Launched in November of 2018, Uniswap is an Ethereum-based decentralized crypto trading platform that lets users swap cryptocurrencies by tapping into their automated market maker. Different than a traditional centralized exchange, automated market makers (like Uniswap) are made up of liquidity pools for both assets in a trading pair. Users can contribute liquidity and earn passive income on their deposits via trading fees based on a percentage of the liquidity they offer. UNI is the primary token of UniSwap and acts as the project’s governance token that allows holders to vote on critical decisions about Uniswap. If you are wondering how to buy UNI in Canada, Netcoins is a publicly-traded, fully regulated crypto trading platform. With 0% funding fees, free cash withdrawals, and live customer support service seven days a week, we make it simple for Canadians to buy UniSwap (UNI) and other cryptocurrencies.
1. Create an Account
Visit the Netcoins website and click on the sign-up button. Or download the Netcoins app from the app store for mobile. Enter your email address, create a strong password, and agree to the terms and conditions. You will receive a confirmation email click on the link to verify your email address.
2. Fund it
Choose your preferred funding method: bank wire transfer, Interac e-Transfer, crypto deposit, or cash deposit. Follow the prompts to transfer funds into your Netcoins account. The process is quick and incurs no fees.
3. Start Trading
Once you have funds in your Netcoins account, you'll find that it's super easy to buy UNI in Canada.
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TrustpilotWhy Buy UNI?
What Can You Do with UNI?
How Much UNI Can I Buy?
Is UNI a Good Investment?
UNI is one of the safest ways to invest in the decentralized cryptocurrency exchange space. Given the project’s dominant market share and track record of solid growth, some of the biggest determinants of its future price performance will be innovation and market growth. To keep up with competitors and maintain their large market share, the UniSwap development team will need to continue releasing new products that intrigue users enough to stay on the platform. If the platform continues to steadily innovate, UNI’s price appreciation will depend heavily on growth in the decentralized exchange space to drive UniSwap’s user growth.
If you want to learn more about Blockchains, Bitcoin or Ethereum, follow our educational blog!
Why is KYC (Verification) required?
Netcoins Inc. is a licensed money service business under FINTRAC, and a registrant under the Provincial Securities Commissions, and adheres to the strict guidelines set by them for Money Transmitter Businesses and Securities Registrants. We are required to have a Know-Your-Client (KYC) process and compliance program in place. KYC is a process that allows us to verify the identity of our customers.
What do I need to provide for your verification process?
You will have to provide your email address, phone number and personal information including your first name, last name, address, date of birth and a piece of identification (like a driver’s license). Most users are verified at this point through our automated process. If you don’t pass the automated KYC process, you will have to go through an additional document verification stage. This is important and required as we are a regulated money service business.
How can I fund my account?
Your Netcoins account can be funded with a crypto deposit, Interac e-Transfer, or a bank wire transfer. Once you have funds in your Netcoins account, you’ll find that it’s super easy to buy UNI in Canada.
