In a relatively short period of time, Uniswap has attracted the interest of several investors as a trustworthy cryptocurrency exchange where they may trade coins without having to register with the exchange.
This platform is the most popular decentralized exchange in the world, transacting over $1 billion in cryptocurrencies every day. In this guide, we have listed our top 8 coins, which are either available now or will be traded on Uniswap and may provide you with a profitable investment opportunity.
8 Best New Coins to Buy on Uniswap
The top 8 new coins that could be purchased on Uniswap are:
- Lucky Block (LBLOCK)– Best Coin to Buy on Uniswap in 2022
- Tamadoge (TAMA)– Overall Best Meme Coin to Purchase (to be listed soon)
- Wrapped Ethereum (WETH)- Coin That is Most Often Paired on Uniswap
- Uniswap (UNI)– Native Token of the Uniswap network
- Battle Infinity (IBAT)– Best Metaverse Coin to Invest in 2022
- Defi Coin (DEFC)– Native token of the decentralized exchange DeFi Swap
- ApeCoin (APE)– Utility and Governance Token of APE Ecosystem
- Chainlink (LINK)– Utility Token for Blockchain Technology that is Commonly Traded
8 Best New Coins on Uniswap
Given below, we have mentioned our top 8 coins that are listed or going to be listed on Uniswap and which can come out as a lucrative investment avenue for crypto investors:
1. Lucky Block
As the developing team is working on getting the cooperation of both centralized and decentralized platforms to boost the asset’s accessibility, the tax-free variant of the native token of the Lucky Block decentralized gaming network is currently accessible on Uniswap V3.
There are two versions of the LBLOCK token, which are offered by the Lucky Block community, V1 and V2. These two versions are joined by a bridge in order to maintain price parity between the two separate Lucky Block tokens.
The LBLOCK V2 token is an ERC-20 token that was developed to improve liquidity and spread knowledge of the capabilities and advantages of the gaming system. The V1 version initially included a 12% tax on speculative transactions. The V2 version does not have this feature because centralized exchanges do not support it.
The ERC-20 token V2 was also listed on LBank, and this had an immediate positive influence on the value of LBLOCK. Traders responded favorably to the launch of the LBLOCK ERC-20 token, and as a result, the value of this token shot up to $0.0013 as soon as traders started acquiring it in huge volumes.
Due to its potential to remove geographic restrictions for participants, Lucky Block appears to be among the top ERC20 tokens and altcoins to buy this year. As a result, regular prize draws with better chances of winning for each participant are made possible.
The V2 token is also significantly more desirable to professional traders because it does not include a 12% tax when it is sold. Consequently, liquidity automatically rises as more individuals look forward to trading the token.
2. Tamadoge
Tamadoge will be the best meme coin to purchase on Uniswap as soon as it gets listed on the platform. The entry point of the Tamaverse, which allows you to make, raise, and compete in battle using your very personal Tamadoge pet, is Tamadoge (TAMA).
This token is often referred to as the Shiba Inu or the Dogecoin of the market. Further research and fundamentals show that Tamadoge has greater significance and expansion prospects than its forebears. It makes use of DOGE’s well-known image to provide 100x future prospects.
With the start of the Tamadoge presale, this cryptocurrency has exploded onto the market. Users can purchase the Tamadoge token on the Tamadoge website in return for Ethereum or USDT. Tamadoge Pet NFTs and TAMA meme coins are the primary routes to invest in Tamaverse.
In order to close the gap, the NFT project Tamadoge combines the ideas of meme coins, play-to-earn, NFT, and the virtual world of the metaverse. Users will be able to access the Tamdoge NFTs by the last quarter of this year, and they’ll be able to nourish, look after, interact with, and raise them up.
Transactions using TAMA are not subject to tax at Tamadoge. This makes sure that the project, not the users, derives worth from the token. Tamadoge has finished the KYC process with Coinsniper, eliminating the chance of any scam. Solid Proof has performed an examination of the smart contract’s safety. The likelihood of system vulnerabilities is reduced.
With the early completion of the Tamadoge Beta sale, Tamadoge’s team has collected more than $4.4 million in USDT in a short period of time. They are now going on to the presale phase, where the token’s price will rise by 25%. To expand up its play-to-earn GameFi network, Tamadoge eventually hopes to raise $10 million, of which $2 million will flow from its just-completed beta sale wherein 1 TAMA could be purchased for 0.01 USDT.
