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UMA
UMA
$0.0000AUD
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Buy UMA UMA

Universal Market Access (UMA) is a protocol built on the Ethereum network that allows users to create custom, collateralised, synthetic cryptocurrency. The advantage is that this synthetic cryptocurrency can track the price of virtually all assets. In other words, UMA allows users to trade any asset using ERC20 tokens without having actual exposure to the asset itself. This allows people to gain exposure to assets that they won’t normally have access to. UMA opens a world of possibilities for DeFi. In summary, it puts derivatives on the blockchain. Instead of using a price oracle, users are given financial incentive to do price discovery by identifying and liquidating token issuers. The initial supply of UMA token was 100 million, but it has no hard cap and can be inflationary and deflationary.

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Frequently Asked Questions (FAQs)

The UMA price is $3.8179 AUD, representing a +1.42% from the day prior.

Yes - you can easily buy and sell UMA (UMA) on Coinstash. Simply login or sign up, to start buying UMA (UMA) in minutes.

The best place to buy UMA (UMA) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell UMA (UMA) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

The trading volume of UMA (UMA) is $49.8M AUD in the last 24hrs, representing a +1.42% from the day prior.

UMA (UMA) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

The current market cap of UMA (UMA) is $318.7M AUD.

Yes - With Coinstash you can convert your UMA (UMA) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

The current circulating supply of UMA (UMA) is 83.9M.

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling UMA (UMA) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

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AUD
≈ 0.00000000 UMA