Uniswap Integrates Venmo for Seamless Crypto Purchases via MoonPay

Uniswap Labs has launched a new feature allowing users to purchase cryptocurrency directly using their Venmo balance through MoonPay on both its web platform and Wallet app.

This integration opens up access to Venmo’s 60 million active users, providing a streamlined pathway for engagement in decentralized finance (DeFi) on Uniswap.

Earlier this month, MoonPay announced a significant partnership with Venmo, enabling U.S. users to buy and sell crypto assets directly with their Venmo balances, linked bank accounts, and cards.

Now, Uniswap users can easily fund their wallets by selecting the Venmo option through MoonPay, eliminating the need for additional credit card entries or bank transfers.

READ MORE:

UK Increases Capital Gains Tax on Assets, Including Stocks and Crypto

To make a purchase, users simply navigate to the Uniswap Web or Wallet app, select “Buy,” choose their desired token and amount, then opt for MoonPay with the Venmo payment option, confirming the transaction on Venmo for a quick and easy entry into the crypto space.

This partnership not only simplifies the buying process but also encourages more individuals to self-custody their funds and manage their assets transparently in the DeFi ecosystem.

Kosta Gushterov