Advertisement
AD

Main navigation

Bitfinex Lists Uniswap (UNI), Trading Against Crypto and Fiat About to Start

Advertisement
Sat, 19/09/2020 - 10:02
Bitfinex Lists Uniswap (UNI), Trading Against Crypto and Fiat About to Start
Cover image via stock.adobe.com
Read U.TODAY on
Google News
Contents
Advertisement

Bitfinex has announced the listing of the UNI token launched by Uniswap Ethereum-based DEX.

UNI
Image via Twitter

Bitfinex adds support for UNI

Deposits are already enabled but as for trading and withdrawing UNI, it will be available at 8:00 a.m. UTC.

The UNI governance token will be available to trade against USD and Tether’s USDT stablecoin.

At present, TradingView shows seven crypto exchanges that have listed UNI – Binance, KuCoin, OKEx, Poloniex, Huobi and FTX.

Related
Ethereum Supply in Smart Contracts Surpasses That on Exchanges: Glassnode

UNI launch pushes ETH miner fees high

On Friday, UNI lost 25 percent of its value but at the time of writing, UNI has shown a tiny rise, trading at $6.8642 against USDT. Binance added UNI two days ago.

The UNI launch provoked a high surge in ETH miner fees, causing approximately $1 mln in fees to be spent just within an hour.

That was partly due to the fact that Uniswap announced a giveaway of 400 UNI to each trader who had been using Uniswap since September 1.

The announcement was made earlier this week and 400 UNI was worth around $1,500 at some point, which was slightly more than one stimulus check granted to US citizens after the lockdown was lifted.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD