Now, Getting into DeFi is Easier for Users with Uniswap’s New Provision!

The popular decentralized exchange Uniswap has partnered with the payment provider Moonpay to allow users to purchase cryptocurrencies using fiat modes, including debit & credit cards and bank transfers (for select regions).

Users can now avail of the platform’s newest features on the Ethereum mainnet, Polygon, Optimism, and Artibrum.

The company works with the notion of DEXs (Decentralized Exchanges) being safer than CEX (Centralized Exchanges) as the former is more reliable due to user protection, self-custodial nature, permissionless functionality, immutable protocols, and transparent public ledgers.

Such an announcement is coming at a time when the crypto market isn’t performing great, with some disastrous events unfolding in recent times.

Such developments mean a lot to the DeFi sphere since this branch of crypto finance has been perceived to be hard to perform and master for the commoners, mainly due to the number of responsibilities lying to the end-user.

Inspiring? Awestruck? Movements from such established names in the Web3 circles might be the perfect foil for the transition to accelerate from Web2 to Web3, particularly in the financial sector.

Utilize the prowess of a professional DeFi application development company to create a DEX platform that can function seamlessly and can contain multiple features.