Buy Smaller Cryptocurrencies with Uniswap

Dimitrios Gourtzilidis
3 min readDec 6, 2020

Coinbase is one of the most popular platforms that people use to buy cryptocurrencies. The problem is that a Coinbase user doesn’t have access to many buying choices. Of course, one can always choose other exchanges like Binance and Kraken, but a Coinbase fan like me can access these alternative choices with Uniswap.

The image has been taken from https://uniswap.org/

What is it?

Uniswap has been developed by a small team of developers from all around the world. It is a protocol that enables anyone to exchange ERC-20 tokens on the Ethereum platform. It is open-source and licensed under GPL, and Uniswap is decentralized. The protocol is defined, in their words, as:

“..an automated liquidity protocol powered by a constant product formula and implemented in a system of non-upgradeable smart contracts on the Ethereum blockchain.”

How to use it?

For this tutorial, I am going to use my Coinbase wallet, and I am going to blur some information that I believed had to stay private.
After opening your wallet, click in the middle four-square icon, down at the bottom of the application.

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