Crypton Exchange Guide: How to Buy UUSD
There is hardly a user of Crypton Exchange or Utopia P2P who has not heard about the unique development of the Utopia USD stablecoin (UUSD).
The development is a little more than six months old, but it has already firmly entered the everyday life of cryptocurrency fans. UUSD allows secure saving of crypto coins without losing total capital.
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In addition, like the CRP, it supports anonymous transactions and does not disclose any identifying information in its blockchain, which makes its history completely untraceable.
This article will tell you more about UUSD and how to buy UUSD on CRP.IS.
What is UUSD?
UUSD is the first anonymous stablecoin of the Utopia P2P ecosystem. The ecosystem is a decentralized network for a safe and confidential online experience. The ecosystem has several tools for messaging, data transfer, browsing, online payments, and much more.
Do you want to know more about Utopia P2P? Find the information here.
The main financial unit of the ecosystem is the Crypton. It provides confidential and untraceable online payments in Utopia P2P.
The Utopia USD stablecoin (UUSD) maintains a 1:1 parity with the U.S. dollar. Therefore, UUSD is an anonymous, confidential and secure payment method without traces.
A pledge backs its value in the DAI cryptocurrency, which is publicly confirmed by the address of the cold wallet and is equal to the total volume of the UUSD offer. By the way, the initial delivery of UUSD is 1,000,000 UUSD secured by 1,000,000 DAI placed on Ethereum.
The price of DAI is pegged to the U.S. dollar and is provided by a set of other cryptocurrencies.
Utopia USD liquidity is supported by market algorithms on several exchanges, including Crypton Exchange.
What is Crypton Exchange?
Crypton Exchange is a decentralized no KYC exchange built based on Utopia P2P. It provides secure purchase, sale, exchange, or withdrawal of funds. The exchange is a kind of digital offshore. This way, no one will know the transaction history: the recipient, the sender, or other details.
The exchange does not cooperate with any centralized services and systems and is also free from interference by outsiders, the state, etc.
As in the case of the Utopia P2P ecosystem itself, registration is anonymous. The user will only need to come up with an alias and password. No additional personal information such as phone number, name, or email address is required.
The exchange uses your “public key” for automatic authentication. New accounts are automatically confirmed without human intervention and get full access to the exchange.
This basic account registration is the only necessary form of verification; there is simply no verification of the user’s identity on this exchange.
The main advantages of the exchange include the following:
- No KYC registration
- Secure and confidential
- Digital offshore
- The lowest commission on the market
- Automatic unlimited withdrawal of funds
- Resistance to censorship
- Live community chat
- 6 available cryptocurrencies: Crypton (CRP), UUSD, Bitcoin, Monero, DAI, USDT
- Available worldwide
You can read even more advantages and unique features about Crypton Exchange here.
How to buy UUSD on Crypton Exchange
Buying UUSD is easier than ever. But first, you need to download Utopia P2P, install it, and register anonymously. Then, you need to register on the Crypton Exchange. More detailed instructions for registering on Utopia P2P and Crypton Exchange are available here. Therefore, do not delay registering an account on these two services now.
The approximate time to download, install and register on Utopia P2P and Crypton exchange is 15 minutes. But, of course, it all depends on the power of your computer and the stability of the internet connection.
Note: Before buying any crypto coin available on the exchange, you need to buy CRP. In this tutorial, you can learn how to do it quickly. Also, in that article, you can know how to sell and withdraw CRP from Crypton Exchange.
Learn more about CRP here and invest in the most promising cryptocurrency.
After registering on the Crypton Exchange and buying CRP, you can buy USSD or any other cryptocurrency as follows:
- 1. Open your Crypton Exchange account.
- 2. You’ll see a drop down menu.
- 3. Scroll with the mouse wheel almost to the end until you see the following window:
- 4. There, you can add CRP to your balance.
- 5. Then, open the main menu and click on UUSD/USDT.
- 6. In the window that opens, scroll with the mouse wheel almost to the end until you see the following window:
- 7. There, you can choose the required amount of UUSD and price or even calculate these numbers by choosing the Calculate function.
- 8. Also, you can see the applicable fee for the purchase.
- 9. Confirm the purchase and click on Buy UUSD.
That’s it! Now the purchased UUSDs will be visible on your balance. So you can use them as a means of payment and save your income to the dollar.
How to recover your Crypton Exchange account
In this article, we’ve decided to add one more point. It is connected with the recovery process of the account on the exchange.
If, for some reason, you forgot your account password, then you can quickly restore it:
- 1. Go on the Crypton Exchange website.
- 2. Click on the Forgot button (in the Password field).
- 3. Copy the Public Key in your Utopia P2P client and enter it in this field on the Set new password screen. Click on the Next button.
- Then, in your uMail will be sent a recovery code that should be added in the Crypton Exchange.
After you recover your account, you can change the password.
Note: You can recover your account if you have access to your Utopia client. So please be careful and remember your account passwords.
UUSD is an excellent tool for saving capital in the digital space. It provides reliable storage and use of the coin without intermediaries, surveillance, and censorship.
How to buy Bitcoin on Crypton Exchange. Read more in this article.