Convert and Swap Universal Currency UNIT to United States Dollar USD
UNIT/USD: 1 Universal Currency equals $0.000953 USD
Universal Currency (UNIT) is not tradable on Coinbase.
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Last update: 8:12 AM, December 23, 2024
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Universal Currency is falling this week.
The current price of Universal Currency is $0.000953 per UNIT. With a circulating supply of 0 UNIT, it means that Universal Currency has a total market cap of $0.00. The amount of Universal Currency traded has fallen by $0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, $0.00 worth of UNIT has been traded.
About Universal Currency
Universal Currency (UNIT) is a type of cryptocurrency that users can generate through mining. It operates on a hybrid scrypt Proof of Work (PoW) and Proof of Stake (PoS) system. The total coin supply of Universal Currency is 210 million UNIT, with an annual increase of 2.4 million per year until 2098. The currency has a maturity of 15 confirmations and an interest rate of 1% per year. The minimum age for a UNIT is one hour, with no maximum age limit. The last known price of Universal Currency is 0.00197872 USD, with a current supply of 20,049,109.632831 and 15,949,109.632831 in circulation.
Universal Currency operates on a hybrid scrypt PoW and PoS system. This means that new coins are generated through both mining (PoW) and holding and staking existing coins (PoS). The PoS system starts at block 10001. The currency has a block time of 60 seconds, which is the time it takes for a new block to be added to the blockchain. The currency's algorithm is sha256, a cryptographic hash function that is commonly used in the cryptocurrency space. Universal Currency aims to provide a decentralized platform for transactions, eliminating the need for third-party facilitators.
Universal Currency aims to provide a decentralized platform for transactions, which can be beneficial in various sectors. For instance, it can be used for peer-to-peer transactions, allowing users to send and receive payments without the need for a central authority. This can be particularly useful in regions where access to traditional banking services is limited. Additionally, Universal Currency can be used for online purchases, offering a secure and private method of payment. It also strives to provide a platform for developers to build decentralized applications (dApps), which can offer a range of services from decentralized finance (DeFi) to gaming.
Universal Currency was developed by a team of developers who aimed to create a decentralized platform for transactions. The currency operates on a hybrid scrypt PoW and PoS system, which was a novel approach at the time of its creation. The total coin supply of Universal Currency is set to increase annually until 2098, demonstrating the long-term vision of its developers. The currency has a community of users who contribute to its development and promote its use. The last known price of Universal Currency is 0.00197872 USD, indicating its active trading in the cryptocurrency market.
How Universal Currency and United States Dollar differ
Universal Currency (UNIT) and the US Dollar (USD) are two distinct forms of currency, each with their unique characteristics. UNIT is a type of cryptocurrency that operates on a hybrid scrypt Proof of Work (PoW) and Proof of Stake (PoS) system, allowing users to generate new coins through both mining and staking existing coins. Unlike the USD, which is regulated by a central authority, UNIT aims to provide a decentralized platform for transactions, eliminating the need for third-party facilitators. This makes it particularly useful for peer-to-peer transactions and online purchases, especially in regions with limited access to traditional banking services. Furthermore, UNIT strives to offer a platform for developers to build decentralized applications (dApps), expanding its potential use cases beyond just a medium of exchange. The total coin supply of UNIT is set to increase annually until 2098, a testament to the long-term vision of its developers. On the other hand, the USD is a traditional fiat currency, controlled by the Federal Reserve, and its value is influenced by various economic factors such as inflation, interest rates, and government policies. Unlike UNIT, the supply of USD is not capped and can be increased or decreased based on economic needs.
Frequently asked questions
How much is 1 Universal Currency in USD?
Right now, 1 Universal Currency is worth about $0.000953.
How much UNIT could I buy for 1 USD?
Based on the current rate, you could get 1,049.85 UNIT for 1 USD.
How much has the price of Universal Currency changed?
Universal Currency price has been declining. Since yesterday, the exchange rate of Universal Currency has decreased. Since last month, the exchange rate of Universal Currency has decreased. Since this time last year, the price of Universal Currency has decreased.
How do I calculate or convert UNIT to USD?
