Uniswap surges 11%: here’s where to buy Uniswap

Uniswap Exchange announced it would start filling liquidity for test listing and begin test trading, causing its native token UNI to surge. If you are attracted to unique features and want to learn how and where to buy Uniswap, this guide is for you.

Top places to buy Uniswap now

As UNI is such a new asset, it’s yet to be listed on major exchanges. You can still purchase UNI using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy UNI right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‘connect’ your wallet to it.

4. You can now swap your ETH for UNI

Now that you’re connected, you’ll be able to swap for 100s of coins including UNI.

What is Uniswap?

Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.

An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity thanks to DeFi’s growing popularity and associated surge in token trading.

Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges.

Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges.

Should I buy Uniswap today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

Uniswap price prediction

Wallet Investor advises against investing in Uniswap. They predict its price will drop from its current level of around $9.81 to as little as $1.30 in just one year, equivalent to a loss  of -87%.

If you invest $100 in Uniswap now, you might be left with $13 in a year. Of course, this is just one price prediction. Some analysts are bullish on Uniswap.  

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