In this post we are going to see how you can buy United Emirate Decentralized Coin without paying high commissions and in a simple and fast way. Currently, it is not listed in any or few exchanges, but you can get it through the DEFI pancakeswap exchange. If you don’t know how, let’s see it here step by step.Â
If you want to know more in detail all the aspects of this cryptocurrency, later after seeing the step by step we are going to see what is United Emirate Decentralized Coin so you can know more about this cryptocurrency before buying it and know what you invest your money in.Â
Where to buy United Emirate Decentralized Coin
To buy United Emirate Decentralized Coin, we are going to use Binance and Metamask wallet, for me it is the best option, but you can also use other wallets if you don’t use metamask like trustwallet among other known wallets. Binance we are going to use it to buy BNB and USDT or the cryptocurrency you want, to exchange it for the United Emirate Decentralized Coin token and get this cryptocurrency finally.
Also, we will need BNB to pay for the network fees. You can create an account with binance just below if you don’t have one yet to follow the steps.Â
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
If you already have Binance Coin in your metamask wallet to pay for commissions, less than a dollar, you are simply going to have to go to pancakeswap, and copy the United Emirate Decentralized Coin contract in order to find the token. You can find this on Coingecko or coinmarketcap by searching for United Emirate Decentralized Coin or you can copy the contract from the Binance network just below:
0xf0b6e29c429bbb8e1448340f0776be933805344e
With this contract, you will be able to find the token, in from to exchange it for the cryptocurrency you want in Pancakeswap. You can also add the token in metamask and be able to see the amount you have once purchased.
It is currently listed on the exchange gate.io, which you can create your account below and buy without using pancakeswap in a simpler way if you are new to the world of cryptocurrencies.
Platform: Gate.io
Min. Deposit: $10
License: Cysec
New cryptocurrencies (ICO’s)
Growing exchange
Step by step
Let’s see in detail how you can buy United Emirate Decentralized Coin. The first thing we are going to do is to log in Binance, if you don’t have an account you can create one here. With your account, you must make a deposit to have funds and be able to buy BNB. You can deposit funds with your credit card, to have the balance directly and without having to wait or bank transfer, although it will take a few days to be able to use it.Â
With your first deposit, whether it is euros, dollars or another currency, you must go to markets, and look for your currency with respect to Binance coin (BNB). In my case, EUR/BNB. Here go to the red sell button, and exchange your currency, in my case euros, for BNB. We use BNB because the commissions on the Binance network are paid with this cryptocurrency, as happens with the Ethereum network with ETH. You can also buy USDT (Tether), but you should always have a small amount of BNB in your metamask wallet to pay for commissions, less than $1. With 10-15$ of BNB is enough for several transactions and not run out of BNB.
Once you have BNB, you must click on the cryptocurrency, and click on withdraw. Go to your metamask, and click on the address, you will see that an address is copied when you click on it. You must enter this address in Binance to withdraw your BNB from Binance to Metmask. It is very important to enter the BEP20 network, and the amount you want to withdraw. The commission is $0.80. Confirm that the information is correct and confirm the transaction with the codes.Â
Open your metamask wallet, and if you have the Binance network configured, the amount of BNB you have transferred should appear in a few minutes. If you don’t have the Binance network configured, I recommend you to look up how to configure the Binance smart chain network in Metamask, so you can use it, without it, you won’t be able to buy United Emirate Decentralized Coin. It is very simple and you will only have to copy the parameters it tells you.Â
With this done, we must go to pancakeswap. Here in from, we indicate BNB and to, the United Emirate Decentralized Coin token. If you look for it, you will not find it. In order to use it, you must copy the address of the contract and paste it. You can search for it in coingecko to see it, or you can copy it just below:
0xf0b6e29c429bbb8e1448340f0776be933805344e
With this, the United Emirate Decentralized Coin token should appear for exchange.
Before you click on swap, you are going to have to go to the settings wheel, Slippage tolerance and set 12%. This is because this cryptocurrency charges a 10% commission, 5% is burned and 5% goes to people who hold United Emirate Decentralized Coin. So if you buy United Emirate Decentralized Coin, you’re going to see the amount you have increase just by having it in metamask.
With the 12% marked, simply click on swap, and confirm in your metamask the transaction.
In case you can’t make the transaction and you get an error in pancakeswap, go up the slpping tolerance 1% each time until you can make the transaction. Due to volatility and liquidity, sometimes you have to raise the slipping tolerance higher than usual for the transaction to go through.
