them on the UnitEx exchange (at the market price). And everyone who wants to receive unfrozen CRU tokens can purchase them from other participants through the exchange. In addition, UNTB tokens, as well as popular cryptocurrency tokens such as BTC, ETH and EOS, are available for exchange on the exchange. In the future, other tokens will also be added to the UnitEx exchange, including the Cryptounit WCRU security tokens (only unfrozen).

Trading on the UnitEx exchange is paired with the USDU token — the stablecoin from UGPay Group AG. 1 USDU = 1 USD. Read more about USDU tokens here.

All articles on the UnitEx exchange:

If you have not yet registered and verified your account on the UnitEx exchange, be sure to read the instructions “Registration and Verification of your account on the UnitEx exchange” — the link above.

Deposit of balance on the UnitEx exchange

1) Log in to the UnitEx website by filling in “Email” and “Password”.

2) Go to the “Balances” section by clicking the wallet icon.

UnitEx Exchange — Balances and deposits
Fig. 1. UnitEx Exchange — Balances and deposits

3) To deposit your balance, click the “Deposit” button — opposite the token or currency, the balance of which you want to top up. At the moment, deposit is available with USD and EUR currencies, as well as with CRU, UNTB, USDU, BTC, EOS, ETH tokens. Let’s take a closer look at some of the options.

  • USD Deposit: enter the amount to be deposited and click “Add deposit”.
Deposit balance UnitEx Exchange with USD
Fig. 2 — Deposit balance UnitEx Exchange with USD

Next, the Quantum Clearance payment gateway page will open, where you can pay with a Visa, MastrerCard, for this you need to enter the Card number, Name on card, Expiry date and CVC card code.

Deposit balance UnitEx exchange with a payment card through Quantum Clearance
Fig. 3 — Deposit balance UnitEx exchange with a payment card through Quantum Clearance
  • CRU Deposit: make a transfer of CRU tokens to the specified exchange wallet address (in Fig. 4: exchangewall). When transferring, be sure to fill in the Memo field, indicating the code that appears in your UnitEx exchange account.
Deposit balance UnitEx Exchange with CRU tokens
Fig. 4 — Deposit balance UnitEx Exchange with CRU tokens
  • To transfer CRU tokens to the UnitEx go to your crypto wallet on the Cryptounit blockchain in the “Send” section, specify the transfer amount and the details that are displayed in your UnitEx account.
Sending CRU tokens to UnitEx
Fig. 5 — Sending CRU tokens to UnitEx
  • BTC Deposit: make a transfer of BTC tokens (Bitcoin) to the specified exchange wallet address.
Deposit balance UnitEx Exchange with BTC tokens (Bitcoin)
Fig. 6 — Deposit balance UnitEx Exchange with BTC tokens (Bitcoin)

Withdrawal from the UnitEx exchange

  1. Log in to the UnitEx exchange website and go to the “Balances” section by clicking the wallet icon.
UnitEx Exchange — Balances and deposits
Fig. 7. UnitEx Exchange — Balances and deposits

2) Click the “Withdrawal” button opposite the token that you want to withdraw. At the moment, withdrawal is available for CRU, UNTB, USDU, BTC, EOS, ETH tokens. Let’s take a closer look at some of the options.

  • CRU Withdrawal: specify the address of your wallet on the Cryptounit blockchain (consists of 12 characters) and the number of tokens you want to withdraw. Similarly, the withdrawal of UNTB, USDU tokens occurs.

Consider the commission of the exchange when specifying the amount, as well as the fact that there is a limit on the minimum withdrawal amount on the exchange.

The “Your Cryptounit Memo” field is used to add a note to the MEMO service field for the current transaction, if you withdraw CRU tokens to your wallet, then this field can be left blank.

Withdrawal of CRU tokens from the UnitEx exchange
Fig. 8 — Withdrawal of CRU tokens from the UnitEx exchange
  • BTC Withdrawal: enter your BTC (Bitcoin) wallet address and withdrawal amount.

Consider the commission of the exchange when specifying the amount, as well as the fact that there is a limit on the minimum withdrawal amount on the exchange.

Withdrawal of BTC tokens (Bitcoin) from the UnitEx exchange
Fig. 9 — Withdrawal of BTC tokens (Bitcoin) from the UnitEx exchange

How to exchange tokens for cash?

The possibility of direct withdrawal of USD or EUR currency from the UnitEx exchange will appear later. You can wait until such an opportunity appears or you can already exchange your Cryptounit tokens on the UnitEx exchange for BTC, ETH or EOS tokens, and then exchange them for cash through third-party services.

How to exchange BTC, ETH or EOS through exchange sites?

There are many sites of currency exchangers where you can exchange BTC, ETH or EOS tokens for cash or electronic money, and it is also possible to get money on a bank card. You can find such exchangers on the Internet yourself, but the best way to choose an exchanger with the best exchange rate is to use the BestChange exchanger monitor. Specify there the tokens that you are giving and the currency you want to receive and you will see a list of exchangers. At the top of the list are exchanger sites with the most favorable exchange rates, click on any of these exchangers and its site will open, where you can make an exchange. Pay also attention to the fact that the selected exchanger has a large number of positive reviews in the “Отзывы” column (in Fig. 10, the “ВТС-Волга” exchanger has 181 positive reviews).

Fig. 10 — Choosing an exchanger with the best rate

You will need to transfer your tokens to the wallet of the exchange site, and and he will transfer money to you. When on the UnitEx exchange you apply for the withdrawal of BTC, ETH or EOS tokens, it is better not to withdraw them directly to the wallet of the exchange site. Exchanger sites usually expect a transfer from you within a few hours, if the UnitEx exchange takes a long time to process your request for withdrawal, then you risk that the exchanger will cancel your request without waiting for the receipt of tokens. It is better to withdraw BTC, ETH or EOS tokens first to your wallet, and then transfer from it to the wallet of the exchanger website. On the Internet, you can find instructions on how to get yourself a wallet for BTC, ETH or EOS tokens.

How do I exchange BTC, ETH or EOS through other crypto exchanges?

There are many cryptocurrency exchanges that allow you to exchange BTC, ETH or EOS cryptocurrencies. From your UnitEx account, you can withdraw tokens directly to the account of some other crypto-exchange, make an exchange there and then withdraw money.

For these purposes, is suitable the Binance exchange — one of the most popular and largest crypto exchanges in the world. After the exchange your tokens, you can withdraw the currency USD (SWIFT), EUR (SEPA, Visa / MC cards, AdvCash), UAH (AdvCash, Visa / MC cards), RUB (AdvCash, PAYEER, Visa / MC cards), etc. Of the advantages of this exchange, one can note low commissions, of the disadvantages — a rather complex interface, it can be difficult for beginners to understand the many sections of this exchange.

The Exmo exchange, also a popular crypto exchange, is also suitable for these purposes. It has a pleasant interface and it is much easier for a beginner to figure it out here than with the Binance exchange. After exchange your tokens, you can withdraw the currency USD (SWIFT, AdvCash, PAYEER), EUR (SWIFT, SEPA), UAH (Visa / MC cards), RUB (AdvCash, PAYEER), etc.

Read more: How to Trade on the UnitEx exchange — see the links “All articles on the UnitEx exchange” at the top of this page.

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CryptoUnit WCRU

CryptoUnit — the Global Investment Portfolio. Buy WCRU tokens through the UGPay Group AG and become a co-owner 👉 investlife.org/CryptoUnit/en