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How to buy Unifi Protocol DAO (UNFI) in the US
A beginner's guide to buying and selling UNFI in the US.
How to buy Unifi Protocol DAO
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Unifi Protocol DAO.
- Open an account on an exchange that supports UNFI.
Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
- Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Unifi Protocol DAO.
- Buy Unifi Protocol DAO.
Complete your Unifi Protocol DAO purchase and then find the best wallet to store UNFI.
What is Unifi Protocol DAO?
The Unifi Protocol is described on its website as “a group of non-custodial, interoperable smart contracts linking multiple blockchains together into one large DeFi marketplace”. The first product built on the protocol is uTrade, an automated market maker and trading platform. The protocol is designed around a decentralized autonomous organisation (DAO), and UNFI is Unifi Protocol DAO’s governance token. Candidates are able to campaign to be elected as a Community Council Representative in the protocol’s proof-of-stake ecosystem and then propose or vote on changes to the DAO. Holders can also stake their UNFI tokens to earn rewards. The token is available on Ethereum and on the Binance Smart Chain.
Unifi Protocol DAO (UNFI) is in the top 1,000 cryptocurrencies in the world by market cap, valued at $54,549,004. The current price of Unifi Protocol DAO is $11.58, which is 4.935% higher than yesterday. Prices have ranged between $11.7 and $11.03 over the past 24 hours. All prices are listed in US dollars and accurate as of October 21, 2021 11:10 UTC.
Where to buy Unifi Protocol DAO
Find an exchange to buy, sell and trade UNFI by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Is it a good time to buy Unifi Protocol DAO?
The technical analysis gauge for Unifi Protocol DAO displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Unifi Protocol DAO based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Unifi Protocol DAO: moving averages, oscillators and pivots. Finder is not responsible for how UNFI performs.
Unifi Protocol DAO at a glance
|Total UNFI supply||10,000,000|
|All time high||US$43.62|
|Notable team members||Juliun Brabon|
|Network||Ethereum, Binance Smart Chain|
Unifi Protocol DAO price performance over time
How to sell Unifi Protocol DAO
You can cash out your UNFI with the same exchange you bought it through:
- Sign in to the exchange you have UNFI on.
If you store your Unifi Protocol DAO in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of UNFI you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Unifi Protocol DAO.
What to consider when buying Unifi Protocol DAOCryptocurrencies are volatile and speculative assets, and trading them comes with a high level of risk. Make sure you understand the risks associated with cryptocurrencies before you buy. Some of the factors to consider when buying UNFI include the following:
- Token supply. The total supply of UNFI tokens is 10 million. Of those, 55% are set aside as incentives for the protocol’s liquidity providers and further development of the ecosystem.
- Documentation. For a detailed rundown of how the Unifi Protocol works, check out the whitepaper. If you just want the key details, the litepaper is also worth a look.
- Team. To find out more about the team behind the Unifi Protocol, it’s worth researching community staking platform Sesameseed. The team behind Sesameseed, led by CEO Juliun Brabon, developed the protocol.
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Disclaimer: Cryptocurrencies, including Unifi Protocol DAO, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of UNFI is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Unifi Protocol DAO or any other cryptocurrency discussed.
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