On this Page:<\/h2>Contents [show<\/span>]<\/div><\/div><\/ul> <\/div><\/div><\/div>\nHow to Buy Uniswap<\/h2>\n\n\n- Start by choosing a suitable Uniswap exchange – we recommend Binance as one of the top choices.<\/li>\n
- Visit the Binance homepage and create a new account by entering your personal information and uploading proof of identity documents.<\/li>\n
- Fund your account using one of the supported payment methods on Binance.<\/li>\n
- Search ‘Uniswap ‘ on the Binance search bar to continue.<\/li>\n
- Create a new order by entering the amount of tokens you wish to purchase, and confirm the transaction.<\/li>\n<\/ol>\n<\/div><\/div>\n
Where to Buy Uniswap – Best Platforms<\/h2>\n
For those unfamiliar with the entire swapping ecosystem (whether it’s UNI, SUSHI, or Pancake), a “swap” is simply the exchange of one cryptocurrency for the amount equivalent to another via a smart contract. In 2018, Uniswap, an Ethereum-based platform, was created as a decentralized cryptocurrency exchange (DEX). A DEX is distinct from a centralized cryptocurrency exchange in that it is a person-to-person exchange with no middlemen or transaction fees (other than blockchain fees).<\/p>\n
Users of Uniswap can exchange numerous Ethereum-based tokens recognized as ERC-20 tokens (e.g., USDT, LINK, DAI) via liquidity pools, potentially earning money. Uniswap uses the assets as liquidity for traders after a user provides liquidity through a pair of assets, allowing the liquidity provider to earn trading fees. UNI is the protocol token for Uniswap, which will be launched in September 2020.<\/p>\n
We have narrowed down the best platforms to buy UNI after extensive research.<\/p>\n
Best Brokers to Buy Uniswap<\/h2>\n1 – KuCoin<\/strong><\/h2>\n![\"KuCoin\"](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/11\/kucoin-logo-signup.com_.svg\")
<\/a>KuCoin<\/span>, which was formed in 2017, is a global cryptocurrency exchange that provides a variety of trading options to its eight million members. Spot, , futures, margin, and peer-to-peer (P2P) trading are all examples, along with staking and lending.<\/p>\nKuCoin, the cryptocurrency platform, claims to provide the highest level of security and a cryptocurrency selection of approximately 400. Despite its extensive functionality, it is a user-friendly exchange with a simple layout.
\nFurthermore, the KuCoin exchange has some of the lowest costs in the cryptocurrency industry.<\/p>\n
Co-Founder & CEO <\/strong><\/h3>\nJohnny Lyu is the Co-Founder and CEO of KuCoin, one of the most popular cryptocurrency exchanges in the world. With over 8 million registered users from 207 nations and territories worldwide, KuCoin has evolved into one of the most popular cryptocurrency exchanges.<\/p>\n
KuCoin received $20 million in round A funding from IDG Capital and Matrix Partners in November 2018, and Forbes Advisor named it one of the Best Crypto Exchanges of 2021 in 2021.<\/p>\n
Deposit & Withdrawal<\/h3>\n
KuCoin does allow you to buy cryptocurrency with fiat money, but only through a third-party app. Investors can pay with a credit or debit card, Apple Pay, or Google Pay, but not by bank transfer. And the fees can be exorbitant.<\/p>\n
You’ll also be required to buy a specific amount of one currency right away. For example, you could spend $200 on Tether (USDT), a stablecoin pegged to the US dollar. Tether could then be used to purchase other currencies. You couldn’t just put $200 down and wait for the right time to invest it. Other exchanges allow you to deposit money and then decide how and when to spend it.<\/p>\n
KuCoin Trading Fees<\/span><\/strong><\/h3>\nKucoin’s trading fee structure is pretty straightforward. The platform charges 0.1 percent to both makers and takers, making it one of the cheapest cryptocurrency exchanges online. If you own the platform’s native Kucoin Shares tokens, you can further minimize your fees. <\/span><\/p>\nKuCoin listed Uniswap (UNI) back on September 17, 2020, and supported UNI\/USDT trading pair.<\/p>\n
