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Summary of what blue chips are and their uses. ($CRYPTO)
$BTC $ETH $DOT $SOL $MAT $ADA $BNB $ALGO $AVAX $NEAR $XLM $ATOM $TON $CRO $USDC $USDT
A blue chip refers to an established, stable, and well recognised cryptocurrency. Blue chips are characterised by a high market capitalisation, listings on a major exchanges, and a history of reliable growth and community engagement, although we do not directly endorse any coins or tokens as investments.
While crypto is still in its early stages of development we believe it's important to offer a spread of blue chip cryptocurrencies to improve adoption and optionality for users while ensuring the UNIT Treasury has a solid backing moving forward.
More coins and tokens will be added over time as requested by the community while we work on a system that will allow any user to add any non-native coin or token to the ecosystem that is live and on-chain. This will relate to the Vaults so be sure to keep an eye out here.
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- Treasury: Locked as reserve assets in a tokens' treasury to substantiate a tokens value (like a nations vault of gold used to back its currency)
- Trading: Buy / sell via the various crypto exchanges on Unit Network
- Sale: Used to purchase and/or back industry, city, agency, stable, project, personal, and other tokens
- Transfer: Make free transfers between users or to token banks
- Deposit / Withdraw: Send or receive crypto into or out of Unit Network
Below you will find all the coins / tokens we currently support, the networks you can use to deposit to Unit Network and a block explorer to ensure your transfer was made successfully.
Currently we only support native networks for deposits. For example, if you are trying to deposit BTC you must do so via Native SegWit, not BEP20 or any others.