Uquid Review

in dappreview •  6 years ago 

We are finding new ways of including crypto into our lives and making simple payments with them. Uquid has come up with a simple means of making payment using cryptocurrency.
Stateofthedapps financial category Ranks Uquid as a dapp in this said category because of its use.

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Uquid is a multipurpose platform that enables a crypto holder to spend, trade and make everyday payments.

"One of Ethereum Technological trends. The goal of this blockchain asset is to supplement the development of UQUID Ecosystem. In this virtual revolution, coin holders will have the benefit of instantly and effortlessly cashing out their coins." stateofthedapps page

The Home Page
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To use this service, you will have to visit their homepage here.

Services
Here is a list and short explanation about some of the features found in this platform

  • Paying trading Fees: You can use this service to pay trading fees. You also earn a percentage when you do this
  • Mobile Top Up: Uquid is focused on simplifying and promoting the adoption of crypto and in including a mobile top up capability, it achieved this.
  • Bill Payment: With Uquid, you can make all sorts of payments that I will discuss below.
  • Food Voucher: You can get food vouchers that can be used at supermarkets
  • Pharmacy Voucher; You can also get vouchers to purchase drugs at a pharmacies in your area
  • Utility Payment: With this service, you can make payment including electricity, water etc. This service makes the whole process easier by having direct access to the service providers and exchanges the crypto currency to funds instantly.
  • Liquidity: UCQ, the local token used on the platform can be easily exchanged in a couple of exchanges listed at the bottom of the homepage. UCQ is an ERC-20 token and can be stored in most wallets that hold these tokens.

Trading

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To use the local trading platfor, you select "trading" at the top right of the screen and your browser will be redirected to OMGfin exchange. UCQ can be traded against BTC on this platform.
You can also trade using






All images were gotten here

UQUID Debit Card
This platform went the extra length by creating a debit card that can be used in many ATMS in the world. The platform

Uquid guarantees for free access to bitcoin, ethereum, litecoin, ripple, monero, dash and 83 other crypto-currencies network. Uquid allows users to utilise all the benefits of transfer coins into their Uquid wallet with a real market price.
With the Uquid reloadable card you can load easier and continue spending 24/7. Freelancers, gamblers, paypal, shop owners can use the card to receive money and spend funds worldwide
In a world's first, users can spend over 90 different crypto-currencies on mobile top ups, bill payments, pharmacy and food vouchers, transportation tickets, wi-fi recharges, and PIN-less calls.
source

Benefits of UQuid Card

  • Easy access to your cryptocurrencies and ability to use them without converting to fiat
  • ATM withdrawals for when FIAT is necessary
  • MakePOS payments using the plastic debit card or use the virtual card for online payments.
  • Can easily convert between Pounds, Euros and Dollars, depending when you are.
  • The card is delivered for free and you are charged a small fee as monthly charge.
  • Mobile recharge with only your phone number required
  • Supports up to 80 cryptocurrencies.
    UQuid is building an ecosystem focused on simplifying the process of converting crypto to fiat and improve our lives. This ecosystem will go a long way in aiding the adoption cause and I would recommend it for any crypto enthusiast.

Rating: I would give this platform a 5/5

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