Topic: (GUIDE) How to trade on uniswap correctly - page 2. (Read 496 times)
There is also a necessity to "approve" tokens before being able to make a swap. People should be aware of it because it can be a negative surprise if you are in a situation of dumping/buying a newly listed token and time is of the essence. Also the slippage settings can be important in some situations, but I guess this guide is more about how to identify the correct ETH contract.
In recent days the trading volume of Uniswap is getting increased like mad, it even went near the value of top centralized exchange but it doesn't mean every token traded there is real one.Personally never used UNISWAP because I am not buy any of those shit tokens due to the recent hype but this guide will be helpful for the altcoin lovers especially for the short hands.
This is why people should use REN and not YAM.
So, you search for the yam on Uniswap and you're presented with both fake and real yams? (almost thesame problem Uniswap creator or users complained about concerning Google Search letting fake Uniswap exchanges appearing on its search result).
I wonder if it's a good idea to allow the fake ones appear on the search result when people search for real one on Uniswap exchange. It is not in my opinion.
I think by now there should be ways to filter out the fake ones that have the intention to scams the exchange user. I don't think it's hard thing to do/fix.
I wonder if it's a good idea to allow the fake ones appear on the search result when people search for real one on Uniswap exchange. It is not in my opinion.
I think by now there should be ways to filter out the fake ones that have the intention to scams the exchange user. I don't think it's hard thing to do/fix.
thanks a lot for this guide my friend
personally i confuse about how to trade in uniswap,
so, i never trade there, even i want to buy some alt in uniswap, but because i don't know how to trade there, i never buy the alt,,
Check out any guide, this is the easiest exchange in the world personally i confuse about how to trade in uniswap,
so, i never trade there, even i want to buy some alt in uniswap, but because i don't know how to trade there, i never buy the alt,,
https://www.youtube.com/watch?v=dcZ7kVC2-6g
Install Metamask Wallet for your browser.
https://metamask.io
I use a more secure option, connecting a hardware ledger wallet to the metamask wallet, and confirm all transactions by pressing the keys. This provides additional security.
It is better to figure it out now, because when you see a great investment opportunity, you will not have the experience and skills to carry out the transaction, or you will simply make mistakes (setting the wrong commission, etc.)
thanks a lot for this guide my friend
personally i confuse about how to trade in uniswap,
so, i never trade there, even i want to buy some alt in uniswap, but because i don't know how to trade there, i never buy the alt,,
personally i confuse about how to trade in uniswap,
so, i never trade there, even i want to buy some alt in uniswap, but because i don't know how to trade there, i never buy the alt,,
This guide makes a lot of sense OP, especially for newbies to uniswap. Sometimes tokens with same ticker might not be copycat of the real one, and sometimes might be from scammers attempting to lure in people to buy their fake copycat tokens, but it's your duty as a trader to know the correct smart contract address for the token you want to trade. This is the more reason why uniswap gives the warning ⚠ to avoid regrets if you swap the wrong token.
I am a frequent user of uniswap I say this is a great tutorials. Im accesing my uniswap via trustwallet and soemtime via metamask to be safe.
The problem with other people being scammed is the ability to rush thing when it comes to smart contract. Sometime, they just copied any smart contract on social group which is not announced by the team and will complained about them being scammed. This is the most problem on most users.
The problem with other people being scammed is the ability to rush thing when it comes to smart contract. Sometime, they just copied any smart contract on social group which is not announced by the team and will complained about them being scammed. This is the most problem on most users.
Thank you for making this one, I notice that some of the new coins now in the market or some IEO/ICO are in talks with UNISWAP? I got more curious about this one, and probably will browse in their website, I think they offer some things that other exchanges do not have.
Because its easy to integrate on dex like uniswap using an atomic swap exchange. Compared to previous dex, direct swapping is easier and mostly can be done within minutes unlike forkdelta that you need to wait for your orders to be filled. Very easy and convenient.
Thank you for making this one, I notice that some of the new coins now in the market or some IEO/ICO are in talks with UNISWAP? I got more curious about this one, and probably will browse in their website, I think they offer some things that other exchanges do not have. Most of the project that I know has a low supply and if I am not mistaken they launch their IEO in there, and they have succesfully sold all of their tokens.
Uniswap discussion
There are many scammers on uniswap who sell tokens with the same name. If you purchase such a token, you will incur losses.
This small guide will help you not to lose your money.
On the
https://uniswap.info/home
enter YAM into the search bar and find a lot of tokens.
Which one is the real one?
You need to go to coingecko or coinmarketcap, or better at 2 services at once and find the address of the smart contract
https://www.coingecko.com/en/coins/yam-v2
https://coinmarketcap.com/currencies/yam-v2/
Result:
https://etherscan.io/token/0xaba8cac6866b83ae4eec97dd07ed254282f6ad8a
https://etherscan.io/token/0xaba8cac6866b83ae4eec97dd07ed254282f6ad8a
https://ethplorer.io/address/0xaba8cac6866b83ae4eec97dd07ed254282f6ad8a
In 2 cases, we receive the address of the smart contract:
0xaba8cac6866b83ae4eec97dd07ed254282f6ad8a
Now let's go to uniswap:
https://uniswap.info/token/0xaba8cac6866b83ae4eec97dd07ed254282f6ad8a
Press the button "I understand"
A new page will open.
After clicking on the "trade" button you can trade on the uniswap exchange.
https://app.uniswap.org/#/swap?inputCurrency=0xaba8cac6866b83ae4eec97dd07ed254282f6ad8a
Be careful and do not fall for the tricks of scammers.
Disclaimer: Token YAM is used as an example. This article is for educational purposes and does not constitute investment advice.
There are many scammers on uniswap who sell tokens with the same name. If you purchase such a token, you will incur losses.
This small guide will help you not to lose your money.
On the
https://uniswap.info/home
enter YAM into the search bar and find a lot of tokens.
Which one is the real one?
You need to go to coingecko or coinmarketcap, or better at 2 services at once and find the address of the smart contract
https://www.coingecko.com/en/coins/yam-v2
https://coinmarketcap.com/currencies/yam-v2/
Result:
https://etherscan.io/token/0xaba8cac6866b83ae4eec97dd07ed254282f6ad8a
https://etherscan.io/token/0xaba8cac6866b83ae4eec97dd07ed254282f6ad8a
https://ethplorer.io/address/0xaba8cac6866b83ae4eec97dd07ed254282f6ad8a
In 2 cases, we receive the address of the smart contract:
0xaba8cac6866b83ae4eec97dd07ed254282f6ad8a
Now let's go to uniswap:
https://uniswap.info/token/0xaba8cac6866b83ae4eec97dd07ed254282f6ad8a
Press the button "I understand"
A new page will open.
After clicking on the "trade" button you can trade on the uniswap exchange.
https://app.uniswap.org/#/swap?inputCurrency=0xaba8cac6866b83ae4eec97dd07ed254282f6ad8a
Be careful and do not fall for the tricks of scammers.
Disclaimer: Token YAM is used as an example. This article is for educational purposes and does not constitute investment advice.
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