No Regulation

Score

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/10

Ultron Swao

United Arab Emirates

|

1-2 years

Suspicious Regulatory License|

Medium potential risk

https://ultronswap.com/

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Ultron Swao
info@ultron.foundation
https://ultronswap.com/
Influence
E

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No effective regulatory information has been founded yet, please pay attention to the risks!

WikiBit Risk Alerts

1
Previous Detection 2024-09-18

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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Company Name
Ultron Swao
Regulatory Status
No Regulation
Abbreviation
Ultron Swap
Platform registered country and region
United Arab Emirates
Phone of the company
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AspectInformation
Company NameUltron Swap
Registered Country/AreaUnited Arab Emirates
Founded Year1-2 years ago
RegulationNot regulated
Cryptocurrencies AvailableAVAX, LINK, DAI, wBTC, wETH, MATIC, CAKE, FTM, ADA, and more
Trading FeesTypically less than $0.01 per transaction
Payment MethodCard payments, Apple Pay, wire, cash app and Google Pay
Customer Supportinfo@ultron.foundation

Overview of Ultron Swao

Ultron Swap is a decentralized exchange (DEX) based in the United Arab Emirates, operational for approximately 1-2 years. It offers a variety of cryptocurrencies for trading, including major tokens like AVAX, LINK, and others, with low transaction fees typically under $0.01 per transaction.

The platform boasts advantages such as various liquidity pools, easy cross-chain bridge functionality, and 24/7 customer support. Not regulated by any authority, Ultron Swap emphasizes security through secure wallet integrations and decentralized architecture for users.

Overview of Ultron Swao

Pros and Cons

ProsCons
Low transaction fees typically less than $0.01 per transactionNo dedicated mobile platform
Easy cross-chain bridge providedLack of regulatory oversight
Various liquidity pools
Wide range of cryptocurrencies for trading
24/7 customer support

Pros:

  • Low transaction fees (typically less than $0.01 per transaction):

Ultron Swap offers cost-effective transactions, making it economical for users to trade and engage in DeFi activities without high overhead costs.

  • Easy cross-chain bridge provided:

The platform facilitates easy asset transfers between different blockchain networks, enhancing flexibility and interoperability for users managing various portfolios.

  • Various liquidity pools:

Ultron Swap provides a wide range of liquidity pools, allowing users to contribute assets and earn fees while enhancing market depth and accessibility for traders.

  • Wide range of cryptocurrencies for trading:

With a comprehensive selection of cryptocurrencies including major tokens and emerging assets, Ultron Swap serves various trading preferences and investment strategies.

  • 24/7 customer support:

Ultron Swap offers round-the-clock customer support via multiple channels, ensuring users can receive assistance promptly for any inquiries or issues they encounter.

Cons:

  • No dedicated mobile platform:

The absence of a dedicated mobile app limits accessibility for users who prefer to trade on the go, potentially reducing convenience for mobile-centric traders.

  • Lack of regulatory oversight:

Operating in a decentralized manner without regulatory oversight means Ultron Swap lacks consumer protections and transparency measures that regulated exchanges provide.

Regulatory Authority

Ultron Swap operates without regulatory oversight from any authority.

This lack of regulation means the platform operates autonomously within the decentralized finance (DeFi) space. Users face higher risks due to potential lack of consumer protections and transparency typically provided by regulated entities.

Security

Ultron Swap employs several security measures to safeguard user assets and transactions. These include:

  • Secure Wallet Integration: Encourages users to connect through trusted wallets like MetaMask, ensuring private key management and secure transactions.
  • Decentralized Architecture: Utilizes decentralized exchange (DEX) protocols, reducing the risk of centralized points of failure and enhancing resilience against hacking attempts.
  • Cryptocurrencies Available

    Ultron Swap offers a wide range of cryptocurrencies for trading, serving to various investment strategies and preferences.

    Major tokens like AVAX, LINK, DAI, uUSDC, wBTC, and wETH are prominently featured, alongside newer entrants like MATIC, CAKE, FTM, ADA, DOT, and PEPE.

    This extensive selection reflects the platform's commitment to providing options across different blockchain ecosystems, from established coins to emerging DeFi and meme tokens.

    Cryptocurrencies Available

    Trading Market

    Ultron Farm offers a wide range of cryptocurrencies for swapping, staking and farming, including major assets like AVAX, LINK, DAI, uUSDC, wBTC, wETH, and emerging tokens such as MATIC, CAKE, FTM, ADA, and PEPE.

    The platform also supports bridging and card services, enhancing accessibility and functionality for users.

