UMA Trading 7.3% Lower Over Last 7 Days (UMA)

UMA (UMA) traded up 1.1% against the US dollar during the twenty-four hour period ending at 12:00 PM ET on September 23rd. One UMA coin can currently be bought for $2.34 or 0.00012476 BTC on exchanges. UMA has a market cap of $254.27 million and approximately $8.42 million worth of UMA was traded on exchanges in the last day. Over the last seven days, UMA has traded down 7.3% against the US dollar.

Here is how related cryptocurrencies have performed over the last day:

  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0490 or 0.00000262 BTC.
  • CareCoin (CARES) traded down 99.8% against the dollar and now trades at $0.0609 or 0.00000326 BTC.
  • OmniaVerse (OMNIA) traded up 5.2% against the dollar and now trades at $0.0044 or 0.00000024 BTC.
  • Euro Coin (EUROC) traded 0% lower against the dollar and now trades at $0.83 or 0.00004435 BTC.
  • Jeff in Space (JEFF) traded flat against the dollar and now trades at $2.07 or 0.00011034 BTC.
  • Lumi Credits (LUMI) traded 1.4% higher against the dollar and now trades at $0.0149 or 0.00000080 BTC.
  • AXIA Coin (AXC) traded 0% higher against the dollar and now trades at $13.43 or 0.00070385 BTC.
  • MVP Coin (MVP) traded down 28.6% against the dollar and now trades at $2,053.00 or 0.10760105 BTC.
  • Tarality (TARAL) traded down 11.3% against the dollar and now trades at $0.0008 or 0.00000004 BTC.
  • The Web3 Project (WEB3) traded up 213.7% against the dollar and now trades at $517.71 or 0.02213862 BTC.

UMA Profile

UMA’s genesis date was January 9th, 2020. UMA’s total supply is 108,895,081 coins. UMA’s official website 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, or Universal Market Access, is a protocol for the creation of synthetic assets based on the Ethereum (ETH) blockchain. UMA was launched in December 2018. Synthetic assets are a class of assets that represent different, underlying assets and have the same value. UMA specifically enables its users to design and create self-executing, self-enforcing financial contracts secured by economic incentives and run them on Ethereum’s blockchain. In essence, UMA allows counterparties to digitize and automate any real-world financial derivatives, such as futures, contracts for differences (CFDs) or total return swaps. It also enables the creation of self-fulfilling derivative contracts based on digital assets, like other cryptocurrencies.”

UMA Coin Trading

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

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