Uniswap (UNI), a prominent decentralized finance (DeFi) platform, recently partnered with MoonPay to enable users to purchase cryptocurrency using Venmo. This integration, announced by Uniswap Protocol, brings greater accessibility and flexibility to DeFi for those seeking to engage with various elements.
The collaboration between Uniswap and MoonPay offers an innovative feature that removes the barrier of using credit card details and bank transfers. As a result, users can execute rapid transactions with the support of their Venmo account, expanding the total range of available payment methods. Furthermore, this integration allows users to self-custody their funds, enabling more control and greater transparency.
To purchase cryptocurrency using Venmo, users need only follow these steps:
1. Access Uniswap’s Web or Wallet platform. 2. Select the “Buy” icon. 3. Input the desired token and specify the purchase amount. 4. Choose MoonPay as the payment provider and add Venmo as the chosen method. 5. Confirm the transaction on Venmo.
With this streamlined process, users can quickly engage with cryptocurrency and DeFi without relying on conventional banking systems.
Uniswap’s continued commitment to expanding its network of fiat onramp providers substantiates its dedication to versatile and user-friendly solutions for both cryptocurrency enthusiasts and newcomers. For further information on how to leverage this new feature, users are encouraged to visit Uniswap’s official platforms. [Image Source: Shutterstock](link)
<p>The post Uniswap Partners with MoonPay: Venmo Integration Facilitates Bankless Crypto Purchases first appeared on CoinBuzzFeed.</p>
