If you have any interest to buy Ulti Arena (ULTI), you will be required to have either Bitcoin abbreviated as (BTC) or Ethereum (ETH) for trading purposes. I have reviewed the major cryptocurrency exchange Binance in this post to help you determine the best sites to buy cryptocurrency using a credit card or bank account. Take a read and get tips on the best cryptocurrency trading.
Step 1: How to create a Binance account:
1.1 Visit Binance’s Website (https://www.binance.com/en)
There have been several phishing cases reported over the past years that are imitations to the original site, it is essential to scrutinize the URL to the website keenly. First, be on the lookout for the ‘Secure’ certificate that should pop up in your address bar and that acts as a confirmation of the site’s genuineness. Second, to be extra safe while trading on the platform, ensure to bookmark the authentic site to evade any confusion in future searches.
1.2 Fill in your trading details
You have to fill in your details by going to the ‘’Register” tab found in the right-hand corner of the website’s page and fill in your trading details. For instance, you will need to fill in your mobile number or you choose to use your email address. For the email address, it is necessary to use your main email that you can access easily and the most secure one since you will need it to sign in to your Binance account always.
You also need to choose a strong password for your email; a strong password should comprise a mix of numbers, symbols, upper and lower-case letters. You will receive a 6-digit code via the email you provided as your account’s verification code and for completing the registration process.
1.3 Allow 2FA-Two-factor authentication (Optional)
To make your account more secure you need to allow use of a two-factor authentication after your first log in. Trust me; it is vital to set up the 2FA because it makes your account more secure from any hacking activity!
Every time you log in with the two-factor authentication, you will need to provide a unique code once your type in your email and password. To get your unique code, use the Google authenticator app downloaded into your smartphone.
Step 2: Buying your first Bitcoin (BTC)
To send money to your Crypto wallet account on Binance either directly via your bank account through SWIFT money transfer or you can opt to use your debit/credit card. For this part, I will guide you on how to use your credit card.
Binance previously didn’t allow the use of credit or debit cards on its platform, but the same has been introduced. Binance partnered with Simplex to allow its users to use their credit and debit cards to buy Bitcoin or Ethereum. This has led to faster Crypto transaction speeds, low transaction charges, and more transaction flexibility.
I highly recommend buying Bitcoin first and then trading it for the right amount of Ulti Arena (ULTI).
It is easy to purchase Bitcoins via your credit card but I will elaborate on best ways you can do it step-by-step to make sure you understand all the trading nitty-gritty.
- Move your mouse’s cursor to ‘Buy Crypto’ tab found on the top bar and activate the dropdown menu. Then choose the currency, For instance, US Dollars, and click the ‘Credit/Debit Card’ to lead you to the next step.
- You be led to the next page; in this page you will see options to choose the desired Bitcoin (Select BTC), and the amount you need to spend to buy your choice Bitcoin amount. The total amount you need to spend will be displayed according to the Bitcoin amount you request and the matching market price at that time (inclusive of all fees). However, you can choose to first set the total charge then the system will automatically calculate the order amount for you.
- Fill in your credit card details and personal information too. Once done, you need to click “Pay now” and give it a moment to verify your details.
- You will be required to verify your email and phone number if it happens to be your first simplex payment via a code send through your email or an SMS. Complete the verification process by opening the link in your email and type in the code you receive via SMS. Once you do all the above, you can click “Continue”.
- Verification of identity follows next via the use of an official document. Basically upload your identification document photo accompanied by your personal details and click the “Upload Document” tab.
Lastly, your personal document will be approved once verified by the system and an email send to show the confirmation of order purchase. Subsequently, your Binance account is credited with the purchased BTC or Ethereum.
Step 3: Transferring Your Cryptos to an Altcoin Exchange HotBit
Now let us purchase Ulti Arena (ULTI) using your investment from Binance.
But, not every crypto can be traded in Binance we need to transfer our coins to an exchange that Ulti Arena (ULTI) can be traded.
