How much do Ubecoins cost and when are they available for purchase?
The IEO will run until June 4th 2019 (or until sold out). Ubecoin can be purchased at a rate of US$0.10 per coin. During the IEOs there are also coin bonuses in play.
What are the IEO bonuses I can receive?
The Ubecoin IEO will run from 9th April Until 4th June.
For Users who participate in the IEO and purchase tokens the following bonuses will be added:
For investments of less than US$50 – a 5% bonus
For investments between US$50 to US$149 – a 10% bonus
For investments between US$150 to US$299 – a 15% bonus
For investments between US$300 to US$1000 – a 20% bonus
For investments exceeding US$1000 a 30% bonus
Which wallet can be used to store Ubecoin?
UBE is an ERC20 token, meaning it can be stored in any ERC20 compatible wallets such as MyEtherWallet.
What is Ubecoin?
Ubecoin (‘UBE’) is an ERC20 standard token based on the Ethereum technology and blockchain. UBE is a medium of exchange used within our ecosystem and allows for a secure, private and decentralized method of confirming and conducting transactions within the network. Ubecoin is a hybrid cryptocurrency that can be utilized as a medium of exchange between business merchants, consumers and speculators in a new blockchain globally.
What is Free Trade Barter?
Free Trade Barter is a global business directory of merchants that accept Ubecoin as a medium of exchange or part thereof. FTB was developed due to the inefficiencies and expensive cash transaction fees inherent in traditional barter platforms. By utilising FTB, merchants globally can reduce cash expenses and be in total control of who they trade with, what portion is traded whilst being in total control of their accounts and Ubecoins.
How is Ubecoin going to use the proceeds from the IEO?
Ubecoin will use funds raised from the IEO in order to finalize development of the Ubecoin and Free Trade Barter platform, consolidate ownership of its IP, expand the team, compensate advisors and current team members and launch the platform worldwide. A portion of the budget will be utilised on promotion and on boarding merchants globally to the FTB site as well as expanding our JV partnerships and global product and service offers.
How many Ubecoins are there and will there ever be any more?
The total Ubecoin economy is 3 billion coins. Only a small portion is available through the pre sale & ICO to expand the project. The rest of the economy will be distributed via our partner network to create market liquidity and reserves for Ubecoin Group future expansion plans. No more Ubecoin will be created.
What countries can Ubecoin be used in?
Ubecoin is borderless and can be used in any country where cryptocurrency is permissible by law.
Can I exchange or sell my Ubecoin on cryptocurrency exchanges?
Yes, Ubecoin (UBE) can be traded on Latoken and OEX exchanges from April 2019.
If I have a general question, who do I contact?
For all queries please email: support@Ubecoin.com
How can I spend Ubecoin?
Please visit freetradebarter.com for a complete list of merchants that accept Ubecoin as a method of payment. All merchants that wish to participate will be listed here in our global business directory.
My business wants to trade in Ubecoin, What is my tax position?
Each country has a different tax position and classification of cryptocurrency. Ubecoin strongly advise that you seek professional advise from a registered accountant or tax agent in your country to clarify your business position and commitments based on your countries tax laws.
When will I receive my Ubecoin if I participate in the IEO?
Ubecoin will be supplied by the exchange at the end of the IEO.