Buyer's Guide
3 Best Exchanges to Buy Unilend Finance Token UFT (November 2024)
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When Unilend launched in mid-2020, it indicated that its goal was to broaden the scope of DeFi, bringing support for the thousands of ERC-20 tokens in circulation. In order to achieve its goal, Unilend functions as a ‘permission-less decentralized protocol that combines spot trading services and money markets with lending and borrowing services through smart contracts'.
Unilend lists the following as the top features of its protocol.
- Permission-less listing (ERC-20 tokens can be listed without a controlling body/exchange)
- Lending/Borrowing
- Trading
- Liquidity
- Community Governance
- Intuitive Interface
In addition the various services on offer at Unilend (flash loans, DEX, AMM, etc.) is the ability for multi-chain operability. As it stands, Unilever supports projects based on Ethereum, Binance Smart Chain, Matic Network, and more.
Within the Unilend platform native tokens known as the Unilend Finance Token, or ‘UFT', are put to use. These Ethereum based assets function primarily as governance tokens, allowing for holders to play a role in voting, proposals, and the overall direction/development of the protocol. In addition to playing a role in the governance of Unilend, UFT are also awarded to users of the services who participate as liquidity providers.
While its original goal was to support the thousands of ERC-20 assets available today, Unilend now goes beyond supporting solely cryptocurrencies. These alternative assets now include synthetic real-world assets, and derivatives.
We list the top 3 exchanges that offer the ability to buy Unilend Finance Token (UFT) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
1. Binance
Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Unilend Finance Token (UFT) here are both lower fees than competing exchanges, and increased liquidity enabling you to buy and sell quickly to take advantage of market moving news.
This exchange is best for investors residing in Australia, Singapore, UK & internationally. Canadian & USA residents are prohibited.
Use Discount Code: EE59L0QP for 10% cashback off all trading fees.
2. Gate.io
Established in 2013, Gate.io has grown in to a reputable trading platform. While it is not the most popular exchange, it provides users with an easy to use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange boasts a large number of altcoins including Unilend (UFT), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation.
This exchange currently accepts Australia & UK residents.
USA & Canada residents are prohibited.
3rd Exchange
Currently, this token is only supported on two exchanges. When it is supported on a third, it will be listed on securities.io.
The fact that it is listed on so few exchanges is not necessarily a concern for quality but does limit the potential upside of the project. With that being stated, it is still early days. The lack of listings among exchanges is simply due to the fact that the project has not reached the popularity necessary for broader support.