So let me guide you to Hotbit which is a famous exchange to trade altcoins. We will use the link below to register your new account.
If you have completed similar processes as we’ve done before with Binance you are ready to transfer your Bitcoins.
Step 4: Depositing BTC to Exchange
You have to deposit to hotbit once you have created your trading account setup at one of the exchanges that trades Ulti Arena (ULTI), you will need to transfer your BTC from Binance to that specific exchange.
Use your wallet system to do this. Next, move your mouse over to wallet on the top right and click “Deposit”. You have to make sure the setup 2FA in this part. Find “BTC” from Token section and copy the given “Deposit Address”
This part may be difficult to do, it is easier than a bank transfer. But once you copy your unique BTC wallet address go back to Binance.
Then move your cursor to “Wallet” on the right hand side of the topbar and once the popup shows up, click on “Fiat and Spot (Deposit & Withdrawal)”. Look for BTC in the list and click on “Withdraw” on the right hand side.
Next, paste the deposit address you just copied from the other exchange and select BTC as the transfer network. Then type the amount that you want to withdraw (you may click the Max button if you want to withdraw all).
Then click on the Submit button to begin with the withdrawal process. To continue with the withdrawal, Binance may ask you for your 2FA code and also you will have to confirm the withdrawal with an e-mail.
That’s all, now you should wait for a while so that the blockchain to confirm your transaction.
Step 5: Trading Ulti Arena (ULTI)
Now you need to go back to Bitmart to buy Ulti Arena (ULTI) with the Bitcoins you sent.
Then click “Exchange” and you will see trading menu. hotbit trade In the left column make sure to choose“BTC” pair and in the search bar type in “ULTI”.
If you have moved your coin click on it and now you will see a price chart of ULTI/BTC in the middle of the page. Select the “Market” tab as that is the most straight-forward type of buying orders.
Also you can either type in your amount or choose what portion of your BTC deposit you would like to spend on buying, by clicking on the percentage buttons.
After you have confirmed everything, click “Buy ULTI”. You have your own your ULTI!
Other Exchanges to Buy Cryptos
The following are other sites you can buy from these exchanges:
HotBit (Which permits US investors)
MXC (This exchange allows US investors)
On top of the above-listed exchanges, there are some more common crypto exchanges where daily trading volumes and a huge user base is available. This helps to ensure that you can sell your coins any time you want and the charges for the trading are not high. It is recommended that you should also register on these exchanges because whenever Ulti Arena gets listed there it give the traders who have already registered a large amount of trading volumes, that means you will be provided with some great trading opportunities!
Final Step: How to Store Ulti Arena securely in hardware wallets
1. Ledger Nano S
- Easy to set up and has a friendly trading interface.
- Allows use on desktops and laptops
- Lightweight and Portable too
- Has been designed to Support most blockchains and a wide range of (ERC-20) tokens
- Has many trading languages.
- Designed by a well-established company found in 2014 with great chip security
- It is not expensive but can be acquired at affordable price
2. Ledger Nano X
- It made with a more advanced and secure element chip (ST33) than Ledger Nano S
- Has an easy design that allows the use on desktop or laptop, or even smartphone and tablet through Bluetooth connection.
- Also Lightweight and Portable and has a built-in rechargeable battery
- Has a Larger screen
- Comes with more storage space compared toLedger Nano S
- It supports most blockchains and wide range of (ERC-20) tokens
- Provides several languages for every customer
- It was designed by a famous company found in 2014 with great chip security
- Can be obtained at an affordable price
If you still have plans to stay at hodl” as some people call it, basically misspelt “hold” (which become famous as time passes) your Ulti Arena for some long time, you need to find ways to ensure it stays safe safe,
However Binance is the most safe cryptocurrency exchange, in the past few years there have been hacking incidents and funds were lost. Because of the design of the wallets in exchanges, they will be accessible always via the internet (“Hot Wallets” as they are called), therefore exposing certain aspects of weaknesses.
