What is Uniswap?
Established in 2018, Uniswap is the blockchain world’s largest decentralized cryptocurrency exchange (DEX) and regularly appears in lists of the top five crypto exchanges of any kind measured by daily trading volume.
In addition to supporting crypto swaps, Uniswap allows users to earn rewards by staking crypto to liquidity pools.
The Uniswap ecosystem includes an ever-growing selection of market-leading DeFi apps for countless purposes, including lending, insurance, exchange aggregation, liquidity management, analytics, crypto derivatives trading, crypto wallets, and much more.
Uniswap has its own cryptocurrency, the UNI, which you can purchase at Kriptomat.
Year Established: 2018
Start using Uniswap DEX now
Here’s the fast, easy way to get started with the Uniswap DEX: The Kriptomat DEX Onramp.
1. Set up a MetaMask wallet
MetaMask is a crypto wallet that is implemented as a browser extension on PCs and an app on mobile devices. Visit Metamask.io and select “Download” and you will receive the proper version for the device you are using. Follow the instructions to complete the installation. Create a wallet and password. Set up the wallet to use the Ethereum mainnet.
Now you can use the MetaMask Account Details menu to display the numeric code that is your MetaMask wallet address for the Ethereum mainnet.
2. Purchase Ethereum and transfer it to your MetaMask wallet
Your UniSwap journey requires that you have some Ethereum. Simply use the tool at the top of this page to specify how much Ethereum you wish to purchase and where it should be sent – to the MetaMask wallet address you acquired in Step 1. Visa and Mastercard support mean you can complete this process in minutes. (If you have a Kriptomat account, you can acquire and send Ethereum in the normal way.)
3. Connect your MetaMask wallet to Uniswap
Navigate to Uniswap, click on the profile icon, and follow the instructions on your screen to link your MetaMask wallet to your Uniswap account.
4. Begin trading
Now that you have funded your MetaMask wallet, you are ready to begin swapping crypto at Uniswap.
It’s just that easy!