Does uniswap really believe ? - page 2.

carlisle1

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Quote from: Bitum on November 08, 2020, 12:17:48 PM

There are currently a lot of videos on youtube where everything is explained and shown step by step. You just have to take your time and watch the videos, then it might become clearer to you for a few moments

Actually this was post when the Uniswap thing starts to boom and i'm sure OP is looking for a chance to at least go with the flow thats why he asked this one.
and Watching Youtube videos wont save you from becoming a victim in case this is scam thats why OP is asking so he can have good answers and will save him for any chance of losing money.
this forum is open for every question and there are many experts that can provide rightful answers.

Bitum

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There are currently a lot of videos on youtube where everything is explained and shown step by step. You just have to take your time and watch the videos, then it might become clearer to you for a few moments

rodskee

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Quote from: Rodeo02 on November 01, 2020, 07:48:59 AM

Quote from: rodskee on October 31, 2020, 11:50:44 PM

Quote from: BSY_Bestay on September 10, 2020, 11:49:28 PM

Hi,

You guys understand Uniswap?

i think the answers lies on the first 2 respond?it was enough to understand the question you are putting here.

Also u only use this as exchange when some of my Shitcoin needs to be converted to ethereum and then will go to bitcoin or other alt that i wanted to stay on hand.

I remember etherdelta from this exchange, they have many users now because many new project want to be there, even those defi project want to list it there.but in the end it will be forgotten if they only list shit tokens in their exchange and once many scammers make their platform as a way to sell shit tokens ,I wish they can upgrade the program and choose and only project to list and not accepting any that want to be there just because they want to sell it to investors.

Exactly mate as the exchange must be reliable and basing their acceptance depend on the quality of coins and the team and not just because they can pay the listing fee because scammers can have fund for this to looks like legit.
and in the end the effect is in exchange by listing BS projects.
We must learn to qualify our investments depends on their long time purpose and not just because Defi is now trending(anyway they are not and starting to fall now)

tabas

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Quote from: Shakil29 on November 06, 2020, 11:45:29 AM

It is an exchanger. And they give a lot of benefits to the customers. They give the best service of all time. I have also exchanged tokens many times. The exchanger is really good. So, there is nothing to disbelieve here.

What you need to be aware of is that there are tokens that are fake which you need to avoid. I've read several people complaining about fake tokens listed there.
If you're a fanatic of token and you usually invest in it and use Uniswap, always check before trading.

shinratensei_

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Quote from: Shakil29 on November 06, 2020, 11:45:29 AM

It is an exchanger. And they give a lot of benefits to the customers. They give the best service of all time. I have also exchanged tokens many times. The exchanger is really good. So, there is nothing to disbelieve here.

this exchange site can be trusted. If uniswap was not a trusted exchange site and there would be billion dollars of money being locked on the liquidity pool on uniswap.
People should try to do deep research before trying to make a conclusion regarding it. I hope that he has changed his opinion about uniswap. UNI token has listed in almost all exchange sites.
You are not the only people who have tried this service and hundred times I have exchanged various tokens and actively trading on uniswap too.

Ebullientfellow

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Uniswap is a decentralized exchange that enables traders to swap their tokens for ETH or any other token pair such as USDC/UNI etc paired with the token.

Anyone can swap via Uniswap and/or provide liquidity to any token to earn LP rewards.

Guide on how to use Uniswap: https://blockchain.news/wiki/how-to-use-uniswap-step-by-step-guide

Shakil29

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It is an exchanger. And they give a lot of benefits to the customers. They give the best service of all time. I have also exchanged tokens many times. The exchanger is really good. So, there is nothing to disbelieve here.

Fatunad

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Quote from: Ridwan Fauzi on November 01, 2020, 10:19:28 AM

Quote from: BSY_Bestay on September 10, 2020, 11:49:28 PM

Hi,

You guys understand Uniswap?

What's your problem?

There are a lot of ways to know how Uniswap work correctly, like in youtube or some article out there you can learn by that.

DeFi system has been booming right now and decentralized exchange will be loved by most crypto user now. Uniswap is one of the few DEXs frequented by many users. But I just give you a suggestion, before you know DeFi system is and even you didn't know the crypto currency as a whole don't be tempted to spend your money. Understood first how it works and you will be fine to choose a new project that you interested.

Basing up on the date on where he posted then its clear that he had still doubts with Uniswap that time which i cant really blame up people if they do have that kind of feelings
or perception in first encounters yet we know that it is really just new that time and the asked fees were too high.Just take a look on what happened into those who early
believe with UNISWAP where it did able to get some nasty airdrop cost of $1400 as far as i remember.So op now is already believing and yet totally to get back again
into this thread and might really have some changed of mind and words towards it.

Lordhermes

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Oh mate, it seems you think uniswap is a scam exchange or something you really want to known more about?, actually, it's a highly liquidated decentralized exchange for swapping different kinds of coins, it had been the best for decentralized finance (Defi) which is the latest investment protocol in the crypto space.

It contains million of users if I'm not mistaking that trades on it on a regular basis, there are so many staking rewards available on uniswap there investors provide Liquidity pool to maintain their DeFi coin price. You can research more on uniswap and surely you will feel the breeze of confidence when swapping your desired coin.

(o)(o)ilikeboobs(o)(o)

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UNISWAP is a self-operated exchange based on protocols. We can lock in liquidity and exploit DEFI projects to make a profit. Any project can be listed on UNISWAP without any unreasonable fees. The drawback of UNISWAP is that there are many bad projects with extremely low liquidity and rate manipulation games coming from ETH whales.