3. Wrapped Ether
The kind of Ether that is consistent with ERC-20 is known as Wrapped Ether (WETH). Ether can be used to create WETH by delivering it to a smart contract, where it is put on hold and exchanged for a 1:1 ratio of the WETH ERC-20 token. Subsequently, this WETC can be resent to the exact smart contract and “unwrapped” at a ratio of 1:1 for the initial ether.
Most of the coins that are offered on the platform are combined with Wrapped Ethereum (WETH). It implies that the user will be required to acquire a sufficient quantity of WETH tokens in order to get the best cryptocurrencies on Uniswap.
It’s worth noting that wrapping Ethereum has no impact on its price. As a result, there is no chance of substantial price variations between the two cryptocurrencies; 1 ETH will remain equal to one WETH (and vice versa).
Moreover, Wrapped Ethereum offers an efficient method for carrying out transactions between ETH and ERC-20 tokens, lowering the intricacy of smart contracts and eliminating the requirement of a middleman.
Wrapping and unwrapping WETH is a fairly simple operation that can be readily performed even without any middlemen, in contrast to Wrapped Bitcoin (WBTC), where currency must be transferred from the Bitcoin network to Ethereum.
Users can wrap ETH using the Uniswap Decentralized Exchange (DEX) by adhering to the steps below: firstly, go to Uniswap’s DEX interface and link your wallet, then choose ETH as the primary and wETH as the second token from the list, then finally select “Wrap” and complete the transaction using your wallet.
Your Capital is at Risk.
4. Uniswap
Uniswap, a very well-known decentralized trading protocol, is famous for enabling the automatic trading of tokens related to decentralized finance (DeFi). UNI is the native token of Uniswap. Investors can, therefore, connect their tokens to a particular wallet address within the Uniswap network after acquiring UNI.
In an attempt to discourage users from switching to the competing DEX SushiSwap, the UNI token was first developed in September 2020.
Uniswap created 1 billion UNI tokens in retaliation for DEX SushiSwap’s competition and chose to give 150 million of them away to everyone who has ever used the network. 400 UNI tokens, or more than $1,000 at the time, were given to each individual.
This governance token allows holders to decide how the system should evolve going forward, along with how newly produced tokens should be allocated to the users and developers and any adjustments related to the fee rates.
Overall, the UNI token is similar to other cryptocurrencies because it trades on crypto exchanges, and its supply and demand would decide its price. It is thus considered that as the Uniswap exchange grows in popularity, so too will its value.
At the time of writing, Uniswap’s price is $9.04 USD, and its 24-hour trading volume is approximately around $169,465,986. Uniswap has increased 0.28% over the past 24 hours. This cryptocurrency is currently ranked 16 in terms of market capitalization and has a current market cap of $6 billion. It has a maximum issuance of 1 billion UNI coins and a circulation supply of 745 million.
Your Capital is at Risk.
5. Battle Infinity
IBAT is a BEP-20 token that has been produced on the Binance Smart Chain’s blockchain. It is a universal utility token that may be applied to each and every Metaverse operation or any of its numerous applications.
Its function is to supply the Battle Infinity network with power. Similar to certain other cryptocurrencies like Polygon, which also has a 10 billion maximum supply, IBAT has a total supply of 10 billion IBAT tokens.
Recently, IBAT, which has a fixed supply of 10 billion coins, went on presale until it surpassed its hard cap of 16,500 BNB (around $5 million) 66 days before its original schedule. The second presale allotment for IBAT tokens happened in less than 24 hours, which is quite exciting.
The Battle Swap DEX, a decentralized platform integrated into every Battle Infinity game battlefield, will allow users to swap their existing in-game IBAT tokens for any other currency. Furthermore, players can opt to keep their IBAT tokens and stake them in that exchange for increased in-game incentives.
Launching IBAT on centralized and decentralized exchanges will be the next step on Battle Infinity’s agenda. The founders have guaranteed a listing on PancakeSwap as IBAT is scheduled to get launched on this DEX on August 17.
The investors of IBAT could earn huge returns as soon as it gets listed on PancakeSwap. The rising demand for IBAT tokens is among the main factors making this more probable to occur. While IBAT is currently not on Uniswap, it may be listed soon because of its grand presale and immense potential.
Your Capital is at Risk.
