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 | 90.8% | 10 | $26 909.29 | -0.86% | 2.64% | $521 762 781 363 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 94% | 5 | $1 860.75 | -0.46% | 4.26% | $223 747 212 959 |  |
|
| 3 |  USDT |
Tether predictions | 95.2% | 1 | $1.000420 | 0.02% | 0.05% | $83 257 322 855 |  |
|
| 4 |  BNB |
Binance Coin predictions | 91.2% | 1 | $304.46 | -0.81% | -0.21% | $47 452 043 680 |  |
|
| 5 |  USDC |
USD Coin predictions | 92.4% | 1 | $1.000252 | 0.04% | 0.02% | $28 886 516 964 |  |
|
| 6 |  XRP |
XRP predictions | 82% | 37 | $0.504162 | 0.03% | 12.53% | $26 208 072 378 |  |
|
| 7 |  ADA |
Cardano predictions | 87.6% | 10 | $0.363100 | -3.09% | 1.49% | $12 666 261 005 |  |
|
| 8 |  STETH |
Lido stETH predictions | 92.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 86.8% | 17 | $0.071627 | 0.22% | 1.85% | $9 998 019 293 |  |
|
| 10 |  MATIC |
Polygon predictions | 80.4% | 35 | $0.892154 | 0.39% | 1.50% | $8 278 715 292 |  |
|
| 11 |  SOL |
Solana predictions | 84.8% | 29 | $20.65 | -0.37% | 7.13% | $8 189 640 134 |  |
|
| 12 |  WTRX |
Wrapped TRON predictions | 78.8% | 37 | $0.074779 | -0.81% | -3.05% | $7 603 269 311 |  |
|
| 13 |  LTC |
Litecoin predictions | 78.4% | 37 | $92.96 | 3.94% | 10.15% | $6 790 470 965 |  |
|
| 14 |  TRX |
TRON predictions | 79.6% | 35 | $0.074543 | -1.38% | -3.19% | $6 725 556 753 |  |
|
| 15 |  DOT |
Polkadot predictions | 92% | 10 | $5.23 | -1.79% | -0.56% | $6 222 851 370 |  |
