As of February 22, bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 3.07% and was trading at $23,791.57. Meanwhile, Ethereum was trading at around $1,619.98.
Uniswap, the decentralized exchange on the Ethereum blockchain, recently made headlines for its entry into the world of non-fungible tokens (NFTs). NFTs are unique digital assets that can represent anything from art to music, and their popularity has exploded in recent years. Now, Uniswap is allowing users to trade NFTs on its platform using its native token.
Uniswap’s entry into the NFT space is significant for several reasons. Firstly, it marks a major expansion of the platform’s capabilities, as it previously focused entirely on trading cryptocurrencies. Second, it highlights the growing importance of NFTs in the blockchain ecosystem, as more and more platforms are integrating them into their offerings.
To use Uniswap’s new NFT trading feature, users must first connect their Ethereum wallet to the platform. They can then browse a variety of NFTs, from rare collectibles to digital art pieces, and trade them using Uniswap’s native token, known as UNI. This means that users can now buy and sell NFTs without the need for centralized exchanges or third-party platforms. Major cryptocurrencies trading as of 09:00 AM IST, February 23, 2023:
Bitcoin: $24,846.26
+1.54%
Ethereum: $1,698.94
+1.31%
Tether: $1.02
-0.21%
USD Coin: $1.00
+0.26%
BNB: $317.77
+1.52%
XRP: $0.401
+1.65%
Dogecoin: $0.08755
+1.21%
Cardano: $0.3982
+1.20%
Polygon: $1.43
+3.01%
Polka Dots: $7.46
+2.66%
Tron: $0.06974
+1.10%
Litecoin: $97.19
+1.13%
Shibu Inu: $0.00001369 USD
+4.03%