What are Uniswap and UNI?
Uniswap is a decentralised exchange protocol built on Ethereum. Rather than matching buy and sell orders in a traditional order book, it uses an automated market maker (AMM), which prices tokens according to how much liquidity is available.
UNI is the governance token of the Uniswap Protocol. UNI holders can vote on proposals about how the protocol operates. The protocol is governed by UNI token holders and stewarded by the Uniswap Foundation.
How to buy Uniswap in the UAE
In the Crypto.com App, the basic steps are:
- Sign up and verify your identity.
- Top up your account.
- Go to the trading screen, select Uniswap and complete your purchase.
If you fund your account first, wait until the funds are available before buying Uniswap.
Which payment methods can you use?
To buy Uniswap in the Crypto.com App, you can fund your account by bank transfer in AED or SWIFT transfer in USD, both free on Crypto.com, as well as by debit or credit card (Visa or Mastercard), Apple Pay, Google Pay or crypto deposited from another wallet.
How much do you need to buy Uniswap?
On Crypto.com, you can start with as little as 10 AED.
In practice, that means you can buy a small fraction of Uniswap rather than committing a large amount upfront.