Get Uniswap Coins for Free
Since its first introduction to the crypto space, Uniswap has become the most popular dAPP running on Ethereum. It is born out of Vitalik Buterin’s, the creator of Ethereum, idea for a fully decentralized exchange. Hayden Adams, a former mechanical engineer, took this idea and turned it into a functional product. And the rest is history.
We take a closer look at Uniswap, what makes its native currency, UNI, an appealing investment, and how this platform works. Learn more about how you can earn UNI tokens without spending any money below.
What is Uniswap?
Uniswap is one of the leading decentralized, open-source, permissionless crypto exchanges built on the Ethereum blockchain. It has grown so massive since its launch in November 2018 that it is currently the fourth largest decentralized finance or DeFi platform with over $3 billion worth of crypto assets.
To grasp the value Uniswap brings, we must understand how traditional exchanges work. Popular exchanges such as Binance and Coinbase are centralized, which means they are owned by companies that have complete control over them. They are also regulated by KYC (Know Your Customer) laws that require users to provide personal information before they can start trading.
Uniswap is the complete opposite of these traditional exchanges. It uses smart contracts or a set of automated rules executed by a network of independent computers to run this blockchain without any central authority governing it.
Users can directly trade from their wallets on Uniswap, effectively eliminating the middlemen and high commission fees.
Uniswap uses a governance token called UNI. UNI holders have the right to vote on new developments, policy changes, and updates to the platform. The more tokens you hold, the more voting power you have.
Investing in UNI and being a part of this booming DeFi platform can be one of the most lucrative financial decisions you can make right now. If you believe in the potential of decentralized digital currencies, here’s all you need to know on how to get your hands on the highly coveted UNI coins.
How to Get UNI Token
Uniswap launched the UNI token via airdrop in September 2020. The crypto coin had since risen tremendously in value and gradually made its way to the list of top cryptocurrencies. Here are ways you can get UNI.
Each person who had traded, interacted, and used Uniswap before September 1, 2020, is eligible to claim 400 UNI tokens for free. 400 UNI tokens are equivalent to 3 ETH.
Second, mining UNI works a bit differently from the traditional mining we know in Bitcoin. Decentralized exchanges (DEX) need liquidity to function. Users who hold tokens provide the much-needed liquidity to the pool. By connecting your wallet directly to Uniswap, you are contributing to the operation, which entitles you to earn commission rewards in the form of UNI tokens. This process is called Liquidity Mining.
Lastly, you can purchase Uniswap crypto tokens on trusted global exchanges. Open an online account, buy a wallet, and then make your purchase.
Watch Out for Crypto Scams
Starting in crypto can be expensive. On top of buying coins, you also need to buy a compatible wallet and set aside a portion of your profits for commission fees. Not to mention, you have to deal with a highly volatile market where everything can change in a matter of seconds.
With cryptocurrencies becoming mainstream, it comes as no one’s surprise that crypto scams also happen frequently. Just a quick google search of “free UNI” pulls up a bunch of shady websites promising you the world with no strings attached.
However, there is always a catch. If it is too good to be true, it probably is. Instead of wasting your time with suspicious websites, dealing with likely cyberattacks, and risking possible identity theft, you are better off working with FreeCryptoRewards.
FreeCryptoRewards offers you a completely safe and guaranteed way of getting UNI coins without breaking the bank. Here’s how.
Get Free Uniswap Crypto
Complete simple daily tasks such as answering surveys, completing offers, and watching videos to earn points. You can use these points to claim free Uniswap tokens, or other available cryptos like ATOM and DASH, and even straight-up cash.
Each successful referral earns you even more points. Invite as many friends as you can and rack up points quickly.
Each task only takes up less than five minutes. At virtually zero risk to you, you can enter the crypto market armed with a diverse portfolio. Learn how the market works without worrying about assets you can’t afford to lose. The only investment you’ll need in FreeCryptoRewards is time.
You are only a few clicks away from having UNI tokens deposited directly into your Coinbase wallet.
Redeem Your Rewards Right Away
We are an accredited reward site providing you with a 100% legitimate and safe way to acquire UNI coins. Nothing better than a risk-free way of trying your hand at crypto investing. Simple and easy, just the way it should be.
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Other Crypto Rewards
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