Answers to common questions

The UMI cryptocurrency is growing rapidly, and a large number of newcomers who join our community have a lot of questions. We actively encourage feedback from our community by e-mail and on popular forums, but only a small part of our audience reads these threads. 

For the most part, users ask questions to friends and acquaintances, as well as in Telegram chats and in other messengers. This gives rise to many myths and rumors, because sometimes there are no people who could tell you in detail about various aspects related to UMI. 

Therefore, we decided to launch a new series of articles where we will regularly answer the most common questions from our users. Here is the first article of the series. 

❗️ We would like to note that we will not repeat ourselves and answer the same questions several times. So read ALL the articles with answers to questions carefully. 

Let’s get started. 

1. The founder of the ROY Club promised to buy UMI out of the market. Do you manage this process? How much has already been bought? 

Firstly, neither the founder of the ROY Club, nor the ROY Club itself made such promises. The founder only expressed a desire, together with our leaders, to periodically buy coins that users put up at a low price. 

The desire of the founder of the ROY Club to periodically redeem coins on is entirely the founder’s initiative. The UMI Team and the founder of the ROY Club had no agreements as to buying a certain amount in UMI on a regular basis.

The founder of the ROY Club can do anything they see fit, right? So the answer is no. We do not manage redemption of orders arranged by the founder of the ROY Club, in any way. 

2. Does it make sense to wait for the UMI price to fall and then buy it at $0.95, close to the wall price?

It all depends on you and the market. Are you ready to wait for this? When will the price drop to such levels? Will it go down at all? 

It’s true we put up a large offer to buy UMI at a price of $0.95, thereby creating a powerful wall. We told you more about the wall earlier —

In short, the wall protects the UMI price from falling below $0.95, since the offer to buy coins in the amount of 365 BTC is able to handle even a massive sale of coins. 

If you have the money, time and desire, then it is quite reasonable for you to create buy offers close to the wall price — just a little higher, in order to buy UMI at the lowest possible price IF a strong decline in price suddenly happens.  

Bear in mind, however, that many people will probably want to use this strategy to also buy large amounts in UMI at a price of about $0.95. Therefore, it is likely that the cryptocurrency price quotations will not even fall to these values. 

So in theory, it may be a working strategy, and it looks quite reasonable, but there are no guarantees that in practice you will actually be able to buy a large amount in UMI at a price of about $0.95. There is a possibility that the price will not even fall to these levels at all, especially since now we have already seen the trend reverse and, though small, a new wave of price stabilization and growth start. 

3. Do you intend to add UMI to the listing on a new exchange? If so, when and where?

At the moment, we have a partnership agreement with according to which UMI is exclusively traded on this trading platform. Our first priority is to ensure that UMI develops evenly and smoothly. That is why at this stage we are not considering an idea of listing UMI on other crypto exchanges. 

However, this does not mean that there will never be a listing. In the future, UMI will appear on other platforms — after it “gets stronger” and “builds muscle”. We cannot yet name prospective exchanges for UMI listing, or schedules. 

We would also like to remind you that recently the ISP Club team brought UMI to the DeFi market and tokenized the coin in popular blockchains — Ethereum, Binance Smart Chain, Tron and Polygon (formerly Matic Network). They then added the tokenized version of UMI (WUMI) to the relevant decentralized exchanges:

Uniswap (Ethereum) —

PanсakeSwap (Binance Smart Chain) —

JustSwap (Tron) —

Quickswap (Polygon) —

So at the moment, users have the opportunity to buy/sell UMI not only on People can exchange the coin’s tokenized version for any token in one of the above blockchains, including the popular USDT stablecoin. 

To do this, you need to exchange UMI for WUMI in the Umiswap exchanger —, and then exchange WUMI for some token or cryptocurrency on one of the exchanges above. Similarly, you can buy UMI coins for USDT and other tokens at a decentralized exchange.

Learn more about UMI’s entry into the DeFi market: 

4. Some new users view UMI as a MLM project, not as a cryptocurrency that can be traded. Why?

Multi-level marketing (MLM) is one of the most effective ways to promote crypto technologies since it allows you to recruit an audience that will use cryptocurrency, not just gamble on its price. 

We chose this way of developing UMI because it allows us to systematically tell the entire world about this cryptocurrency. Everyone who talks about UMI receives a reward, with the amount specified by leaders of staking structures. 

The use of MLM does not deprive UMI of the advantages it has: 

  • Instant and fast transactions;
  • Staking based on a smart contract at a rate of up to 40% per month;
  • Decentralization. 

UMI is a decentralized payment system with an innovative staking mechanism based on a smart contract and ambitious plans for the future —

In other words, you can use UMI without engaging in MLM. You will still have access to all the advantages of our cryptocurrency, including the ability to make instant transfers with zero commissions and high-interest staking. But you can also tell your friends and acquaintances about UMI, invite them to your structure for joint staking and receive a percentage of their contributions. This is a very cool advantage.  

By the way, UMI, just like any other cryptocurrency, is traded on the open market and is subject to price fluctuations in one direction or another. UMI price depends solely on supply and demand, so it is perfectly possible to trade it, which is what a huge number of our users do. UMI trading volume of $ 2-5 million per day is an excellent proof. 

5. Many users would like to see UMI promoted by the developers rather than the ROY Club. 

We are grateful to the ROY Club for its contribution to the promotion of UMI; at the same time, we also put a lot of effort into the development of the coin. First of all, we are improving its technology: for example, we recently released a validator node —  

The UMI Team regularly sponsors various blockchain conferences, where our representatives talk about the advantages of the coin to a huge number of crypto enthusiasts. For example, we recently attended blockchain conferences in Dubai (UAE) and Antalya (Turkey): 

– Supreme Blockchain Conference in Dubai

– Blockchain Wave Conference in Antalya

For UMI’s anniversary, the Burj Khalifa — the tallest skyscraper in the world — was painted in the UMI colors and presented an incredible show. In honor of the anniversary, we organized a large-scale event. Well-known opinion leaders and entrepreneurs of the crypto industry, as well as representatives of the business elite and ruling families of the United Arab Emirates came to the party to congratulate our cryptocurrency’s team.

We are doing a lot of work to promote UMI. A full list of our achievements, as well as plans for the future, can be found at

6. The ROY Club consists of levels, and this is a problem, because higher-level leaders do not do a good job of conveying information to the community members.

It is really true that the ROY Club is an important partner of the UMI team that develops the coin through MLM. MLM involves building levels, where each leader builds a team for joint UMI staking, receiving a reward for inviting people. 

However, we would like to note that the ROY Club’s bonus program is built in such a way that the leaders actively work with their first line, which, in turn, works with its first line, and so on. Ultimately, this hierarchy ensures competent communication between users. The result is obvious — the ROY Club already has more than 300,000 participants staking UMI. 

Naturally, due to the human factor, sometimes a person may invite several participants to the team, but fails to explain basic things to them or stops contacting them/answering questions. 

In this case, we can give you the following tips: 

1) First, we recommend that you simply change your leader to a more competent one in such a situation. You can do this in the ROY Club’s Personal Account. You can find a good leader, for example, in the ROY Club chat or in the senior mentor’s chat. You can find corresponding buttons in your Personal Account.  

2) Second, we recommend that you carefully study all the documentation about UMI, and do it yourself. As a rule, beginners ask basic questions that are already answered in the Whitepaper — Our website UMI. top has links to our social media accounts where we regularly publish information about UMI — be sure to subscribe. It is also important for all beginners to read all the articles in the UMI blog where you will find lots of useful information —

3) Third, we started this series of articles in order to give answers to the most common questions. So follow our publications to receive information firsthand. 

7. Are, UMI and ROY Club the same thing or not? 

There is often confusion and misunderstanding among the participants regarding these seemingly simple things. We will now answer this question once and for all. 

UMI is a cryptocurrency created by an independent team of developers. UMI was created at the team’s own expense, there were no ICOs, IEOs or any other ways to raise funds. At the stage of creating the cryptocurrency, the UMI team was in no way connected with either the ROY Club or the cryptocurrency platform. 

However, in the end, the UMI team entered into partnership with the ROY Club and for the joint development of the coin. 

ROY Club is a UMI staking structure, a pool for joint cryptocurrency mining. ROY Club has helped UMI to reach a huge audience, and we are grateful for this. is a cryptocurrency trading platform. We have concluded an agreement according to which UMI is traded exclusively on We are also grateful to for their help in the development of the coin because now everyone can easily and simply buy/sell UMI on the exchange or P2P platform. 

To summarize, UMI, and the ROY Club are not the same thing. These are different teams. At the same time, UMI, and the ROY Club are partners who are collectively engaged in the development of the UMI cryptocurrency. However, these are three completely different and independent crypto projects

We do not plan to stop there. The UMI ecosystem now includes another staking structure — ISP Club — which is also engaged in the active development of the coin. For example, it recently brought UMI to the Decentralized Finance (DeFi) market —

Moreover, anyone can create their own structure for staking, and develop UMI with us. The same applies to crypto exchanges — in the future, when the time comes, UMI will be traded on other crypto exchanges. We have already forged and will forge many other promising partnerships in the future. 

