Topic: Uniswap (Read 1380 times)
The fees has reduced and uniswap coins are doing well if you get in at the right time. Like I do say always know when to get into a project to avoid missing out. Uniswap projects has really given many good profits and has also sent many to village by liquidating them so know what do buy and when to buy it.
At times I use the Uniswap exchange and the whole process of exchanging cryptocurrencies is, of course, very fast and reliable, but unfortunately, to exchange any cryptocurrency on this exchange, you have to pay big fees and this is of course a huge problem, but these fees also of course depend from the congestion of the Ethereum network.
I have tried using Uniswap a couple of times and it wasn't that bad. The liquidity it provides for many coins and the availability of not just major coins but many shit coins makes it worth trying anytime. But the high swapping fees is a huge drawback for its use. Notwithstanding, I think it's a good dex platform and decentralized finance should be encouraged. I hope the cost of transactions of those dex exchanges would fall in the near future to encourage more usage by the community.
Yes i did use it and the gas fees are enormous so i stop using it for now. If you are new please don't try to chase newly listed shitcoins on uniswap because i have been a victim of rugpull there where i cannot trade it for ETH.
Honestly, I dont want to trade on uniswap anymore. Aside from the fees since its a dex all users can add liquidity on it. Meaning the project has ongoing sale will have a hard time reaching its target caps because of the dumpers in uniswap. always ruins a project
This may be a factor or drawback of current dex. maybe uniswap and other new dex can provide procedures that can be more "fair" to all parties, so that all can benefit I was trying to swap another token, but when I see the fees then i rejected the transaction the fees was $7 for little tokens amount, I suggest if you want to do trading on Uniswap, then you should try to buy the token at low prices and sold out 2x or 3 x profit, it will be costly, and you will be charged from $5 to $7 fees due to high Etherum network fee
That's insanely high, that's not even possible on Centralized exchanges, why would anyone use this exchange for trading anyway? I can only use Uniswap if a altcoin is listed on the exchange only, and again most bad projects lists on Uniswap because it's free listing did you guys try trading on it? i heard fees are insane. how much gas i pay for lets say 100$?
im fomo with bunch of shitcoins there as they grow insanely, i wanna catch some profit there before coins dump...
I don't do trading on uniswap because I never like the decentralized idea in crypto space today, you can buy bitcoin or other coins on uniswap but if you are trying to buy tokens you need to be extremely careful, there are many cloned tokens on the exchange, high fee is still present too, making centralized exchanges the better choice im fomo with bunch of shitcoins there as they grow insanely, i wanna catch some profit there before coins dump...
Honestly, I dont want to trade on uniswap anymore. Aside from the fees since its a dex all users can add liquidity on it. Meaning the project has ongoing sale will have a hard time reaching its target caps because of the dumpers in uniswap. always ruins a project
uniswap where many people are tempted by shitcoin a new coin pump at the beginning and will dump quickly uniswap exchanges which are very risky for gas prices also greatly affect trade if the dumping price continues then only losses are certain to get I myself have ever traded shitcoin and it was a risk of loss very high because the dump and pump happened for a few minutes and it felt that the loss worries were getting bigger.
In my opinion, it is natural if the hype is still ongoing today and is not the main obstacle when someone makes a transaction at Uniswab with high fuel costs because it is still considered appropriate and profitable after making a transaction.
This moment is also used by some exchange platforms where they compete to provide a place for this process to be carried out.
This moment is also used by some exchange platforms where they compete to provide a place for this process to be carried out.
Shitcoin is actually not only on Uniswap, I think there are also many other exchangers including centralized exchangers. I think there are some exchangers who have policies, the most important thing is that the project pays a listing fee and doesn't care about the performance of the token after listing.
An absolutely shocking (in a good way) and welcome surprise!
~ $2000 was better than Trump's COVID relief cheque.
I've seen a guy who received literally UNI enough to convert in >$1mil.~ $2000 was better than Trump's COVID relief cheque.
