According to market capitalization, UpLink (UPLINK) is now the #3939 cryptocurrency. It currently stands at $ after reaching a high of $1.19 today. In its fullest form, the UpLink cryptocurrency contract is an automatic rebasing token designed to maintain a consistent upswing on the chart with Chain Link payouts.
UpLink (UPLINK): What Is It?
In its fullest form, the UpLink cryptocurrency contract is an automatic rebasing token designed to maintain a consistent upswing on the chart with Chain Link payouts. UpLink is a token with an automatically adjusting supply and a price-elastic nature because of its special rebase contract. Thanks to Chain Link awards, community members can hold their tokens with confidence. Additionally, it encourages holding on while observing how Chain Link incentives accumulate. When the contract algorithmically reduces the token supply and raises its price, a rebase is immediately initiated. The chart continues to climb due to the negative rebase, making it more obvious. Rebasing has no impact on a person’s holdings’ value. The supply is owned equally by each individual.
As an incentive to hold and offer security, UpLink holders immediately earn Chain Link incentives from UpLink contracts. Users must hold prizes and watch them add up in their wallets in order to collect them. According to the contract, payouts are automatically determined depending on users’ holdings and the daily token volume.
In accordance with the whitepaper, UpLink’s token is distributed as follows: To stabilize the floor price, a 3 percent Liquidity Pool is added to the UpLink / BNB Pool. Costs other than marketing, such as audits, and listings, are covered by a 2% contribution to ecosystem growth.
The remaining 4% is distributed as prizes, and users automatically receive Chain Link rewards in their wallets.BuyBack is given 4% of the budget, and UpLink’s enhanced attention is used for marketing with the remaining funds. With the extra money, a buyback is employed to sustain the chart.
How to buy Uplink Crypto?
The list of cryptocurrencies that can be utilized on the Binance platform is constantly being updated by Binance. However, you can use the detailed instructions provided below to purchase UpLink, which is not yet listed on Binance. So it will demonstrate how to purchase UpLink by linking your cryptocurrency wallet to a decentralized exchange (DEX) and purchasing base currency using your Binance account.
Get the Binance Wallet.
The BNB Chain network offers a variety of crypto wallets, with Binance appearing to be the most integrated. You can download Google Chrome and the wallet Chrome extension if you’re using a desktop computer.
If the wallet is available, you can download it from the iOS App Store or Google Play if you prefer using your smartphone. Also just be sure to visit the Binance website and download the official Chrome extension and mobile app.
Using the Google Chrome extension for the wallet or the mobile app you downloaded in Step 1, register and set up the cryptocurrency wallet. Also you can use the support page for the wallet as a resource. However, make a note of your wallet address and keep your seed phrase secure. Later, when you are on Steps 4 and 6, you will need it.
Purchase BNB Chain to Use as Base Currency.
You can purchase the BNB Chain after setting up your wallet by logging into your Binance account and going to the Buy & Sell Crypto page. If you have never used Binance before, you can read our How to Buy BNB Chain article to learn how to sign up and purchase your first coin.
Binance can send BNB Chain to your cryptocurrency wallet.
Go to your Binance wallet section and search for the BNB Chain you bought after purchasing it. So Click on “withdraw” and provide the necessary data. Set the network to BNB Chain, enter your wallet address, then enter the desired transfer amount. When your BNB Chain appears in your Binance, click the withdraw button.
Decide on a decentralized exchange (DEX).
There are several DEXs available; you only need to confirm that the exchange supports the wallet you choose in Step 2. For instance, you can go to Pancake Swap to complete the transaction if you utilize the Binance wallet.
Integrate Your Wallet.
Using the wallet address from Step 2, link your Binance wallet to the DEX you wish to utilize.
With the Coin You Want, Trade Your BNB Chain.
Choose the UpLink as the coin you want to buy, then choose your BNB Chain as the payment method.
Find UpLink’s Smart Contract if it doesn’t appear.
If the coin you seek is not listed on the DEX, you can use https://bscscan.com/ to locate the address of the smart contract. Pancake Swap can then be used to copy and paste it. So be on the lookout for fraud and confirm that you have the correct contract address.
Use the Swap.
When you are finished with the preceding procedures, select the Swap button.
Some of the frequently asked questions about Uplink Crypto:
What was UpLink’s most expensive price?
On December 1st, 2021, UpLink reached an all-time high of $5.05. (9 months).
What was UpLink’s cheapest price?
On November 10, 2021, UpLink reached an all-time low of $0.000000005923. (10 months).
Where can I trade Uplink Crypto?
On PancakeSwap, UpLink can be traded (v2).UPLINK/USD, UPLINK/CAD, UPLINK/AUD, UPLINK/GBP, UPLINK/INR, and UPLINK/PHP are among the market’s most popular UpLink trading pairings.
How does UpLink crypto work?
The first and only BSC token that combines rebasing and ChainLink incentives is called UpLink.All holders receive an equal and fair distribution of the ChainLink awards as compensation for their ownership.
Where can I get UpLink cryptocurrency?
Enter “UpLink” into the CoinMarketCap search bar.Near the price chart, press the “Market” button. You may see a complete list of stores where you can buy UpLink in this view, along with the currencies you can use to do so. The abbreviation for UpLink, UPLINK, as well as a second currency, may be found under “Pairs.”