The live UMA price today is $8.33 with a 24-hour trading volume of $462.7 million. The crypto is up 73.45% in the last 24 hours. If you are attracted to unique features and want to learn how and where to buy it, this guide is for you.
Top places to buy UMA now
eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.
World's longest-standing crypto exchange. Since 2011 Bitstamp has been providing a secure and reliable trading venue to over four million individuals and a range of institutional partners.
What is UMA?
Known as Universal Market Access, is a protocol for the creation of synthetic assets based on the Ethereum blockchain. UMA was launched in December 2018.
Synthetic assets are a class of assets that represent different, underlying assets and have the same value. currency 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.
UMA allows counterparties to digitize and automate any real-world financial derivatives, such as futures, contracts for differences or total return swaps. It also enables the creation of self-fulfilling derivative contracts based on digital assets, like other cryptocurrencies.
Should I buy it today?
Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.
UMA price prediction
Tech News Leader is bullish on its price, predicting it will pass $10 in 1 year. They forecast 1 UMA will be worth $30.21 in 5 years and $203.34 in 10.
UMA on social media
— 🌐 𝐃𝐄𝐅𝐈 𝐍𝐄𝐖𝐒 🌐 (@Definews_Info) March 1, 2022