Thus safeguard your cryptos by putting them in “Cold Wallets”, where the wallet will only have access to the blockchain(or simply “go online”) when you send out funds,. This reduces the chances of being hacked. For example, use a paper wallet which is a type of free cold wallet. It can also be defined as an offline-produced pair of public and private address and that you write on a paper for keeping safely with you. But, it is not permanent and may be faced by certain risk.
Thus, Hardware wallet is therefore the best compared to cold wallets. Since they are usually USB-enabled devices that can hold the key information of your wallet in the safest manner. Also they are designed using military-level security and their firmware’s are continuously upgraded by their manufacturers and this makes them extra safe to use. For example, Ledger Nano S and Ledger Nano X and are most common hardware wallets, you can buy one at $50 to $100 depending on the specifications they have. I highly recommend these for holding your assets because these wallets are a worthy every penny according to my experience and opinion.
Frequently Asked Questions
Is it possible to buy Ulti Arena with cash?
The answer is No. Because there is no way you can directly buy Ulti Arena with cash. But, using marketplaces such as LocalBitcoins to first buy Bitcoin, and completethe rest of the steps by transferring your bitcoin to respective AltCoin exchanges.
How do I Buy Bitcoin from local sellers?
You can go to LocalBitcoins that is a peer-to-peer Bitcoin exchange. It is more of a marketplace where users can buy and sell Bitcoins to and from each other. Users, known as traders, make advertisements to show their price and the payment method they want used. Then buyers buy from the traders to buy from sellers in a particular nearby region on the platform. LocalBitcoins is after all a good place to go to buy Bitcoins when it is impossible for you to find your favorite payment methods somewhere else. The site’s prices are high and you have you have to be extra careful to avoid conmen.
What are the quickest ways I can buy Ulti Arena while living in Europe?
While in Europe you have the advantage of buying cryptos in an easy and quick way. Because Europe has even online banks which help buyers to simply open an account and transfer money to exchanges such as Coinbase and Coinmama. Such banks which are common as online banks in Europe are Bunq, N26 and Revolut.
Can I use alternative platforms to purchase Ulti Arena or Bitcoin with credit cards?
Yes you can, you just need to visit Changelly which an easy to trade in site especially when it comes to buying Bitcoin with credit cards. It provides an automatic cryptocurrency exchange that gives a buyer the opportunity to exchange crypto fast and buy them using credit card. It has been designed to allow users to have easy crypto buying since it has a simple user interface and provides instructions that are easy to follow too.
What Is ULTI ARENA?
Ulti Arena is the first ever NFT marketplace for Game Assets with Proof of Gaming, it solves the problem of traceability and uniqueness of all those assets. By implementing NFT — Non-Fungible Tokens, Artists and Developers can easily track their digital assets usage on blockchain. It also creates new ways of earning: NFT’s can be sold as unique pieces of art that can’t be reproduced and there’s only one owner. Buyers can bid onone-of-a-kind game assets, UI or music. Artists will be able to create their own storefronts complete with customizable themes, colours and unique URL! Developers can also discover Artists through their portfolios. It will be much easier now to find a partner for the next Indie game project or someone to join the AAA game development efforts.
Apart from catering to Game Artists and Developers, Gamers will also find something for themselves. As Axie Infinity has shown (People in Phillipines earn money playing games ), playing games can also produce passive income. At Ulti Arena, we’re striving to create a thriving community of Game Enthusiasts. With Discussion Boards, users will be able to earn ULTI Tokens, which will be tradable on major cryptocurrency exchanges. An innovative Proof-of-Gaming concept will also provide a consensus mechanism for users to earn ULTI Tokens by just playing games. The longer they play, the more ULTI Tokens will be generated for that particular player.
What’s more, Ulti Arena will release its own Collectibe Card Game which will also use Proof of Gaming – each card will be unique and 100% owned by the player. The game is called Ultimate Battle Arena.