6. DeFi Coin
The native token of the decentralized exchange DeFi Swap is the digital token DeFi Coin (DEFC), which was introduced in 2021. With a comparable functionality to Uniswap, DEFC runs on the Binance Smart Chain and enables the system to realize its decentralized finance objectives.
The benefits of owning a DeFi Coin are several. For instance, a 10% tax is applied to every transaction of purchase and sale. By doing this, market speculators are deterred from dealing with this token. Further, the business actively looks for long-term investors. Holders of DEFCs are entitled to 50% of every transaction’s tax. Users’ portion grows in proportion to the number of tokens they own.
The DeFi Coin liquidity pool is then expanded with the rest of 50%. This is essential to DeFi Coin‘s long-term sustainability since it guarantees that the token functions in a completely operational, efficient market. And anyway, both buyers and sellers won’t be able to conduct transactions in a decentralized way without an adequate amount of liquidity.
Further, transactions are completed quickly and at a very low cost because of the strong fundamentals of DEFC. DeFi Coin currently presents a good chance for a rewarding entry into the DeFi money markets. The potential growth for DeFi Coin, which currently has a small market capitalization, is also very high.
The potential to stake DEFC on the Defi Swap market is a key feature of Defi Coin. If you choose a 365-day staking period, you will receive a 75% APY. This indicates that after keeping 1,000 DEFC for a full year, you will earn extra 750 tokens. Although DEFC is not yet listed on Uniswap, due to its enormous potential and increasing utility, it may do so soon.
Your Capital is at Risk.
7. ApeCoin
The APE network and metaverse are powered by its utility and governance token ApeCoin (APE) which also rewards members and holders of BAYC. The token is an ERC-20 token as it is based on the Ethereum blockchain.
The Ethereum proof-of-work (POW) consensus protocol safeguards ApeCoin. Further, one billion tokens of ApeCoin were created at once and are its total supply.
The APE token, in addition to supporting the network, is also employed in governance. Voting on how to utilize the ApeCoin DAO Ecosystem Fund gives APE token owners the ability to make decisions. The ideas that receive holders’ acceptance are subsequently handled by the APE Foundation.
Additionally, ApeCoin provides access to special games and services as well as other areas of the network that are normally inaccessible. ApeCoin is a mechanism for third-party developers to engage in the system by integrating ApeCoin into various activities, such as services and games.
Due to its widespread usage within the APE network for paying for NFTs and other services and goods, ApeCoin can be a profitable investment. The network’s users are encouraged by the usage of the token. In the APE ecosystem, it may also be obtained as a reward by taking part in games.
At the time of writing, the price of ApeCoin is $6.91 USD, with a 24-hour trading volume of $231,043,449 USD. The crypto is ranked at 34, with a present market capitalization of $2,120,912,606 USD. The coin has the potential to rise exponentially, given its vast prospects and increasing usage.
Your Capital is at Risk.
8. Chainlink
Chainlink is an Ethereum-based ERC-20 token with an emphasis on decentralized oracle networks. Oracles serve as the primary link between data on the blockchain and the actual world. In other words, Chainlink makes it possible for blockchains to collect actual data from just about any source available.
Chainlink aims to provide connections between banks, payment services, and blockchains. Having 35% of the entire one billion token supply, Chainlink conducted the ICO for the LINK token in September 2017. The project was able to collect the required $32 million from the launch of the ICO at the opening price of 0.11 USD for LINK.
The system utilizes the Chainlink token to pay Chainlink Node Operator for obtaining data from outside information sources, converting it to a blockchain readable form, performing off-chain computing, and providing uptime guarantees. The value of Chainlink’s token has risen exponentially since the start of 2021, after initially gaining traction slowly.
At the time of writing, the price of Chainlink is $9.16 USD with a 24-hour trading volume of $360,425,449 USD. The crypto is ranked 23rd in terms of its market capitalization, with a current market capitalization of $4,308,263,454 USD. There are currently 470,099,970 LINK coins in circulation, with a maximum supply of 1,000,000,000 LINK coins.
LINK reached a record price of over $52 in mid-2021, signifying profits of more than 30,000%, in accordance with the general bullish trend in cryptocurrencies. In light of the fact that LINK is currently trading below its previous all-time peak, it may possibly be one of the cryptocurrencies to purchase during the drop.
Your Capital is at Risk.
Should You Purchase Coins On Uniswap?
