en
RSS
Soon
Soon
Soon
Soon
UpToken

UpToken (UP)

$ 0.24
-6.57 %
Main info
News
Comments
Markets
Analytics
Market cap
$1.42M
-6.57 %
Volume (24h)
$2.18M
-6.57 %
Circulating supply
21,000,000 UP

About UpToken

UpToken Rewards

UpToken is a reward for our ATM customers. Coinme uses 1% of every ATM transaction to purchase UpToken, which is given to customers as a 1% “cash back” reward. The customer can use their UpToken to receive a 30% discount on ATM fees by paying with UpToken. However, the UpToken that is rewarded to ATM users through using the ATM is not available for withdrawal until that user has reached $10,000 in ATM volume.

Cryptocurrency Auctions

Additionally, Coinme will periodically hold auctions to determine which cryptocurrencies should be added to Coinme ATMs (currently Coinme only supports bitcoin, and ethereum is going to be added soon). These auctions will require UpToken to participate. We do not discriminate against which protocol ultimately wins – we want to have a huge network of ATMs ready to support the big coin of the future, and the boosters of that coin will need UpToken to secure their spot on our network.

These auctions will be held as often as will provide maximum benefit to the UpToken community and ATM customers. We plan to hold the first auction immediately after the token sale (once we have sent the UpTokens).

Key data

updated $0
Market cap$1.42M
Volume 24h$2.18M
Circulating supply21M
All-time high$1.12-79% from peak · 2023-12-01

UpToken (UP) is a cryptocurrency token built on a smart contract platform, identifiable by its ticker UP. In simple terms, it's a digital asset that exists on the blockchain rather than as a standalone coin with its own network. Like other tokens, it can be transferred, held in compatible wallets, and used within the ecosystem its team has built around it.

Frequently asked questions

What is UpToken and how is it different from Bitcoin?

UpToken (UP) is a token, not a standalone cryptocurrency like Bitcoin. It runs on top of an existing blockchain via a smart contract (0x6ba460ab75cd2c56343b3517ffeba60748654d26), rather than maintaining its own network of miners. Bitcoin is a self-contained payment system, while UP is an asset that depends on the host platform for security and transaction processing.

How does UpToken work technically?

UP is implemented as a smart-contract-based token following token standard 3. This means all transfers, balances, and ownership records are managed by code on the blockchain, with no central server involved. Every transaction is validated by the underlying network's consensus mechanism, making the ledger transparent and tamper-resistant.

How is the supply of UpToken structured?

The token's total supply and emission rules are hard-coded into its smart contract, so they can't be changed on a whim. Because everything lives on-chain, anyone can verify the supply and distribution independently. For the latest supply figures, check the live data blocks on this page or a blockchain explorer.

How can I store and use UpToken?

Since UP is a smart-contract token, it can be stored in any wallet that supports this token standard. You'll need the contract address (0x6ba460ab75cd2c56343b3517ffeba60748654d26) to add it manually to a wallet like a browser extension or hardware wallet interface. Transfers work like any other token: you sign a transaction, pay the network's fee, and the blockchain does the rest. More details are available on the official site, https://uptoken.org/.