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Reading: Uquid Coin (UQC): A Decentralized Finance (DeFi) Cryptocurrency on Ethereum
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Latest cryptocurrency news > ALTCOIN > Uquid Coin (UQC): A Decentralized Finance (DeFi) Cryptocurrency on Ethereum
ALTCOIN

Uquid Coin (UQC): A Decentralized Finance (DeFi) Cryptocurrency on Ethereum

BH NEWS
Last updated: 23 November 2023 20:10
BH NEWS 2 years ago
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Uquid Coin (UQC) is a decentralized finance (DeFi) focused cryptocurrency based on Ethereum. UQC Coin, an ERC-20 token, has been released to enhance the UQUID ecosystem and is used for this purpose. It is known that UQC Coin holders benefit from various advantages by holding their tokens.

Uquid aims to establish a bridge between the DeFi sector and the e-commerce industry. At the center of this bridge is a new ecosystem called Defito. As expected, Uquid Coin is the cryptocurrency used in the Defito ecosystem. Users both use Uquid Coin for their transactions and earn it through yield farming.

Uquid Coin is currently ranked 167th in terms of total market value. It has reached a trading volume of 7 million dollars in the last 24 hours. Despite having a total supply of 40,000,000, only 10,000,000 UQC is in circulation. Users can purchase various products from the UQUID ecosystem’s digital store using the UQC Coins in circulation. These products include video games, gift cards, subscriptions, and mobile updates.

UQC Coin has gained its place among recognized cryptocurrencies in the DeFi sector and has definitely gained popularity with e-commerce support.

Bittrex stands out as one of the safest and most seamless exchanges for Uquid Coin (UQC) trading. To trade UQC Coin on the Bittrex cryptocurrency exchange, you first need to send Bitcoin to the platform. Currently, Bittrex only offers UQC Coin trading pair with BTC. After creating an account on Bittrex and completing the KYC process, you need to send the desired amount of BTC to your Bitcoin wallet address. Once the sent BTC is added to your balance, you can open Bittrex’s BTC/UQC trading pair page and proceed with the transaction. This way, you can purchase UQC through one of the safest exchanges.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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