Uniswap has added the option to purchase cryptocurrencies using the Robinhood Connect on-ramp solution. The DEX platform reports this on its X:
“We're teaming up with Robinhood to make it easier to buy cryptocurrency 👀
You can now buy cryptocurrency using a debit card, bank transfer, or directly from your Robinhood balance on the Uniswap mobile app.
Robinhood sends users $10 per try."
Judging by the announcement, the option is not available in all countries. Interestingly, the news of#Uniswapand #Robinhood's partnership comes amid the US SEC's legal attack on Uniswap. Robinhood wasn't bothered by this.
For the market, the news is strategically positive - the easier it is for people to add liquidity to the market, the better it is for the market.