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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About BSKT and UMA
BasketCoin is climbing, while UMA is falling this week. The current BSKT to UMA conversion rate is 0.5535. Inversely, this means that if you convert 1 UMA you will get 1.81 BSKT. The conversion rate of BSKT/UMA has decreased by 0.59% in the last hour (UMA/BSKT increased by 0.59%). In the last 24 hours, BSKT/UMA grew by 0.15%, while UMA/BSKT shrunk by the same amount.
The exchange rate of BasketCoin is increasing. The current value of 1 BSKT is 0.5535 UMA. In other words, to buy 5 BasketCoin, it would cost you 2.7674 UMA. Inversely, 1 UMA would allow you to trade for 1.81 BSKT while 50 UMA would convert to 90.34 BSKT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.59%. Meanwhile, in the last 24 hours, the rate has changed by 0.15%, and that the highest exchange rate of 1 BSKT to UMA was 0.5634 UMA and the lowest 24 hour value was 1 BSKT for 0.5527 UMA. Last month, 1 BSKT was worth 0.4863 UMA. Today, it's up 12.14%. Looking back a year, BasketCoin has changed by 0.1479 UMA. That means that in a single year, the value of BasketCoin has grown by 73.28%.
BasketCoin Market Stats
"Deflationary token, secured with a basket of cryptocurrencies, with the possibility of staking. BasketCoin is: Deflationary, With collateral - covering its value, With the system of repurchase and burning of BSKT tokens. A fee of 2% of the value of each transaction will be taken from the transfer - half is burned out, the other half goes to the staking/reward redistribution pool which indeed speeds up the process of reducing supply. Smart Contract itself assumes that a total of 90% of all BSKT will be burned -> supply will decrease from 21,000,000 to 2,100,000 The BSKT token is secured with a basket of seven cryptocurrencies that cover its value. The security so adopted is intended to ensure a constant and stable increase in the value of tokens. Thanks to the correct match of coins in our basket, its value is less susceptible to fluctuations appearing in the cryptocurrency market. The BSKT token security chart looks like this: Bitcoin (BTC) – responsible for 25% of the value of the coverage, Ethereum (ETH) – responsible for 25% of the coverage value, Polkadot (DOT) – responsible for 10% of the coverage value, Smarkey (SKEY) – responsible for 10% of the coverage value, YfDAI.finance (YF-DAI) – responsible for 10% of the coverage value, USD Coin (USDC) – responsible for 10% of the coverage value, Basketcoin (BSKT) – responsible for 10% of the coverage value. All listed cryptocurrencies that make up the BSKT basket will be used to generate additional profits on platforms such as: Crypto.com (profits of 3%-12% APR), YF-DAI (profits up to 72% APR), Swissborg (profits up to 20% APR), and other decentralised profit-generating platforms in DeFi format. Revenues from these platforms will be used in the repurchase process for the redemption and burning of BSKT tokens, contributing to a significant reduction in supply on the secondary market. 90% of the above profits will be used for repurchase and burnout, while the remaining 10% will be used for ongoing and necessary expenses related"
UMA Market Stats
UMA is an Ethereum token that describes itself as “an open-source protocol that allows developers to design and create their own financial contracts and synthetic assets.” The protocol’s name comes from the team’s goal of creating universal market access (UMA).
Conversion tables
BSKT to UMA values from Today at 6:58 am
0.5 BSKT = 0.2767 UMA |
1 BSKT = 0.5535 UMA |
5 BSKT = 2.77 UMA |
10 BSKT = 5.53 UMA |
50 BSKT = 27.67 UMA |
100 BSKT = 55.35 UMA |
500 BSKT = 276.74 UMA |
1,000 BSKT = 553.48 UMA |
UMA to BSKT values from Today at 6:59 am
0.5 UMA = 0.9034 BSKT |
1 UMA = 1.81 BSKT |
5 UMA = 9.03 BSKT |
10 UMA = 18.07 BSKT |
50 UMA = 90.34 BSKT |
100 UMA = 180.68 BSKT |
500 UMA = 903.38 BSKT |
1,000 UMA = 1,806.76 BSKT |
BSKT to UMA over time
BSKT | Today | 24H 0.15% | 1M 12.14% | 1Y 73.28% |
|---|---|---|---|---|
0.5 BSKT | 0.2767 UMA | 0.2763 UMA | 0.2431 UMA | 0.07394 UMA |
1 BSKT | 0.5535 UMA | 0.5527 UMA | 0.4863 UMA | 0.1479 UMA |
5 BSKT | 2.77 UMA | 2.76 UMA | 2.43 UMA | 0.7394 UMA |
10 BSKT | 5.53 UMA | 5.53 UMA | 4.86 UMA | 1.48 UMA |
50 BSKT | 27.67 UMA | 27.63 UMA | 24.31 UMA | 7.39 UMA |
100 BSKT | 55.35 UMA | 55.27 UMA | 48.63 UMA | 14.79 UMA |
500 BSKT | 276.74 UMA | 276.33 UMA | 243.13 UMA | 73.94 UMA |
1,000 BSKT | 553.48 UMA | 552.66 UMA | 486.26 UMA | 147.88 UMA |
Frequently asked questions
Right now, 1 BasketCoin is worth about $0.1882.
Based on the current rate, you could get 5.31 BSKT for 1 USD.
You can use our BSKT to USD calculator at the top of this page to convert any amount of BSKT to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 26.57 BSKT. Inversely, 5 BSKT will cost about $0.9409
BasketCoin can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy BasketCoin.
There are a number of crypto assets that have the a similar or comparable market cap to BasketCoin, including , , and . For a more robust list of assets to explore, jump to the asset page dedicated to BasketCoin.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.



