UCX Token Sales Terms, Products, User Guide Page.
USD exchange rate & Market price of Ethereum(ETH)
< February 21, 2019 >
$1USD = 1,123KRW
1Ethereum(ETH) = 161,500KRW
USD exchange rate : The closing basic rate of exchange of the previous business day of the ‘KEB Hana Bank’
Market price of Ethereum(ETH) : The closing price of the previous day (at 8:59:59 a.m. of the day) based on the ‘Upbit Exchange’.
USD exchange rate and market price of Ethereum(ETH) is based on Korean time.
Tokens Payment Process
» Approximately at 10:00 a.m. on the same business day, the USD exchange rate (closing basic rate of exchange of the previous business day of the ‘KEB Hana Bank’) and the Ethereum(ETH) closing price (the closing price of the previous day (at 8:59:59 a.m. of the day) based on the ‘Upbit Exchange’.) will be disclosed at the top of the information page. We do not post USD exchange rate and market price on weekends and holidays on our website. But for the Ethereum(ETH), We will apply the closing price of the previous day on the day of deposit. And the USD exchange rate applies to last working business day’s closing, we use rates of the ‘KEB Hana Bank’ before the start of any weekends and holidays. USD exchange rate and market price of Ethereum(ETH) is based on Korean time.
» UCX Token price
- 1UCX Token = $0.50USD
» UCX Token Payment Procedure(Example of January 16, 2019. This is for your reference only!)
- UCX Token Payment: In case of 1Ethereum deposit, you will receive 241UCX Tokens.
- 1UCX Token is approximately 0.0042Ethereum(ETH).
- UCX Token exchange payment process
- 1) Ethereum(ETH) price (January 16, In KRW): 135,150KRW
The closing price of the previous day (at 8:59:59 a.m. of the day) based on the ‘Upbit Exchange’.
- 2) Ethereum(ETH) price (January 16, In USD): $120.24USD
$1USD = 1,124KRW. The USD exchange rate is calculated from final foreign exchange (USD/KRW) closing basic rate of ‘KEB Hana Bank’.
- 3) Ethereum(ETH) = 241UCX Tokens
- If you convert 1Ethereum(ETH) at the price of $120.24USD to the 1UCX Token price of $0.50USD, 1Ethereum(ETH) is equivalent to 240.48UCX Tokens.
- Therefore, a total of 241UCX Tokens would be transferred (1UCX Token will be added when the decimal point is generated).
- 1) Ethereum(ETH) price (January 16, In KRW): 135,150KRW
» The minimum purchase amount for UCX Token is 1Ethereum(ETH).
UCX Purchasing Guide
- Access the UCX site. Please run your Chrome browser.
- Click the “Create an account” link on the login screen, and then proceed the registration process.
- Among input values into member subscription page, “User Name” means your personal ID and “Password,” it must contain 8 characters with case letters, lower case letters, numbers and special characters. Please read and if you agree with the terms and conditions of service then please check on “I read and accept” box.
- When you click the “Create an account” button to complete the membership subscription, “UCX: Email Activation” an email will be sent to your email account which you registered during membership subscription, and click “Verify Account” button to complete the e-mail authentication.
- Please confirm the information e-mail, “UCX: Process for Uploading KYC (Know Your Customer)”, to prevent any financial malpractice, please confirm from the e-mail address that was used during your initial registration process..
- Please access to “Your KYC’s” on the left menu in the UCX site, and select and download either a passport, driver’s license or any government issued ID’s for KYC (Know Your Customer) / AML (Anti-Money Laundering) , then upload the front and back copies of above mentioned identifications to register for KYC.
- Please access the “Wallet” on the left menu on the UCX site, and register the ERC-20 based wallet address that the UCX Token is to be transferred to. Which you should have created on either MetaMask or MyEtherWallet or any other ERC-20 based wallet. If you do not have an Individual Ethereum(ETH) wallet, please create an Ethereum(ETH) wallet through the methods as follows
the method to create an individual wallet in MyEtherWallet
* You should not send it directly from the exchange. You would not be able to receive purchased Token, when you transfer it from the exchange.
* Please double check and enter the exact wallet address. Once the Tokens are sent they cannot be reversed.
* Please enter your wallet address which Ethereum(ETH) was sent from, in that wallet you should have a “receive” address for receiving our UCX Tokens.
- Hyperswap’s Ethereum(ETH) which is posted on the goods utilizing an ERC-20 based wallet program (MetaMask, MyEtherWallet, etc.): Sending Ethereum(ETH) corresponding to UCX Token to be purchased to
wallet address of 0x648680C113CE5B5932B9BF617040240637222eaC
the method to send an Ethereum(ETH) from MyEtherWallet
- If all information’s for KYC (Know Your Customer) were inputted correctly, the process may take up to 3 working days and to confirmed deposit (transfer) to the Hyperswap wallet address. During that time, you should receive an e-mail with the contents of purchased UCX Token. And for any reasons, if your KYC (Know Your Customer) requires further information, an e-mail should be sent to you requesting additional information to complete the process.
- Please access “Dashboard” on the left menu in the UCX site to confirm the sent UCX Token.
* My Token Balance” means the UCX Token possessed by the registered wallet, and “My Token Balance in Frozen Account” means the locked UCX Token, which means own UCX Token that cannot be used for a certain period of time, and the timing and number of Token to be sent is available to be checked through the date column & No., of Tokens in “My Frozen Account Tokens Schedule”.
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