ZEN to UMA Exchange

Frequently Asked Questions

• How to Exchange Horizen to UMA?

  To exchange Horizen to UMA on Atomex DEX you just need to:
  - create or restore a wallet in Atomex App
  - fund it with some ZEN amount you want to exchange
  - go to the DEX section and choose your ZEN outputs in “Send from”
  - choose a prefered UMA address in “Receive to” window
  - specify the amount to exchange, and press the Exchange button
  - confirm your operation and then just let your app complete the swap.

• What Cryptocurrency exchange should I use?

  It completely depends on your personal needs. Some people still rely on traditional exchanges. If you do so you have to choose the most reliable and user-friendly one. There you have to be confident that you won’t lose your funds or face any obstacles like KYC or limits or withdrawal stucks or etc. On the other hand if you are going to make an exchange on-chain you should be aware of different kinds of DEXs, routes, wrap tokens, slippages and a batch of other things. In most cases. If you want to exchange ZEN to UMA on-chain, it’s usually pretty hard to get the same simplicity as you get on centralized exchanges. Right here we can recommend you to try the Atomex DEX, which is definitely one of the most convenient and efficient way to do a ZEN to UMA exchange.

• Do I need to convert Horizen to UMA today?

  ZEN/UMA price is relatively fluctuate, and can vary significantly from day to day. To choose the right moment for conversion you have to watch for the price periodically. And once it seems to be acceptable, you can easily convert some ZEN to UMA in your Atomex App.

• How to Convert Horizen to UMA at the Best Rates?

  To get the best rate you should take into account a number of potential expenses: network fees, exchange fees, supposed market impact for your volume, price fluctuations, fees for withdrawal, etc. Converting ZEN to UMA at Atomex DEX allows you to forget about most of them, leaving only the price and network fees. That’s the reason why Atomex offers you quite competitive rates as a result.

• What is the minimum ZEN to UMA exchange amount?

  All conversion operations on Atomex DEX are completely processed on-chain. So the network fees play a big role in the exchanging process. You should note that the Atomex App and DEX interface won’t let you swap if the commission exceeds 75% of the conversion amount. So the minimum amount of ZEN to exchange depends on the mining fees in Horizen and UMA networks

• What are the fees to convert ZEN to UMA

  All conversion operations on Atomex DEX are completely processed on-chain. So the network fees play a big role in the exchanging process. You should note that the Atomex App and DEX interface won’t let you swap if the commission exceeds 75% of the conversion amount. So the minimum amount of ZEN to exchange depends on the mining fees in Horizen and UMA networks

• What are Horizen to UMA Exchange Benefits with Atomex?

  With Atomex you exchange your ZEN right from your wallet and get the UMA right on it in a decentralized manner. You don’t need to go through KYC, deal with any wraps, go through a number of DApps or wait for withdrawals. In other words Atomex gives you the purest on-chain way to convert your ZEN to UMA.