Unisuap Crypto Exchange Integrates Blockchain Base
Date: 2023-08-09 Author: Karina Ziganova Categories: BLOCKCHAIN, CRYPTO PAYMENTS
Decentralized cryptocurrency exchange (DEX) Uniswap announced the integration of the Base blockchain from the Coinbase cryptocurrency exchange into the platform web application.
“We are pleased to announce that Base is now live on the Uniswap web app. You can add liquidity or make an exchange on the underlying network directly from the Uniswap web app.
In addition, users will be able to deposit and withdraw assets through Base. Ethereum wallet owners such as Coinbase Wallet, MetaMask, and Rainbow Wallet can take advantage of the feature. The transfer from Base to Ethereum takes approximately 7 days. This is a security feature designed to keep Base secure.
“If you prefer not to wait, you can use a third-party bridge that allows you to transfer assets much faster,” Uniswap said.
The emergence of the blockchain on the platform will provide seamless integration with Coinbase, as well as easy fiat deposit and access to millions of verified users in the Coinbase ecosystem, Uniswap emphasized.
“Base is an easy way for decentralized applications to use Coinbase products and distribution,” the DEX team concluded.
Base integration with Coinbase
Earlier, Coinbase announced the integration of Base into its ecosystem. Starting August 9, Base's mainnet should go public. The blockchain from the crypto platform will allow you to register without using developer tools.
“Over the next week, you will begin to see dapps in the network ecosystem enable Base support and launch new ones,” the blockchain said in a post.
Coinbase Plans on Base
In May, the cryptocurrency exchange announced that it had no plans to issue a separate token for its Base sidechain. Instead, the platform team is going to focus on preparing for the launch of the main network. In particular, the trading platform wants the network to be checked by auditors.
With the launch of the mainnet, Coinbase wants to focus on supporting developers. The exchange is going to keep in touch with developers on different platforms, including Discord.
