UNISWAP (UNIUSD) is a decentralized cryptocurrency exchange that operates on the Ethereum blockchain. It offers users the ability to trade various cryptocurrencies without intermediaries or centralized authorities. UNISWAP uses an automated market maker (AMM) system, allowing users to trade tokens directly with each other, ensuring liquidity is always available, and trading fees are distributed among liquidity providers. UNISWAP's user-friendly interface, low fees, and ability to trade a wide range of tokens have made it popular. It has also introduced its own governance token, UNI, allowing holders to participate in the platform's decision-making process. UNISWAP is a leading player in the decentralized finance (DeFi) space, with an innovative approach to trading that has attracted a large and growing user base.

Instrument specification in OANDA

Minimum order value 5.000
Description Financial Instrument which price is based on contract for exchange rate of UNISWAP to US dollar quoted on the cryptocurrency exchanges
Maximum order value 1000.000
Transaction Step 5.000
Type Cryptocurrency
Trading Hours sunday-thursday 00:00-23:00, 23:05-24:00;friday 00:00-22:00;saturday 09:00-23:00, 23:05-24:00
Contract size / 1 lot Price of 1 UNISWAP * 1 USD
Deposit required 50%
Value of 1 pip 0.00100
Financial leverage 2:1
Minimal step 0.00100
Long swap (daily) -0.09792%
Short sale YES
Short swap (daily) -0.06953%
Distance SL and TP 0
3-day swap (date) 5

Historical spreads chart UNIUSD

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