Uniswap users can now use Robinhood Connect to purchase cryptocurrencies using funds from Robinhood, debit cards, or bank transfers.
Robinhood Connect became available to users of the Uniswap mobile app, a decentralized exchange (DEX), this week. Said in a statement Monday. According to the protocol, the service enables cryptocurrency purchases on Uniswap and is one of three providers joining Coinbase Pay and Moonpay.
First-time Robinhood Connect users who purchase $10 worth of crypto on Uniswap's app will receive $10 worth of USDC in their Robinhood account.
The Robinhood Connect and Uniswap integration comes just weeks after the service was launched on hot wallet application MetaMask.
Robinhood's expansion of Connect services for crypto traders comes as the trading platform deepens its focus on cryptocurrencies. Last week, Robinhood listed four new cryptocurrency tokens for users in New York.
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About the author
Elizabeth Napolitano is a data reporter covering business and technology news with a focus on cryptocurrencies. Before she joined The Block, Elizabeth reported on Big Tech, AI, cryptocurrencies, and video games for CBS Moneywatch. As a reporter for CoinDesk, she covered DeFi, NFTs, and US courts. She holds a master's degree in journalism from the State University of New York. Follow her on X: @LizKNapolitano
