Cointime

Download App
iOS & Android

Uniswap to Allow Users to Buy Cryptocurrency Using Debit and Credit Cards

Cointime staff: 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 Single European Payments Arena, also known as SEPA.

Buy crypto with your card or bank account

Starting today, you can purchase crypto on the Uniswap Web App using a credit card, debit card or bank transfer at the best rates in web3. Convert from fiat to crypto onto Ethereum mainnet, Polygon, Optimism, and Arbitrum, and start swapping in minutes!

Direct to DeFi

Decentralized exchanges (DEXs) are the safest way to trade digital assets compared to their centralized counterparts. With self-custodial wallets, permissionless and immutable protocols, and a transparent public ledger, DEXs have built-in user protections. However, a major barrier to DeFi adoption has been the onboarding experience, compelling users to store their CEXs for convenience, despite the risks.

Now you can go direct to DeFi with the Uniswap Web App and buy crypto on our web app using any card or bank transfer in 160+ countries with our first partner, MoonPay. We're bringing you the best fiat on-ramp experience - no spread fees on USDC, the lowest processing fees in the market, and instant access!

To purchase

  • Connect your wallet to the Uniswap Web App
  • Click the wallet dropdown
  • Buy crypto and use it instantly!

What payment methods are supported?

Major payment methods like cards and bank transfers are supported. This will vary depending on the region. Bank transfers are only available for most of the US, Brazil, SEPA, and the UK. See the MoonPay Help Center for more information on supported payment methods and fiat currencies.

What tokens are supported?

At launch, we will support DAI, ETH, MATIC, USDC, USDT, WBTC, and WETH. However, this does depend on the region. For example, US users cannot purchase WETH or WBTC. See the MoonPay Help Center for further details.

What chains are supported?

You can purchase crypto and send to any wallet on Ethereum mainnet, Polygon, Optimism, and Arbitrum.

Do I need to verify my identity with MoonPay?

To purchase crypto with a card or bank account, you will need to observe MoonPay's KYC/AML policy. You do not need to verify your identity to use the Uniswap Protocol, only when purchasing crypto through MoonPay. MoonPay does not share customer data with Uniswap Labs. Uniswap Labs does not collect and store financial data such as credit card, debit card, and bank information, or personal data, such as first name, last name, street address, date of birth, email address, and IP address.

What are the fees?

We have some of the lowest in the entire market:

  • No Minimum Fee - Payment processors often charge a minimum fee regardless of purchase size. Our minimum fees are zero!
  • No Spread on USDC - Payment processors quote a slightly higher token price than the market rate. This fee is called a "spread" and contributes to their margins. We have zero spread for USDC purchases!
  • Low spread and processing fees - We've also negotiated low spread and processing fees on all supported currencies.

How much crypto can I buy?

Minimum - Many supported cryptocurrencies have a minimum purchase size of 15 USD or equivalent in most local currencies. ETH, USDC, USDT, and DAI have variable minimum purchase sizes based on market conditions.

Maximum - Buy limits depend on which cryptocurrency you buy and which fiat currency you use. Notably, USDC has an upper limit of 10,000 on Arbitrum and Optimism while popular fiat currencies are capped at USD at 12,000, GBP at 9,000, EUR at 10,000, and CAD at 16,000.

Your payment provider may put further limitations on your purchase size. We recommend either bank transfer or debit cards. Note that minimum and maximum purchase sizes may change as per MoonPay's policies.

When will the purchased crypto arrive in my wallet?

Your purchases will be available in your wallet within minutes, though the exact payment  method will determine the transfer time. Read more on the MoonPay Help Center.

Can I send crypto back into my bank account?

Not yet. We're working to integrate an off-ramp. Today, you can sell using MoonPay's website or any other off-ramp platform.

Can I buy NFTs with fiat?

Not directly. You can buy ETH through MoonPay from the Uniswap Web App. You can use this ETH to purchase NFTs on the Uniswap Web App.

