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Convert
Ukrainian Hryvnia (UAH) to ICON (ICX) Instantly

UAH UAH
ICX ICX
Buy ICON (ICX)

Purchase ICON (ICX) with Ukrainian Hryvnia (UAH) easily at Switchere and benefit from fast, secure transactions.

About
ICON (ICX)

ICON (ICX) is a decentralized network and layer-one blockchain designed to solve the critical issue of blockchain interoperability. Its core mission is to facilitate seamless cross-chain communication, allowing independent blockchains with different governance structures to interact without intermediaries. This vision of creating a "digital nation" is powered by its proprietary Blockchain Transmission Protocol (BTP), a chain-agnostic solution that enables the transfer of both value and data across connected networks. This makes ICON a fundamental piece of Web3 infrastructure, connecting disparate digital assets and dApps into a cohesive ecosystem.

The network is built on a high-performance blockchain engine called Loopchain and secured by a Delegated Proof-of-Stake (DPoS) consensus mechanism. In this system, ICX holders stake their tokens to vote for Public Representatives (P-Reps), who are responsible for validating transactions and governing the protocol. The native utility token, ICX, is central to the ecosystem's tokenomics. It is used for paying transaction fees, executing smart contracts written in Java, participating in on-chain governance, and earning staking rewards. Through its advanced technology stack, ICON provides a robust framework for building scalable, cross-chain DeFi applications and services.

ICON (ICX)

How to Buy ICON (ICX)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose UAH to ICX Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your ICON Wallet Address

    Provide your ICX wallet address and proceed with the payment.

  3. 03

    Receive Your ICON

    Complete the payment, and your ICX will be sent to your wallet.

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Frequently asked questions

  • What does the UAH/ICX trading pair represent in the digital asset market?

    The UAH/ICX pair is a fiat-to-crypto gateway that allows you to purchase ICON (ICX), the native currency of the ICON blockchain, using Ukrainian Hryvnia (UAH). This pair signifies a direct on-ramp for Ukrainian investors to access the ICON ecosystem, which is focused on blockchain interoperability through its unique Blockchain Transmission Protocol (BTP) and a Delegated Proof-of-Stake (DPoS) consensus model.

  • What are the common methods to buy ICX with UAH on a cryptocurrency exchange?

    To purchase ICX with UAH, you typically need to use a fiat-friendly cryptocurrency exchange or a P2P platform. The process involves completing KYC/AML verification, depositing UAH via local payment methods like bank cards (Visa/Mastercard) or systems such as Privat24/Monobank, and then placing an order on the UAH/ICX order book. Ensure the platform has sufficient liquidity for this specific pair to avoid slippage.

  • What is the utility of holding ICX tokens after converting from UAH?

    Holding ICX provides several utilities within the ICON ecosystem. You can participate in network governance by staking your ICX and delegating it to Public Representatives (P-Reps), earning staking rewards in the process. ICX is also used to pay for blockchain transaction fees and for interacting with decentralized applications (dApps) and DeFi protocols like Balanced DAO, which operates on the ICON network.

  • How does ICON's Blockchain Transmission Protocol (BTP) add value to the UAH/ICX pair?

    ICON's Blockchain Transmission Protocol (BTP) is a core technology for interoperability, allowing secure transfer of data and value between different blockchains. For a UAH/ICX holder, this means the ICX asset is not confined to the ICON ecosystem. BTP enables ICX to potentially interact with assets and dApps on other major networks, enhancing its utility and creating a more connected, cross-chain digital asset environment.

  • What security measures are crucial when trading UAH for ICX and storing the digital asset?

    When trading UAH for ICX, always use a reputable cryptocurrency exchange with strong security protocols, including two-factor authentication (2FA). After purchasing, it is highly recommended to move your ICX from the exchange to a secure, self-custody digital wallet where you control the private keys. Options include hardware wallets (like Ledger) for maximum security or official software wallets such as Hana. Never share your private keys or seed phrase.
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