Convert UMA UMA to Backed CSPX Core S&P 500 BCSPX
UMA to BCSPX: 1 UMA converts to 0.0004664 BCSPX
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase. Terms apply.
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 UMA and BCSPX
UMA is climbing, while Backed CSPX Core S&P 500 is falling this week. The current UMA to BCSPX conversion rate is 0.0004664. Inversely, this means that if you convert 1 BCSPX you will get 2,143.91 UMA. The conversion rate of UMA/BCSPX has increased by 0.13% in the last hour (BCSPX/UMA decreased by 0.13%). In the last 24 hours, UMA/BCSPX grew by 0.99%, while BCSPX/UMA shrunk by the same amount.
The exchange rate of UMA is decreasing. The current value of 1 UMA is 0.0004664 BCSPX. In other words, to buy 5 UMA, it would cost you 0.0023322 BCSPX. Inversely, 1 BCSPX would allow you to trade for 2,143.91 UMA while 50 BCSPX would convert to 107,195.51 UMA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.97%. Meanwhile, in the last 24 hours, the rate has changed by 0.21%, and that the highest exchange rate of 1 UMA to BCSPX was 0.0004674 BCSPX and the lowest 24 hour value was 1 UMA for 0.0004572 BCSPX. Last month, 1 UMA was worth 0.0004961 BCSPX. Today, it's down 6.35%. Looking back a year, UMA has changed by 0.001729 BCSPX. That means that in a single year, the value of UMA has shrank by 270.69%.
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).
Backed CSPX Core S&P 500 Market Stats
What is the project about? Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bCSPX is a tokenised tracker certificate reflecting the net total return of the iShares Core S&P 500 UCITS ETF USD, less fees. What makes your project unique? Backed issues permissionless tokens (bTokens) that represent ownership of structured products. Backed tokens are 1:1 backed by the underlying assets, held by Swiss third-party custodians, and are bankruptcy remote book-entry securities. History of your project. Backed was incorporated in 2021 in Switzerland due to the regulatory clarity the Swiss DLT Act provided to the project. Backed released its first tokenized product on Ethereum in early Q1 2023. Backed now supports issuance and redemption on many different blockchains. What’s next for your project? Backed is working to create the standard for tokenization with a network of protocols benefitting from RWAs on-chain. What can your token be used for? Backed enables clients to access sustainable, low-risk yields while keeping their funds entirely on-chain. There is no need to go through TradFi onboarding processes or off-ramp crypto to fiat. bTokens are utilized by the likes of Gnosis, Angle Protocol, Ribbon Finance, Aragon, and Blueberry to name a few. Disclaimer: Backed Finance AG and its subsidiary Backed Assets GmbH are not affiliates of or licensed by BlackRock Inc, BlackRock Fund Advisors and any of its affiliates ("BlackRock"). BlackRock is not responsible in any way to bIB01 products. Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S. Persons, and tokens are not marketed, offered, or solicited in the U.S. or in any other prohibited jurisdiction. For a full list of prohibited and restricted countries and review of legal documentation, please visit (edited)
Conversion tables
UMA to BCSPX values from Today at 1:53 am
0.5 UMA = 0.0002332 BCSPX |
1 UMA = 0.0004664 BCSPX |
5 UMA = 0.002332 BCSPX |
10 UMA = 0.004664 BCSPX |
50 UMA = 0.02332 BCSPX |
100 UMA = 0.04664 BCSPX |
500 UMA = 0.2332 BCSPX |
1,000 UMA = 0.4664 BCSPX |
BCSPX to UMA values from Today at 1:53 am
0.5 BCSPX = 1,071.96 UMA |
1 BCSPX = 2,143.91 UMA |
5 BCSPX = 10,719.55 UMA |
10 BCSPX = 21,439.10 UMA |
50 BCSPX = 107,195.51 UMA |
100 BCSPX = 214,391.01 UMA |
500 BCSPX = 1,071,955.07 UMA |
1,000 BCSPX = 2,143,910.15 UMA |
UMA to BCSPX over time
UMA | Today | 24H -0.21% | 1M -6.35% | 1Y -270.69% |
|---|---|---|---|---|
0.5 UMA | 0.0002332 BCSPX | 0.0002337 BCSPX | 0.000248 BCSPX | 0.0008645 BCSPX |
1 UMA | 0.0004664 BCSPX | 0.0004674 BCSPX | 0.0004961 BCSPX | 0.001729 BCSPX |
5 UMA | 0.002332 BCSPX | 0.002337 BCSPX | 0.00248 BCSPX | 0.008645 BCSPX |
10 UMA | 0.004664 BCSPX | 0.004674 BCSPX | 0.004961 BCSPX | 0.01729 BCSPX |
50 UMA | 0.02332 BCSPX | 0.02337 BCSPX | 0.0248 BCSPX | 0.08645 BCSPX |
100 UMA | 0.04664 BCSPX | 0.04674 BCSPX | 0.04961 BCSPX | 0.1729 BCSPX |
500 UMA | 0.2332 BCSPX | 0.2337 BCSPX | 0.248 BCSPX | 0.8645 BCSPX |
1,000 UMA | 0.4664 BCSPX | 0.4674 BCSPX | 0.4961 BCSPX | 1.73 BCSPX |
Frequently asked questions
Right now, 1 UMA is worth about $0.3785.
Based on the current rate, you could get 2.64 UMA for 1 USD.
UMA price has been on the rise. Since yesterday, the exchange rate of UMA has increased. Since last month, the exchange rate of UMA has decreased. Since this time last year, the price of UMA has decreased.
You can use our UMA to USD calculator at the top of this page to convert any amount of UMA to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 13.21 UMA. Inversely, 5 UMA will cost about $1.89
UMA is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy UMA.
Buy UMA with Coinbase
Create a Coinbase account to buy and sell UMA on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.