How to Buy Uniswap (UNI)
Seeking to gain exposure to emerging decentralized exchanges?
Anyone can list an Ethereum token on Uniswap, and because of features built into the UNI cryptocurrency, the platform is effectively owned and operated by its global network of users.
Not sure yet why you’d want to buy UNI? Feel free to read our ‘What is Uniswap?’ guide to get a more extensive breakdown of its technology and vision.
Ready to dive in?
If you just want to start investing in UNI right away, click the button below to begin.
Why buy UNI?
The UNI cryptocurrency plays a key role in maintaining Uniswap’s decentralized exchange software, and is used by its owners to maintain and operate the network
By owning UNI, you gain the ability to vote on network upgrades and policies, with each vote being proportional to the amount of UNI cryptocurrency you stake.
You may want to consider buying UNI if you want to:
- Deposit UNI into a liquidity pool to begin earning more cryptocurrency
- Diversify your long-term investment strategy
- Invest in crypto assets powering decentralized exchanges
- Participate in Uniswap’s governance process
- Support the development of applications on Ethereum.
Where can I buy UNI?
There are a number of ways to buy UNI. However, many find that it is easiest to purchase it through a trusted global exchange like Kraken that offers easy fiat on-ramps.
Aside from offering the lowest fees in the industry, Kraken is constantly rated one of the most secure and trusted crypto exchanges in the world. This matters because if you lose the private key to your UNI, it can be challenging if not impossible to recover your funds.
At Kraken, we take security seriously, with tested technology and rigorous procedures designed to safeguard funds. We don’t cut corners when it comes to security, and neither should you.
How much UNI can I buy?
Looking to buy UNI on a budget? Don’t worry, Kraken offers a minimum order size of 1 UNI.
Of course, you can also execute larger UNI buy orders as well. It wouldn’t be out of the ordinary for larger traders to purchase or trade 6,000 UNI or more on Kraken.
How to buy UNI on Kraken
Follow the steps below to start buying UNI on Kraken:
Sign up for a Kraken account.
First, enter a valid email address, create a new username and set a strong password to protect your account.
Verify your account.
After providing your name, date of birth, country of residence and phone number, you can buy UNI with cryptocurrencies like ETH and BTC. In order to use fiat currency (i.e. USD, CAD or EUR), you’ll need to provide our experts with additional supporting documents verifying your identity. Read about our verification processes here.
Deposit fiat currency.
You can fund your account in a number of ways. How you do so will depend upon your location and preferences.
Once your account is funded with fiat, you’re ready to purchase UNI. At this point, you’ll also gain access to our advanced charting tools, 24-hour global client support and the ability to utilize spot trading on margin*, features that help make the Kraken experience beloved by millions of global traders.
*Availability of margin trading services is subject to certain limitations and eligibility criteria.
24/7/365 Customer Support
Trading is really pretty simple! If you have any questions about buying Uniswap, let us know. Our support staff is online all day, every day, ready to help.
You can reach us anytime on LiveChat or by email.
Where to keep your UNI
Once you buy UNI, you’ll need somewhere to safely store your cryptocurrency.
Kraken is secure, but it’s always safest to keep your UNI in a wallet, a software or hardware device that stores the public and private keys required to make crypto transactions.
Uniswap is a platform built on top of Ethereum, meaning UNI can be stored in an Ethereum wallet, of which there are many. Mobile and web wallets can make transactions easy, while hardware wallets are perhaps best suited for secure, long-term storage.
When choosing a crypto wallet for your UNI, first spend some time thinking about what you plan to do with your tokens to find a wallet that fits your needs.
Kraken is not a wallet service
It is important to note that Kraken is an exchange service and not a wallet service. So while we allow our clients to hold UNI in their accounts, we highly encourage you to separate your UNI holdings into multiple wallets.
Start buying UNI
Ready to take the next step toward investing in decentralized finance coins? Click the button below to buy UNI on Kraken today!