coin_name

Uma Price in India (UMA)

₹0

arrow_icon

NaN%

1D

1W

1M

6M

1Y

ALL

1D

1W

1M

6M

1Y

ALL

UMA to INR Converter

As per last price at 00:00:00, 01/01/70

INR

UMA

TRADE UMA NOW

chevron_right_black

UMA Performance

24H Low

-

24H High

-

Price Change 24H

-%

Price Change 7D

-%

UMA Market Information

Popularity

-

Market Cap

-

24H Volume

-

Circulation Supply

-

UMA Price Today

The live price of Uma is ₹ 0 per (UMA / INR) with a current market cap of INR. 24-hour trading volume is ₹ INR. UMA to INR price is updated in real-time. Uma is +0% in the last 24 hours with a circulating supply of .

About Uma (UMA)

What is uma ?

UMA is the utility token of the UMA ecosystem, also known as Universal Market Access. The project is based on the objective of the creation of synthetic assets on the Ethereum mainnet. The project was first rolled out in 2018 and has undergone lots of developments since. UMA allows users to establish value by creating synthetic assets.

Synthetic assets are essentially securities that mimic the price action of an underlying asset but don’t require the owner to actually own that asset to trade it. UMA’s platform specifically enables users to create financial contracts around such synthetic assets and let them run on Ethereum.

Primary features of uma

  • UMA is an ERC20 token and is, hence, based on the Ethereum mainnet.
  • It is a token that is mainly used by the UMA ecosystem for governance and dispute resolution functions.
  • Governing participants are rewarded in UMA for helping make decisions about the network.

Is uma a promising cryptocurrency?

UMA is a promising cryptocurrency because it seeks to democratize the derivative asset markets by allowing users to create financial contracts on the blockchain. It seeks to solve the problem with traditional financial institutions that impose huge barriers to entry to new users in terms of rules and regulations. 

How to use uma?

  • UMA can be used by holders to vote on proposals known as Uma Improvement Proposals made in the UMA ecosystem.
  • Holders can also cast their vote on price requests made to the Data Verification Mechanism made through the voting dApp on the platform.

Pros & Cons of uma

Pros

  • The coin has moved aggressively over the last couple of years. Even today, it sits very high above its initial listing price of $1.16.
  • UMA seeks to solve a huge problem in the derivatives market and could become a valuable asset once its applications start becoming popular.

Cons

  • It still ranks at #136 by market cap even when it is fairly close to its all-time high. Aggressive price movements are not sustainable and hence, investors should buy only if they feel comfortable holding UMA in the medium to long run.

Trade uma on CoinSwitch kuber

  • You can start trading on the app with only Rs 100.
  • Enables immediate cancellation and deposit to bank accounts immediately.
  • Trade at null fees on this safest Bitcoin exchange.
  • Intuitive and easy user interface.
  • Offers easy monitoring to beginners.

FAQs

1. How do I buy Uma?

chevron_down

To buy Uma, do the following steps:

Step 1:

Sign in to your CoinSwitch app using your registered mobile number. Enter the OTP sent to your phone, then input your CoinSwitch PIN to access your account.

If you don't have an account, click here to register: new account.

Step 2:

After logging in, you'll find your CoinSwitch dashboard. Look at the top right corner for a search icon. Use it to find Uma.

Step 3:

Once you find Uma and are ready to buy, click on the Buy button at the bottom of the screen and follow the instructions to make your purchase.

2. What is the price of Uma?

chevron_down

The price of 1 Uma is ₹0.

Note: Uma prices are subject to change in the future based on market trends.

3. What is the price of Uma today?

chevron_down

The current price of 1 Uma is ₹0.

Note: Uma prices are subject to change in the future based on market trends.

4. Can I buy Uma for ₹100?

chevron_down
Yes! You can buy Uma for as low as ₹100 on the CoinSwitch app.

5. How much is 1 Uma in rupees?

chevron_down
The current value of 1 UMA is ₹0.

6. What is the current trend in Uma?

chevron_down
UMA has been NaN% in the last 24 hours.

Related Articles

article

Income Tax Slabs Rate FY 2023-2024 (AY 2024-25)

Simply put, income tax is levied by the central government on the income earned by individuals and businesses in a financial year.

article

10 Cheapest Cryptocurrencies To Invest in India

The crypto market is not just about Bitcoin and Ethereum. There are numerous crypto projects that have strong growth potential and have been known to give investors good returns.

article

Spot Trading vs. Futures Trading in Crypto: How Are They Different?

In crypto trading, traders use two popular methods—spot trading and futures trading. Both methods have their characteristics and benefits but they also come with risks.

article

Bitcoin Price Prediction & Forecast 2024-2050

Bitcoin, the first decentralized crypto, operates as a digital and decentralized form of currency. It enables peer-to-peer transactions without the need for intermediaries like banks or financial institutions.

UMA to INR Converter

As per last price at 00:00:00, 01/01/70

INR

UMA

TRADE UMA NOW

chevron_right_black
price_banner