Pros & Cons of the KuCoin platform:<\/h3>\n\n\n\n- <\/i> User-friendly exchange<\/li>\n
- <\/i> Low trading and withdrawal fees<\/li>\n
- <\/i> Vast selection of altcoins<\/li>\n
- <\/i> Ability to buy crypto with fiat<\/li>\n
- <\/i> 24\/7 customer support<\/li>\n
- <\/i> No forced Know Your Customer (KYC) checks<\/li>\n
- <\/i> Ability to stake and earn crypto yields<\/li>\n<\/ul>\n<\/div><\/div><\/div>\n\n
\n- <\/i> Complicated interface for newbies<\/li>\n
- <\/i> No bank deposits<\/li>\n
- <\/i> No fiat trading pairs<\/li>\n<\/ul>\n
<\/p><\/div><\/div><\/div><\/div>\n
2 – Coinbase <\/strong><\/h2>\n![\"Coinbase\"](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/11\/coinbase-signup.svg\")
<\/a>Coinbase was founded in San Francisco, and it’s considered one of the largest cryptocurrency trading platforms in terms of user numbers. Coinbase was the first major cryptocurrency exchange to go public in the United States, debuting on the Nasdaq in April at $381, giving the cryptocurrency exchange a fully diluted market value of $99.6 billion.<\/p>\nCoinbase enables you to buy and sell cryptocurrencies such as Bitcoin<\/a>, Ethereum, Litecoin, and more than 50 others. It can also be used to convert one cryptocurrency to another and to send and receive cryptocurrency. Coinbase, similar to stock trading apps, displays the current price and trends for cryptocurrencies, as well as a view of your portfolio and industry news. For trading, use the Coinbase Pro exchange, which has lower fees than the main Coinbase site, which is more of a broker.<\/p>\nYou can set your own limits or market orders for Uniswap on the Coinbase Pro exchange. The maker \/ taker fee is 0.5 percent until you trade over $10,000 in volume in 30 days, at which point it drops to 0.35 percent. If your 30-day volume exceeds $300 million, maker fees (for limit orders) are waived for free crypto trading.<\/p>\n
Pros & Cons of the Coinbase<\/strong> <\/span>platform:<\/h3>\n\n\n\n- <\/i> Trade against the US Dollar, GBP or EUR rather than USDT<\/li>\n
- <\/i> Well-known and trusted by US regulators<\/li>\n
- <\/i> Instant deposits and withdrawals to \/ from bank account<\/li>\n
- <\/i> Remember to use Coinbase Pro for lower fees<\/li>\n<\/ul>\n<\/div><\/div><\/div>\n\n
\n- <\/i> Higher<\/span> maker \/ taker fee than Binance unless your trading volume is very high<\/span><\/li>\n
- <\/i> Coinbase Pro website is slow and lacks chart indicators<\/li>\n
- <\/i> Less customer support<\/li>\n<\/ul>\n
<\/p><\/div><\/div><\/div><\/div>\n
3 – Bitfinex<\/strong><\/h2>\n![\"Bitfinex\"](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/11\/bitfinex-signup-logo.svg\")
<\/a>Bitfinex is a popular cryptocurrency exchange that allows users to buy, sell, and trade a wide range of digital coins. The platform, which is based in Hong Kong, was founded in 2012.<\/span><\/p>\nIntermediate and pro traders are the most likely to use Bitfinex’s trading area because it offers a good selection of chart analysis tools.<\/span><\/p>\nAside from cryptocurrencies, the only payment method accepted for depositing and withdrawing funds is a wire transfer. Bitfinex, like Coinbase, is one of the few platforms that permit you to short cryptocurrencies and employ leverage trading strategies.<\/span><\/p>\nFounders –<\/strong> Bitfinex began in December 2012 as a peer-to-peer Bitcoin exchange, offering digital asset trading services to consumers worldwide. <\/span>Giancarlo Devasini has served as Bitfinex’s CFO since 2013 and has been instrumental in the company’s growth. Giancarlo Devasini began his career as a physician, graduating from Milan University with a Doctor of Medicine degree in the year 1990.<\/span><\/p>\nBitfinex – Is it regulated?<\/strong><\/h3>\nBitfinex Securities Ltd., a supplier of blockchain-based investment products, has opened its regulated investment exchange (Bitfinex Securities) in the AIFC, with the goal of improving members’ access to a diverse range of financial products. As a result, Bitfinex is not regulated in any way. Whereas, the company’s headquarter is in Hong Kong and registered in the British Virgin Islands.