UMA (UMA) Price Hits $2.80 on Major Exchanges

UMA (UMA) traded 19% higher against the U.S. dollar during the 1-day period ending at 12:00 PM Eastern on November 10th. One UMA token can now be bought for $2.80 or 0.00003512 BTC on popular exchanges. UMA has a market capitalization of $240.95 million and approximately $68.23 million worth of UMA was traded on exchanges in the last 24 hours. In the last seven days, UMA has traded up 36.1% against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 4.6% higher against the dollar and now trades at $79,573.71 or 0.99771543 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 4.5% against the dollar and now trades at $79,446.47 or 0.99612002 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

UMA Token Profile

UMA was first traded on January 9th, 2020. UMA’s total supply is 121,972,203 tokens and its circulating supply is 86,014,183 tokens. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here. The official website for UMA is umaproject.org. The official message board for UMA is medium.com/uma-project.

According to CryptoCompare, “UMA (UMA) is an open-source blockchain protocol for creating and trading decentralized financial contracts (synthetic assets). Created by a team of experts, UMA allows users to customize financial products on the blockchain, empowering DeFi applications.”

Buying and Selling UMA

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

UMA/USD price chart by TradingView