Coinbase Pro

Universal Market Access (UMA)

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 products support UMA?

  Send/Receive Trading
 Coinbase            ✔       ✔
 Pro           ✔       ✔

What regions support UMA?

    US  NY   EU   UK   CA/SG 
 Coinbase     ✔  ✔   ✔   ✔      ✔
 Pro     ✔  ✔   ✔   ✔      ✔

Crypto to fiat trading pairs

   US UK EU
USD   ✔  ✖️ ✖️
GBP   ✖️  ✔
✖️
EUR  ✖️  ✔
 ✔

Crypto to crypto trading pairs

  USDC BTC ETH
UMA      ✖️   ✔   ✖️

See the full list of countries that Coinbase supports for crypto-to-crypto trading.

How many confirmations are needed for UMA?

UMA requires 35 network confirmations. Learn about transaction confirmations.

Which blockchain network hosts UMA?

UMA is hosted on the Ethereum blockchain.

What are the minimum and maximum withdrawal amounts?

Coinbase has implemented safeguards to ensure a healthy and efficient network both on-chain and through our platform.  

These safeguards include both minimum and maximum amounts for each cryptocurrency we allow customers to send through the blockchain.

There is a withdrawal minimum of 0.07 and a maximum of 62,500 to send from Coinbase to an external address.

 

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