Leading Decentralized Exchange Uniswap (UNI) Launches Payments With Credit Card and Bank Transfers

Uniswap (UNI), a decentralized finance (DeFi) platform, has announced that users can now use their credit or debit cards to purchase cryptocurrencies on their web app using bank transfers.

The leading decentralized cryptocurrency exchanges (DEX) are roll out We have partnered with MoonPay, a fintech company that builds cryptocurrency payment infrastructure, to support new payment methods.

“You can now access DeFi directly on the Uniswap web app and use our first partner, MoonPay, to purchase cryptocurrencies on our web app using any card or bank transfer in over 160 countries. I can do it.”

Accepted payment methods vary by region. For example, bank transfers are only available to most users in the United States, Brazil, Single European Payments Area (SEPA), and the United Kingdom.

According to the DEX, the cryptocurrencies Ethereum (ETH), Dai (DAI), USD Coin (USDC), Tether (USDT), Wrapped Bitcoin (wBTC), and Wrapped Ether (wETH) are available in user regions. Supported at launch depending on. People based in the US cannot buy wETH or wBTC.

As centralized exchanges face increasing scrutiny amid allegations that former crypto giant FTX misappropriated customer funds, Uniswap says self-custody is the safest option when investing in cryptocurrencies said to be a viable option.

“But the main barrier to DeFi adoption is the onboarding experience, forcing users to store their assets on CEX for convenience despite the risks.”

platform To tell It makes self-management more accessible.

“We wanted to ensure that all users and future users can safely and securely purchase crypto without relying on centralized intermediaries.

After connecting your wallet to the Uniswap web app, you will be able to purchase crypto using fiat currency. This is an important step in making her DeFi and self-custody accessible to all users. ”

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