Ubiq Price, News and Analysis (UBQ)

Ubiq (UBQ) Frequently Asked Questions

What is Ubiq?

The cryptocurrency Jumbucks will be renamed as Ubiq (ticker UBQ), an Ethereum fork. Ubiq is the first Ethereum fork which brings about consensus level changes in the form of brand new code. The Digibyte's Digishield v3 difficulty adjustment algorithm has been ported to an Ethereum code base. Incidentally, this is the same difficulty algorithm recently chosen by the Zcash development team. Coins will be swapped at a 1:10 ratio to the new chain, as so ~36m UBQ will be issued. There will be 2 methods for swapping. Claiming or using an exchange which will perform a claim and adjust on-exchange balances accordingly. (Description provided by CryptoCompare)

How do I buy Ubiq?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Ubiq.

What do investment analysts think about Ubiq?

Weiss Research, an investment research firm that rates cryptocurrencies, has given Ubiq an overall rating of "E-", a technology and adoption rating of "E-", and a market performance rating of "C-".

Where can I get Ubiq wallet?

Ubiq produces its own wallet software that is available for download on its website, which allows you to store Ubiq on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Ubiq?

One Ubiq (UBQ) is currently worth $0.25 on major cryptocurrency exchanges. You can also exchange one Ubiq for 0.00000412 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Ubiq in U.S. dollars is $10.70 million.

What hashing algorithm does Ubiq use?

Ubiq is a proof of work (PoW) coin that uses the Dagger algorithm.

How do I mine Ubiq?

Ubiq can be mined using specialized mining software. XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards. CCMiner is another popular mining tool for computers with NVIDIA graphics cards. In addition to having mining software, you will need a Ubiq and access to a mining pool that pools your effort with other miners and a wallet to store the Ubiq that you earn from mining. Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.

What coins are similar to Ubiq?

The following coins use the same hashing algorithm (Dagger) as Ubiq: Expanse, Atheios, Pirl, Shift and AetherV2.

What is the Reddit page for Ubiq?

The official Reddit community (subreddit) for Ubiq is r/Ubiq.