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Uniswap to allow users to purchase crypto using debit and credit cards and bank transfers

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Uniswap to allow users to purchase crypto using debit and credit cards

Uniswap, a decentralized exchange, has announced that it will allow users to purchase cryptocurrency using debit and credit cards, as well as bank transfers.

The bank transfer option will be available to users in the US, Brazil, the UK, and the Single Euro Payments Area.

Uniswap aims to make the process of buying cryptocurrency easier and more convenient for its users, who will be able to convert fiat to cryptocurrency on the Ethereum mainnet, Polygon, Optimism, and Artibrum in a matter of minutes.

Initially, Uniswap will support Dai, Ether, USD Coin, Tether, Wrapped Bitcoin, and Wrapped Ether, depending on the user’s region.

The exchange hopes that the new feature will improve the onboarding process for decentralized finance by offering no spread fees on USDC, low processing fees, and instant access.

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Roland is a Public Relations & Communications guru with an immense passion for the blockchain and crypto industry. A fusion of his expertise and passion led to the dawn of Optimisus in 2020.