The Block Crypto News15 minutes ago

Published on July 01, 2024 14:00 GMT+00:00edited on July 01, 2024 14:04 GMT+00:00

Web3 payment infrastructure provider Transak has partnered with Uniswap Labs to serve as a fiat on-ramp partner, facilitating fiat purchases of crypto directly in the Uniswap Wallet.

Transak announced the collaboration Monday, saying it will give users “a smooth and intuitive on-ramp experience, simplifying their entry point into decentralized finance (DeFi).”

The Uniswap Wallet is self-custodial and features direct access to the Uniswap protocol, the world’s largest and most popular decentralized exchange. This allows Uniswap Wallet users to easily exchange and trade their tokens directly in the app. By integrating with Transak, wallet users can now purchase crypto in the app, skipping the need to transfer funds from a centralized exchange and potentially opening the door to new users.

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