The Ultimate Guide to Trading Uniswap With eToro

Uniswap (UNI) is the native token used in the Uniswap Decentralized Exchange (DEX), the largest DEX in the world today when it comes to market capitalization. Believe it or not, the Uniswap is also the most sought after Ethereum Decentralized Application (DApp) in the market right now. Uniswap DEX allows users to trade all kinds of ERC-20 tokens on the Ethereum blockchain. Playing an important role in advancing technology through the crypto industry, the Uniswap platform is also open source. This means anybody can copy its code to create their independent DEX.

While most centralized exchanges are motivated by profit creation by imposing hefty fees to list new tokens or coins, in Uniswap, users can list tokens on the exchange at no cost. As a DEX, users of Uniswap enjoy more control of their funds all the time compared to a centralized exchange where users are required to surrender private keys, so orders can be recorded on an internal database as opposed to being processed on a blockchain, making it more expensive and time consuming.

With Uniswap, users maintain control of private keys thus taking away the dangers of losing assets if an exchange encounters a data breach or hacking.

Considering to trade UNI?

You might be considering of trading Uniswap at this point but in case you do, just click the button below and this will redirect you to eToro's platform for UNI trading. This will give you a preview on how it looks like and should you decide to go on a trade, all you have to do is click the "Sign up" button on that page to quickly register.


78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

History of Uniswap

Former Siemens mechanical engineer Hayden Adams created Uniswap on November 2, 2018. Following its launch, Uniswap received venture funding from several investors including Union Square Ventures LLC, Andreessen Horowitz, ParaFi and Paradigm Venture Capital.

Uniswap reached the mark of $220 million average daily trading volume in October 2020, thanks to investors who utilized the platform’s great usage in Decentralized Finance (DeFi).

The Uniswap was named along with Aave, Chainlink and Compound as 2021’s DeFi “coins to watch out for”. According to recent figures, Uniswap occupies the fourth spot in the largest DeFi platform with over $3 billion crypto assets stored in its protocol.

Uniswap logo
Uniswap logo

The Role of the UNI Token in Uniswap

As the native token of Uniswap, the UNI acts as its governance token. Holders of the UNI earns the right to vote on new changes and developments to the Uniswap platform. These includes partaking in decisions regarding how to distribute newly-minted tokens to the developers and the community. Additionally, investors can opt to stake their UNI tokens on the exchange for a chance to earn from their investment.

How Many UNI in Circulation Today?

Currently, UNI has a total of 1,000,000,000 tokens in supply. These will be all made available in circulation in four years. After that, when all of the UNI tokens are distributed, Uniswap will impose a 2% inflation rate annually in to guarantee network participation.

60% of the 1 billion UNI coins was already "airdropped" to Uniswap community members. (users with ETH addresses previously traded in the Uniswap protocol).

The rest will be supplied to investors, community members and advisors as stated in its 4-year plan.

Is Uniswap a Wise Investment Choice?

We all know how volatile cryptocurrency can be, but it is assuring to learn that Uniswap is seen by many as an innovative project that has given the crypto community one of the best and most popular decentralized exchange.

Thanks to the UNI's capability to provide open governance and decentralization to the Uniswap platform, it remains as a very in demand tool among blockchain supporters who stray away from the giant and centralized crypto exchanges.

Plus, Uniswap's liquidity pools appeals a lot to investors looking for more profit from existing cryptocurrency they already own without having to sell it.

Because of its innovative influence, there are now several DEXs that are trying to mimic its protocols but so far none has reached the impact and success garnered by the Uniswap decentralized network. This alone gives UNI a smooth road to achieving higher value in the cryptocurrency market in the future.

How to Store UNI?

Other than simply keeping your UNI on your eToro portfolio or storing it on an eToro Money Crypto Wallet, you can also store your UNI on a hardware wallet. Hardware wallets are referred to as "cold storage", as these are devices not connected to the internet thus making it impossible for hackers to access it. The popular hardware wallets are the Ledger Nano S and the Ledger Nano X which both supports the UNI.

How to Open a UNI Wallet with eToro?

To use store your UNI on the eToro Money Crypto Wallet, you will need to transfer UNI position via the eToro trading platform under your name to the crypto wallet under the same account. The good news is that you won't incur any fees opening a UNI wallet and transferring the UNI crypto to this wallet.

Yet this method can be profitable during uptrends and downtrends as long as the correct rules are followed, and timing is carefully researched.

eToro Wallet app
eToro Wallet app

Benefits of Uniswap

Aiming to solve the problems hounding the market, the decentralized nature of Uniswap blocks the control that has been surrendered to giant exchanges such as Coinbase and Binance. Uniswap also plays a pivotal role in making international liquidity accessible to new businesses.

Simply said; Uniswap provides flexible Ethereum trading, it is Censorship-resistant, it is Secured and Private, Compatible with ERC-20 token standards and gives more Trading options.

In short, we need Uniswap because?
Uniswap allows users to exchange tokens as it minimize dependence on external market makers in providing a constant liquidity supply.

Uniswap achieves this by doing away with the need for centralized order books and by introducing the advantages of using liquidity pools ruled by smart contracts.

How to Trade UNI on eToro?

  1. On your eToro dashboard, click "Trade Markets".
    Clicking "Trade Markets" on eToro
    Clicking "Trade Markets" on eToro
  2. Select "Crypto".
    Selecting "Crypto" on eToro's Markets screen
    Selecting "Crypto" on eToro's Markets screen
  3. Scroll down to look for "UNI".
    Looking for Uniswap on eToro's list of crypto assets
    Looking for Uniswap on eToro's list of crypto assets
  4. Click "Buy" and set the amount you want to invest.
    Buying Uniswap (UNI) on eToro's platform
    Buying Uniswap (UNI) on eToro's platform
  5. Click "Open Trade".
    Executing UNI buy order on eToro
    Executing UNI buy order on eToro

So, are you thinking of Trading UNI with eToro?

If you're planning on investing or trading UNI then it would be simpler to click the button below. This will take you to the eToro UNI trading page where you can easily check the current price of UNI and buy UNI of any value you plan to invest.

Before trading UNI on eToro, just simply open an account with them. Don't worry, the whole process will only take a few minutes.


eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% 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.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

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