Now, you can go to your metamask, and add the token with the contract that you can find in coingecko or just above United Emirate Decentralized Coin to see the amount of cryptocurrencies reflected in your wallet and their value in $. With this, you can now have United Emirate Decentralized Coin and accumulate this cryptocurrency without doing anything else but waiting. If you don’t have an account with binance, you can create one just below to follow the steps we have seen.Â
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
¿What Is United Emirate Decentralized Coin?
The first decentralized Arab cryptocurrency on Binance’s smart chain.
United Emirate Decentralized Coin (UEDC) is an anonymous open source cryptocurrency, created on Binance’s excellent Binance smart chain and carefully developed by Middle Eastern industry experts. The total supply is only 20 million, which makes it have a huge potential for astronomical increase in price value, making investors make tons of profit trading and holding UEC. United Emirate Decentralized Coin (UEDC) is the first decentralized Arab cryptocurrency to be developed in the Middle East based on the Binance blockchain.
With the completion of Q1 2021, UEC (United Emirate Coin) announces the first decentralized Arab cryptocurrency. United Emirate Decentralized Coin (UEDC) is an open source anonymous cryptocurrency based on the Binance smart chain.
Chain Coin carefully developed by industry experts based in the Middle East. United Emirate Decentralized Coin is a fully decentralized global payment network without central authorities that allows individuals to store and invest their wealth in a digital currency based on the Binance smart chain.
The total supply is only 20 million, which is a huge potential for astronomical increase in price value, making investors tons of profit in trading and holding UEDC. In addition to the UAE, cryptocurrencies have been banned in Algeria, Iraq, Morocco and Libya. Jordan has warned the public against the use of bitcoin. Even in places where it is banned, internet postings suggest that people often bypass the ban. Despite the ban in Morocco, a blockchain summit was held there last month and a U.S. private equity firm is planning a controversial project to build a wind farm to mine bitcoin in occupied Western Sahara.
United Emirate Decentralized Coin aims to bridge the gap and encourage the use of cryptocurrencies in everyday financial transactions in the Middle East and other Arab nations. Kuwait does not recognize cryptocurrencies for official business transactions and prohibits the banking sector and state-controlled companies from trading them. However, in January 2018 the CBK announced it would issue an electronic currency that it distinguished from a virtual currency, and in July a Kuwaiti financial firm announced the first blockchain-powered transaction in the country.
In Lebanon, the Bank of Lebanon warned about the dangers of cryptocurrencies and last year announced it would launch its own. Media reports suggest that some small businesses in Lebanon already accept the cryptocurrency.
United Emirate Decentralized Coin (UEDC) is a variant of UEC (United Emirate coin), UEDC is created based on Binance while UEC is created on Ethereum. United Emirate Decentralized Coin (UEDC) is an open source anonymous cryptocurrency, created on the excellent Binance smart chain and carefully developed by industry experts from the Middle East. United Emirate Decentralized Coin(UEDC) is a global payment network that is fully decentralized with no central authorities that allows individuals to store and invest their wealth in a digital currency, created on the Binance Smart Chain to take advantage of the low transaction fee and growing popularity experienced on Binance Smart.
The total supply is only 20 million, which is a huge potential for astronomical increase in price value, making investors make a lot of profit trading with UEC. United Emirate Decentralized Coin (UEDC) is the first decentralized Arab cryptocurrency to be developed in the Middle East.
United Emirate coin is the first Arab cryptocurrency. United Emirate coin is a form of digital public money created by complex mathematical calculations and validated by millions of computer users (blockchain technology).
You can store United Emirate Coin on your computer disk, on your smartphone, in your physical wallet or somewhere in the cloud.
The United Emirate Decentralized Coin (UEDC) transfer system is convenient and easy to use. Funds can be transferred anywhere in the world in a matter of seconds. United Emirate Coin protects transaction history and wallet contents from prying eyes, while leaving transaction hashes publicly accessible for the most technically demanding to authenticate transactions, making the United Emirate Coin transaction secure and anonymous.
Once you own United Emirate Coins, they behave like physical gold coins: they have value and can be traded like stocks on popular exchanges. In the future you can use them to buy goods and services.
United Emirate Decentralized Coin aims to offer secure and fast payment solutions based on the Binance smart chain. Users in their ecosystem can easily interact with it to send secure payments worldwide and will soon be able to make payments for the purchase of goods and services. In addition, they plan to offer wallet encryption, which protects against wallet-stealing viruses and Trojans to protect users’ wallets, allowing them to view transactions and account balances stored on the Binance smart chain. Its peer-to-peer payment system allows for faster payment processing and transaction verification. United Emirate Coin users can store their coins on their computer drives, smartphone, hardware wallet or in the cloud. Unlike traditional payment systems, United Emirate Decentralized Coin aims to simplify transactions, settle transactions and provide transparency and security through the use of decentralized ledger technology.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
