Uniswap is surging
China banning Bitcoin and crypto might be very bullish for Defi. Where are all the Chinese going to put their crypto if they can't always access centralized exchanges? They are going to put it into Liquidity Pools, they are going to stake high yield tokens, and they are going to put it all in cold storage. Well, at least they should. It is time to get a hardware wallet and take your password offline.
If the population of China can't access centralized exchanges like Huobi and Binance, they will start to use Defi. They will hide their money in Bitcoin, Monero, Ethereum tokens, and Defi. It might also be a good idea to check out Incognito wallet. Incognito will help you detach your blockchain activity from your centralized exchange account.
Back to the topic at hand, Uni is surging while all other tokens are getting kicked. I am now in Uniswap and Pancakeswap exclusively. If Uniswap goes up, Pancake should follow eventually. They basically do the same thing and BSC is way more fun.