Coinranking
Universal Money Instrument
Price chart
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Calculator
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Price performance
Monthly
This is the price performance of Universal Money Instrument (UMI). It shows the percentage gains and losses for each time period.
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Value statistics
An overview showing the statistics of Universal Money Instrument, such as the base and quote currency, the rank, and trading volume.
 | Price to USD | $ 0.01354 | |
|---|---|---|---|
 | Price to BTC | 0.000000588 BTC | |
 | Coin rank | 901 | |
 | 24h volume | $ 28,052 | 
Low volume
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 | Market cap | $ 7.94 million | |
| Volume / Market cap | 0.00353 | |
| Fully diluted market cap | $ 7.94 million | |
 | All-time high (daily avg.) | $ 14.14 | on 1/18/2021 |
Supply information
View the total and circulating supply of Universal Money Instrument, including details on how the supplies are calculated.
Verified supply
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Circulating supply
| 586.23 million UMI | |
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| Total supply | 586.23 million UMI | |
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Issuance blockchain
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What is Universal Money Instrument
The UMI cryptocurrency is used to make instant and free blockchain-based transfers. The Staking technology helps UMI holders multiply their coins by simply storing them in their wallet. Staking based on a smart contract.
Multiply your UMI coins up to 40% per month.
UMI`s goal is to provide every person on the planet with an opportunity to participate in the “creation of new digital money” and make instant, secure, and free transactions.
The UMI network is 300 times faster than the Bitcoin network. It can process about 1,000-4,369 transactions per second and will strive to outclass VISA and MasterCard ultrahigh-speed payments systems.
There are no exceptions and there will never be any. In the UMI network, transfers will always be free. It`s embedded in the open source code. UMI ensures protection both against hacking and against 51% attacks and other blockchain vulnerabilities.
PoS mining without hardware - this coin is created by holding it in a structure; the more coins in a structure, the faster they are created. ROY club and ISP club are the 2 existing structures - the rate of staking is based on the number of coins held by a structure. A structure can generate up to 40% new coins per month. The idea is that anyone and everyone can mine crypto this way for passive income. A secure, fast, and fee free cryptocurrency. UMI's blockchain technology is significantly faster than both bitcoin and Ethereum. So far it can only be traded on one currency exchange site - sigen.pro. UMI challenges the way cryptocurrencies are traditionally mined, removing the need for dedicated hardware, space, and any sort of energy consumption. Currently it can be bought by exchanging bitcoin for it within sigen.pro or trading it directly with other users on sigen's p2p marketplace. From there purchased coins can be deposited and held in a structure, where they generate new coins through the unique staking technology.
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