How to buy Uma in Canada

How to buy Uma in Canada

How to buy Uma in Canada

Where can I buy Uma?

Universal Market Access (UMA) is a framework for users to create synthetic derivatives on the ethereum network. UMA is an ERC-20 utility token used for governance of the protocol. UMA is unique in that it allows users to create, automate and customize smart contracts for not-only crypto, but anything that has a financial value.

Cryptocurrency is an exciting, new space to get involved in. Find out how to get in on the action.

This coin is currently in Beta on Newton. Funding / withdrawals may be affected, but will be launching soon!

Here's how to buy Uma in Canada.

Direct Purchase

You can purchase it directly from another individual in person or over the web.

Crypto ATM

You can try to locate a crypto ATM near you that offers the cryptocurrency you're looking for.

Via an Exchange

Why Newton?

Newton offers a dead-simple way to buy and sell cryptocurrency in Canada at prices that other platforms simply cannot afford to compete with.

Here's how to buy Uma in Canada.

1

Sign-up in Canada for a Newton account.

Create an account and add funds or choose an amount of your currency to trade.
2

Trade fiat or crypto for stablecoin.

Trade your chosen currency into a stablecoin.
3

Send to your desired exchange.

Find an exchange that offers UMA, then transfer your crypto to that exchange.
4

Initiate purchase and you're done.

Go through the steps to purchase, and that's it.

Why use stablecoins when transferring to an exchange?

Because stablecoins are often pegged to FIAT currencies with stable values, they are useful tools for currency conversion. Coins such as USDC, USDT and QCAD won't swing wildly up or down in value between withdrawal and funding another account.

It's easy to get started

1

Create an account.

Provide some basic details about yourself and get instantly verified.

2

Fund your account.

Link to your bank account to add or withdraw funds seamlessly.

3

Start buying.

You can start buying and selling crypto quickly and easily right away.

Newton is Canada's low-cost cryptocurrency trading platform with transparent prices and tight spreads. We offer high liquidity and institutional-grade third party custody for your digital assets.

Some of the best prices in Canada.

On average our prices are 0.5–0.7% above spot at volumes of up to 3 BTC. This makes our overall price 3x lower than a leading competitor who charges approximately 2.25% in spread + fees.

World-class security.

Newton uses machine learning to detect and prevent account takeover attempts, a common form of cryptocurrency fraud.

Low-cost and no-commissions.

Trading and funding your account is absolutely free. Transfer cryptocurrency to and from your account at no cost (we cover up to the first $5 in network fees).

Unique & functional design.

We take a first principles approach to design, resulting in an easy-to-use experience that is unlike any other exchange.

Works on any device.

Get started on the your web browser, or download the Newton app for Android and iOS to take control of your crypto on-the-go.

Proudly Canadian.

We want cryptocurrency to be taken seriously, so we go above and beyond to make sure we're compliant with current and anticipated Canadian regulations.

After you've purchased crypto, the next step is to find the best way to secure it.

Wallets are known to offer the best security for your cryptocurrencies. While you have the option of keeping your assets on Newton, Newton is primarily a low-fee cryptocurrency trading platform, and not a wallet service.

While we have institutional third-party custody to keep customers' digital assets safe, you may want to consider transferring a portion of your holdings into external wallets. It's always good to be cautious.

What can you do with Uma?

Explore a variety of uses, options and processes.

Execute smart contracts

Vote on decisions in the protocol

Participate in a globally inclusive financial market

Get started with as little as $10 CAD.