You can use our UNIT to USD calculator at the top of this page to convert any amount of UNIT to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5,249.25 UNIT. Inversely, 5 UNIT will cost about $0.0048
How can I buy 1 Universal Currency on Coinbase?
Universal Currency is not currently available through Coinbase, but you can sign up to get the latest news on Universal Currency and be notified when it is available.
What are assets similar to Universal Currency that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Universal Currency, including Etherlite, HBARX, and SwirlToken. For a more robust list of assets to explore, jump to the asset page dedicated to Universal Currency.
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A selection of other popular currency conversions of Universal Currency to various fiat currencies.
UNIT to United States Dollar conversion tables
The exchange rate of Universal Currency is decreasing.
The current value of 1 UNIT is $0.00 USD. In other words, to buy 5 Universal Currency, it would cost you $0.00 USD. Inversely, $1.00 USD would allow you to trade for 1,049.85 UNIT while $50.00 USD would convert to 52,492.54 UNIT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.26%. Meanwhile, in the last 24 hours, the rate has changed by 0.57%, and that the the highest exchange rate of 1 UNIT to United States Dollar was $0.000973 USD and the lowest 24 hour value was 1 UNIT for $0.000938 USD. This time last month, the value of 1 UNIT was $0.00 USD, which is a 3.11% increase from where it is now. Looking back a year, Universal Currency has changed by $0.00 USD. That means that in a single year, the value of Universal Currency has shrank by 45.68%.
UNIT to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$0.000962 USD | -0.57% | $0.0010 USD | -9.26% | $0.000987 USD | -3.11% | $0.0018 USD | -45.68% |
UNIT to USD
Amount | Today at 8:12 am |
|---|---|
0.5 UNIT | $0.000476 |
1 UNIT | $0.000953 |
5 UNIT | $0.004763 |
10 UNIT | $0.009525 |
50 UNIT | $0.047626 |
100 UNIT | $0.095252 |
500 UNIT | $0.476258 |
1,000 UNIT | $0.952516 |
USD to UNIT
Amount | Today at 8:12 am |
|---|---|
0.5 USD | 524.93 UNIT |
1 USD | 1,049.85 UNIT |
5 USD | 5,249.25 UNIT |
10 USD | 10,498.51 UNIT |
50 USD | 52,492.54 UNIT |
100 USD | 104,985.09 UNIT |
500 USD | 524,925.43 UNIT |
1,000 USD | 1,049,850.86 UNIT |
Today vs. 24 hours ago
Amount | Today at 8:12 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 UNIT | $0.000476 | $0.000481 | -0.93% |
1 UNIT | $0.000953 | $0.000961 | -0.93% |
5 UNIT | $0.0048 | $0.0048 | -0.93% |
10 UNIT | $0.0095 | $0.0096 | -0.93% |
50 UNIT | $0.0476 | $0.0481 | -0.93% |
100 UNIT | $0.0953 | $0.0961 | -0.93% |
500 UNIT | $0.48 | $0.48 | -0.93% |
1,000 UNIT | $0.95 | $0.96 | -0.93% |
Today vs. 1 month ago
Amount | Today at 8:12 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 UNIT | $0.000476 | $0.000493 | -3.46% |
1 UNIT | $0.000953 | $0.000987 | -3.46% |
5 UNIT | $0.0048 | $0.0049 | -3.46% |
10 UNIT | $0.0095 | $0.0099 | -3.46% |
50 UNIT | $0.0476 | $0.0493 | -3.46% |
100 UNIT | $0.0953 | $0.0987 | -3.46% |
500 UNIT | $0.48 | $0.49 | -3.46% |
1,000 UNIT | $0.95 | $0.99 | -3.46% |
Today vs. 1 year ago
Amount | Today at 8:12 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 UNIT | $0.000476 | $0.000875 | -45.57% |
1 UNIT | $0.000953 | $0.0017 | -45.57% |
5 UNIT | $0.0048 | $0.0087 | -45.57% |
10 UNIT | $0.0095 | $0.0175 | -45.57% |
50 UNIT | $0.0476 | $0.0875 | -45.57% |
100 UNIT | $0.0953 | $0.17 | -45.57% |
500 UNIT | $0.48 | $0.87 | -45.57% |
1,000 UNIT | $0.95 | $1.75 | -45.57% |
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