Uniswap to allow users to buy cryptocurrency using debit and credit cards
Users of the decentralized exchange will also be able to use bank transfers to purchase crypto. Decentralized exchange Uniswap has partnered with fintech company Moonpay to allow users to buy cryptocurrency on its web app using debit cards, credit cards, and bank transfers. The bank transfer option is being rolled out for users within most U.S. states, Brazil, the United Kingdom and the Single Euro Payments Area, also known as SEPA.
In the announcement made on Dec. 20, Uniswap shared that its users will now be able to convert fiat to cryptocurrency on the Ethereum mainnet, Polygon, Optimism, and Artibrum in a matter of minutes.
According to Uniswap, decentralized exchanges (DEX) are a much safer option than centralized exchanges (CEX) because of their built-in user protection, self-custodial wallets, permissionless, immutable protocols and transparent public ledger. Initially, Uniswap will support Dai, Ether, USD Coin, Tether, Wrapped Bitcoin (wBTC), and Wrapped Ether (wETH), depending on the user's region.
The company shared that the decentralized finance (DeFi) onboarding experience has been a major hurdle to adoption, as CEXs are seen as more convenient by users despite associated risks. Uniswap hopes its latest rollout will improve the onboarding process with its “no spread fees on USDC, lowest processing fees in the market, and instant access.”
Uniswap's announcement comes at a time when several centralized crypto platforms have collapsed, the latest being FTX. On Nov. 22, Cointelegraph reported that Uniswap received backlash from some members of the community for updating its privacy policy to include the collection and storage of user data, which for many goes against crypto’s core values. The privacy policy, updated on Nov. 17, revealed that the exchange will collect publicly available blockchain data, information about user devices such as browser information and operating systems, as well as information on users’ interactions with its service providers.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 81.6% | 29 | $62 880.79 | -0.34% | 4.85% | $1 242 317 669 377 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 77.2% | 43 | $2 543.89 | 3.03% | 4.87% | $306 147 363 657 |  |
|
| 3 |  USDT |
Tether predictions | 96% | 1 | $1.000208 | 0% | -0.04% | $119 097 562 039 |  |
|
| 4 |  BNB |
Binance Coin predictions | 80.4% | 37 | $567.47 | 0.01% | 2.22% | $82 812 786 289 |  |
|
| 5 |  SOL |
Solana predictions | 76.4% | 39 | $146.96 | 2.26% | 6.18% | $68 847 921 811 |  |
|
| 6 |  USDC |
USD Coin predictions | 95.6% | 1 | $1.000133 | 0.02% | 0% | $35 787 446 042 |  |
|
| 7 |  XRP |
XRP predictions | 78% | 36 | $0.585409 | -1.23% | 2.58% | $33 037 282 339 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 84% | 30 | $0.105230 | -0.83% | -1.93% | $15 367 655 262 |  |
|
| 9 |  TON |
Toncoin predictions | 78.8% | 44 | $5.60 | -2.18% | -3.72% | $14 181 556 392 |  |
|
| 10 |  TRX |
TRON predictions | 88.8% | 8 | $0.151989 | 0.52% | 2.08% | $13 172 859 955 |  |
|
| 11 |  ADA |
Cardano predictions | 78% | 41 | $0.351275 | -0.56% | -2.33% | $12 632 078 921 |  |
|
| 12 |  AVAX |
Avalanche predictions | 74% | 45 | $27.30 | 2.88% | 10.29% | $11 081 593 423 |  |
|
| 13 |  STETH |
Lido stETH predictions | 92.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 14 |  WTRX |
Wrapped TRON predictions | 95.6% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |  |
|
| 15 |  WBTC |
Wrapped Bitcoin predictions | 90.8% | 1 | $65 806.83 | 0.78% | -2.68% | $10 083 957 608 |  |
