Topic: Is UNISWAP the future of DEX? (Read 453 times)
Eth high gas fee is affecting uniswap, why is no one talking about this already? This is why pancake swap and others that relies on BSC are presently better, I hope ETH gas fee will be fixed by July maybe we will be better difference between BSC and ETH finally
Swap trading is a very popular thing in the present which may be an alternative way of trading in the future, which may also; it will swipe some markets where the gas cost is too large, will be displaced by swap trading which of course with the support of very low fees.
Or will this be temporary fame due to the intense competition
Or will this be temporary fame due to the intense competition
Regardless of all the promises that would come through halvening of ethereum, Gas prices, transaction speed continues to trail and discourage mass usage of ethereum network and DEXs.
Members of the Uniswap community supported the launch of the third version of the decentralized exchange on the Ethereum network-the second level solution Arbitrum,, the owners of 41.35 million UNI were in favor of approval.
I believe there is more dex that is making a fork of uniswap but adding more useful tools. no wonder it is one of the most popular Dex but for transaction cost right now it's too high and traders are going for pancakeswap that is based in BSC blockchain the cost of the transaction of the swap is cheaper I believe more project is migrating to BSC due to the cheap gas price
I concur with this. In some cases, the exchange expense charges even at $5, and that is not worthy. A lot of reserves to save on doing a few exchanges, yet besides this everything is smooth. I generally utilized idex and forkdelta, yet once the uniswap gets well known, I inquisitive what it is, at that point gave it a shot and I'm happy with how it functions. Presently numerous stages are replicating their style and presumably, uniswap could be a top dex outperforming top tasks.
unless they make a newer blockchain, faster with lower fee , It's been a while I haven't used uniswap though since the gas fee is too much and it doesn't really worth it!
The popularity that has already achieved by UNISWAP has come from the ethereum. That's why UNI will never leave from ethereum's ecosystem but i think that if UNI will be supported the more chains to be added on its ecosystem as we know that if there are so many new blockchains right now.
Just try to bring more chains to the UNI will be enough to give more alternative for people to use another chain when ether chain was getting clogged.
When a project offers unique features it will attract a whole lot of users, this is just the truth behind most of these projects be it an exchange or others. Uniswap in this case, offers liquidity pool which I do not think has been done by other Dex. And with its Liquidity which looks good most Defi projects now list there because it offers what they want. Yes I will agree with you, Uniswap have taken over from other Dex and gradually it will challenge most centralized exchanges, it is just a matter of time. Nevertheless, the issue of Ethereum network fee being high is another turnoff for some people which needs to be looked into; but from all indications Ethereum is still the best blockchain which makes Uniswap still sticking with it.
I agree on this one and that what makes them unique which did really spark out people here on crypto had some interest on it.Some might say that it isnt something new but basing off on features then you can really say that its quite relevant and useful.When we do talk about future then theres no assurance for it to replace the old but it does really have the chance to become the new trend or system at the moment when it comes to DEX.So far its been doing pretty well
as day goes by and it do gain up trust compared to those projects that arent really making or offering something new.
When a project offers unique features it will attract a whole lot of users, this is just the truth behind most of these projects be it an exchange or others. Uniswap in this case, offers liquidity pool which I do not think has been done by other Dex. And with its Liquidity which looks good most Defi projects now list there because it offers what they want. Yes I will agree with you, Uniswap have taken over from other Dex and gradually it will challenge most centralized exchanges, it is just a matter of time. Nevertheless, the issue of Ethereum network fee being high is another turnoff for some people which needs to be looked into; but from all indications Ethereum is still the best blockchain which makes Uniswap still sticking with it.
What makes people happy is doing a transaction with a considerable less fees, lately eth has made it impossible to experience less fees, i think many people won't find uniswap as great as many would want it to be because of the high fees, the reason why many people miss out on their airdrop, honestly, I can't imagine paying such high fees to do any transaction, it is not fair, blockchain and crypto is suppose to be cheaper than traditional transaction but eth has manage to change that.
I would like to say yes , but with this ethereum gas fee and this delay in transaction, no , unless they make a newer blockchain, faster with lower fee , It's been a while I haven't used uniswap though since the gas fee is too much and it doesn't really worth it!
agree with you, with the current high fees it looks like it would be better to use another blockchain...in terms of cost and speed, trc-20 is better than erc-20. fee is an obstacle for all traders.
