How to Buy Penumbra (um)

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Where Can You Buy Penumbra (um)?

Even though Penumbra is not listed for trading on BingX yet, here are some of the most popular ways you can purchase um and add it to your crypto portfolio:

Self-Custody Crypto Wallets with Built-In Swap

Alternatively, you can acquire um via crypto wallets that offer built-in swap functionality, giving you full control over your private keys at every step. Popular wallets like MetaMask, Trust Wallet, and Phantom allow you to swap major tokens (for example, USDT or ETH) for um through their integrated swap providers. While swap fees in these wallets can be higher than on exchanges, the trade-off is that you maintain custody of your assets from end to end, without relying on a third-party platform.

Decentralized Exchanges (DEXs)

For those who prefer a trustless, peer-to-peer approach, decentralized exchanges (DEXs) are an excellent option. To use a DEX, simply connect a compatible wallet based on the blockchain Penumbra is issued on, such as MetaMask or any WalletConnect-enabled app, and swap a base token like USDT or WETH for via smart contracts. Just be sure you hold enough of the network’s native currency (ETH on Ethereum, SOL on Solana, TRX on TRON, etc.) to cover transaction fees, and adjust your slippage tolerance as needed to ensure a smooth swap.

Other Centralized Exchanges (CEXs)

Buying Penumbra on centralized exchanges (CEXs) is fast and beginner-friendly. Simply choose a reputable platform that lists um - one with robust liquidity, a solid security track record, and competitive trading fees. Once you’ve completed your purchase, you have the flexibility to withdraw um directly to your personal wallet for self-custody or, when it’s supported, deposit it into your BingX account for seamless spot trading.

Should I Buy Penumbra (um) Now?

Check out Penumbra 's market stats today before deciding whether you will buy it now.

Penumbra (um) Investment Calculator

If I had purchased $100 worth of Penumbra over the past few years, how much would it be worth now? Use our ROI calculator to explore Penumbra ’s historical performance and discover its potential value over time.

If you bought $100 Penumbra in:

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How to Buy Penumbra (um): A Step-by-Step Guide

Follow these simple steps to get your hands on Penumbra and include it in your portfolio:

Buy um via a Crypto Wallet Swap

Install a Wallet: To get started, please install a Web3 wallet; options like MetaMask, Trust Wallet, or Phantom Wallet are all great choices.

Fund with Base Tokens: Next, fund your wallet with a common token such as USDT or , either through the wallet’s built-in fiat on-ramp or by depositing from another exchange like BingX.

Open the Swap Feature: When you’re ready, open the swap feature, select your base token (such as USDT and Penumbra and then , and enter the amount you’d like to swap.

Adjust Slippage: To help ensure your transaction goes through smoothly, kindly adjust the slippage tolerance to around 1-2%.

Confirm & Receive Penumbra: Finally, confirm the swap and wait for the on-chain confirmation. Your new um tokens will appear directly in your wallet shortly.

Buy um on a Decentralized Exchange (DEX)

Select a DEX: First, choose a DEX that supports um, such as Uniswap, PancakeSwap, or SushiSwap.

Connect Your Wallet: Then, connect your wallet by clicking “Connect Wallet” and selecting MetaMask, WalletConnect, or another compatible option.

Acquire Base Token: Ensure you have enough of the DEX’s base token (for example, USDT, WETH, or BNB) in your wallet.

Swap for um: Select the base token → um, enter the amount you want to purchase, and adjust your slippage tolerance to your preference before confirming the swap.

Pay Gas Fees: Don’t forget to keep some of the network’s native currency (ETH for Ethereum-based DEXs, BNB for BNB Chain, etc.) handy to cover gas fees.

Buy um on a Centralized Exchange

Choose a CEX: Begin by choosing a reputable centralized exchange that lists . Look for platforms with a strong security record, healthy trading volume, and transparent fee tiers.

Sign Up & Verify: Once you’ve selected your exchange, kindly sign up for an account and complete any KYC requirements to unlock full deposit, withdrawal, and trading features.

Fund Your Account: Next, deposit funds - whether fiat via bank transfer or card, or crypto such as USDT, BTC, or ETH.

Place an Order: Navigate to the spot market, select the um/USDT (or another) trading pair, and place a Market or Limit order based on your preference.

Withdraw to Your Wallet: After your order fills, you can conveniently withdraw um either to your own self-custody wallet or, when available, directly to your BingX address for seamless future trading.

Best Wallets to Store Penumbra (um) Securely

Hold in a Non-Custodial Wallet
Holding Penumbra in a non-custodial wallet puts you in full control of your assets: as the saying goes, “not your keys, not your coins.” By using wallets like MetaMask or Trust Wallet, or opting for hardware solutions such as Ledger or Trezor, you retain sole ownership of the private keys that secure your holdings. This approach is ideal for long-term HODLing and for interacting directly with DeFi protocols without intermediaries. Just remember to back up your seed phrase offline; if you lose it, you lose access to your tokens permanently.
Store in Your CEX Wallet
If you prefer to keep your um on a centralized exchange, simply send your tokens to a trusted CEX that already lists um and supports secure custody. Look for platforms with enterprise-grade safeguards, such as two-factor authentication (2FA), cold storage reserves, regular security audits, and insurance policies, to protect your assets. Storing um on a reputable CEX also gives you instant access to its trading features, such as spot markets, margin, futures, and any advanced tools they offer, without the hassle of moving funds between wallets.

FAQs About Buying Penumbra (um) on BingX

Why isn’t um on BingX yet?

Tokens undergo rigorous listing reviews before we make them accessible on BingX. Our team evaluates security, liquidity, and project fundamentals before adding new assets.

How much will buying um cost?

Can I move um into BingX later?

What’s the safest way to buy um?

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