U CAS

Q: When will UCASH be listed on an exchange?

It will be listed by the time the IBO period is complete.

Q: What does U.CASH stand for?

The U stands for Universal. U.CASH means Universal Cash.

Q: Where is U.CASH available?

U.CASH is global. Our mission is to make peer to peer financial services available across the world. As of now, we are supporting 54 national currencies,as well as Bitcoin and other cryptocurrencies. Bank account support is live for converters that accept bank deposits. And you may look for U.CASH converters in your city through our app. We are constantly working on developing bank account integration in new countries, and in broadening the reach of our converter network. If you would like to request a converter in your region, or add your bank to our list, please do let us know at converters@u.cash

Q: What can I use U.CASH for?

You can use U.CASH for sending and receiving money, requesting payments and withdrawing funds, paying bills, taking out loans, buying/selling cryptocurrency, buying/selling goods, investing, foreign exchange, and more, anywhere in the world just from your smartphone. With U.CASH, you can deposit funds into your U.CASH wallet through a converter, your bank account, or through any 3rd-party cryptocurrency wallet.

Q: How many decimal points does UCASH have?

Seventeen.

Q: What’s the difference between U.CASH and UCASH?

U.CASH is a peer to peer money transfer network. UCASH is the name of the currency.

Q: What is the Value of UCASH?

U.CASH is set at 100 U.CASH per dollar during the IBO. When it starts trading on the exchanges the price of U.CASH will be determined by supply and demand on the markets.

Q: What gives UCASH its value?

U.CASH is used as fuel, to pay for financial services of all types on the network. This means that there is a constant demand for U.CASH and upwards pressure on the price, as long as U.CASH services are being used.

Q: How is U.CASH different from PayPal and Venmo?

U.CASH is the world’s first digital fiat agnostic, cryptocurrency agnostic, and blockchain agnostic, peer to peer money transfer network. U.CASH converters represent a global, shared network of consumers helping each other easily deposit/withdraw cash, and access financial services from the U.CASH app anywhere in the world.

Q: Why use U.CASH instead of regular cash?

U.CASH combines the power of cash with global, instant transactions. It lets you manage your money currencies from different countries in one app. It lets you cheaply convert cash to digital currency in country A, travel to country B, and convert your digital currency back into local cash.

Q: Why use UCASH instead of other cryptocurrencies such as Bitcoin and Ethereum?

There are multiple reasons.

The U.CASH platform lets you store value locked to non volatile fiat currencies.

UCASH Distributes value of the network to all U.CASH contributors, including core team, community members, bounty hunters and others, letting them share in the success of the network.

UCASH exists on multiple blockchains, and lets users access cross blockchain functionality with one currency

Q: Where is my money held?

Your money is held on the U.CASH wallet. Your U.CASH wallet is held privately on your computing device. The U.CASH wallet is a non-custodial cryptocurrency and digital fiat wallet that allows you to see the value of your funds in any world currency you choose. U.CASH has no access (ever) to the private keys that reference your funds. The U.CASH model is 100% peer-to-peer, with no middle man ever holding, managing or touching your funds at any point in any transaction. In order to safeguard the funds held on your U.CASH wallet, it's imperative to create a backup and save your recovery phrase in a safe place in the event your phone gets broken, stolen or the app gets deleted by accident.