Uniswap has launched a new feature allowing users in over 180 countries to easily cash out cryptocurrency directly to bank accounts.
Uniswap's New Crypto Offramp Feature
Thanks to integrations with services like Robinhood, MoonPay, and Transak, users can now cash out their crypto assets via Uniswap without extra steps. This simplifies the process, avoiding errors associated with long wallet addresses and minimizing the risk of losing funds.
Effortless Conversion Process
The process of converting cryptocurrency to cash via Uniswap is intuitive. Users open the latest version of the Uniswap wallet on iOS or Android, tap the 'Buy/Sell' button, switch to 'Sell', select the crypto to convert and their preferred off-ramp provider. After completing the transaction, cash lands in the bank account. If the selected crypto isn’t supported for off-ramping, Uniswap will prompt users to choose another asset.
Expanding Uniswap's Capabilities
Uniswap is now available on the Monad Testnet, expanding capabilities for users and developers exploring new blockchain ecosystems. Currently, Uniswap supports only a few testnets: Unichain, Sepolia, and Monad Testnet. This integration allows users to test and experiment with Uniswap features in a low-risk environment.
Uniswap's new off-ramping feature provides users with a convenient and secure way to convert crypto to cash, simplifying digital asset handling and opening new avenues for exploration and experimentation in the risk-free environment of testnets.
