Unique One is that the ideal decentralized market place open for anyone who wishes to engage in digital art and crypto transactions. Many have been profiting and gaining profit traction from the platform. Thanks to developers, users should expect nothing but net-zero policy frameworks.
The main idea behind the creation of Unique One is to benefit artists at the same time by creating a free-of-charge art creation system. Every crypto-based system has its own respectable objective and Unique One objective is to build a sound marketplace open to many digital artists and controlled by a digital community base.
Though much of its controlling connections are provided for by the base community, creativity and professionalism will be top-notch. In terms of Unique One management, DAO will be responsible for that. Momentum through snapshot votes will be gathered.
A quick guide on buying RARE
Step 1: Create a Coinbase account
Binance is available for both iOS and Android versions. Reach out for the official Binance page. Place an active email address, and select an individual since you are a solitary trader.
Use your real name for ease of identification. Open your email and tap on the link sent to you for verification. Supply your mobile number when asked of it. This ensures easy depositing. Security verifications are done with a 2FA process.
It’s a guaranteed procedure with zero to no loopholes. Binance notifications will be sent to your email whenever there is a change in purchase processes. Once all of the above is in place, select a funding setup. Options range from buying with credit cards or buying with debit cards or with PayPal.
Buying RARE is made easy when using bitcoin or ethereum. Credit cards are more appropriate because they are fast. However, an amount limit is of $750 per week is exerted on credit card purchases. Bank purchased are standard but they operate as per the scheduled work table (4 to 5 days).
Step 2: Purchasing Bitcoin or Ethereum at Binance
Binance gives users options on currency selections but the most appropriate mode of purchasing Unique One is through Bitcoin. Make sure you provide the actual amount you want to invest depending on the volatility rate. Choose your method of payment.
In this case, we will use a credit card because it is fast. Select buy and then check the required fee for such a transaction. Charges are usually low depending on the choice of payment you have selected. After that, you will receive your final bitcoin amount without any hassle.
Step 3: Purchasing Unique One (RARE) using bitcoin or ethereum
Purchasing RARE is very simple. Make sure that you have an exchange that allows RARE purchases in position. In this case, we will use Binance because of the reputation it has gathered along the way. Transfer your set amount of bitcoin to Binance exchange. Your wallet ID should be in a position also for sending of RARE.
Select deposit on the exchange page and copy the ID which is only specific to your account. Wait a few moments for transaction processing. At most clients can wait for 5 minutes for transaction processing completion.
When the transaction has been completed, look for RARE/BTC OR RARE/ETH depending on which crypto coin you would have purchased. Note, when you realize that your exchange of choice does not offer RARE pairings, use market price purchases.
Clients can buy coins using the existing market price though this process is dubious considering the level of volatility in the market. There is no guarantee of firm pricing when it comes to stable price predictions. Binance is the best place to buy RARE.
Exchanges to buy RARE
Binance has been dominating the scene. One of the biggest advantages offered by Binance is that of lower fees. Exchanges charge little while users enjoy high liquidity charts that make possible instantaneous purchases and selling in a moving market.
Luckily, many countries across the world allow Binance operation on THORChain, these include Australia, Singapore, and the UK while those from the USA are barred. Though Binance is barred from the USA, it still maintains large customer bases in many countries across the world and it looks highly probable that it will grow so huge to disband any form of competition.
Step-by-step Buying Guide
- Create an account
- Complete KYC process
- Add funds to your wallet
- Buy your crypto
Uniswap is an ideal way of trading but it’s still an average exchange. It has its fair share of market competition in an industry dominated by Binance and Coinbase.
Step-by-step Buying Guide
- Log into Uniswap
- Select Ethereum and then the token you want
- Specify how much ETH you want to use
- Confirm all the details and proceed with the transaction
This exchange is about 5 years old, having been launched in 2016. However, in such a short space of time, it has managed to gain a great reputation and become a trusted platform worldwide. On the platform, you will be able to trade cryptocurrencies conveniently due to the various services on offer.
On the platform, you can buy 100+ cryptos at true cost. Not only that, but you will also be able to manage your visa card offered by the platform, earn interest on your crypto, make crypto payments, and so much more. Another great feature is that the company has a non-custodial DeFi wallet. As a result, you retain full control of your private keys.
Step-by-Step Buying Guide
- Sign up on the platform and provide your ID and selfie for verification
- Fund your account
- Tap on the Trade button
- Click Buy, and then RARE. This lets you choose your preferred coin
- Add your card and follow the secure link provided
How Unique One (RARE) project is different
Each and every crypto has its own fair share of unique features and Unique One (RARE) falls under the same order. Let us look at some of the exciting unique features found in Unique One (RARE).
A Fair Launch
When it comes to issues of market cap, Unique One presents a low start-up because $RARE are floated on a Uniswap platform with no public sale considerations. Tokens are actually paid for rather than granted for free.
Net-Zero Platform Fee
Buyers and all of the collectors are charged a 1% fee. This exact amount will be used to purchase $RARE from the market and then ar dropped to various $RARE token holders.
Free of charge artist policy
Digital artists can rest assured that they will get free operation. Every artist obtains a full-price package for their work.
