UMA to ETC conversion chart
Uma to Ethereum Classic correlation
According to the correlation analysis, UMA and ETC have a strong relationship with each other and are correlated. Whenever there is a change in the price of UMA then ETC also tends to follow the same pattern and move together.
Live UMA Price Change and Market Cap
Currently, the UMA price is 0.1201 ETC. From the Synthetix price chart, we can see that the 24-hour change is 2.74%. The total market capitalization of UMA is $79 with a circulation supply of 77.41 units. In the previous 24 hours, the UMA price hit highs of 0.1245 ETC and lows of 0.1138 ETC.
UMA Price Prediction
Despite the UMA token launching in 2020, experts evaluate its future optimistically. Most UMA price predictions expect its price to multiply. In the long term, particularly by 2030, its price can exceed $2,000.
UMA to ETC exchange margin
The closing conversion rate for UMA to ETC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 UMA to ETC would result in an output of 0.1201 ETC.
How to convert Uma to Ethereum Classic
Uma and Ethereum Classic comparison
The UMA cryptocurrency token helps control the Universal Market Access protocol for fast and smooth collateralized synthetic token creation on Ethereum. The uniqueness of the UMA protocol lies in an innovative Optimistic Oracle, among other features. The project was co-founded in 2018 by former Goldman Sachs traders Hart Lambur and Allison Lu.
The infamous DAO hack in the Ethereum blockchain resulted in a loss of millions of dollars in the form of Ether. In an attempt to roll back the mishap and recover the lost ETH, the community decided to perform a hard fork and adopt new rules. A few in the community were against this decision of reverting things in the blockchain as it contradicts the immutable nature of the blockchain. Nevertheless, the hard fork was performed and Ethereum adopted the new rules. But the people who objected to this stuck to the old chain and the chain was renamed the Ethereum Classic with the ticker ETC. In the history of blockchain, it’s the only hard fork that took place based on ethical values. To this day Ethereum Classic follows the “Code is Law” principle and doesn’t alter the way it works. The chain is also capable of smart contracts and building dApps.
What is UMA?
UMA, which stands for “Universal Market Access”, lets you trade assets even without you owning them by creating a synthetic derivative of any asset in a form of an ERC20 token. With the UMA protocol, anyone can access trading with virtually any asset.
Uma to Ethereum Classic price details
UMA to ETC Conversion Rate and Price
At the moment, the conversion rate for 1 Uma equals 0.1201 ETC. The 24-hour highest price of Uma in relation to ETC was 0.1245 ETC and the lowest was 0.1138 ETC. In short, the UMA price in relation to ETC changed by 2.74%.
Instantly Exchange UMA to ETC
On ChangeHero you can instantly exchange Uma for Ethereum Classic without signup. You can easily convert UMA to ETC in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best and Fixed rates for your UMA to ETC exchange.
UMA to ETC Best Rate Exchange
For the Best Rate exchange of Uma to Ethereum Classic, we search through various exchanges for the UMA to ETC pair and find the best rate available in the market. We provide you with an estimation of the amount of ETC you will receive.
As soon as you accept the terms and the UMA is deposited, the exchange will be automatically processed. We remind you that the final amount of ETC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of UMA to ETC.
UMA to ETC Fixed Rate Conversion
For the Fixed Rate exchange of Uma to Ethereum Classic, ChangeHero finds a good rate for the pair UMA to ETC and fixes the rate for up to 15 minutes. In the Best Rate exchange of UMA to ETC, you will receive the exact amount of ETC shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned ETC address. ChangeHero is the best place to exchange UMA to ETC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert UMA to ETC?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange UMA to ETC?
No, you do not need an account to swap UMA to ETC on ChangeHero. There will be no registrations for your Uma to Ethereum Classic transaction.
Do I need to go through KYC procedures for UMA to ETC exchange?
There will be no KYC for the UMA to ETC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange ETC to UMA?
Yes, you can instantly exchange ETC to UMA on ChangeHero.