
Uniswap: Another Cryptocurrency on Binaryx
The Binaryx team presents a new cryptocurrency – Uniswap. You can buy it on Binaryx for fiat or other digital assets, work with it on the terminal and use it for trading.
Uniswap Cryptocurrency Key Indicators
Total market capitalization | Year of release | Volume over the last 24 hours | Circulating offer |
$15,648,668,433 | 2020 | $1,128,985,338 | 565,684,970.99 UNI |
* Key indicators as of May 28, 2021.
Website: https://uniswap.org/
Whitepaper: Click to view
What is Uniswap Cryptocurrency?
The Uniswap cryptocurrency, which is based on ERC-20 standard, was released in 2020 on the Ethereum blockchain. This automated protocol is used to provide cryptocurrency exchange liquidity, i.e., it’s a GPL-licensed cryptocurrency software with an open source code. The Uniswap system is based on the smart contract principle – a kind of template that influences the formation of liquidity markets and pools. It does not support an order book, centralized intermediaries and other components that restrict the use of cryptocurrency.
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Risk statement
Working with financial instruments, including cryptocurrencies, involves a certain level of risk for an investor, therefore it is not suitable for all users. Before investing in any cryptocurrency, it is required to self-assess the risks, analyze the rate volatility and take into account the opinions of experts in order to critically evaluate the possible profit and loss in case of failure. Binaryx Exchange shall not be responsible for any financial losses when investing in Uniswap cryptocurrency or other digital assets presented in the listing. We also recommend taking a course at Binaryx Academy.