Decentralised exchange, Uniswap, has been one of the biggest names to come out of DeFi. It is currently ranking in the top 10 cryptocurrencies by market cap. Of course, Everyone likes the Unicorn logo, but what they really love is Uniswaps access to some of the best Defi swapping on the planet. On this Decentralised Exchange, also known as a DEX, traders can exchange crypto directly without a custodian or intermediary. Orders on the Uniswap exchange are executed on-chain, unlike a centralised exchange in which orders are executed off-chain and the exchange allocates balances to its users.
UNI is the in-house governance token of the Uniswap decentralised exchange. It is an ERC-20 token, meaning that it runs on the Ethereum blockchain. When the UNI token went live in September 2020, UNI doubled in value within its first week. You can buy Uniswap on the Swyftx cryptocurrency exchange.
One of the main benefits of Uniswap is that traders can exchange coins and tokens and not have to trust anyone with the funds they deposit. Uniswap also features a liquidity pool that allows for special reserves to be added by lenders who hope to earn interest on their cryptocurrency. Additionally, users of Uniswap can earn rewards from trading fees by participating as liquidity providers. With lightning-fast settlement speed, super-high trading volume, and ultra-high liquidity, UniSwap will continue to remain a strong force in the cryptocurrency industry for some time. Currently, Uniswap’s circulating supply has not yet surpassed 65% of its maximum supply.
How to buy Uniswap in Australia
Swyftx supports purchases of Uniswap on our cryptocurrency trading platform. To buy UNI, login to your Swyftx account or create an account if you haven’t already done so. Once you’ve verified your email address, phone number and identification, you can then deposit funds into your account. Swyftx supports deposits via one of the following payment methods; bank transfer, PayID, POLi or debit card. When you’ve successfully deposited AUD into your account, you can use this to buy Uniswap (UNI) and over 270 other cryptocurrencies. Once you have successfully purchased UNI, the asset will be automatically stored in the crypto wallet that is integrated with your Swytx trading account.
Why should I buy UNI with Swyftx?
Swyftx is Australia’s top-rated cryptocurrency exchange, where people from all over the country have access to buy, sell and trade Uniswap as well as hundreds of other cryptocurrencies. We are an Australian-owned and operated exchange that offers personalised customer support giving you the confidence to navigate through the world of cryptocurrency. When you have a question or concern, you shouldn’t hesitate to get in touch. Instead of waiting days for a response to your email or getting stuck with a chatbot, you can talk to a real person in real-time!
You’ll also enjoy extremely low fees and low spreads when you sign up to the Swyftx trading platform, making it one of the most affordable crypto exchanges in the country. Our app is rich in features to improve your trading experience. Some of the features that our customers have come to love include automatic recurring orders, price-triggered buy and sell orders and a demo mode that allows you to trade with fake currency.