<\/span><\/p>\nFees and deposit limits – <\/span><\/strong>Bitfinex charges a 0.1 percent fee for bank transfer deposits. If you deposit $10,000, for example, you will be charged a fee of $10. If you deposit with cryptocurrency, you will be charged a small fee that is determined by the coin you use to fund your account.<\/span><\/p>\nWithdrawal fees –<\/span><\/strong> Bitfinex charges a 0.1 percent fee for bank transfer withdrawals. You can pay a 1% expedited fee if you need funds within 24 hours. Alternatively, bitcoin withdrawal fees vary depending on the coin.<\/span><\/p>\nBitfinex listed Uniswap (UNI) back on September 18, 2020 and enabled trading against US Dollars (UNI\/USD) and Tether (UNI\/USDt).<\/p>\n
Pros & Cons of the Bitfinex platform:<\/h3>\n\n\n\n- <\/i> Established since 2012.<\/span><\/li>\n
- <\/i> \nSuitable <\/span><\/span>for <\/span><\/span>experienced <\/span>traders.<\/span><\/span><\/div>\n<\/li>\n
- <\/i> \n<\/span>Over <\/span><\/span>100 <\/span><\/span>coins <\/span><\/span>are <\/span><\/span>supported.<\/span><\/span><\/div>\n<\/li>\n
- <\/i> \nBank <\/span>wire <\/span><\/span>deposits <\/span>and <\/span>withdrawals <\/span><\/span>are <\/span><\/span>accepted.<\/span><\/span><\/div>\n<\/li>\n<\/ul>\n<\/div><\/div><\/div>\n\n
\n- <\/i> \nThere <\/span>is <\/span>no <\/span><\/span>regulation.<\/span><\/span><\/div>\n<\/li>\n
- <\/i> \n<\/span>US <\/span><\/span>citizens <\/span><\/span>are <\/span>not <\/span><\/span>accepted.<\/span><\/span><\/div>\n<\/li>\n
- <\/i> \n<\/span>Expensive <\/span><\/span>trading <\/span><\/span>fees<\/span><\/span><\/div>\n<\/li>\n
- <\/i> Hacked on more than one occasion<\/li>\n
- <\/i> Support team only available via email<\/li>\n<\/ul>\n
<\/p><\/div><\/div><\/div><\/div>\n
4- Binance<\/h2>\n
- <\/ul> <\/div><\/div><\/div>\n
- Start by choosing a suitable Uniswap exchange – we recommend Binance as one of the top choices.<\/li>\n
- Visit the Binance homepage and create a new account by entering your personal information and uploading proof of identity documents.<\/li>\n
- Fund your account using one of the supported payment methods on Binance.<\/li>\n
- Search ‘Uniswap ‘ on the Binance search bar to continue.<\/li>\n
- Create a new order by entering the amount of tokens you wish to purchase, and confirm the transaction.<\/li>\n<\/ol>\n<\/div><\/div>\n
Where to Buy Uniswap – Best Platforms<\/h2>\n
For those unfamiliar with the entire swapping ecosystem (whether it’s UNI, SUSHI, or Pancake), a “swap” is simply the exchange of one cryptocurrency for the amount equivalent to another via a smart contract. In 2018, Uniswap, an Ethereum-based platform, was created as a decentralized cryptocurrency exchange (DEX). A DEX is distinct from a centralized cryptocurrency exchange in that it is a person-to-person exchange with no middlemen or transaction fees (other than blockchain fees).<\/p>\n
Users of Uniswap can exchange numerous Ethereum-based tokens recognized as ERC-20 tokens (e.g., USDT, LINK, DAI) via liquidity pools, potentially earning money. Uniswap uses the assets as liquidity for traders after a user provides liquidity through a pair of assets, allowing the liquidity provider to earn trading fees. UNI is the protocol token for Uniswap, which will be launched in September 2020.<\/p>\n
We have narrowed down the best platforms to buy UNI after extensive research.<\/p>\n
Best Brokers to Buy Uniswap<\/h2>\n
1 – KuCoin<\/strong><\/h2>\n
<\/a>KuCoin<\/span>, which was formed in 2017, is a global cryptocurrency exchange that provides a variety of trading options to its eight million members. Spot, , futures, margin, and peer-to-peer (P2P) trading are all examples, along with staking and lending.<\/p>\nKuCoin, the cryptocurrency platform, claims to provide the highest level of security and a cryptocurrency selection of approximately 400. Despite its extensive functionality, it is a user-friendly exchange with a simple layout.