There are a few noteworthy advantages that Uniswap has over centralized exchanges. It has already listed leading cryptocurrencies on its exchange and is in the process of getting some prominent coins listed on its platform. Given below, we have discussed some of its features, which can help you in deciding whether you should purchase coins on Uniswap or not.
User-Friendly Interface
Uniswap was among the first widely used decentralized exchanges due to its user-friendly functionality. Any user can easily navigate through the Uniswap app because of its excellent usability. Connecting a crypto wallet, performing an exchange, or adding a coin to a liquidity pool are all simple processes on Uniswap exchange.
Getting Interest Through Crypto-Staking
Uniswap depends on cryptocurrency funds from its customers through liquidity pools as it is a decentralized platform. Any user can stake (deposit) their coin in these pools to act as a liquidity provider. Each cryptocurrency trade is subject to a minor fee from Uniswap, which is split between all liquidity providers.
Liquidity
Lack of funding on a decentralized exchange is bad for investors and liquidity providers. It’s possible that traders won’t be able to swap the required cryptocurrency due to insufficient liquidity on the exchange. However, Uniswap resolves this issue by being the largest decentralized exchange in terms of its total value locked.
Decentralized Exchange
At Uniswap, you don’t have to complete the lengthy sign-up process to get your desired crypto.
It is not necessary for any user to provide his personal data or to open an account. You can trade or stake cryptocurrencies immediately by connecting your wallet with the platform. In the end, the anonymous exchange of tokens on Uniswap is in consonance with the principles of blockchains.
How to Buy Crypto on Uniswap?
Investors have started watching Uniswap as the leading crypto exchange for making any transaction. If you want to purchase any of the abovementioned tokens on Uniswap, then you would be required to go through the following steps for making your purchase on Uniswap:
Step 1: Install Metamask and Get ETH in Your Wallet
Getting a wallet that supports ERC-20 tokens is the starting step in this entire process. For this process, you can download and install the MetaMask wallet in your system and then transfer ETH to the MetaMask wallet in order to purchase your desired crypto on Uniswap.
Step 2: Link Your Wallet With Uniswap
Hit the “Launch App” icon when you are on the Uniswap website. Following that, press the “Connect Wallet” button in the top-right corner of the window to connect your wallet with Uniswap.
Step 3: Search For Your Desired Crypto
Once you have completed the above steps, it is time to select the crypto which you want to buy on Uniswap. Click on the “Select a Token” option on your screen and then write the name of your desired crypto in the search bar.
Step 4: Purchase Crypto on Uniswap
The setup of a straightforward swap order form is the last stage. Enter the quantity of tokens to be exchanged for the specified cryptocurrency in the blank space next to “ETH.” The Uniswap smart contract will then carry out the swap in a few seconds after getting approval of the order from the associated wallet.
Conclusion
Uniswap has been successful in giving traders the much-desired DEX experience they had been looking for. Within a few seconds, you can quickly switch any ERC-20 token without creating an account or going through any identification verification.
Considering these things, you can easily purchase the abovementioned coins from this platform. Since the crypto industry operates in a volatile environment, it is always advisable to invest in any coin after doing thorough background research.
Your Capital is at Risk.
Tamadoge – Play to Earn Meme Coin
- Earn TAMA in Battles With Doge Pets
- Capped Supply of 2 Bn, Token Burn
- NFT-Based Metaverse Game
- Presale Live Now – tamadoge.io
FAQs
What is Uniswap?
Uniswap is a decentralized exchange that is based on the Ethereum blockchain technology. To begin exchanging tokens, users only need to link their Ethereum wallet to the platform, and there is no requirement of registration per se.
Can you use Uniswap Exchange without Ether?
You will need Ether in your account to cover any transaction fees and something to exchange for the desired token in order to make your purchase.
How can you purchase coins on Uniswap?
By linking their Ethereum wallet to the exchange, choosing the trading combination for the swap, and entering the adequate amount, users can purchase coins on Uniswap.
Is it safe to use Uniswap?
Because Uniswap Exchange runs as a decentralized platform and liquidity pool and is based on Ethereum, it has the same level of protection as the Ethereum blockchain.
How much fees you have to pay on Uniswap?
At Uniswap, the cost of exchanging tokens is 0.3%. According to how much each liquidity provider contributed to the liquidity reserves, they share this fee equally.
