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How to Buy Penumbra (UM)

Looking to buy Penumbra(UM)? You can purchase UM through Web3 wallets, decentralized exchanges (DEXs), or supported centralized exchanges in just a few steps. This guide walks you through the best ways to buy Penumbra, and how to store and manage your UM securely after purchase.

Crypto Rating
4.3
Last updated: -- (UTC+8)

Where Can I Buy Penumbra (UM)?

Even though Penumbra is not listed on BingX yet, you can buy it using Web3 wallets, decentralized exchanges, or reputable centralized exchanges that list UM. Once you buy Penumbra elsewhere, you can transfer it to your own wallet, and later deposit it into BingX when trading becomes available.
Why Is Penumbra Not Listed on BingX Yet?
Penumbra undergoes standard listing reviews for security, liquidity, and project integrity. Once approved, Penumbra could be supported on BingX Spot, Convert, and Earn products. Sign up now to be notified when Penumbra becomes available.

Choose How to Buy Penumbra

  • Buy Penumbra on BingX ChainSpot
    BingX ChainSpot offers access to early-stage Solana ecosystem tokens directly from your BingX account.
    1. Navigate to ChainSpot: In the BingX app or website, go to the Spot tab, then select ChainSpot.
    2. Fund your Spot account: Ensure you’ve finished Advanced KYC and have USDT in your Spot Account.
    3. Search for UM: Use the ChainSpot search bar or select UM from the Solana-supported asset list.
    4. Enter the amount of UM to buy: Specify how much USDT you want to swap into UM. Only market orders are supported on ChainSpot.
    5. Receive UM: Check the output, fees, and contract details, then confirm the order; ChainSpot executes the swap on-chain and deposits Penumbra straight into your BingX Spot Account with no external wallets or bridging required.
    Pro Tip: ChainSpot eliminates the need for external wallets or manual bridging, but on-chain swaps may still incur Solana gas fees and be affected by liquidity or price volatility.
  • Buy Penumbra on a Decentralized Exchange (DEX)
    Alternatively, you can buy Penumbra on DEXs without KYC by using a compatible Web3 wallet.
    1. Set up a Web3 wallet: Create a compatible Web3 wallet, such as Trust Wallet, MetaMask, or Phantom, and fund it with a base token like USDC, USDT, WETH, or BNB. Make sure your wallet supports the network your token is on. For example, MetaMask supports Ethereum and most EVM chains.
    2. Connect to a compatible DEX: Connect your wallet to a DEX to buy Penumbra without KYC, e.g., use Uniswap for Ethereum tokens, and Raydium for Solana-based tokens to ensure full compatibility.
    3. Search for UM: Choose the UM pair and enter how much USDC or other base currency you want to swap into UM.
    4. Swap for Penumbra: Set slippage, review gas fees, and approve the swap. Your Penumbra will arrive once the transaction is confirmed on-chain.
    Pro Tip: On-chain purchases include gas fees and carry slippage, liquidity, and smart contract risks. You are fully responsible for self-custody.
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  • Buy Penumbra on a Supported Centralized Exchange (CEX)
    Centralized exchanges (CEX) are the simplest and most popular way to buy UM. Perfect for beginners.
    1. Choose an exchange: Choose a reputable exchange or platform that lists Penumbra in your region.
    2. Create and verify account: Sign up using your email address, create a secure password, and verify your identity by submitting a valid ID and, if required, proof of address to begin trading in a compliant and secure manner.
    3. Add a payment method: Deposit funds using fiat like USD, EUR, etc., or crypto like USDT, BTC or ETH.
    4. Buy UM: Search for UM, select a trading pair like UM/USDT, choose Market or Limit, enter the amount you want to purchase, and place the order.
    5. Store Penumbra: Withdraw UM to your own wallet for self-custody if desired, and later deposit it into BingX once supported.
    Pro Tip: Always pick a reputable exchange with strong security, low fees, and good reviews. A few minutes of research can save you a lot.
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  • Buy Penumbra via Token Swap on a Web3 Wallet
    You can buy UM through token swaps in Web3 wallets for a quick, KYC-free option.
    1. Get a Web3 wallet ready: Install MetaMask, Trust Wallet, Phantom, or another wallet compatible with UM’s blockchain.
    2. Fund the wallet: Add a base token like USDT, ETH, or SOL via an on-ramp service or by transferring from BingX.
    3. Prepare gas fees: Ensure you have the blockchain’s native token such as ETH, BNB, or SOL to cover gas costs for the swap.
    4. Swap for UM: Open the wallet’s Swap feature, choose the base token as the input and UM as the output, review slippage and estimated output, and confirm the transaction.
    5. Receive UM: Once the transaction is confirmed on-chain, UM will appear in your wallet.
    Pro Tip: Wallet swaps may have higher fees, limited network support, and require full responsibility for safeguarding your private keys.
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What Can You Do with Penumbra After Buying?

  • Hold Penumbra

    Store UM securely in a self-custody wallet or hardware wallet if you're planning long-term storage.

  • Trade UM

    Buy or sell Penumbra on reputable DEXs or CEXs where it is listed, or use trading bots and automation tools available on those platforms.

  • Earn Penumbra

    Stake or use UM in staking pools or DeFi platforms if supported, participate in governance, or access ecosystem features and utilities built around Penumbra.

  • Store or Transfer Penumbra

    Send UM to a hardware wallet for long-term security, or transfer it to other wallets or users anytime for payments, swaps, or portfolio management.

How to Safely Store Penumbra

  • The safest way to store Penumbra is in a self-custody wallet where you control your private keys, like MetaMask, Trust Wallet, or hardware wallets like Ledger or Trezor.Once Penumbra is listed, you can deposit it into your BingX Spot Account for secure trading and easy access to BingX features.

FAQs About Buying Penumbra (UM)

Why isn’t Penumbra listed on BingX yet?

New assets must pass BingX’s internal review process, which evaluates security, liquidity, compliance, project fundamentals, and overall listing readiness before being made available for trading.

Where can I buy Penumbra now?

How do I transfer Penumbra to BingX later?

What is the safest way to buy Penumbra?

Can I buy Penumbra without KYC?

Penumbra Investment Calculator

See how much a $100 Penumbra investment from your selected year would be worth today, based on historical data.
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Check the real-time UM/USDT exchange rate before placing any purchase order. Remember, past performance is not a guarantee of future results.

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