\nFurthermore, the KuCoin exchange has some of the lowest costs in the cryptocurrency industry.<\/p>\nCo-Founder & CEO <\/strong><\/h3>\n
Johnny Lyu is the Co-Founder and CEO of KuCoin, one of the most popular cryptocurrency exchanges in the world. With over 8 million registered users from 207 nations and territories worldwide, KuCoin has evolved into one of the most popular cryptocurrency exchanges.<\/p>\n
KuCoin received $20 million in round A funding from IDG Capital and Matrix Partners in November 2018, and Forbes Advisor named it one of the Best Crypto Exchanges of 2021 in 2021.<\/p>\n
Deposit & Withdrawal<\/h3>\n
KuCoin does allow you to buy cryptocurrency with fiat money, but only through a third-party app. Investors can pay with a credit or debit card, Apple Pay, or Google Pay, but not by bank transfer. And the fees can be exorbitant.<\/p>\n
You’ll also be required to buy a specific amount of one currency right away. For example, you could spend $200 on Tether (USDT), a stablecoin pegged to the US dollar. Tether could then be used to purchase other currencies. You couldn’t just put $200 down and wait for the right time to invest it. Other exchanges allow you to deposit money and then decide how and when to spend it.<\/p>\n
KuCoin Trading Fees<\/span><\/strong><\/h3>\n
Kucoin’s trading fee structure is pretty straightforward. The platform charges 0.1 percent to both makers and takers, making it one of the cheapest cryptocurrency exchanges online. If you own the platform’s native Kucoin Shares tokens, you can further minimize your fees. <\/span><\/p>\n
KuCoin listed Uniswap (UNI) back on September 17, 2020, and supported UNI\/USDT trading pair.<\/p>\n
Pros & Cons of the KuCoin platform:<\/h3>\n
\n\n- \n
- <\/i> User-friendly exchange<\/li>\n
- <\/i> Low trading and withdrawal fees<\/li>\n
- <\/i> Vast selection of altcoins<\/li>\n
- <\/i> Ability to buy crypto with fiat<\/li>\n
- <\/i> 24\/7 customer support<\/li>\n
- <\/i> No forced Know Your Customer (KYC) checks<\/li>\n
- <\/i> Ability to stake and earn crypto yields<\/li>\n<\/ul>\n<\/div><\/div><\/div>
\n\n- \n
- <\/i> Complicated interface for newbies<\/li>\n
- <\/i> No bank deposits<\/li>\n
- <\/i> No fiat trading pairs<\/li>\n<\/ul>\n
<\/p><\/div><\/div><\/div><\/div>\n
2 – Coinbase <\/strong><\/h2>\n
<\/a>Coinbase was founded in San Francisco, and it’s considered one of the largest cryptocurrency trading platforms in terms of user numbers. Coinbase was the first major cryptocurrency exchange to go public in the United States, debuting on the Nasdaq in April at $381, giving the cryptocurrency exchange a fully diluted market value of $99.6 billion.<\/p>\nCoinbase enables you to buy and sell cryptocurrencies such as Bitcoin<\/a>, Ethereum, Litecoin, and more than 50 others. It can also be used to convert one cryptocurrency to another and to send and receive cryptocurrency. Coinbase, similar to stock trading apps, displays the current price and trends for cryptocurrencies, as well as a view of your portfolio and industry news. For trading, use the Coinbase Pro exchange, which has lower fees than the main Coinbase site, which is more of a broker.<\/p>\n
You can set your own limits or market orders for Uniswap on the Coinbase Pro exchange. The maker \/ taker fee is 0.5 percent until you trade over $10,000 in volume in 30 days, at which point it drops to 0.35 percent. If your 30-day volume exceeds $300 million, maker fees (for limit orders) are waived for free crypto trading.<\/p>\n
Pros & Cons of the Coinbase<\/strong> <\/span>platform:<\/h3>\n
\n\n- \n
- <\/i> Trade against the US Dollar, GBP or EUR rather than USDT<\/li>\n
- <\/i> Well-known and trusted by US regulators<\/li>\n
- <\/i> Instant deposits and withdrawals to \/ from bank account<\/li>\n
- <\/i> Remember to use Coinbase Pro for lower fees<\/li>\n<\/ul>\n<\/div><\/div><\/div>
\n\n- \n
- <\/i> Higher<\/span> maker \/ taker fee than Binance unless your trading volume is very high<\/span><\/li>\n
- <\/i> Coinbase Pro website is slow and lacks chart indicators<\/li>\n
- <\/i> Less customer support<\/li>\n<\/ul>\n
<\/p><\/div><\/div><\/div><\/div>\n
3 – Bitfinex<\/strong><\/h2>\n
