ChangeNOW integrates Uniswap, merchants can now exchange ERC-20 tokens with Bitcoin, Monero and more

ChangeNOW, a Seychelles-based instant crypto-to-crypto exchange without fust-to-crypto, integrates Uniswap – the decentralized exchange based on Ethereum and one of the largest in the world. They are now the first instant crypto exchange service to integrate Uniswap into their platform.

Bridging ERC-20 tokens with mainstream networks

In one Press release on November 30thThe exchange said the integration of the Uniswap engine was a desirable milestone. ChangeNOW customers can now exchange tokens listed on Uniswap while trading from reliable pools of liquidity.

However, inclusion opens other doors. In addition to simply trading with ERC-20 tokens, it is possible to integrate ChangeNOW and use the exchange as a one-stop bridge between ERC-20 tokens and other networks.

Accordingly, this step eliminates the need to tokenize coins such as tokenize currency or bitcoin. Right from the start, traders can join DeFi directly and swap mainstream coins for ERC-20 tokens listed on Uniswap.

ChangeNOW is convinced of Uniswap. Although malicious agents can take advantage of the pool and lack of verification, the Seychelles-based exchange says the protocol is “fairly fraud-proof”. They rely on ease of use and a reputation as the largest DEX Defi Pulse.

At the time of writing (December 9th) the exchange was on supports 40 digital assets including three different versions of USDT on Tron, Ethereum and Omni networks. The UNI uniswap governance token is not on the list.

Uniswap success and proposal to resume UNI distribution

In recent years, Uniswap has become one of the leading trusted exchange protocols. Initially it did not have a native governance token, but as competition increased, Uniswap introduced the UNI governance token.

In the first two months after the launch, 20 million UNI tokens were distributed in four pools. However, the program ended on November 17 and resulted in the Protocol’s free assets under management falling from around $ 3 billion to below $ 1.5 billion.

A vote is currently being taken on the provision of incentive liquidity, which has had a direct impact on the minutes. If they are passed, UNI tokens will be distributed for an additional two months at half the price previously reported by BTCManager.

In 2019 the Exchange in partnership with Simplex– a payment processing provider with whom its customers can easily buy and exchange tokens.

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