Uniswap probably saved a lot of arses from being homeless during quarantine
I additionally attempted to get some shitcoins from uniswap and get some benefit. In any case, I don't believe it's justified, despite any trouble for an individual like me who has truly modest quantity close by to make some exchange. The expense is exceptionally crazy. Recently I attempted to purchase a badge of 0.5eth, The gwei was 145. It nearly accepting 7$ of my wallet as an expense. That implies I am as of now on a 7$ misfortune. Thus, I don't think it is justified, despite all the trouble for me I would prefer to go to binance and attempt some time or another exchanging.
uniswap is currently the most popular defi exchanger although the fees there are expensive, many use exchanger it so nice view
and fast network is its advantage especially yesterday had made a surprise by making an airdrop which is can big profit for its users
and fast network is its advantage especially yesterday had made a surprise by making an airdrop which is can big profit for its users
if everyone interest, i see a new defi with a good opportunity. you can check all about them here
they are so different with other scammer. recomended.
they have a bounty too. good luck
Token Name: Deflationary Finance
Token Symbol: DeFi
Initial Total Supply: 30,000
Token Characteristics: Deflationary ERC-20 Token
Website: https://deflationary.finance/
https://twitter.com/DeflationaryFin
https://t.me/deflationaryfinance
Token Contract Address:
https://etherscan.io/token/0xa73d6348fbc57913574081868175ba0028f38a47
0x728086a2eedfbc2627297d56d6ac21a80245fddc
they are so different with other scammer. recomended.
they have a bounty too. good luck
Token Name: Deflationary Finance
Token Symbol: DeFi
Initial Total Supply: 30,000
Token Characteristics: Deflationary ERC-20 Token
Website: https://deflationary.finance/
https://twitter.com/DeflationaryFin
https://t.me/deflationaryfinance
Token Contract Address:
https://etherscan.io/token/0xa73d6348fbc57913574081868175ba0028f38a47
0x728086a2eedfbc2627297d56d6ac21a80245fddc
I have some problems with a token that was listed on uniswap and now I can't swap in USDT. Only with eth but this is very strange because it's the first time that it happens. I don't wanna swipe twice because they are a few of dollars
Dex fee are stupidly expensive, due to ethereum gas fee and the current popularity of decentralized finance as the fees spike over 500% in one month, for now it's not recommended for day trading or for trader just in general. The good think is Ethereum 2.0 getting closer and closer as it will reduce the gas fees and hopefully in the future the Ethereum technology will keep improving and maybe Dex can even be a first choice for trader.
Ethereum 2.0 is not the only thing that will help with the high transaction costs. As I read somewhere, Uniswap is developing it's v3 which will rely on the layer-two solution that could help improve transaction speed. For example, xDai chain is layer-two solution. It is an Ethereum sidechain that can proces transactions at the speed of 60 tx per second, while Ethereum can process about 15 tx per second. So you see, it is four times faster than Ethereum and I'm pretty sure once Uniswap v3 goes live, it's volume will increase even more.
some may be trading there because there are some projects that are just released in that market.
but for traders with small capital it looks like it will be difficult because the feenya is large enough for one transaction.
but for traders with small capital it looks like it will be difficult because the feenya is large enough for one transaction.
Uniswap had a very great month of September with 15.3 Billion dollars in volume. This is more volume then even Coinbase.
This is a good showing that DeFi is here to stay for longrun.
This is a good showing that DeFi is here to stay for longrun.
Yes, i am using DEFI now,
Uniswap and Sushiswap and i can tell you is great to exchange your coins and also to earn passive income through the liquidity pools, there is something called impermanent loss that you need to be careful about it because you can lose money, but in general its safe and cool to use
Uniswap and Sushiswap and i can tell you is great to exchange your coins and also to earn passive income through the liquidity pools, there is something called impermanent loss that you need to be careful about it because you can lose money, but in general its safe and cool to use
Be careful, liquidity pools hide a great danger, if you do not have time to withdraw your money in time, you can lose them when everything starts to collapse.
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