<\/a>Bitfinex is a popular cryptocurrency exchange that allows users to buy, sell, and trade a wide range of digital coins. The platform, which is based in Hong Kong, was founded in 2012.<\/span><\/p>\nIntermediate and pro traders are the most likely to use Bitfinex’s trading area because it offers a good selection of chart analysis tools.<\/span><\/p>\n
Aside from cryptocurrencies, the only payment method accepted for depositing and withdrawing funds is a wire transfer. Bitfinex, like Coinbase, is one of the few platforms that permit you to short cryptocurrencies and employ leverage trading strategies.<\/span><\/p>\n
Founders –<\/strong> Bitfinex began in December 2012 as a peer-to-peer Bitcoin exchange, offering digital asset trading services to consumers worldwide. <\/span>Giancarlo Devasini has served as Bitfinex’s CFO since 2013 and has been instrumental in the company’s growth. Giancarlo Devasini began his career as a physician, graduating from Milan University with a Doctor of Medicine degree in the year 1990.<\/span><\/p>\n
Bitfinex – Is it regulated?<\/strong><\/h3>\n
Bitfinex Securities Ltd., a supplier of blockchain-based investment products, has opened its regulated investment exchange (Bitfinex Securities) in the AIFC, with the goal of improving members’ access to a diverse range of financial products. As a result, Bitfinex is not regulated in any way. Whereas, the company’s headquarter is in Hong Kong and registered in the British Virgin Islands.<\/span><\/p>\n
Fees and deposit limits – <\/span><\/strong>Bitfinex charges a 0.1 percent fee for bank transfer deposits. If you deposit $10,000, for example, you will be charged a fee of $10. If you deposit with cryptocurrency, you will be charged a small fee that is determined by the coin you use to fund your account.<\/span><\/p>\n
Withdrawal fees –<\/span><\/strong> Bitfinex charges a 0.1 percent fee for bank transfer withdrawals. You can pay a 1% expedited fee if you need funds within 24 hours. Alternatively, bitcoin withdrawal fees vary depending on the coin.<\/span><\/p>\n
Bitfinex listed Uniswap (UNI) back on September 18, 2020 and enabled trading against US Dollars (UNI\/USD) and Tether (UNI\/USDt).<\/p>\n
Pros & Cons of the Bitfinex platform:<\/h3>\n
\n\n- \n
- <\/i> Established since 2012.<\/span><\/li>\n
- <\/i> \n
Suitable <\/span><\/span>for <\/span><\/span>experienced <\/span>traders.<\/span><\/span><\/div>\n<\/li>\n- <\/i> \n
<\/span>Over <\/span><\/span>100 <\/span><\/span>coins <\/span><\/span>are <\/span><\/span>supported.<\/span><\/span><\/div>\n<\/li>\n- <\/i> \n
Bank <\/span>wire <\/span><\/span>deposits <\/span>and <\/span>withdrawals <\/span><\/span>are <\/span><\/span>accepted.<\/span><\/span><\/div>\n<\/li>\n<\/ul>\n<\/div><\/div><\/div>\n\n- \n
- <\/i> \nThere <\/span>is <\/span>no <\/span><\/span>regulation.<\/span><\/span><\/div>\n<\/li>\n
- <\/i> \n
<\/span>US <\/span><\/span>citizens <\/span><\/span>are <\/span>not <\/span><\/span>accepted.<\/span><\/span><\/div>\n<\/li>\n- <\/i> \n
<\/span>Expensive <\/span><\/span>trading <\/span><\/span>fees<\/span><\/span><\/div>\n<\/li>\n- <\/i> Hacked on more than one occasion<\/li>\n
- <\/i> Support team only available via email<\/li>\n<\/ul>\n
<\/p><\/div><\/div><\/div><\/div>\n
4- Binance<\/h2>\n
- <\/i> \n
- <\/i> \n
- <\/i> Coinbase Pro website is slow and lacks chart indicators<\/li>\n
- <\/i> Well-known and trusted by US regulators<\/li>\n
- <\/i> No bank deposits<\/li>\n
- <\/i> Low trading and withdrawal fees<\/li>\n
- <\/i> User-friendly exchange<\/li>\n
How to Buy Uniswap<\/h2>\n\n\n
- \n
![\"Binance\"](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/11\/binance-signup.svg\")
<\/a>Binance is one of the largest cryptocurrency exchanges in terms of daily transaction volume, with over $20 billion in transactions per day.<\/p>\n![\"\"](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/11\/bybit-signup.png\")
<\/a>Bybit is a new peer-to-peer (P2P) cryptocurrency derivatives exchange looking to establish itself in the burgeoning crypto margin\/leverage trading market. Even though it was founded in March 2018, Bybit quickly became popular among the cryptocurrency trading community and onboarding customers rapidly.<\/p>\n