UMA (UMA) Trading Up 7.1% This Week

UMA (UMA) traded down 1.4% against the U.S. dollar during the one day period ending at 18:00 PM ET on July 30th. One UMA token can now be purchased for $2.44 or 0.00003676 BTC on popular cryptocurrency exchanges. UMA has a market cap of $200.19 million and approximately $27.40 million worth of UMA was traded on exchanges in the last 24 hours. During the last seven days, UMA has traded 7.1% higher against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded down 0.3% against the dollar and now trades at $0.18 or 0.00000273 BTC.
• 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 2.2% lower 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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.
• Lumi Credits (LUMI) traded down 3.1% against the dollar and now trades at $0.0130 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

UMA Token Profile

UMA launched on January 9th, 2020. UMA’s total supply is 120,404,698 tokens and its circulating supply is 82,191,040 tokens. UMA’s official message board is medium.com/uma-project. UMA’s official Twitter account is @umaprotocol and its Facebook page is accessible here. The official website for UMA is umaproject.org.

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 currently possible to purchase alternative cryptocurrencies such as UMA directly using US dollars. Investors seeking to trade UMA should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase UMA using one of the aforementioned exchanges.

UMA/USD price chart by TradingView