11/07/2023
CRYPTOCURRENCY OF THE DAY!!!
Symbol : $UNI
Price : $5.01(+5.39%)
ROI(30d) : 15.39%(vUSD)
Name : Uniswap
Category : DEXes
Rewards : 100 $SDC/$150 Trnx
About Uniswap:
Uniswap is a decentralized exchange protocol built on the Ethereum blockchain. Unlike traditional exchanges, which rely on order books to match buyers and sellers, Uniswap uses an automated liquidity protocol. This means that anyone can create a market by supplying an equal value of two tokens. The protocol then automatically determines the price based on the supply and demand. For service access and governance, UNI was introduced as the native token of Uniswap and it has a MCap of $3.77B.
Purpose:
The primary purpose of Uniswap is to allow anyone to trade ERC20 tokens directly from their wallets, without the need for an intermediary.This is a significant departure from traditional exchanges, which require users to deposit their tokens into the exchange's wallet, thereby giving
up control of their assets.
RATING: EXCELLENT
How to Buy $UNI on Scurdex:
Download and install the Scurdex wallet from the Google Play Store; create or import an existing wallet from another compatible, non-custodial crypto wallet. If you are creating a wallet for the first time, ensure you backup your wallet and get your passphrase, then follow the following steps:
1. Click the Wallet icon on main menu, add UNI(ERC20) to wallet using Coin Manager and ensure it sync fully with the network, then copy wallet address for use in step 4.
2. Go to Setting > About App > Trade Crypto With Fiat > Select [Transak] to launch the Crypto Buy/Sell widget.
3. Provide the amount($150 minimum) of Crypto and select fiat currency your method of payment supports.
4. To buy crypto, Select UNI(ERC20), click "Buy Now", provide your email address, verify it, paste wallet address copied in step 1 and complete the transaction. Wait for $UNI token to be deposited in your wallet.
One-time Light KYC will be required for first time user to complete transaction not more than $150.
Rewards Terms:
For every $150.00 worth of crypto asset you purchase on Transak through the Scurdex wallet, you will be rewarded with 100 $SDC tokens. Every wallet address qualifies for a maximum of 1000 $SDC, which is equivalent to a total of $1500 in transaction value.
The price and market data are taken as at 7th of Nov. 2023, 09:20 London Time.