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What happened? Crypto broker Robinhood has added the native token of the decentralized exchange Uniswap (UNI) to its platform. A total of 13 digital assets are now available on Robinhood. After listing on the platform, UNI grew by more than 11%. On July 15, 13:00 Moscow time, the asset is traded at $ 6.97 (according to Binance).
Source: Twitter.com
Unsiwap is a decentralized cryptocurrency exchange protocol based on Ethereum and using an automated market maker (AMM). The UNI token, created according to the ERC-20 standard, is used for rewards to liquidity providers (LP), as well as for protocol management.
What is Robinhood? It is an online broker that provides investors with access to the financial markets. The platform was founded in 2012. Robinhood allows you to trade stocks, ETFs, options, cryptocurrency and stock shares. There are no fees for trading on the platform.
In May, Robinhood added Grayscale Investments, a digital asset manager based on Bitcoin and Ethereum, to the platform. Users can trade Grayscale Bitcoin Trust (GBTC) and Ethereum Trust (ETHE) units directly through the broker’s app.
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