+47.34% growth: How to Buy Ubiq (UBQ) – A Step by Step Guide
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What is UBQ?
Ubiq describes itself as an EVM compatible Proof of Work blockchain that supports tokens, DApps, and smart contracts. According to the team, it was launched as a permissionless, non-ICO/premine network maintained voluntarily by its global community of developers and community.
Apart from being backwards compatible with the EVM ecosystem, Ubiq also features a distinct and predictable monetary policy, on-chain governance via the Escher system, and its proprietary PoW hashing algorithm called "Ubqhash" (along with its 'Flux difficulty algorithm').
UBQ is intended to be the value token of the network and acts as gas to facilitate token transfers and contract execution. Ubiq strives to maintain steady and cautious blockchain development focused toward Enterprise applications.
Currently UBQ is being ranked 384 on Coinmarketcap and has recently surged a hefty 47.34% at the time of writing.
UBQ has been listed on a number of crypto exchanges, unlike other main cryptocurrencies it cannot be directly purchased with fiats. However, the good news is that it's being listed on Binance and KuCoin, two of the top crypto exchanges and has huge daily trading volumes. You can easily buy this coin with bitcoin purchased from any large exchanges, in this guide article we will walk you through in detail the steps to buy UBQ.