How to buy UMA? UMA
Buy UMA at the most competitive rate
Earn 86.21% APY UMA with Arbitrage Trading Bots
Ways to earn up to -50.59% passive income with your UMA
UMA($2.148476 10.38%)
Can't figure out how to buy UMA? Still confusing where to buy UMA with the best rate? Follow step by step, and you’ll learn how to buy UMA with powerful trading bots to earn more UMA.
Create a free Pionex account on website or App
1. Register a Pionex account on website or download the App. 2. Pass the KYC verification. 3. Choose your prefer way to buy UMA ⬇️
4 Different ways to buy UMA on Pionex
Pionex offers the fatest and cheapest rate to buy UMA, including credit card, debit card, bank wire, and ACH transfer. Some of these method are specifically for US citizens. You can choose the best way to buy UMA on Pionex in your country.
A. Buy UMA with credit card or debit card
You can buy UMA by credit card or Apple pay instantly. If you’re a US citizen, you can use debit card to buy UMA on Pionex instead. 1. After signing up a Pionex account, go to the “Buy Crypto with Credit Card” page. 2. Pionex now partnered with the top 3 licensed financial institution that provides a wide range of payment methods. Choose the best rate out of those options. 3. Enter the amount of UMA you want to buy. 4. Input your credit card info and finish the order. 5. You’ll receive your UMA instantly after the transaction verified.
Use debit card to buy UMA (instant. For US citizen)B. Buy UMA with Bank wire and ACH (US citizen only)
If you’re in the US, you can either use bank wire or ACH transfer to buy UMA. With ACH, you can buy UMA without any transaction fees. Here’s how you can buy UMA with ACH: 1. After signing up a Pionex account, go to “USD Deposit” page. 2. Submit your bank account info under the ACH tranfer section. 3. Use your US bank and tranfer your money to the account that shows on the ACH transfer page on Pionex. 4. You’ll receive USD instantly and buy UMA with your USD on Pionex.
Bank wire from the US bank
How to sell UMA on Pionex?
Pionex offers up to 500 different trading pairs for you to manage your coins. You can sell your UMA coin to other coins or to US dollars on Pionex.
A. Sell UMA to other coins
Pionex allows you to sell UMA to other coins with swap or manual trade feature. The benefit to sell UMA on Pionex is the extremely fee, which as low as 0.05%. (industrial average is 0.26%)
B. Sell UMA to US dollars (US citizen)
You can sell UMA on Pionex to US dollar and send the money back to your US bank.
More info about UMA
UMA Protocol is a Decentralized Finance (DeFi) Protocol on Ethereum for any two counterparties to create their own financial contracts and synthetic assets. The protocol uses a model known as Total Return Swap, which is a bilateral contract where one counterparty pays the total return of a specific underlying asset, including interest payments or dividends and any capital appreciation or depreciation. Conversely, the opposing counterparty pays a regular fixed cash flow. The underlying asset is commonly called a reference asset, and the swap is settled and terminated at a specific date in the future. The UMA token is primarily used for protocol governance and grants the token holder the right to vote on governance decisions such as upgrades to the Data Verification Mechanism (DVM), creating new synthetic assets and settling disputes on liquidated collateral.
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