Coinbase Pro

Universal Market Access (UMA)

As of September 8, 2020, customers in qualifying countries can send, receive, buy, and sell Universal Market Access (UMA) on Coinbase Pro and Coinbase.com. 

What is UMA? 

UMA is a synthetic-asset protocol that allows anyone to recreate traditional financial products, exotic crypto-based products, and more. 

Through UMA, two counterparties come together to create a financial contract that is secured through economic incentives (collateral), and enforced through smart contracts on Ethereum.

What countries support UMA?

For a full list of countries that support UMA, please see our Supported Cryptocurrencies help article. 

Is full trading available for UMA? 

Full trading is available on Coinbase Pro and Coinbase.com. 

What Coinbase products support UMA?

UMA is currently supported on Coinbase Pro and Coinbase.com. 

How many confirmations are needed for UMA?

UMA requires 35 network confirmations.

 

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