UniSwap developers said that with the latest feature, UniSwap customers will no longer face pop-ups and trading windows.
Uniswap is a leading and popular decentralized cryptocurrency exchange that uses a series of open source smart contracts to execute cryptocurrency token trading. Although this platform falls under the DeFi product category, it has been criticized several times due to misuse of the platform.
On February 27, 2024, the UniSwap team announced the introduction of the UniSwap extension. As of now, the first browser appears in the sidebar of the UniSwap interface.
Currently, the waitlist is only available to UniSwap users who have requested a uni.eth username.
The beta version of the Uniswap extension is still available upon username request.
Simply put, this new feature allows UniSwap customers to trade cryptocurrency tokens directly from their self-custodial cryptocurrency wallets through the UniSwap platform.
However, while this is not a new service for UniSwap customers, it will create a different level of cryptocurrency trading experience.
Before UniSwap customers had to go through third-party extensions, most wallet extensions were stuck in the past with outdated UX paradigms and clunky onboarding flows.
However, this new official feature of UniSwap has been released and is only available to a limited number of customers, but it will definitely take some time for the UniSwap team to allow all UniSwap users.
According to Erin Koen, Head of Governance at the Uniswap Foundation, the UniSwap extension will help with the immutability of the Uniswap DEX, optimize its security, and preserve its ability to experiment in the future.
Immutability helps eliminate the risk of bugs occurring and user funds being hacked in the future.
Uni Token Price Action
The current trading price of Uni, the native token of the UniSwap cryptocurrency exchange, is $11. The price of this transaction has increased by 46% in the last 7 days.
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