Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please click here to read our full Risk Warning.

74.91% of retail investor accounts lose money when trading CFDs with this provider.

Uniswap (UNI/USD)

We regret to inform you that Indication Investments Ltd is exiting the Temporary Permission Regime and will no longer be accepting clients from the United Kingdom.

Uniswap is a decentralised protocol on Ethereum for swapping ERC20 tokens. Uniswap functions as a decentralised exchange with zero fees, unlike most other exchanges that take a commission for swapping tokens. Also in contrast to most exchanges that juxtapose buyers and sellers to determine prices and execute trades, Uniswap uses a simple mathematical equation and pools of tokens and ETH to perform the same function. UNI tokens give owners a vote on how to manage the Uniswap platform, completing many of its tasks.

Opportunities for traders

In September 2020, Uniswap launched its own UNI token. In the first week of trading, the token's value rose from $3 to $7, while its capitalisation amounted to $668 million, making the token very appealing for intraday trading.

UNIUSD's average intraday volatility is 30%.

How to buy and sell UNIUSD

You can buy and sell CFDs for UNIUSD through a broker or a trading platform, such as MetaTrader 4 or Libertex, where leverage can be used, and you can trade if the cryptocurrency's value goes down or up.

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