UPCX (UPC)

Rank #589

Market snapshot

Price
$0.166118
Market cap
$22.3M
24h volume
$6.3M
Circulating supply
133,963,980.6
Total supply
780,000,000
Max supply
780,000,000

What is UPCX?

UPCX is a cryptocurrency designed to improve the payment experience by leveraging blockchain technology. It seeks to resolve issues such as transaction fees, finality time, and user-friendliness, making it suitable for mainstream adoption in financial transactions.

How UPCX works

UPCX utilizes blockchain technology to enhance the convenience of crypto assets and their compatibility with real-world assets. It addresses scalability issues through sharding, which divides the blockchain into smaller, interconnected sub-chains, allowing for parallel transaction processing and increased throughput. This design helps maintain a high level of security and decentralization while improving efficiency as the network grows.

Key information

Symbol
UPC
CMC rank
#589
Network / platforms

Ethereum

Categories
N/A
Date added
Dec 11, 2023

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

  • Ethereum

    0x487d62468282Bd04ddf976631C23128A425555EE

Key characteristics

UPCX incorporates Graphene technology and sharding to enhance the stability and efficiency of its blockchain operations. This approach allows it to handle large volumes of data and requests effectively, ensuring a seamless user experience. CoinMarketCap categorizes UPCX under its Ethereum ecosystem and payments tags.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is UPCX?
UPCX (UPC) is a cryptocurrency operating on the Ethereum blockchain, focusing on improving payment systems by leveraging blockchain technology.
How does UPCX work?
UPCX uses blockchain technology to enhance the usability of crypto assets and their compatibility with real-world assets, employing sharding for improved scalability and efficiency.
What are the technical features of UPCX?
UPCX incorporates Graphene technology and sharding to enhance stability and efficiency in blockchain operations, allowing for effective handling of large data volumes.
What are the risks associated with transferring UPCX?
Digital asset prices can be volatile, and users should verify contract addresses and networks before transferring assets to mitigate risks.
Where can I find official resources for UPCX?
Official resources for UPCX can be found on their website at https://upcx.io/ and their whitepaper at https://upcx.io/whitepaper/.

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