How to Buy Uniswap (UNI) in Canada

James HeadshotAuthor: James Page - Last Updated on June 28, 2022

Summary: To buy Uniswap, all you need is a reliable and trusted crypto trading platform that has Uniswap in its list of cryptocurrencies.

We recommend using Bitbuy as it’s a very well-known Canadian crypto exchange (over 400,000 Canadians served) with great support and a very user-friendly platform.

And for a limited time only, you can get FREE $40 when you sign up and fund your Bitbuy account with $250+!

Buy Uniswap with Bitbuy

Uniswap

Finding a Canadian cryptocurrency exchange where you can buy Uniswap is pretty straightforward these days, there are so many exchanges around.

As mentioned above, we personally really like Bitbuy, but you can use any exchange you want of course. The general process is very similar across most cryptocurrency trading platforms.

How to Buy Uniswap in Canada in 2022

1. Choose a crypto trading platform

While there are a lot of crypto exchanges, it can get a bit tricky comparing them all as they all offer very similar features. The differentiating factors are mainly fees, the amount of digital assets to choose from, and any special features that the other exchanges don’t have.

The reason we recommend going with Bitbuy is that they’re very easy to use, have fantastic support, and have a quick and seamless verification process to get you started!

Let’s get into it!

Bitbuy site

Alternatively, if you want to know more about which exchanges we prefer, read our comparison of the top 10 crypto exchanges in Canada.

2. Create an account on the exchange

The first thing to do is to create an account on the exchange and go through the required verification processes.

Sign up with Bitbuy

Bitbuy sign up form

Bitbuy requires you to verify your identity in order to adhere to Canadian cryptocurrency laws. There is an automated verification system that will check your information against a database.

3. Transfer funds into the account

Transferring funds is also pretty easy as Bitbuy supports Interac eTransfer and Bank Wire.

Bitbuy Fund your account

4. Buy Uniswap

Once the funds are in the account, you can either use the basic or pro trading interfacing to find and buy Uniswap.

And that’s it, you now have some UNI, congratulations!

Buy Crypto with Bitbuy

 

Where to Buy Uniswap in Canada

Aside from Bitbuy, 3 other reliable crypto exchanges we would recommend are NDAX, Coinberry, and Newton. They all have their own feature-set and fee structures.

How to Sell Uniswap in Canada

Selling Uniswap is just as easy as buying it. Start off buying signing into the cryptocurrency exchange where you bought Uniswap.

Then simply head over to the trading section of the exchange, or find Uniswap in your account, click on it and it should bring you to the trading screen.

Finally, choose the amount you want to trade for either CAD or another cryptocurrency and hit sell.

Frequently Asked Questions

Can I buy Uniswap with PayPal?

While the majority of crypto exchanges in Canada don’t support PayPal, there are a few, like eToro, that do allow for buying cryptocurrency with PayPal.

That being said, double-check their list of cryptocurrencies first to make sure they have Uniswap.

How to buy Uniswap with a credit card?

You can use Bitbuy to buy Uniswap with your credit card. A lot of Canadian cryptocurrency trading platforms do support credit and debit cards.

Is buying Uniswap in Canada legal?

Buying and selling cryptocurrencies is legal in Canada, just make sure to only use cryptocurrency exchanges that are registered with FINTRAC.

 

More info about Uniswap

Uniswap is a well-known decentralized trading protocol that allows automated trading of DeFi tokens.

Uniswap (AMM) is an example an automated market maker. It was launched in November 2018, and has been very popular thanks to DeFi.

Uniswap aims to keep token trading open and accessible for all token holders. It also aims at improving the efficiency of trading as compared to traditional exchanges.

Uniswap automates the resolution of liquidity issues and improves efficiency. This eliminates many of the problems that plagued the original decentralized exchanges.

Uniswap made a further move in September 2020 when it gave its own governance token (UNI), to all users who had used the protocol. This allowed Uniswap to increase its profitability as well as allowing users to have an influence on its future. This is a wonderful aspect of decentralized entities.

Uniswap was created to offer liquidity and trading services for the DeFi sphere.

This protocol is one the most important AMMs in use today. It automates exchange using a formula -- X x Y= K. Hayden Adams is the founder of Uniswap.

Uniswap is more than a liquidity provider. It's a decentralized exchange.

It automates market making, reduces costs and limits risk. It eliminates the need to identify users. Anyone can create a liquidity pool for any pair of tokens.

According to Uniswap, their governance token (UNI) was created to "officially enshrin[e] Uniswap into public-owned sustainable infrastructure while still carefully safeguarding its indestructible and autonomous qualities."

 

Disclaimer: Trading, investing, and dealing with digital and cryptocurrencies might involve a lot of risks. Their prices are volatile and performance is unpredictable. Their past performance is no guarantee of future performance.

Affiliate Disclosure: This site is supported by its users. We may receive commissions for purchases made through the links on our site. This does not impact our reviews, guides or comparisons.

 

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About The Author

James Page

James Headshot

James is the main editor. With a passion for finance and anything blockchain, cryptocurrency is right up his alley. He’s responsible for most of the content on the site, trying his best to keep everything up to date and as informative as possible.