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How to buy Unifty (NIF)

Learn how to buy Unifty (NIF) in our step-by-step guide.

Where to buy Unifty

It looks like NIF may not be available to purchase on an exchange in the US.

You can still purchase NIF by using a decentralized exchange (DEX) instead. Decentralized exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.

Decentralized exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralized exchanges first if you're unfamiliar.

How to purchase NIF using a decentralized exchange.
  1. Find NIF on a decentralized exchange and make sure Unifty can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
  2. Buy ETH to trade for NIF using an exchange like Gemini. You will need to purchase enough ETH to swap for NIF as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
  3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade ETH for NIF on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
  5. Wait for the transaction to finalize and the NIF tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the US.

Best Unifty wallets to store your NIF

You can keep your NIF on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your NIF below.
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Ledger Nano X Wallet
★★★★★ 4.6

Price (USD)
$149
Supported assets
5,500+
Go to site

Trezor Model T Wallet
★★★★★ 4

Price (USD)
$219
Supported assets
1,456+
Go to site

SafePal S1 Wallet
★★★★★

Price (USD)
$49.99
Supported assets
30,000+
Go to site

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Is Unifty a good investment?

All cryptocurrency investments should not be considered lightly. Both the token and the associated protocol should be thoroughly evaluated to ensure it is a sound investment. Here are a few key aspects of NIF that are worth considering:

  • Answering a clear problem: The Unifty ecosystem helps artists grow, allowing them to foster a community of backers. The solid DeFi incentives offered by the Unifty protocol help dApp creators and artists reach new heights that might otherwise have been unattainable. The level of flexibility and innovation offered by Unifty may encourage many creators that lack coding knowledge to utilise the tools and services on offer. The more creators utilising the protocol, the more demand there will be for the NIF token.
  • Dual token model:As per Unifty’s litepaper, the platform utilises a two-token model that allows all governance-related activities to be clearly distinguished from basic utility-centered functionalities. As a result, the NIF token is focused on offering token holders governance rights to the protocol. Meanwhile, the platform’s UNT token helps to facilitate all other functionality within the Unifty ecosystem.
  • Well established backing team:The project’s Chief Executive Officer, Colin Platt, is a crypto entrepreneur who has previously worked with mainstream financial entities including BNP Paribas (as its Blockchain Lead). Other renowned industry personnel associated with the project include its Chief Technology Officer, Markus Bopp, and Director of Operations, Andrijana Đonlić.
  • Ease of availability:As a result of the NFT market’s rapid growth in recent years, Unifty has continued to gain an increasing amount of mainstream traction. This is highlighted by the fact that its native NIF token is now available across various popular trading platforms including KuCoin, Gate.io, MEXC, and Uniswap.
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Today's Unifty price versus ATH

Compare today's price of Unifty ($0.00630249 USD) against its all-time high (ATH) price of $64.94 on November 15, 2021. The closer the bar is to 100%, the closer NIF is to reaching its ATH again.

Current price: $0.00630249
All time high: $64.94
1%
99%

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  1. Data by CoinGecko

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance 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 cryptocurrencies discussed.

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