How To Buy Ultra (UOS) | Best Crypto Exchange To Buy UOS 2020
Trading and investing in cryptocurrencies solely relies on how well you perceive the digital asset based on its market industry. First of all, this guide doesn’t give any investment advice. Given the fact that the market value of Ultra’s token UOS doesn’t satisfy others’ expectations. It is worth noting, however, that outside of these sometimes spectacular runs from low market cap coins, often see little gains. More often than not they stagnate for the majority of the market cycle, maintaining their price if not moving in a bearish trajectory. But it is this low valuation that allows for major gains, for those savvy enough.
Over recent years , with the development of popular services such as Steam, App Store (Apple), Google Play (Google), the gaming technology has emerged effectively. One can see, nevertheless, that the dominance dependence on these platforms is too high , which leads to many issues in the existing gaming market:
1. The problem of proprietary platform makes it difficult for developers to publish their games. That leads to very high commission fees for issuing platforms and no control over customer information.
2. The PC game market is a massive $billion market. While platforms like Steam, Google Play, and Apple hold monopolies over this market, there is still a vast untapped segment.
3. It is important to give more recognition to the streamers and game influencers by supporting them. For encouraging more people to the game.
From the developers’ and players’ perspectives, a one stop solution for all the gamers’ needs would drastically improve a number of things: the user experience would be better than before; the number of possible business interactions would increase; the cost of marketing would be lower; the revenue for ecosystem actors (game developers, publishers, influencers) would be streamlined and potentially increased; and, perhaps most importantly, the players could be deeply involved in this new economy.
What is ULTRA?
Under its own customized EOSIO blockchain, Ultra is a blockchain-based PC game distribution platform built to create new possibilities for both players and game developers. It consists of an ecosystem where gamers can resell their used games and products, in addition to purchasing and playing games, and earn money by participating in Ultra. The goal of Ultra is to undermine the game market structure by reducing the intermediaries that are almost monopolistic. Players will gain incentives and the possibility of an easy game play, while game developers benefit from new revenue sources, SDKs, overlay technologies and blockchain tools that power their games.
What’s the main problem that the project solves?
The value proposition of Ultra will be to provide an even equitable cut than its rivals whilst enabling an even broader range of features, such as game auctioning, item swapping, and many more. The project aims to do this by providing a partially centralized and partially decentralized, hybrid solution. Ultra developed a protocol which will enable the on-boarding of non-crypto experienced people to draw a wider audience. They choose to create an environment where users do not necessarily have to deal with the underlying UOS currency regardless of the fact that it is being used for all of the platform’s goods and services.
The design of the UOS ecosystem is somewhat technical, but is intended to function in a way that equals an improvement in token price to increase the use of the platform. The business model of Ultra is very detailed and provides multiple channels to produce cash flow based on advertisements, game sales revenue shares, exchange fees for cryptocurrencies, and more. They have an established company that already provides a large number of people with ads, and essential partnerships with well-known gaming companies with well-known gaming corporations have been achieved already or are really close to be.
What are the main use cases of UOS?
As stated from the article “Token Flow & Use Cases,” UOS is the token that powers the Ultra Ecosystem and can be used to purchase everything on the platform, including games, virtual items and ads for game developers. Ultra will accept traditional forms of payment such as Paypal and credit cards as well. These fiat currency transactions are converted to UOS seamlessly on the back-end and are completed on the blockchain with UOS tokens. The token will also be used across the platform in many non-transactional ways including betting, tournaments, and donations. Furthermore, various features will be powered by the token in which you can read from the mentioned article above.
Where can I buy UOS?
There are many exchanges that claim the title of “best” exchange. While this may all seem simple enough, however, in choosing the best crypto exchange to invest in, you’ll have to pay attention to a myriad of considerations like fees, reputation, security, verification processes, and geographical restrictions an exchange platform has to offer.
To better understand most of the exchanges, as well as some of them that are working actively towards this goal, first, we need to understand some several factors that these crypto exchanges are currently working on:
- Security: Safety should always come first. A good exchange will place great emphasis on the security of their users’ accounts, personal information, and the system in general. The majority of the assets should be stored offline in a cold storage system. Also be on the lookout for additional security features such as Two-factor authentication, withdrawal confirmations, etc.
- Reputation: A well established, long-standing exchange is a much safer option.
- 24/7 Support: The support should be responsive, friendly, professional, and ideally reachable through several different channels. A call center is a big plus as it’s comforting to know you have the option to speak to someone in person.
- Payment methods: Take into consideration which payment methods are available — do they support credit card purchases, p2p fiat trades, and other methods of payment.
- Fees: Fees can vary substantially between different exchanges. The fee schedule has to be provided on the site.
- Interface: The site should be easy to navigate, even for crypto beginners.
- Geographical restrictions: Some exchanges are locally restricted and their service might not be available in your area.
- Uptime: Avoid exchanges with lots of downtimes.
- Verification: Even though some users find verification and KYC procedures a hassle, you should look at it from another perspective. They are done with the best intention to protect the exchange from money laundering and all sorts of scams.
Taking everything into consideration, KuCoin is one of the many cryptocurrency exchanges who explored the concept of what the future of cryptocurrency trading looks like. It is also a reputable exchange that adds high-quality projects, hence, where you can buy UOS.
KuCoin has a highly trained research department that looks for top-quality projects throughout the crypto industry. The exchange has over 6 million registered users across 207 countries and regions around the world with 450+ trading pairs to date. KuCoin provides a highly secure and easy-to-use platform for users to engage in cryptocurrency trades and transactions efficiently and safely.
KuCoin also launched a series of other products in the past year designed to further help out crypto users, including futures markets, public chain, one-stop exchange solution, creating a platform for how your crypto can yield interest, as well as some upgrades to the main exchange to uphold its principle of security and transparency. KuCoin since its inception has insisted on taking the tech as its backbone to build a better trader relationship while constantly pushing for the sustainable development of the digital currency trading ecosystem as the ultimate goal.
The Best Crypto Exchange To Buy UOS 2020
There are several exchanges, in fact, catering to different requirements and varying in terms of safety and security, convenience, accessibility, and so on. But unlike most of them, KuCoin is unique in its approach. From their timely upgrades, reports, and recently introduced products & features like KuChain, Margin, KuCoin Futures, Soft Staking, and Pool-X is what I think helping them build a better ecosystem for us, traders. Significantly, the structure of Kucoin is utterly fascinating, which shows they are more interested in long term growth. I’d say with their competitive services and reputable brand, KuCoin is already one of the leading cryptocurrency exchanges today.