Frequently asked questions

General Questions

1. What is Useless Utility (UU)?

Useless Utility (UU) is a cryptocurrency project that offers an Over-the-Counter (OTC) marketplace for secure and responsible trading of various cryptocurrencies. It aims to prevent price dumping and provide a platform for users to trade large holdings without negatively impacting the market.

2. How does the UU OTC marketplace work?

The UU OTC marketplace allows users to create buy and sell orders for cryptocurrencies. These orders are matched with others, providing a secure and efficient way to trade cryptocurrencies outside of traditional exchanges.

3. Why should I use Useless Utility's OTC marketplace?

UU's OTC marketplace is designed to prevent massive price fluctuations often associated with large trades on public exchanges. It offers a more controlled and fair environment for trading large cryptocurrency holdings.

4. Is UU a cryptocurrency itself?

Yes, UU has its own cryptocurrency token (UU). While UU provides a trading platform, the UU token is used for various purposes within the ecosystem, including transaction fees and incentives.

Getting Started

1. How do I create an account on Useless Utility?

To create an account, visit our platform and connect your MetaMask wallet. You'll need to provide basic information and complete account verification steps for security.

2. What cryptocurrencies can I trade on UU's OTC marketplace?

UU's OTC marketplace supports a wide range of cryptocurrencies.

3. Is there a minimum or maximum trading limit on UU?

UU's OTC marketplace is designed to accommodate both small and large trades. There are no specific minimum or maximum trading limits, allowing flexibility for users.

Security and Privacy

1. How secure is my UU wallet?

UU takes security seriously and employs industry-standard security measures to protect your wallet. It's essential to follow best practices in securing your account and wallet.

2. Are my transactions on UU private?

UU prioritizes user privacy and follows a privacy policy. While transactions on the blockchain are typically transparent, we take measures to protect your personal information.

Support and Contact

1. How can I get in touch with UU's support team?

You can reach out to our support team through the contact options provided on our website

2. Can I contribute to the UU project?

Yes, we welcome contributions from the community. You can contribute to the project by providing feedback, suggesting improvements, or even getting involved in development efforts. Check our Contribution Guidelines for more information.

3. Where can I find updates and news about UU?

Stay updated with the latest news and announcements by following our official social media channels and checking our blog section on the website.

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