[APAC] Crypto Spotlight: Have you met UNI yet?

We’re super excited to have YFI and UNI in the Wirex app. To celebrate their arrival, we’re offering 0% exchange fees on these tokens for a whole month.*

We’re also offering a bonus of $5 when you buy $50 worth of UNI via debit or credit card!
Now that’s a warm welcome!**

Without further ado, let us introduce you.

Say hello to UNI

Meet UNI. It was launched in 2018 by Hayden Adams and runs on the Ethereum blockchain. UNI aims to help you buy and sell crypto assets, in a way that’s similar to a traditional exchange. Think of when you go on holiday and exchange your local currency – only this time it’s with crypto.

What does it do?

UNI allows you to deposit crypto assets via smart contracts. A pool is then created where others can access and trade against it. From there, a fee is paid which is then distributed to all liquidity providers, depending on how much they contributed.


Crypto Spotlight UNI Promotion APAC Terms & Conditions
The following terms and conditions (“Terms”) shall apply to the Crypto Spotlight UNI Promotion (the “Promotion”) which is offered by Wirex Pte Ltd in the Asia Pacific (“APAC”) region (“Wirex”):
1. The Promotion will run from 00:01AM (BST) on 31st May 2021 until 11:59 (BST) on 6th June 2021 (the “Promotion Period”).
2. This Promotion is only open to verified users of the Wirex Service (as defined by the applicable Wirex terms & conditions: Wirex | Making currencies equal and available to everyone) resident in the APAC region (excluding Singapore) (“Eligible Participants”). For the avoidance of doubt, no other users of the Wirex Service are eligible for this Promotion.
3. The Promotion applies to Eligible Participants who makes a UNI cryptocurrency purchase with a minimum exchange value of at least US$50 via debit or credit card in the Wirex app during the Promotion Period (“Qualifying Transaction”).
4. Any Eligible Participants who make a Qualifying Transaction prior to or after the Promotion Period will not be counted.
5. Qualifying Transactions are limited to one per customer during the Promotion Period.
6. The Reward will be paid to all Eligible Participants who make a Qualifying Transaction within the Promotion Period (“Qualifying Participants”).
7. The Reward will be transferred to Qualifying Participants’ accounts within 30 Working Days of the end of the Promotion Period. Once a Qualifying Participant has received the Reward, it can be converted to traditional fiat currency through the Wirex Service.
8. “Reward” means the WXT equivalent to USD$5 which will be calculated by an exchange rate set by Wirex from time to time in its absolute discretion. For the avoidance of doubt, there is no specified total Reward amount for this Promotion and the Reward may be amended or cancelled by Wirex at any time.
9. “UNI” means the Uniswap Ethereum token cryptocurrency available through the Wirex app in the APAC region (excluding Singapore).
10. “US$” means United States Dollar.
11. “Working Day” means Monday to Friday, excluding weekends and any public holidays when the banks of England are closed for business.
12. Subject to applicable law, Wirex will not under any circumstances be liable to compensate Wirex users, Eligible Participants, Qualifying Participants or other third parties for any losses or damages occurring as a result of their participation or engagement with this Promotion.
13. Wirex may, at its sole discretion, revise any of these Terms or terminate this Promotion at any time without prior notice to Wirex Users, Eligible Participants, Qualifying Participants or other third parties.
14. This Promotion is launched by Wirex independently and there are no partnerships between Wirex and any merchant or other third parties relating to this Promotion.
15. The Terms of this Promotion are governed by the laws of England and the parties irrevocably agree that the courts of England shall have exclusive jurisdiction to hear, settle and/or determine any dispute, controversy or claim (including any non-contractual dispute, controversy or claim) arising out of or in connection with this Promotion.