- Uniswap companions with Robinhood, permitting customers to purchase crypto by Robinhood Join.
- Robinhood incentivizes customers with a $10 bonus in USDC for first-time crypto purchases.
- The collaboration aligns with Uniswap’s purpose of merging fiat companies with DeFi.
On Monday, Uniswap, a significant decentralized alternate (DEX), disclosed its new partnership with famend crypto buying and selling platform Robinhood. Robinhood introduced this information on its X platform, saying, “Robinhood Join is now accessible on @Uniswap pockets!.” With this integration, customers should buy digital belongings on the Uniswap cell utility utilizing Robinhood’s “Join” function. As such, Uniswap customers can now use their Robinhood accounts to buy cryptocurrency. Clients may perform these transactions utilizing debit playing cards or financial institution transfers.
Furthermore, this collaboration means Robinhood Join, Moonpay, and Coinbase Pay at the moment are the three crypto-purchasing gateways accessible on the Uniswap platform. Moreover, Robinhood famous that it gives a “time-limited” $10 bonus in USDC (USD Coin) for first-time purchases of $10 price of cryptocurrencies by way of Robinhood Join on Uniswap.
The mixing marks Unisawp’s purpose of merging fiat companies with the decentralized finance (DeFi) sector. Uniswap is understood for its user-friendly interface and dedication to enhancing consumer expertise by incorporating companies that facilitate easy accessibility to crypto markets.
Therefore, this partnership not solely simplifies crypto transactions but in addition broadens the choices for Uniswap customers, emphasizing comfort and accessibility. In tandem, it mirrors the elevated integration of the fiat transactions with the Decentralized Finance (DeFi) sector.
In the meantime, Robinhood is taking steps to extend its presence within the crypto market, signified by its current enlargement on the MetaMask pockets app. In tandem, Robinhood has improved its choices by unveiling 4 new cryptocurrencies to New York prospects.
Information from Coincodex reveals that Uniswap (UNI) has witnessed an upward development within the final intraday session. UNI trades at $7.01 at press time, reflecting a 4.32% surge within the final 24 hours. Equally, its market capitalization has elevated by 4.40%, totaling $4.1 billion. Nevertheless, buying and selling quantity has dipped by 22.97% over the identical interval, amounting to $145,567,768.
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