UMA (UMA) Price Hits $3.05 on Top Exchanges

UMA (UMA) traded up 1.5% against the dollar during the 1-day period ending at 11:00 AM Eastern on August 6th. Over the last week, UMA has traded 0.8% higher against the dollar. UMA has a market cap of $209.61 million and $12.72 million worth of UMA was traded on exchanges in the last 24 hours. One UMA coin can now be bought for approximately $3.05 or 0.00013137 BTC on major exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

  • BITCOIN ADDITIONAL (BTCA) traded 0.1% higher against the dollar and now trades at $23,224.77 or 1.00000000 BTC.
  • Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00004307 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Dai (DAI) traded 0% lower against the dollar and now trades at $1.00 or 0.00004305 BTC.
  • Polygon (MATIC) traded up 0.4% against the dollar and now trades at $0.92 or 0.00003971 BTC.
  • Mammoth (MMT) traded up 0.4% against the dollar and now trades at $0.84 or 0.00003637 BTC.
  • yOUcash (YOUC) traded up 0% against the dollar and now trades at $0.51 or 0.00002201 BTC.
  • FTX Token (FTT) traded up 0.7% against the dollar and now trades at $30.76 or 0.00132428 BTC.
  • Chainlink (LINK) traded up 1.6% against the dollar and now trades at $7.94 or 0.00034186 BTC.
  • Geegoopuzzle (GGP) traded up 6.8% against the dollar and now trades at $16.14 or 0.00069496 BTC.

About UMA

UMA is a coin. It was first traded on January 9th, 2020. UMA’s total supply is 108,609,348 coins and its circulating supply is 68,698,196 coins. The official website for UMA is umaproject.org. The official message board for UMA is medium.com/uma-project. UMA’s official Twitter account is @UMAprotocol and its Facebook page is accessible here.

According to CryptoCompare, “UMA is designed to power the financial innovations made possible by permissionless, public blockchains, like Ethereum. Using concepts borrowed from fiat financial derivatives, UMA defines an open-source protocol that allows any two counterparties to design and create their own financial contracts. But unlike traditional derivatives, UMA contracts are secured with economic incentives alone, making them self-enforcing and universally accessible. “

Buying and Selling UMA

It is usually not presently possible to buy alternative cryptocurrencies such as UMA directly using U.S. dollars. Investors seeking to trade UMA should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy UMA using one of the aforementioned exchanges.

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