Uniswap will allow users to pay for cryptocurrency with bank cards

Decentralized cryptocurrency exchange Uniswap has partnered with fintech company Moonpay to enable users to buy digital assets on the mobile app using debit and credit cards, as well as bank transfers.. The feature will be available to customers in the UK, US, Brazil and the Single Euro Payments Area (SEPA). Users will be able to convert fiat to cryptocurrencies in this way in four networks: Polygon, Ethereum, Artibrum and Optimism. For now, the feature will support ETH, DAI, USD Coin, Tether (USDT), wBTC, and wETH, depending on the specific region the user is in. The Uniswap team clarified that the introduction of decentralized finance (DeFi) functionality to the platform was not without difficulties, as most users still find centralized crypto exchanges (CEX) more convenient, despite the risks.. However, the company hopes that the initiative will attract more users due to low fees and fast transaction processing. The situation for Uniswap is brightened up by recent events in the industry – such a large crypto exchange as FTX went bankrupt, and users have somewhat lost confidence in centralized platforms. Uniswap's innovation will allow them to feel the same comfort as at CEX, representatives of the trading platform expect. Earlier, the crypto exchange announced the launch of trading in non-fungible tokens based on the Genie NFT aggregator.. Uniswap said they want to close the gap between crypto exchanges and NFT trading platforms.