ULTI Token and use cases
30% of all Ulti Arena’s revenue goes to Buy Back and Burn
At the center of the whole platform will be ULTI tokens. There will be multiple ways holders of ULTI tokens can benefit from Holding ULTI’s:
Artists, Game Developers will earn through sale of NFT’s through the marketplace,
30% of total revenue of NFT Marketplace, Proof of Gaming and our Crypto Collectible Card Game will go to Buy Back and Burn ULTI’s,
By participating in the community discussion boards, events, competitions, tournaments: Gamers, Artists and Game Developers will earn ULTI tokens.
6% tax – 2% burn, 2% reflection and 2% auto-LP
CEX transactions will be whitelisted and as such, will have no taxes (meaning that trading on CoinTiger, BitMart etc. will be untaxed),
For each buy/sell transaction on DEX – there will be “Reflection”: the 2% fee is subsequently distributed among all ULTI holders,
The second component, 2% auto-LP is the fee that will be paid and then distributed to various liquidity pools on DEX’es (PancakeSwap, UniSwap, Quickswap among others),
The third component – 2% is a token burn that occurs at the conclusion of each transaction.
Staking and Yield Farming
ULTI tokens can be staked for special NFT rewards,
ULTI’s can also be staked to get ULTI’s – APR’s will depend on the period of Staking,
Yield Farming includes staking ULTI-BNB to get NFT rewards or ULTI’s,
Access to exclusive collection for owners of at least 10,000 ULTI tokens,
Option to highlight and promote assets, merch on NFT Marketplace will be available only to ULTI token holders.
Access Proof of Gaming
The only way to access Proof of Gaming is to buy access with ULTI Tokens,
For each game, in order to “unlock” it and start Play2Earn, players will need to buy access with ULTI Tokens,
There will be a possibility to trade in-game items with ULTI tokens (such as skins etc.)
Access Ultimate Battle Arena (our Game)
ULTI tokens can be used to access and buy new card decks from our upcoming Crypto Collectible Card Game (CCCG),
The only way to start playing Ultimate Battle Arena is through spending ULTI’s to buy the new starting deck,
All cards in UBA will be NFT’s – as such they’ll be traded on our NFT marketplace,
Our NFT Marketplace will accept ULTI’s as form of payment for NFT’s – so again, players will need ULTI’s to buy/sell the NFT cards on the marketplace
Discounts and Rewards
Commission discount on each purchase and sale on our platform in return for holding ULTI tokens (special prices on Spaces feature: showcasing portfolio / build own Artists’ website in the SaaS model, on Collaboration features: getting comments on Artworks and more),
Discounts on products and services when paying with ULTI tokens,
How Many ULTI Coins Are There in Circulation?
MAX Supply is at 250 BLN ULTI’s. But during the PreSales there were already burned 45,648,408,151 ULTI’s, Total Supply is now at 204,283,151,376. Out of which around (as of 12.09.2021) there’s 1,772,079,059 is in circulation.
What’s Ulti Arena’s Game?
Making our own game allows the community to really experience Play2Earn at another level. We feel like crypto gaming is kind of dull and boring. That’s why we’ve partnered with reputable Game Studios to make it more exciting while allowing players to earn by gaming.
We chose the Collectible Card genre but will ultimately mash it up with AFK Arena and Mobile Legends.
The core gameplay mechanics for Play2Earn
List of core mechanics of Ultimate Battle Arena (subject to change):
Choose your valiant ‘Heroes’ and represent them in combat. Each with special cards & playstyles, making every deck feel unique!
Strategize, play cards & utilize your Hero Power to attack enemy targets. Strive to take control of the Battle Board
Keep an eye out on how you spend Mana. You’ll need it to perform most of your actions.
Use special cards, spells, weapons, and secrets to disrupt your opponents.
The objective? Finish off your enemy players health and emerge victorious! Earn Benders of Valor (BOV) – a new token that will be used to craft new cards and a sort of in-game currency