• Uniswap has partnered with Robinhood to permit customers to buy cryptocurrencies by way of Robinhood Join.
• Robinhood provides customers a $10 bonus in USDC when buying cryptocurrencies for the primary time.
• This partnership is consistent with Uniswap's aim of merging fiat providers and DeFi.

On Monday, Uniswap, a number one decentralized trade (DEX), introduced a brand new partnership with Robinhood, a widely known crypto buying and selling platform. Robinhood introduced this information on the X platform as follows:Robinhood Join is now accessible for @Uniswap wallets!” This integration will enable customers to buy digital belongings on the Uniswap cell software utilizing Robinhood's “Join” function. As such, Uniswap customers can now buy cryptocurrencies utilizing their Robinhood account. Prospects also can carry out these transactions utilizing debit playing cards or financial institution transfers.

Moreover, this partnership means Robinhood Join, Moonpay, and Coinbase Pay would be the three crypto buying gateways accessible on the Uniswap platform. Moreover, Robinhood mentioned it is going to supply a “restricted time” $10 bonus in USDC (USD Coin) while you make your first buy of $10 value of cryptocurrency by way of Uniswap's Robinhood Join.

This integration demonstrates Unisawp's aim to combine fiat providers and the decentralized finance (DeFi) sector. Uniswap is understood for its user-friendly interface and efforts to enhance the consumer expertise by incorporating providers that facilitate easy accessibility to the cryptocurrency market.

This partnership subsequently not solely simplifies cryptocurrency buying and selling, but in addition expands alternative for Uniswap customers, emphasizing comfort and accessibility. In parallel, it displays the growing integration of fiat forex buying and selling with the decentralized finance (DeFi) sector.

In the meantime, Robinhood has taken steps to extend its presence within the cryptocurrency market, exemplified by the current enlargement of its MetaMask pockets app. In parallel, Robinhood improved its providers by opening up his 4 new cryptocurrencies to prospects in New York.
Information from Coincodex exhibits that Uniswap (UNI) witnessed an uptrend within the final intraday session. UNI is buying and selling at $7.01 on the time of writing, reflecting a rise of 4.32% over the previous 24 hours. Equally, the market capitalization elevated by 4.40% to a complete of $4.1 billion. Nonetheless, buying and selling quantity decreased by 22.97% over the identical interval, reaching $145,567,768.