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 | 92% | 9 | $37 728.33 | -0.28% | 1.52% | $737 856 932 993 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 80% | 36 | $2 038.68 | 0.16% | -0.93% | $245 131 600 170 |  |
|
| 3 |  USDT |
Tether predictions | 92.4% | 1 | $1.000220 | 0% | 0.01% | $89 301 326 887 |  |
|
| 4 |  BNB |
Binance Coin predictions | 84% | 28 | $227.46 | -0.15% | -1.99% | $34 505 061 094 |  |
|
| 5 |  XRP |
XRP predictions | 82.8% | 34 | $0.602825 | -0.99% | -2.49% | $32 485 422 695 |  |
|
| 6 |  SOL |
Solana predictions | 62.8% | 85 | $59.29 | -1.23% | 4.44% | $25 137 174 902 |  |
|
| 7 |  USDC |
USD Coin predictions | 93.2% | 1 | $0.999963 | 0% | -0.01% | $24 401 486 928 |  |
|
| 8 |  ADA |
Cardano predictions | 72.4% | 52 | $0.375998 | -2.65% | -1.88% | $13 274 525 826 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 76% | 43 | $0.083756 | 3.15% | 10.53% | $11 897 079 788 |  |
|
| 10 |  STETH |
Lido stETH predictions | 91.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 11 |  TRX |
TRON predictions | 82.8% | 23 | $0.103586 | -0.21% | 1.87% | $9 171 440 677 |  |
|
| 12 |  WTRX |
Wrapped TRON predictions | 86% | 26 | $0.102132 | -0.99% | 0.74% | $9 042 876 827 |  |
|
| 13 |  TON |
Toncoin predictions | 82% | 29 | $2.41 | -0.17% | 0.51% | $8 280 016 543 |  |
|
| 14 |  LINK |
Chainlink predictions | 71.6% | 61 | $14.43 | -1.45% | -0.43% | $8 036 201 443 |  |
|
| 15 |  AVAX |
Avalanche predictions | 60.4% | 89 | $21.02 | -0.56% | 1.31% | $7 673 673 520 |  |
