Blockchain
Uniswap to allow users to purchase cryptocurrency with debit and credit cards
Published
1 month agoon

Decentralized exchange Uniswap has partnered with fintech company Moonpay to allow users to purchase cryptocurrency on its web app using debit cards, credit cards, and bank transfers. The bank transfer option is being rolled out to users in most US states, Brazil, UK and Single European Payments Arena, also known as SEPA.
In the announcement made on December 20, Uniswap Mutual Its users will now be able to convert fiat currencies into cryptocurrency on the Ethereum mainnet, Polygon, Optimism, and Artibrum within minutes.
1/ Go straight to DeFi
Starting today, you can now buy cryptocurrencies on the Uniswap web app using credit/debit card or bank transfer at the best rates in web3 thanks to our partnership with @employee! https://t.co/YVyk8e6d2h
– Uniswap Labs (@uniswap) December 20, 2022
According to Uniswap, Decentralized Exchanges (DEX) It is a safer option Central Exchanges (CEX) Because of its built-in user protection, self-guarding wallets, immutable and unauthorized protocols, and a transparent public ledger.
Initially, Uniswap will support dai (DAI), ether (ETH), dollar coin (USDC) , Rope (USDT) and encapsulated Bitcoin (wBTC) and encapsulated ether (wETH), depending on the user’s region.
The company shared that the Decentralized Finance (DeFi) experience was a major hurdle for its adoption, as CEXs are seen as more convenient by users despite the risks associated with them. Uniswap hopes its latest offering will improve the onboarding process with “no spread fees on USDC, lowest processing fees on the market, and instant access.”
Related: Uniswap launches NFT marketplace aggregator
Uniswap’s announcement comes at a time when many centralized crypto platforms have collapsed, most recently FTX.
On November 22, Cointelegraph reported this Uniswap has received backlash from some members of the community to update its privacy policy to include the collection and storage of user data, which for many goes against the core values of cryptography.
The privacy policy, which was updated on November 17, revealed that the exchange will collect publicly available blockchain data, information about user devices such as browser information and operating systems, as well as information about users’ interactions with service providers, among other things.
Published on By join us cable A channel to stay up to date on breaking news coverage The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside. Key levels: Resistance levels: $300, $310, $320 Support levels: $130, $120, $110 BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel. According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal. However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively. Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below. However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel. But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million. Dash 2 Tadawul – High Potential Pre-Selling
join us cable A channel to stay up to date on breaking news coverage join us cable A channel to stay up to date on breaking news coverage Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel. Key levels: Resistance levels: $2.00, $2.20, $2.40 Support levels: $0.50, $0.30, $0.10 DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency. the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart. Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14). Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below. Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone. But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million. Dash 2 Tadawul – High Potential Pre-Selling
join us cable A channel to stay up to date on breaking news coverage Published on By SEC Head Gensler Discusses Crypto Regulation After FTX Collapse – Says This Field Is ‘Bigly Incompatible’ – Bitcoin News Regulatory Oryen Network is the new face of DeFi, with Pancakeswap and 1 inch showing that sustainable yield is possible. Analysis – Jail fueled Lula’s determination to tackle poverty over profit. By Reuters Jules to enter management after failing to secure new funding China will use the cuts at the appropriate time to keep liquidity ample, Reuters reported, citing state media What does the midterm elections mean for today’s trading: live analysis France to release €5 billion in SDRs for countries at risk under G20 programme. By Reuters European stocks drop as central banks point to more challenges for 2023
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