How to Buy Uniswap (UNI) - A Step-by-Step Guide

It doesn't matter if you are in Toronto, Montreal, Calgary, or anywhere in between, Ndax gives you all the tools and support to buy and sell Uniswap in Canada.

Why buy UNI?

Uniswap is a decentralized exchange that allows participants to buy and sell cryptocurrencies without oversight from a central operator. Those who contribute to Uniswaps’ liquidity pools, where users can place orders, are rewarded with UNI and a portion of the trading fees.

Besides earning UNI, the token can be purchased so that anyone who owns it can participate in the governance of Uniswap and vote on future improvements and developments.

As the platform grows and the number of new users and trading volume increases, investors are buying and holding UNI as a long-term investment. Investors may also purchase UNI to increase their exposure to projects built on the Ethereum blockchain, as Uniswap is one of the most popular Ethereum Dapps in use today.

How to purchase UNI on Ndax

  1. Sign up or create an account: Get instantly verified with Ndax's streamlined verification process.
  2. Fund your account with Canadian dollars: You have the option to fund your account with fiat currencies using Interac e-transfer, Wire Transfer, or a Bank Draft.
  3. Invest in UNI: UNI is highly divisible, so you can buy small amounts to get started. Trade CAD to UNI with as little as $1 and with low trading fees of 0.2%.

Storing your Uniswap

After investing in Uniswap, the next step is to store your Uniswap in a secure cryptocurrency wallet. Depending on your own needs, investment amount, and preferences, you can keep your Uniswap on a trading platform, a physical hardware wallet, or a software wallet.

You are free to transfer your Uniswap to a private wallet from Ndax. However, if you decide to store your Uniswap in your Ndax wallet, we have all the security measures in place to keep your Uniswap safe and secure.

LEARN MORE

What can you do with Uniswap?

  • Pay for Goods and Services: Online stores, merchants, restaurants, and retail environments continue to adopt UNI and other cryptocurrencies as a means of payment.
  • Invest and Trade: On our trading platform, UNI can be traded directly with the Canadian dollar. You can also easily view and track your trading activity, performance, growth, and profits.
  • Use as a Store of Value: Investors are using UNI as a store of value.

Why buy UNI on Ndax?

  • We take the fear out of trading: Ndax’s security standards are among the highest in the Canadian FinTech industry. Ndax holds the majority of digital assets offline in cold storage protected by multi-signature technology, provided by Ledger Vault, the global leader in security and infrastructure solutions for cryptocurrencies. Hot wallets are protected by Multi-Party Computation (MPC) technology recognized by industry experts.
  • Grow your portfolio with Ndax’s recurring purchase feature: Set Uniswap recurring purchases to automatically buy UNI to CAD each day, week, or month. Set regular purchases as low as $10.

Download the Ndax mobile app

Download the Ndax mobile app to fund your account and start trading on-the-go from any iOS or Android device.

Download Ndax mobile app:

Google Play

App Store

Gain control of your UNI investments with advanced trading options

The cryptocurrency market is volatile. Avoid missing out on trades by using Ndax’s unique trading options:

  • Limit Order: Buy or sell orders executed at a specific price.
  • Stop order: Order to buy or sell once a cryptocurrency reaches a specific price point.
  • Trailing stop market order: An order that can be set at a specific dollar amount away from a cryptocurrency’s last price, bid, or ask.
  • Trailing stop limit order: Limit buy or sell orders triggered once a cryptocurrency touches a trailing amount set by the user.
  • Fill or kill (FOK) order: Trade that executes immediately and entirely at a certain price, but if it cannot fill the entire order immediately, it will be canceled entirely.
  • Immediate or cancel order (IOC): Trade that executes immediately and cancels any unfilled portions of the order.
  • Reserve order (Iceberg Order): A large trade is divided into multiple limit orders. The orders are split into visible and concealed amounts.

LEARN MORE

Are you ready to start trading UNI

Start trading on Ndax today. Experience seamless transactions, top-notch security, and unparalleled support.

START NOW


Don't forget to follow us on social media for more updates and join the conversation on our forums.

Disclaimer: This article is not intended to provide investment, legal, accounting, tax or any other advice and should not be relied on in that or any other regard. The information contained herein is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of cryptocurrencies or otherwise.