How to buy Unibright (UBT) in Australia

A beginner's guide to buying and selling UBT in Australia.

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How to buy Unibright

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Unibright.

  1. Open an account on an exchange that supports UBT.
    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.
  2. 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 Unibright.
  3. Buy Unibright.
    Complete your Unibright purchase and then find the best wallet to store UBT.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Unibright?

Unibright is a team of blockchain specialists which helps businesses to access blockchain technology in various ways. For example, it helps companies create smart contracts in a way that does not require coding. It also provides blockchain consulting services and workshops. According to the white paper, scenarios where businesses can use the Unibright framework include: release and approve invoices using smart contract; screen candidates in the hiring process and process insurance claims. The Unibright token (UBT) is a utility token, which works like a voucher to use the services provided on the Unibright platform. Any business that uses the Unibright platform must use UBT tokens to pay for the services and products. Unibright tokens are capped at 150 million and are designed to be a utility token rather than an investment vehicle or store of value.

Unibright (UBT) is the 198th largest cryptocurrency in the world by market cap, valued at $182,911,101. The current price of Unibright is $1.22, which is 0.078% lower than yesterday. Prices have ranged between $1.23 and $1.08 over the past 24 hours. All prices are listed in US dollars and accurate as of June 21, 2021 09:06 UTC.

Where to buy Unibright

Find an exchange to buy, sell and trade UBT by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

297
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 250 cryptos.
Bittrex Global
Bank transfer, Credit card, Cryptocurrency, Debit card
USD

273
cryptocurrencies

Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
Liquid Cryptocurrency Exchange & Margin Trading
Bank transfer, Cryptocurrency, SWIFT, Credit or Debit Card, SEPA
AUD, EUR, JPY, USD, SGD, PHP, HKD

132
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
Liquid is a unified, globally-sourced trading platform that bridges the worlds of fiat and crypto.
IDEX Cryptocurrency Exchange
Cryptocurrency
-

257
cryptocurrencies

A decentralised cryptocurrency exchange where you can trade over 250 ERC20 tokens.
Hotbit Cryptocurrency Exchange
Hotbit Cryptocurrency Exchange
Cryptocurrency, Epay
USD

512
cryptocurrencies

A multi-currency exchange with 150+ pairings that can be accessed through desktop as well as a mobile app.
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Compare up to 4 providers

Unibright at a glance

Information last updated June 21, 2021 09:06 UTC.
Coin symbolUBT
Total UBT supply150,000,000
Circulating UBT150,000,000
Current priceUS$1.22
Notable team membersMarten Jung, Stefan Schmidt
PartnershipsConcircle, Provide, Lufthansa, Microsoft, NEM
IndustryEnterprise blockchain solutions
Token usesUtility token
NetworkEthereum

Unibright price performance over time

Historical prices compared with the price of US$1.22.

1 hour 6.53%
24 hours 0.08%
7 days -0.52%
14 days 6.86%
30 days 23.34%
60 days 7.17%
200 days -25.40%
1 year -37.98%

How to sell Unibright

You can cash out your UBT with the same exchange you bought it through:

  1. Sign in to the exchange you have UBT on.
    If you store your Unibright in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of UBT you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Unibright.

What to consider when buying Unibright

Buying altcoins (cryptocurrencies other than Bitcoin) carries significant risks and benefits. It’s important to understand how UBT works and what the key risks are before investing:
  • Supply. The maximum supply of UBT is capped at 150 million, with 140 million already in circulation. It’s noteworthy the Unibright team does not hold any tokens.
  • Mining. Unlike Bitcoin users cannot mine UBT tokens.
  • Purpose. UBT is a utility token, meaning it is the voucher needed to use the Unibright platform. It is designed so that companies can use the Unibright framework only if they buy it from those who hold tokens and are willing to sell them.
  • Uses. There are many use cases for UBT tokens. They can be used to register smart contract deployed on the Unibright platform
  • to connect Unibright-compliant smart contracts
  • to pay for services offered by Freequity (Unibright’s tokenisation product)
  • and to access Unibright’s blockchain consulting workshops.
  • UBT deposited with the platform. All of the UBT tokens are deposited in wallets in the care of professional custodians. Half of them are used to provide liquidity to the integration gas service, while the other half is locked to serve new customers if there are no UBT tokens available in the open market.

Disclaimer: Cryptocurrencies, including Unibright, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of UBT 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 Unibright or any other cryptocurrency discussed.

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