    Trading Market
    Token PairUSD/EUR Price24H Volume7D VolumeMarket ShareMarket Trend
    wULX-uUSDT$87796.249$643 17922.111%$647 880
    wULX-uUSDC$14386.524$67 99115.345%$458 815
    wULX-LINK$14018.223$81 46313.764%$68 199
    wULX-AVAX$10034.4$79 00918.606%$50 451
    BNB-wULX$8696.028$71 71217.753%$79 316
    wULX-DOT$7609.441$67 34920.206%$58 537
    wULX-CAKE$7039.685$71 74317.726%$52 957
    ADA-wULX$6866.034$58 16217.498%$53 646
    wULX-FTM$6487.684$43 01420.157%$69 855
    wULX-MATIC$6473.035$40 61924.256%$58 050

    Fees

    Ultron Swap offers a competitive fee structure designed to facilitate cost-effective trading. Each transaction on Ultron Swap incurs a minimal fee, typically less than $0.01 per transaction.

    This low transaction cost is advantageous for users conducting frequent trades, ensuring affordability and maximizing the value of investments.

    Fees

    Payment Method

    Ultron Swap supports convenient payment methods including card payments, Apple Pay, wire, cash app and Google Pay.

    These options streamline the process of purchasing cryptocurrencies directly through the platform, enhancing accessibility and user experience for those seeking efficient and secure transactions.

    Payment Method

    How to Buy Cryptos?

    Buying cryptocurrencies on Ultron Swap typically involves connecting your wallet and executing transactions through decentralized exchange (DEX) protocols. Heres a step-by-step guide:

    Step 1: Connect Your Wallet

    • Ensure you have a compatible wallet such as MetaMask, SafePal, or Coinbase Wallet.
    • Open Ultron Swap and look for the option to connect your wallet. Choose “WalletConnect” or a specific wallet like MetaMask.
    • Follow the on-screen instructions to connect by scanning a QR code or using a browser extension (e.g., MetaMask).
    How to Buy Cryptos?

    Step 2: Deposit Funds

    • After connecting your wallet, navigate to the deposit or swap section of Ultron Swap.
    • Select the cryptocurrency you want to deposit or swap into another token.

    Step 3: Select Trading Pair

    • Choose the trading pair you wish to exchange (e.g., ETH to wULX) from the available options listed on Ultron Swap.

    Step 4: Set Amount

    • Enter the amount of cryptocurrency you want to buy or exchange. Ultron Swap will automatically calculate the equivalent amount based on current market rates.

    Step 5: Confirm Transaction

    • Review the transaction details, including fees and exchange rates.
    • Confirm the transaction on your connected wallet. You need to approve the transaction with your wallets security measures (e.g., confirming on MetaMask).

    Step 6: Complete Transaction

    • Once confirmed, the transaction will process through the blockchain. Monitor the progress on Ultron Swap or your wallet interface.
    • Once completed, youll see the updated balance of cryptocurrencies in your wallet on Ultron Swap.
    How to Buy Cryptos?

    Services

    Ultron Swap provides several key services to facilitate cryptocurrency trading and liquidity management:

    ULX/wULX: Swap between ULX and wULX tokens on the Ultron network.

    Swap: Exchange tokens with low transaction fees and high demand.

    Liquidity: Contribute to liquidity pools to earn exchange fees.

    Farm: Stake assets to earn wULX tokens through liquidity provision.

    Stake: Earn fees and rewards based on your stake in liquidity pools.

    Bridge: Easily transfer assets between Ultron and other blockchain networks with minimal fees.

    Services

    Is Ultron Swao a Good Exchange for You?

    Ultron Swap is the best cxchange for experienced DeFi traders and liquidity providers due to its robust offering of liquidity pools, low transaction fees, and easy cross-chain bridge capabilities. These features specifically serve users seeking to optimize their trading strategies and capitalize on decentralized finance opportunities across multiple blockchain networks.

    Ultron Swap appeals to two main target groups:

    • Crypto Enthusiasts and Traders: Individuals actively involved in cryptocurrency trading who appreciate low transaction fees and a wide selection of tokens for swapping and liquidity provision. Ultron Swap's focus on decentralized finance (DeFi) features like farming and staking can attract users seeking to maximize returns on their assets.
    • DeFi Innovators: Developers and enthusiasts interested in exploring and participating in DeFi protocols. Ultron Swap's bridge functionality, allowing easy asset transfers across different blockchain networks at minimal fees, appeals to those looking to leverage multiple blockchain ecosystems efficiently.
    • Customer Support

      Ultron Swap offers robust customer support available 24/7. For inquiries or assistance, you can reach out via email at info@ultron.foundation. Their dedicated support team is ready to address any questions or issues promptly and efficiently.

      Customer Support

      FAQ

      What are the transaction fees on Ultron Swap?

      Ultron Swap charges low transaction fees, typically less than $0.01 per transaction.

      How many cryptocurrencies are available for trading on Ultron Swap?

      Ultron Swap offers a wide selection of cryptocurrencies, including over 20 major tokens such as AVAX, LINK, DAI, wBTC, and others.

      Does Ultron Swap have regulatory oversight?

      No, Ultron Swap operates without regulatory oversight from any authority.

      How can users contact customer support at Ultron Swap?

      Users can contact Ultron Swap's customer support 24/7 via email info@ultron.foundation for assistance with their trading and account inquiries.

      Risk Warning

      Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.