Coins: 10053 Exchanges: 946 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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UME price

UME Price (UME)

$0.01352067

11.40%
Rank #11289

UME Price Chart (UME/USD)

Last updated 22 Jun 2022, 09:11AM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Hotbit UME / BTC $0.04489216 23.08% $5,002
2 Hotbit UME / USDT $0.00639221 21.25% $4,419

UME Price Statistics

$0
24H Range
$0
  • UME Price Now $0
  • 24h Low / 24h High $0 / $0
  • Trading Volume $3,556
  • Market Cap Rank #0
  • Market Cap $0
  • Volume / Market Cap 0.0000
  • All-Time High $27 -99.94%
    Mar 12, 2021
  • All-Time Low $0 294.07%
    Mar 24, 2022
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A Brief Introduction to UME Cryptocurrency


What is UME Cryptocurrency?


UME cryptocurrency is a digital currency that aims to revolutionize the way we transact and store value. It is designed to be fast, secure, and decentralized, offering users greater control over their financial transactions without the need for intermediaries like banks.


Key Features and Benefits


1. Privacy: UME cryptocurrency utilizes advanced cryptographic techniques to ensure the privacy and anonymity of its users. Transactions are recorded on a public ledger, but the identity of the transacting parties remains concealed.


2. Security: The UME network employs robust security protocols, making it highly resistant to hacking attempts and fraud. This ensures that your funds are stored safely and cannot be easily compromised.


3. Lightning-Fast Transactions: With UME cryptocurrency, you can send and receive payments within seconds, regardless of your location. This makes it an ideal solution for individuals and businesses requiring quick and efficient transactions.


4. Global Accessibility: UME is a decentralized currency, meaning it is not controlled by any central authority or government. This allows anyone with a smartphone or internet connection to access and use UME, irrespective of geographical boundaries.


5. Lower Transaction Fees: Compared to traditional banking and financial services, UME cryptocurrency offers significantly lower transaction fees. This can be highly appealing to merchants or individuals engaging in frequent monetary exchanges.


Risks and Considerations


As with any investment or financial technology, it is essential to weigh the potential risks associated with UME cryptocurrency. Here are a few factors to consider:


1. Volatility: Cryptocurrencies, including UME, can be highly volatile in terms of value. Prices can fluctuate rapidly, which means your investment may experience significant gains or losses in a short period. It is important to exercise caution and only invest what you are willing to lose.


2. Regulatory Uncertainty: Cryptocurrency regulations vary across different countries. While UME aims to comply with legal requirements, regulatory shifts or bans could potentially impact its accessibility and the value of your holdings.


3. Security Risks: While UME emphasizes security, it is crucial to remain vigilant and adopt best practices to safeguard your cryptocurrency holdings. This includes utilizing strong passwords, enabling two-factor authentication, and practicing safe browsing habits.


4. Limited Acceptance: While the adoption of cryptocurrencies is growing, UME may not be accepted widely across all merchants or platforms. It is essential to ensure that businesses or services you intend to transact with accept UME as a form of payment.


Conclusion


UME cryptocurrency offers several advantages such as privacy, security, and fast transactions, making it an attractive option for individuals seeking a decentralized form of digital currency. However, it is crucial to understand and consider the risks associated with investing in cryptocurrencies before making any financial commitments.