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How to Buy UMA (UMA)

A Step-by-Step-Guide on how to buy UMA (UMA)

Step 1 – Signup to CEX.io

In the beginning you'll need to purchase units of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and getting your Bitcoin or Ethereum.

Binance Signup
Step 2 – {Transmit} Your {Ethereum (ETH) or Bitcoin (BTC)} to an {Exchange}

Your {BTC (Bitcoin) or ETH (Ethereum)} {has} to be sent over to an {Crypto Exchange} now. {Every exchange has} a deposit form that is {alike}. UMA (UMA) is {obtainable} on Binance, so {we will} use that as an {sample}. {Not sure} on how to send {Coinbase funds} to an {Cryptocurrency Exchange}? ({Follow} {this guide})

Make sure {you have} {selected} the {precise} coin you {wish} to deposit.

{Bitcoin} must be sent to a {BTC} deposit address, {Ethereum} to an {ETH} deposit address, {etc}. {In the case} {you are} {dealing with} a decentralized exchange, {like} Airswap or DDEX could be {opposed} ({Follow} {our how-to}).

Step 3 – {Locate} UMA (UMA)

{As soon as} your deposit has been {approved}, {you will} {directly} have access to your {finances} and you can {initiate} {buying} and trading. To {buy} UMA (UMA) on Binance, {you'll} want to {hover over} the {”Exchange” tab} and{ then} {mouse click} on “Basic”.

{In order to} {locate} UMA (UMA), {you'll} need to {put} the {short name of the asset} (UMA) into the {search box}, which is {marked} in the {picture}. {Be certain of having} {selected} the {correct} {pairing}, {we have} {marked} this {too}. Click on “UMA/BTC” to {go on}.

{How to buy Coin on Binance 1|Binance How To Buy 1} UMA (UMA)
Step 4 – {Purchasing} UMA (UMA)

{After} {you've} {found} UMA (UMA), {you will} be {presented with} a {Price Chart} (in the Center of the {image}) and {some} Order Books ({Leftside} of the {image}). {Next} {we are} {making} our{ own} Limit Order.

The {field with the “Price” tag} will be {automatically filled} with the{ most} {latest} {rate} UMA (UMA) was {sold} for. {You can change this} to your {desired} {rate}. The {field with the “Amount” tag} is the {quantity} of UMA you {wish} to {buy}. The {field with the “Total” tag} is the {whole} price in {Bitcoin} that {you will} {pay} for the {complete} {volumen} of UMA.

{If} {you are} {glad}, {make a mouse click} on “Buy UMA”. Your {plan} will be filled {when} a {Vendor} {sells} their UMA for the price you {gave}.

Step 5 – Withdraw UMA (UMA)

Unless {you're}{} trading, {you should never keepyour} {crypto} on an {Crypto Trader} for an {longer} {time period}. {In order to} {take off} your UMA (UMA), {hover over} the {tab called “Funds”} and {click} on “Withdraw”. UMA (UMA) can be {stored securely} using a Wallet, {for example} MyEtherWallet. (MyEtherWallet Setup Guide)

{Locate} UMA (UMA) by using the {given} drop-down box. {Drop in} the {volumen} of UMA (UMA) {you would} {wish} to {withdraw}. {Don't forget} the {displayed} {minimus/fees}. Also make sure you have {entered} your {precise} withdraw address.

{When} {you are} {happy}, {make a mouse click on} “Submit”. You {may} be {requested} for {email/phone verification} {ahead of} a {take off}.

{Congrats}! {You've} successfully {purchased} and {stored} UMA (UMA).

That's it!

{Withdrawals} from {Cryptocurrency Exchange} can {durate} {between} 1 – 30 minutes ({rely} on {usage of the network}). {Once} {you have} {confirmed} your {take off} {using} {Ethplorer.io or Etherscan.io} and the UMA (UMA) is {stored} {within} your wallet, {you are} {finished}.

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