Comments

All Comments

Recommended for you

  • Cointime May 5th News Express

    1.The Federal Reserve reduced its balance sheet by $77 billion in April, and the size of its balance sheet fell below $7.4 trillion2.Former Bitmex CEO: Bitcoin will trade between $60,000 and $70,000 before August 3.SLERF total destruction exceeds 7 million USD4.ether.fi large staker initiates pledge withdrawal application for 37,140 ETH5.Web3 digital asset company Alpha Transform Holdings makes strategic investments in Arhasi and Cloudbench 6.A trader spent 402 ETH to buy 732,326 FRIEND, with an unrealized profit of $653,0007.A certain address has sold a total of 677,197 FRIEND airdrops through BunnySwap, making a profit of approximately $1.15 million8.A multi-signature wallet withdrew 915.85 billion PEPE from Binance9.The NFT project Blob team engraved the rune EPIC•EPIC•EPIC•EPIC on the Epic Satoshi block of Bitcoin’s fourth halving10.On-Chain Analyst Predicts Six to Twelve Months of 'Parabolic Advance' for Bitcoin

  • Cointime May 4th News Express

    1. Hong Kong Bitcoin Spot ETF has held 4,218 BTC since its listing three days ago

  • Blockchain Asset Management announces launch of a dedicated blockchain fund for accredited investors

    Blockchain Asset Management, a cryptocurrency fund with a scale of $100 million, announced the launch of an exclusive blockchain fund for qualified investors. The specific amount of funds raised by the fund has not been disclosed yet, but it is said to have reached "eight figures", which means it is in the tens of millions of dollars. In addition, the investment threshold for the new fund is $100,000, and all investors are required to meet the approved standards (annual income exceeding $200,000, net assets exceeding $1 million).

  • Renault's BWT Alpine F1 Team announces partnership with ApeCoinDAO

    The BWT Alpine F1 team under Renault announced a partnership with ApeCoinDAO on X platform, which will introduce APE into the Alpine F1 ecosystem and collaborate with global token holders to launch peripheral products and digital assets inspired by the first ApeCoin. It is reported that according to the cooperation between the two parties, in the future, BAYC NFTs may be able to wear equipment and clothing with the Alpine team logo.

  • BTC breaks through $63,000

    The market shows BTC has broken through $63,000 and is currently trading at $63,014.9, with a daily increase of 6.11%. The market is volatile, so please exercise caution in risk management.

  • The total gas consumption on the Base chain exceeds 10,000 ETH

    According to the blockchain analysis platform Dune Analytics, the total gas consumption on the Base chain has exceeded 10,000 ETH, reaching 10,839.5062 ETH at the time of writing (equivalent to over $33.6 million at current prices). The average gas usage amount is about $0.1754 per transaction (0.000059661 ETH), and the total number of blocks has reached 13.41 million, with an average transaction volume of about 14.63 transactions per block. In addition, the data shows that the total transaction volume on the Base chain has exceeded 196.2 million, with over 8.366 million users and over 184 million user transactions at the time of writing. Furthermore, the total number of contracts created on the Base chain has exceeded 64 million, reaching 64,056,573 in the current period.

  • A wallet received 2,000 ETH from Alemeda/FTX

    As monitored by The Data Nerd, 6 hours ago, wallet 0xaEa received 2,000 ETH (approximately $6.23 million) from Alemeda/FTX. Within a week, it received a total of 8,000 ETH (approximately $24.71 million) from Alameda and deposited 6,000 ETH into Binance.

  • A single transaction with a transaction fee of up to 1.5 BTC appeared on the Bitcoin chain

    According to on-chain data tracking service monitoring , there has been a single transaction on the Bitcoin network with a transaction fee as high as 1.5 BTC, worth about $100,254. It is reported that the sender of the transaction is an address starting with "bc1p4n" and the recipient is an address starting with "bc1pqv".

  • 2 wallets deposited 211 billion SHIB into Coinbase within 10 hours

    According to The Data Nerd's monitoring, within 10 hours, 2 wallets (with the same amount of SHIB) deposited a total of 211 billion SHIB (about 5.16 million US dollars) into Coinbase. These wallets accumulated these SHIBs last week, and if sold at the current price, it would cause a small loss (about 120,000 US dollars).

  • Market News: South Africa authorizes 75 companies as cryptocurrency service providers

    According to Jinshi news, South Africa has authorized 75 companies as cryptocurrency service providers.