How to Buy UMA (UMA) in Anguilla

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

Step 1 – Join Coinmama

In the beginning you'll need to buy units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and receive your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. UMA (UMA) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

Make sure you've chosen the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Locate {UMA (UMA)|(UMA) UMA}

Once your deposit has been approved, you'll directly have access to your funds and you can launch buying and trading. To purchase {UMA (UMA)|(UMA) UMA} on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to locate {UMA (UMA)|(UMA) UMA}, you'll need to insert the short name of the asset (UMA) into the search-box, which is highlighted in the graphic. Be certain of having selected the correct grouping, we have highlighted this too. Click on “UMA/BTC” to continue.

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

Once you've located {UMA (UMA)|(UMA) UMA}, you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest tariff {UMA (UMA)|(UMA) UMA} was sold for. You can change this to your desired rate. The ”Amount” field is the amount of UMA you like to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete amount of UMA.

When you are glad, make a mouse click on “Buy UMA”. Your order will be filled as soon as a Seller trades their UMA for the price you offered.

Step 5 – Withdraw {UMA (UMA)|(UMA) UMA}

Unless you are frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended time period. To take off your {UMA (UMA)|(UMA) UMA}, hover over the tab called “Funds” and mouse click on “Withdraw”. {UMA (UMA)|(UMA) UMA} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {UMA (UMA)|(UMA) UMA} by using the provided drop-down box. Put into the volumen of {UMA (UMA)|(UMA) UMA} you'd like to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address.

When you are satisfied, make a mouse click on “Submit”. You may be requested for email/phone verification before a withdrawal.

Congrats! You have successfully bought and safed UMA (UMA) in Anguilla.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). Once you have proved your take off with Etherscan.io or Ethplorer.io and the {UMA (UMA)|(UMA) UMA} is safe in your wallet, you're all done.

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