On Thursday, the Uniswap team announced via a blog post that Venmo is now available on Uniswap Web and Wallet. With MoonPay’s latest integration, users can purchase crypto directly using their Venmo balance. This means that users can purchase crypto through Venmo via Moonpay, which requires no additional credit/debit card details to input or bank transfers to initiate.
Uniswap is a decentralized exchange protocol built on Ethereum. To be more precise, it is an automated liquidity protocol. No order book or centralized party is required to make trades. UNI, the native token of Uniswap, is currently trading at $7.78, down 2% in the last 24 hours.