UMA wallet
The most secure hardware wallet for your UMA
Expand your crypto assets with confidence. Store your UMA in Tangem.
How to secure your UMA with Tangem?
When you buy or hold UMA in Tangem, it secures your private keys in many ways:
- With the seedless setup and smart backups on extra devices, your Bitcoin is safe and accessible only to you.
- Tangem is IP69K water and dustproof, built to protect against extreme temperatures, EMPs, ESCs, and X-RAYS.
- An access code and biometric authentication protect against unauthorized access.
- Private keys are generated and stored on its EAL6+ CC secure element.
How to get a UMA Crypto Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
Get TangemWhy choose UMA wallet with Tangem.
Privacy
No registration and KYC required to use the app. We don't track your data.
Security
Your private keys are encrypted and never leave your device. Only you have control over your funds.
Convenient designs
Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Customer care
Fast support for your needs. Live chat and email support for customers from all over the globe.
What is UMA (UMA)?
UMA is a pioneering platform in decentralized finance aiming to facilitate universal market access. Focused on developing infrastructure for "priceless" financial contracts, UMA offers DeFi contracts that significantly cut down on oracle usage. This innovation addresses numerous security and scalability challenges that decentralized finance has encountered. UMA's initial offerings include priceless synthetic tokens, which are ERC20 tokens designed to efficiently track various assets with minimal reliance on on-chain pricing data.
What is a UMA wallet?
A UMA wallet is your gateway to managing UMA tokens. It securely stores your private keys, crucial for managing your UMA address, although it doesn't actually hold UMA itself; your cryptocurrency remains on the blockchain. The primary function of such a wallet is to generate and store these private keys, which enable you to access and manage your UMA assets. Essentially, a UMA wallet is your tool for storing, sending, receiving, and managing UMA.
How does a UMA wallet work?
UMA wallets operate using a pair of public and private keys to oversee blockchain accounts. The private key is your secret that provides access to a specific UMA account and should be kept confidential, while the public key can be shared to receive UMA. To withdraw UMA, you need the respective private key. Tangem Wallet plays a crucial role by generating and safeguarding these private keys within its chip.
What are the types of UMA wallets?
Exchange UMA Wallets:
Offered by centralized exchanges such as Coinbase, Binance, and Kraken, these wallets allow UMA transactions with traditional currencies through custodial wallets, though they come with risks like potential access revocation.Software UMA Wallets:
These wallets can be downloaded onto devices to handle private keys and UMA. Although user-friendly, they remain susceptible to malware and cyber threats. Varieties include mobile, desktop, and browser wallets.Mobile UMA Wallets:
Applications tailored for managing UMA directly from smartphones.Desktop UMA Wallets:
Programs that reside on computers, storing private keys locally on hard drives or SSDs.Hardware UMA Wallets:
These are offline storage solutions like Tangem, designed to protect assets from online security risks.
How to Choose the Best UMA Wallet
Selecting the ideal UMA wallet hinges on your specific needs, weighing ease of use, dependability, durability, and security. For heightened protection against digital threats and to securely store substantial amounts, a hardware wallet like Tangem is often suggested.
UMA UMA
Tangem supports other cryptocurrencies
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See all supported cryptosUMA FAQ
- You can buy UMA on major cryptocurrency exchanges like Binance, Coinbase, or Kraken. You can also use P2P platforms or specialized exchange services. For safe storage, it is recommended to use a reliable wallet like Tangem.
- For long-term storage of UMA, a cold wallet such as Tangem is the best choice, offering a high level of security. For active transactions, a hot wallet is more convenient but less protected from hacking.
- Transfer fees for UMA depend on the blockchain network load and the exchange or wallet used. Typically, this includes a network fee (gas fee) and possibly additional fees from the platform.
- To create a wallet for UMA, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
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