Starting today, the Blockchain.com Exchange will support depositing, trading, and withdrawal of USD Coin (USDC) and Uniswap (UNI).
USDC is issued by regulated financial institutions, backed by fully reserved assets, and redeemable on a 1:1 basis for US dollars. With USDC, Exchange users now have a third low volatility cryptocurrency option, in addition to USDT and PAX USD.
UNI is the native governance token for the Uniswap platform, a blockchain protocol that uses automated market makers and liquidity pools to facilitate peer-to-peer trading. UNI has seen remarkable growth over the past year, which is why we’re pleased to provide UNI trading access to Exchange users.
Upon launch, trading pairs will include USDC-USD, USDC-EUR, USDC-GBP, USDC-USDT, UNI-USD, UNI-USDC, and UNI-USDT.
New to exchanges and want to test the waters?
Purchase these tokens in GBP, EUR, and USD today through Simple Trade, our easy to use feature that makes crypto trading, well, simple.
To get started, log into the Exchange, add funds, and start trading.
About USD Coin (USDC)
USD Coin (USDC) is fiat-collateralized stablecoin that offers the advantages of transacting with blockchain-based assets while mitigating price risk. Each USDC is issued as an ERC-20 token on the Ethereum blockchain and is 100% collateralized by a corresponding USD held in accounts subject to regular public reporting of reserves. (Messari)
About Uniswap (UNI)
Uniswap is a decentralized exchange built on Ethereum that utilizes an automated market making system rather than a traditional order-book. Instead of matching individual buy and sell orders, users can pool together two assets that are then traded against, with the price determined based on the ratio between the two. (Messari)
Digital asset markets are unregulated and not currently governed by any specific UK, European or US regulatory framework. Digital currencies are not bank deposits, are not legal tender, and are not backed by the government. Blockchain Access UK Ltd’s products and services are not within the jurisdiction of the UK Financial Ombudsman Scheme, nor are they subject to the UK Financial Services Compensation Scheme, the US Federal Deposit Insurance Corporation or Securities Investor Protection Corporation, or any other non-UK or non-US governmental or government-backed protections.
Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.
Now available on Blockchain.com: USD Coin (USDC) and Uniswap (UNI) was originally published in @blockchain on Medium, where people are continuing the conversation by highlighting and responding to this story.