Unique One (RARE) is very unique indeed because digital artists will be granted a reward whenever they publish their work. This means that in every budget planning, a possible 10% is well reserved for content creators.
Every artist or collector registered under Unique one (RARE) will be granted $RARE tokens. However, amounts will vary with the transaction volumes.
Weekly competitions will be available for all content creators for an opportunity to clinch the ultimate $RARE tokens. A total of 1 million $RARE is set aside for this project.
This feature involves Uniswap because when providers manage to offer as much liquidity as possible to Uniswap, they get to share 1 million $RARE tokens to launch.
Things to consider before purchasing Unique One
Users and prospective clients have to understand that RARE is part and parcel of a volatile crypto world meaning that risks are real. There is so much that has to be considered before purchasing or buying RARE. Let us look at those factors in detail.
1. Men behind
It’s an advantage for crypto traders and clients to always check who developed and launched the whole project. This is very important in strengthening the guarantee. Luckily for RARE, audible and professional personnel made the project a success.
2. White paper check
Unique One has an explicit white paper containing all there is to know about RARE tokens and the platform in itself.
RARE is not the only one in the game. This simply means that competitors are on the rise to get more customers.
4. Commercial partnerships
It’s very usual that partners do come and go and in this case, partnerships were important in developing Unique One. Checking periodically which partners are in motion is good because this insinuates change. Remember, new partners, bring new ideas.
Checking out what the token is used for is not important but helpful. RARE can be used as a medium for virtual goods exchange, settling service contracts, and gaining a voting advantage.
Where to store RARE token
Hardware wallets are the way to go when it comes to RARE storage. They have reliable encryption models which guarantee private key protection. Users can utilize the external USB to store RARE. Also called cold wallets, they support many currencies and ensure a web interface. Advantages include
- Ease of making transactions
- multiple currency selections
- very safe and free from hacks
- zero to none vulnerability
- very convenient
However, quality always comes with a price and in this case, users can expect hefty charges. Some of the popular hardware wallets available are Ledger and Trezor.
Whenever you want to acquire a hardware wallet, desist from peer offers. Users must reach out for a guaranteed producer. When it comes to wallet selection, it depends on your portfolio.
Not all of the multi-currency support all coins. Some do but some don’t. However, for dominant coins like bitcoin or ethereum shortage of wallets is unheard of. Always use CryptoTag for wallet protection.
Differences between Hot and Cold Wallets
Before we delve deep, a cryptocurrency wallet is a platform designed to offer private key protection, swapping digital currencies, and monitoring crypto balances. Crypto asset management is more appropriate if a user manages to secure their wallet. There are some differences between cold and hot wallets and these are
- hot wallets operate using the internet while cold wallets are offline packages
- hot wallets include cloud-based, mobile, and software wallets while cold wallets include USBs, paper wallets, and offline storage devices.
It’s also possible to use both of them at the same time. When it comes to consistent transactions and trading, hot wallets are the most appropriate while cold is more appropriate for long-term crypto assets storage.
Paper wallets are very important when it comes to crypto storage. They do not rely on the internet so in that nature paper wallets operate on an offline basis. Remember, paper wallets are not used to store physical bitcoin but are equally important in easing access. Crypto owners are guaranteed ease of access all because of paper wallets. Though paper wallets have laid the base for bitcoin storage and access, users seem to be navigating for other possible means of storage and access.
Privacy and safety tips
i. Use Secure Internet
Desist from public networks that are for the public domain. Using a VPN home network is the best because the connection is very fast while security is top-notch. VPN networks are also important in translating your IP address and location. Browsing history is kept safe while transactions are completed in quick succession.
ii. Spread risk
This is pursued by using many wallets because investing in a single wallet increases chances of loss. Use separate wallets to store your crypto. Portfolio protection is also guaranteed.
iii. Use a Cold Wallet
Cold wallets are more ideal because they are free from online scams, hacks, and loopholes. Operating offline has its fair share of benefits including private key protection. This is totally different when compared to hot wallets.
iv. Change Your Password Regularly
Always use a strong password but at the same time change it on regular basis. Make sure that you desist from sharing passwords with other accounts like social media accounts. This is very important in relieving your account from hacking jeopardy. Always use the 2FA verification model to protect your account. It’s a reliable security source that has been used by many traders across the world.
v. Secure Your Personal Device
This is where you guard your device against viruses and vulnerabilities. Always improve your device’s security details and create an audible firewall against hackers and scammers.
vi. Don’t Get Phished
Do not connect or link with emails and ads because there are a lot of scams.
Q. What is the best storage option for RARE?
Cold wallets are more appropriate as compared to hot wallets.
Q. Which exchanges should one use to purchase RARE?
Well, Binance exchange is more ideal because it allows various currency pairs.
Q. Is 2FA verification effective?
This is very important when considering account protection. Your private key, digital assets, and personal details are kept safe through the 2FA verification model.
Unique One (RARE) is proving the ideal decentralized marketplace. Many have been grabbing a green leaf from its operations. Thanks to free of charge operations traders can also utilize an opportunity to vote and make decisions. Digital artworks have never been better.