UNI is the governance token for Uniswap, allowing holders to take an active part in the protocol's governance. The Uniswap protocol is a peer-to-peer system designed for exchanging cryptocurrencies (ERC-20 Tokens) on the Ethereum blockchain. The protocol is implemented as a set of persistent, non-upgradable smart contracts; designed to prioritize censorship resistance, security, self-custody, and to function without any trusted intermediaries who may selectively restrict access.
Bitvavo makes it as easy as possible to buy digital assets and cryptocurrencies.
1. Sign Up
Create a free account with which you can buy, sell, send, receive and store Uniswap. Access your Bitvavo account from every location, on mobile and desktop.
2. Transfer Funds
Verify your account and transfer Euros to your Bitvavo wallet using one of the 8 supported payment methods.
3. Buy and Trade
Buy or sell over 150 digital assets and pay a maximum trading fee of 0.25%. Store your assets in your Bitvavo wallet or send them to your external wallet.
Storing Uniswap and other digital assets requires a wallet, but don’t worry: Bitvavo’s hosted wallet allows you to store Uniswap without any technical knowledge. Here is a brief overview of the existing wallet options to store your Uniswap:
Hosted wallets are wallets where the private keys to your Uniswap are managed by a third party such as Bitvavo. Access to your account is protected by a password and other advanced security features. Once you are logged in, you can easily and conveniently manage your Uniswap online. Bitvavo offers standard hosted wallets for all digital assets that are offered on the platform.
A software wallet is a program installed on your computer or other device in order to use and manage your Uniswap. Using a software wallet gives you full control over your private keys, so you are not dependent on third parties. The risk is that you alone are in charge of the security of your Uniswap, and if malicious parties have access to your device, your private keys (and therefore your Uniswap) can be stolen.
A hardware wallet is a physical device on which you can store your Uniswap offline. It is one of the safest ways to store your Uniswap, because the private keys are stored on a separate and offline device. Access to this device is often protected by a password. In many ways, a hardware wallet can be compared to a safe in which your Uniswap is stored.
You can use Bitvavo's hosted wallet to easily store, send and receive Uniswap. Once you have purchased Uniswap on Bitvavo, you can choose to send your Uniswap from your Bitvavo wallet to your own software or hardware wallet.