• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
NewsBTC
No Result
View All Result
CoinMarketCap Adds Token Swap Feature Through Uniswap Integration
Nexo Logo

CoinMarketCap Adds Token Swap Feature Through Uniswap Integration

Asad Gillani by Asad Gillani
1 year ago
in Uniswap
Reading Time: 2 mins read
Advertisement

The popular crypto-data aggregator CoinMarketCap launched a feature integrating Uniswap that facilitates Ethereum token swaps. The network integrated with Uniswap to achieve this feat, and according to the team, they’ll add more networks and decentralized exchanges.

🚀 We're incredibly excited to see Uniswap integrated natively into @CoinMarketCap

🔥 Token pages now have a "Swap" icon allowing users to connect to an Ethereum wallet and instantly trade that token through the Uniswap protocol

👏👏👏 awesome work on the integration!!! https://t.co/qm4SbcTTCA pic.twitter.com/PwO3mEWJU4

— Uniswap Labs 🦄 (@Uniswap) June 30, 2021

Swap Ethereum-Based Tokens Easily

CoinMarketCap’s integration with Uniswap will enable swapping between Ethereum-based digital assets. Users can now access the token swapping feature through the swap icon on the aggregator’s website.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Users are obligated to connect their wallets to swap between ERC-20 tokens as they please seamlessly. The wallets that users can connect are WalletConnect, Coinbase, Portis, MetaMask, and Fortmatic.

According to CoinMarketCap, there will be more integrations with other networks and DEXs. However, the platform supports only Ethereum and Uniswap V1 and V2 for the token swaps.

Related Reading | TA: Ethereum Corrects Lower, What Could Spark A Fresh Rally

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

Previously, there has been an increase in CoinMarketCap’s traffic. In early January 2021, the platform recorded 101 million visits, but the number increased to 272.32 million in May.

Most of the traffic for CMC is, of course, coming from Binance. According to SimilaWeb, a firm that conducts website analytics, the total referrals from the parent company in May was up to 52.68% of the total traffic.

Brief On CoinMarketCap And Binance Acquisition

CoinMarketCap is a popular and reliable crypto-assets data aggregator that investors of all levels depend on for real-time updates.

The company behind this engine now is Binance, after acquiring it on April 2, 2020.  But before Binance bought the data aggregator, it has been operating since 2013. Within this period, CoinMarketCap garnered popularity as a reliable data website globally.

Related Reading | UK Regulators Prohibit Binance, What’s Ahead For The Crypto Exchange?

Fast-forward to 2019; the website launched a new feature, “crypto indices” on reputable finance platforms in the industry such as Bloomberg Terminal and Nasdaq Global Index Data Service.

After the Binance acquisition, things changed drastically for the firm. Many top executives left the company a few months after the takeover.

Even though Binance announced that CoinMarketCap would operate independently, it didn’t stop the executives from leaving. Top executives such as CEO Carlyne Chan, Spencer Yang, and even Jeremy Seow left the firm.

Uniswap Integration Intends to Enhance Crypto-Investment Experience

Uniswap is a decentralized exchange operating on the Ethereum blockchain to facilitate seamless token swaps. For example, users can swap ERC-20 tokens through CoinMarketCap’s newly introduced feature.

Related Reading | The USDC Stablecoin Will Soon Expand Its Reach To 10 More Networks

Uniswap has been operating on the Ethereum blockchain since 2018. So, this integration is a collaboration between two giants for a better crypto investment experience.

Also, it is worth noting that CEO Carylyne Chan announced her vision for more crypto adoption. So, it seems that the vision is gradually becoming a reality even in her absence.

CoinMarketCap Adds Token Swap Feature Through Uniswap Integration
Bulls are trying to take control over the market | Source: UNIUSD on TradingView.com

The top DeFi token, Uniswap, is expected to reclaim the $20 mark after such significant news. For now, UNI is down by 5%, but the bulls are fighting to take the Uniswap price in the green zone.

Featured image from CoinMarketCap, chart from TradingView.com
Tags: BinanceCoinMarketCapcryptocurencyNasdaq Global Index Data ServiceUniswap
Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
Asad Gillani

Asad Gillani

Asad is a freelance writer. He is interested in cryptocurrencies, technology, and in particular the subject of online security. An open supporter of freedom of speech, privacy, and equality for all. On a personal level, he likes to stay socially active, loves playing snooker, cricket, enjoys seafood and loves listening to folk music.

Related Posts

Uniswap

Uniswap Slingshots 45% – Can UNI Blaze Past Its 7-Day Rally?

4 days ago
Uniswap UNI token symbol of the DeFi project cryptocurrency them

UNI Price Slides Due To SEC Investigation, In Risk Of Deep Plunge?

10 months ago
Uniswap Community Is Reacting Against the New Proposal, Here is Why

Uniswap Community Reacts Against The New Proposal, Here is Why

10 months ago
Uniswap UNI UNIUSDT

This is why Uniswap v3 could have “insane efficiency”

1 year ago
Uniswap UNI

Can Uniswap v3 prevent forks? Top lawyer breakdowns its license

1 year ago
Uniswap UNI token symbol of the DeFi project cryptocurrency them

UNI Mum as Uniswap V3 Announcement Leaves Bulls Wanting More

1 year ago

Premium Partners

Top Brokers

PrimeXBT

PrimeXBT

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
7BitCasino

7BitCasino

Review · Visit
BC.Game

BC.Game

Review · Visit
Punt Casino

Punt Casino

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bspin

Bspin

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit
BC.Game

BC.Game

Review · Visit

Torches Genesis NFT Launching, Win Torchlight NFT to Unlock IDO Allocation

June 30, 2022

Crypto News Flash: Best Meme Coins to Explore in Bear Market 2022 – Floki Inu (FLOKI), Akita Inu (AKITA) and RoboApe (RBA)

June 30, 2022

Secure Your Finances With These Top DeFi Tokens: Gnox (GNOX), Solana (SOL), and Avalanche (AVAX)

June 30, 2022

XT.com Welcomes Cryptostone (CPS) to Its Growing Exchange

June 30, 2022

Crypto Crash: Bitcoin Falling Helplessly, Find Succour in These Two Coins

June 29, 2022

ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2021 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play Games
  • Bet & Win

© 2021 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.