UNI, Uniswap's platform token
05 Feb, 2023
About Uniswap (UNI)
UNI is Uniswap's token, a platform that offers liquidity to Automated Market Makers (AMM). There it's possible to automate and facilitate the exchange of ERC-20-type tokens, based on the Et...
What's Uniswap, UNI's price and how to buy it
What is Uniswap?
Uniswap is a Decentralized Exchange (DEX) that facilitates ERC-20 token exchanges. Based on the Ethereum network, Uniswap works through Automated Market Makers (AMM). That is, the assets' prices are automatically determined by the amount of money available and the demand. At Uniswap, this market is made up of several ERC-20 tokens based on the Ethereum network.
What is the price of the UNI token?
UNI is the utility and governance token of the Uniswap ecosystem. Within the platform, it is possible to acquire other tokens and receive rewards for providing liquidity to network transactions. The maximum supply of UNI tokens that will be minted is 1 billion. At the moment there are around 720 million units, which corresponds to 72% of the total number of UNIs that will be minted. In June 2022, each UNI costed about 5.20 USD.
How to buy UNI?
To buy UNI and many other assets in a quick, convenient and safe way, simply download the Bitso app or access our website. To buy, you only need to make a deposit and then convert the amount to UNI or any other asset you want. And if you have any questions, you can always count on our Help Center for support!