I would like to say yes , but with this ethereum gas fee and this delay in transaction, no , unless they make a newer blockchain, faster with lower fee , It's been a while I haven't used uniswap though since the gas fee is too much and it doesn't really worth it!
I never trade on Uniswap but now it seems more popular and I tried in the last few days, I think it is easier to use than forkdelta or idex, now uniswap users get free uni tokens, and uniswap will become even more popular.
UNI tokens have already listed in almost all of the major exchange sites ad that shows us about how popular the uniswap right now. There are bunch of the swap services but the only uniswap that can atract billion volume to go back to the dex called uniswap service again. that needs a few steps to trade on the uniswap but the problem is you can't see the detail of the market on the uniswap.
I know that there's an information site for uniswap too but it's not so complete as cex.
Congrats to all traders who are using uniswap before September 1 and has trade history on v1/v2 you can now claim your free 400 UNI tokens approximately more or less 1000 usd wow..got mine haha.
Lucky for those people who do make trades on uniswap before September 1.I had missed out this opportunity yet we know that fees into those days wayback are horrible thats why i havent consider on touching this one that time.Well its too late to regret and good for those who trust up on using them into those early days.
I didnt expect for them to be this big and getting much attention due to this airdropped thing.To think on who the hell would give you out $1400?
I never trade on Uniswap but now it seems more popular and I tried in the last few days, I think it is easier to use than forkdelta or idex, now uniswap users get free uni tokens, and uniswap will become even more popular.
Its just easy but the fees do really put me away but we know that it cant really took the blame considering on the current network condition which is congested.
For uniswap possible consideration or popularity then i can say that this one would really have the chance.
I never trade on Uniswap but now it seems more popular and I tried in the last few days, I think it is easier to use than forkdelta or idex, now uniswap users get free uni tokens, and uniswap will become even more popular.
Yes you can see compare to other dex or even cex uniswap has really huge liquidity meaning you can exchange your token in an instant even in large volume even in million dollar like the example in OP.
I never trade on Uniswap but now it seems more popular and I tried in the last few days, I think it is easier to use than forkdelta or idex, now uniswap users get free uni tokens, and uniswap will become even more popular.
Congrats to all traders who are using uniswap before September 1 and has trade history on v1/v2 you can now claim your free 400 UNI tokens approximately more or less 1000 usd wow..got mine haha.
This swap service totally pegged with the blockchain and it can't be manipulated but the only problem is this swap service is not doing any verification for the token listing.
Thats how dex works. But I agree uniswap should at least have some verification or screening method of projects being listed cause running away by the fake projects are so easy with no ties up. you already said it or should i say it again ? this is how decentralize roll .
thats one of their disadvantage which got people turned off . cant you guys see that most weak projects are often get listed on dex'es . uniswap is popular and this exchange can really be the future of dex'es if it keeps its momentum but its also early , as the trend for decentralization is only starting and for sure there are going to be new dex realeses soon .
This swap service totally pegged with the blockchain and it can't be manipulated but the only problem is this swap service is not doing any verification for the token listing.
Thats how dex works. But I agree uniswap should at least have some verification or screening method of projects being listed cause running away by the fake projects are so easy with no ties up. They can even remove liquidity if they want. Im sort of a trader who loves a trading chart and stop loss functions. But when I experienced uniswap its good and very easy to use. Im trying it to buy sometime using trustwallet app dApp and very convenient for me. The volume on Uniswap is massive even with the single chain, this shows how DEX is still acceptable and attractive. IDEX would have been a competitor if not the removal of anonymity, I just hope the exchange could theirs as well. I also think the exchange should be aware of security, the single hack on Etherdelta is responsible for decline state of the exchange till today. DEFI is enjoying the high volume trade as project mostly built on ethereum blockchain
Yeah and you know the best thing in Uniswap is you cannot fake volume in here like most exchanges are doing using a lot of bots to make volume huge but the fact is its totally fake this dex can actually surpass Binance volume look at ampl token Kucoin has nothing compared to Uniswap. This swap service totally pegged with the blockchain and it can't be manipulated but the only problem is this swap service is not doing any verification for the token listing.
Jump to: