- Uniswap partnered with Robinhood, MoonPay, and Transak to facilitate crypto-to-fiat transactions to users.
- Users can access these services on Uniswap wallet through Android and iOS mobile apps.
Uniswap is one of the largest and first-ever Ethereum-based decentralized exchanges. To offer more simplified transactional services, Uniswap recently partnered with Robinhood, MoonPay, and Transak. The DeFi platform is now making crypto-to-fiat transactions available to users.
In its recent announcement made on its official X account, Uniswap Labs revealed that users can now access fiat offramps. The crypto-to-fiat transactions facility went live on Uniswap yesterday. Users will now be able to move their funds between crypto and cash without any complications.
Uniswap Partners with Robinhood, MoonPay, and Transak
Uniswap partnered with some of the top crypto firms such as Robinhood, MoonPay, and Transal to enable crypto-to-fiat transactions. In its short tutorial posted on X, the DeFi platform listed these firms to complete fiat offramping.
Users can choose MoonPay on Uniswap wallet and transact their funds through debit card, Apple Pay, and ACH. On the other hand, Robinhood and Transak allow only Debit card and ACH transaction methods. Thus, Uniswap made it simple and seamless to withdraw funds into users’ bank accounts.
Being one of the largest DeFi platforms, Uniswap caters to millions of users in the crypto industry. Its Uniswap Wallet previously entered the top 75 finance applications in the US in 2023. Uniswap is even called “The King of the DeFi Degens,” being the pioneering decentralized finance application built on Ethereum.
Meanwhile, Uniswap’s native UNI token price dropped by 15% in the last 24 hours. The Uniswap wallet’s recent announcement seems to have no impact on UNI market price. Furthermore, Bitcoin falling below $80,000 is spreading strong bearish sentiment across the crypto market.
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