As of February 22, Bitcoin, which is the cryptocurrency with the largest market capitalization, experienced a 3.07% drop and was trading at $23,791.57. Meanwhile, Ethereum was trading at approximately $1,619.98.
Uniswap, the decentralized exchange on the Ethereum blockchain, has 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. Uniswap now allows users to trade NFTs on its platform using their native tokens.
Uniswap's move into the NFT space is significant for several reasons. First, it marks a huge expansion of the platform's capabilities, as it previously focused solely on cryptocurrency trading. Second, it highlights the growing importance of NFTs in the blockchain ecosystem, as more and more platforms integrate them into their offerings.
To use Uniswap's new NFT trading feature, users must first connect their Ethereum wallets to the platform. They can then explore a variety of NFTs, from rare collectibles to pieces of digital art, and trade them using Uniswap's native tokens, known as UNI. This means that users can now buy and sell NFTs without the need for a centralized exchange or third-party platform. The major cryptocurrencies are trading as follows as of 9am IST, Feb 23, 2023:
Bitcoin: $24,846.26
+1.54%
Ethereal: $1,698.94
+1.31%
Tether: $1.02
-0.21%
USD Currency: $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%
