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Buy UMA
$36.32
-6.13%
You have entered more than the instant buy maximum for UMA.
Liquidity available on the open market is fairly low at the moment, we have a transaction limit in place to ensure we can obtain the best price for you.
There is no limit to how many transactions you can make.
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Buy UMA
Your account is currently suspended from buying and selling coins.
Please Contact Support for further information.
Please Contact Support for further information.
Buy UMA
CoinSpot buying and selling is temporarily halted for maintenance, we apologise for the inconvenience and will be back soon!
Please Contact Support for further information.
Please Contact Support for further information.
Buy UMA
You do not have enough available funds in your account.
You will need to complete an instant deposit via POLi or PayID, or alternatively deposit via BPAY or Cash Deposit.
POLi, BPAY and Cash deposits are available here.
You will need to complete an instant deposit via POLi or PayID, or alternatively deposit via BPAY or Cash Deposit.
POLi, BPAY and Cash deposits are available here.
Price changed
As there can be a lot of volatility with digital currencies, the price can change quickly.
When the price changes by 2% or more while completing your payment, the transaction is canceled and funds are credited to your CoinSpot AUD account.
Unfortunately this has occurred with your transaction. Please try again.
When the price changes by 2% or more while completing your payment, the transaction is canceled and funds are credited to your CoinSpot AUD account.
Unfortunately this has occurred with your transaction. Please try again.
Account over daily limit
We are unable to process the order because it would go over your daily limit.
How to increase your deposit limit
How to increase your deposit limit
Buy order limit
We aren't able to process individual buy orders for UMA above $5,000.
To put through a larger value you will need to do multiple orders as long as it is within your daily limit.
To put through a larger value you will need to do multiple orders as long as it is within your daily limit.
Buy order minimum
Your order could not be completed as it was below the minimum Buy amount. Please enter a larger amount to complete your order.
Error in processing
There was an error in completing your request.
Please check your order history here and repeat the purchase request if required.
Please check your order history here and repeat the purchase request if required.
What is UMA?

UMA (UMA) Protocol is a Decentralized Finance (DeFi) Protocol where any two parties can create their own financial contracts and synthetic assets.
UMA's technology framework enables the creation of fast, efficient, and secure synthetic derivatives on the Ethereum blockchain.
- The protocol can be used to build priceless financial contract designs, which can be used to create synthetic tokens, and Data Verification Mechanism (DVM) for a decentralised oracle service.
- The UMA token is primarily used for governance and enables token holders to vote on governance decisions such as upgrades to the Data Verification Mechanism (DVM), creating new synthetic assets and settling disputes on liquidated collateral.
- Each time a vote is held, the total token supply is inflated by 0.05% and is distributed the parties that voted with the majority. Voting for the losing side or failing to vote will indirectly lead to dilution of one's token holdings.
UMA's technology framework enables the creation of fast, efficient, and secure synthetic derivatives on the Ethereum blockchain.
How do I buy UMA?

1.
Deposit funds into your account.

2.
Enter the amount of UMA (or Australian Dollar equivalent) that you would like to buy.

3.
Click ‘Buy' to confirm your UMA purchase and your UMA will arrive in your CoinSpot wallet within minutes.
Don't have an account? Click here.