What is Uniswap (UNI)?
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Written by Ignat
Updated over a week ago

Uniswap is a decentralised trading protocol, which facilitates automated trading of decentralised finance (DeFi) tokens. Its governance token is UNI. Uniswap users can also earn passive income by supplying liquidity and decide on the future of the protocol.

Uniswap’s objective is to create liquidity for the DeFi sphere while attempting to solve the issues normally associated with it. By automating the process of market making, the protocol limits risks, reduces costs for all parties, and removes identity requirements for users, enabling anyone to create a liquidity pool for any token pair.

Check out this article to choose the most convenient way to buy cryptocurrencies, including UNI.

NB: For UNI transfers, Cryptopay supports ERC-20 network only. All the funds sent via other networks (e.g. BEP-20 etc.) will be lost forever.

In compliance with the Financial Promotion Act which came into force on 8 October, 2023, at 8 AM UTC, some account functionality is temporarily limited for the Cryptopay customers with verified UK residency.
Check what services are available: Service availability in the UK

The world of crypto is vast and intricate - if you feel overwhelmed, check out Cryptopay Learn. It is a perfect place to start for beginners trying to understand the basics of crypto. For more experienced crypto enthusiasts, this is also an excellent opportunity to brush up on their knowledge. The more you learn, the more you earn!

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