Ridwan Fauzi

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Activity: 1330

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Quote from: BSY_Bestay on September 10, 2020, 11:49:28 PM

Hi,

You guys understand Uniswap?

What's your problem?

There are a lot of ways to know how Uniswap work correctly, like in youtube or some article out there you can learn by that.

DeFi system has been booming right now and decentralized exchange will be loved by most crypto user now. Uniswap is one of the few DEXs frequented by many users. But I just give you a suggestion, before you know DeFi system is and even you didn't know the crypto currency as a whole don't be tempted to spend your money. Understood first how it works and you will be fine to choose a new project that you interested.

Rodeo02

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Quote from: rodskee on October 31, 2020, 11:50:44 PM

Quote from: BSY_Bestay on September 10, 2020, 11:49:28 PM

Hi,

You guys understand Uniswap?

i think the answers lies on the first 2 respond?it was enough to understand the question you are putting here.

Also u only use this as exchange when some of my Shitcoin needs to be converted to ethereum and then will go to bitcoin or other alt that i wanted to stay on hand.

I remember etherdelta from this exchange, they have many users now because many new project want to be there, even those defi project want to list it there.but in the end it will be forgotten if they only list shit tokens in their exchange and once many scammers make their platform as a way to sell shit tokens ,I wish they can upgrade the program and choose and only project to list and not accepting any that want to be there just because they want to sell it to investors.

alexsandrk20

jr. member

Activity: 35

Merit: 2

Quote from: Vaskiy on October 31, 2020, 06:13:08 PM

As you said it has got high commission, but it functions with legitimacy. Particularly for people who find it hard to change their holdings through the trading process can make use of it with ease. The chance of fake contracts is very low, because before adding a single token to the list its been cross checked for legitimacy. You need to be careful handling the commission, apart from that there is no big caution need to be taken.

There are 10 fakes for 1 official contract. You can see for yourself how counterfeit coins are stamped and in what quantities https://t.me/AllUniSwapListings. There is also a fraud liquidity, which may remove at any time, what scammers do

Contracts are not verified for uniswap. Many people fall for the tricks of scammers when they cannot exchange the purchased coins back for Ether. I myself have lost 2 ethers in this way. This is a cautionary tale for beginners to be careful when trading. I'm not saying that the exchange is bad, I'm just warning you.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: alexsandrk20 on October 31, 2020, 05:25:32 PM

1. High commission

What the hell are you talking about? The fees for transaction is only 0.3%/per trade. The ethereum gas fees are not to be considered here because that is a part of the blockchain that you are using. That is different from Uniswap, that fee is not even for running Uniswap but to run the Ethereum blockchain.

Quote

2. Lots of fake contracts where you can lose your funds.

If you are careless you will fall into those. But when money is on the line you should make a list of the tokens that you have and contract addresses, so you dont make a mistake there. Again a problem from your end not the site's end.

Quote

3. Lots of bots

Bots only take part in trading. They dont influence the functionality of the site. They may move the market, but that will happen with any other exchange. Not something that the site can change or has control over.

Quote

You need to trade with extreme caution.

You need to learn some things better if you wish to trade with ease. Roll Eyes

rodskee

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Activity: 2520

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Quote from: BSY_Bestay on September 10, 2020, 11:49:28 PM

Hi,

You guys understand Uniswap?

i think the answers lies on the first 2 respond?it was enough to understand the question you are putting here.

Also u only use this as exchange when some of my Shitcoin needs to be converted to ethereum and then will go to bitcoin or other alt that i wanted to stay on hand.

Vaskiy

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Quote from: alexsandrk20 on October 31, 2020, 05:25:32 PM

Quote from: Alamin9884 on September 28, 2020, 09:47:19 AM

Uniswap is an exchange. This is the best exchanger I've ever seen. Its very easy to exchange tokens. Uniswap provides a great airdrops up to 1k usd for users.

It has several disadvantages
1. High commission
2. Lots of fake contracts where you can lose your funds.
3. Lots of bots
You need to trade with extreme caution.

As you said it has got high commission, but it functions with legitimacy. Particularly for people who find it hard to change their holdings through the trading process can make use of it with ease. The chance of fake contracts is very low, because before adding a single token to the list its been cross checked for legitimacy. You need to be careful handling the commission, apart from that there is no big caution need to be taken.

alexsandrk20

jr. member

Activity: 35

Merit: 2

Quote from: Alamin9884 on September 28, 2020, 09:47:19 AM

Uniswap is an exchange. This is the best exchanger I've ever seen. Its very easy to exchange tokens. Uniswap provides a great airdrops up to 1k usd for users.

It has several disadvantages
1. High commission
2. Lots of fake contracts where you can lose your funds.
3. Lots of bots
You need to trade with extreme caution.

sabingurung

newbie

Activity: 310

Merit: 0

Of course, I believe. It is the famous dex exchange for swapping ERC 20 tokens without the need of buyer and seller. The interface is also so easy to use. The only problem is ethereum gas fees is high now a days

MAAManda

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Quote from: BSY_Bestay on September 10, 2020, 11:49:28 PM

Hi,

You guys understand Uniswap?

Yes i understand dude, and you must believe on them... on several meeting of Vitalik, he wear clothes with Uniswap (Unicorn) logo...

Alamin9884

member

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Merit: 10

Uniswap is an exchange. This is the best exchanger I've ever seen. Its very easy to exchange tokens. Uniswap provides a great airdrops up to 1k usd for users.

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