Uniswap (UNI), the leading decentralized exchange (DEX) on Ethereum and EVM chains, announced on Monday that its users can now utilize Robinhood Connect.
Uniswap (UNI), the leading decentralized exchange (DEX) on Ethereum and EVM chains, announced on Monday that its users can now utilize Robinhood Connect to buy cryptocurrencies directly through the Uniswap mobile app. Robinhood Connect joins Coinbase Pay and Moonpay as one of the three providers enabling crypto purchases on the Uniswap protocol.
Through the integration, Uniswap users can fund their cryptocurrency purchases using funds from Robinhood, a debit card, or through bank transfers. As an incentive for first-time Robinhood Connect users on the Uniswap app, individuals who purchase at least $10 worth of cryptocurrencies will receive $10 worth of USDC (USD Coin) in their Robinhood account.
This integration comes shortly after Robinhood Connect was launched on the hotwallet application MetaMask, demonstrating Robinhood's increasing focus on expanding its Connect service for crypto traders. Robinhood, known primarily as a trading platform, has been actively deepening its involvement in the cryptocurrency market. Just last week, Robinhood listed four new cryptocurrency tokens for users in New York.
Uniswap, known for its decentralized nature and user-friendly interface, continues to enhance its platform by integrating with popular services to provide a seamless experience for its users. By partnering with Robinhood Connect, Uniswap aims to provide its users with additional options and convenience when purchasing cryptocurrencies. The integration of Robinhood Connect on the Uniswap platform reflects the growing trend of bridging traditional finance with the world of decentralized finance (DeFi).
This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators.
This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice.
The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap.