8. Why does the 32% staking happen in UMI, not in a fiat currency? 

Sometimes users do not understand that UMI staking involves a stable increase in the number of coins, not an increase in fiat investments. 

We would like to emphasize that UMI is not a financial pyramid or an investment contract with a certain profitability — it is a cryptocurrency generated by staking. What UMI users get:

  • A decentralized payment system where you can make instant and free transactions (which other cryptocurrencies, such as Bitcoin or Ethereum, do not have).
  • Innovative staking based on a smart contract at a rate of up to 40% per month. 

Staking is an opportunity to independently generate new coins. It is the coins of the UMI network, not the fiat currencies, and it is important to understand this. UMI coins can have a different price at different time periods. UMI has its own exchange rate, like any other cryptocurrency, which can periodically rise or fall. Regardless of the exchange rate, staking continues at a stable 32% per month, which, in fact, is able to quickly compensate for a drop in the exchange rate, if it happens.  

9. Is it worth buying UMI with the last of your money or with credit money? 

Recently, we have noticed that some UMI users buy coins with the last of their money, or sometimes even with borrowed money. 

‼ ️ We strongly recommend that you do not do this. No credit or critical funds should be invested in any asset in the world. You should buy UMI with your own free funds only. 

Do not forget that cryptocurrencies are high-risk assets with high volatility that are subject to sharp price fluctuations depending on supply and demand. Therefore, once again, when buying coins, you should only count on your free funds. 

10. Why is there so little news about the development of UMI?

Little news? In just a year, we have achieved incredible results, and our plans for the future are even more ambitious. As a reminder, you can read more about our plans and achievements here:  

We would also like to emphasize that we initially set the task of developing UMI systematically so that the community would grow steadily and new technologies would be introduced gradually. We are not after a quick hype, but are systematically implementing improvements to the UMI code as well as gradually expanding the community. 

This is the best strategy of cryptocurrency development as it is designed for long-term work. And we always publish news promptly as they appear. Trust us, no significant event has been left in the shadows. 

11. What countries is UMI already used in?

Some time ago, we conducted a study in partnership with the ROY Club and and found out that our sites are visited by users from 79 countries. You can find the rating in the article from the ROY Club:

TOP 20 countries by UMI website visits:

1. Russia 🇷🇺 

2. Indonesia 🇮🇩 

3. Ukraine 🇺🇦 

4. South Africa 🇿🇦  

5. Belarus 🇧🇾 

6. Kazakhstan 🇰🇿 

7. Mexico 🇲🇽 

8. Germany 🇩🇪 

9. Kyrgyzstan 🇰🇬 

10. United Kingdom 🇬🇧

11. Uzbekistan 🇺🇿

12. China 🇨🇳

13. Netherlands 🇳🇱

14. Moldova 🇲🇩

15. Venezuela

16. Nigeria 🇳🇬

17. Georgia 🇬🇪

18. Turkey 🇹🇷

19. India 🇮🇳

20. Cuba 🇨🇺

Russia remains the leader, but it is worth noting that our user base is steadily growing and gradually covering the entire world. Users from other countries are starting to visit the website, so the geography of the cryptocurrency is steadily expanding. 

12. How many users does UMI have now?

To answer briefly, several hundred thousand. If you delve into the issue, you will see that it is not so easy to calculate. In fact, no one reports to us personally about the use of UMI. Anyone has access to the cryptocurrency.  

We can rely on the following metric:

– There are currently 382,000 UMI addresses in the UMI blockchain and another 301,000 addresses in the staking structures —

The total number of UMI addresses and addresses in the structures is now about 683,000. But we can’t say that UMI has 683,000 users, because one person can own an unlimited number of addresses. However, based on these data, we can conclude that at least 300,000 people are using UMI now since that is how many addresses actively engage in staking. 

Therefore, we can say that there are several hundred thousand UMI users at the moment. But we don’t know the exact number. 

13. How many coins do UMI users have?

There are 246,000,000 coins in total, of which 206,000,000 coins are in staking.  

In the blockchain browser, you can also see information about the number of coins at the TOP 100 addresses: — at the moment, this is 22 million UMI. 

We can also calculate how many UMI coins each staker has on average. To do this, we divide the total number of coins in staking by the number of addresses in the structures. That is: 206,000,000 coins divided by 301,000 staking addresses equals to 684 UMI. 

And that’s it. In the future, we will continue to collect your questions on various chats and answer them in one of the following articles. We hope that you liked our new section! 

Sincerely, UMI Team!