Uniswap - page 5. | Bitcointalksearch.org

50 Cent

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Activity: 519

Merit: 197

Quote from: nenadv99 on August 30, 2020, 04:30:55 AM

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...

if you want to learn uniswap, you can try Justswap. trx platform with low fee.
do be fomo. learn before about it. because some new defi project is scam.

good luck

qiwoman2

legendary

Activity: 2114

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Yeah I been using Uniswap for the last two weeks but the fees are incredibly high and now with the market crash we had the last three days and some of the coins I was buying and trading have tanked have stopped using it until the market improves. I bought two the rug pulled but out of ten projects am still holding five that have a good roadmap and potential. Uniswap has become like the ICO on ramp of 2017 with many scams and shabby shit coins. Some though launch on Uniswap that have great potential, so we all need to do harder due diligence and research.

Diamond_Darrell

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Activity: 1106

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♦♣♥♠

Quote from: wmaurik on September 06, 2020, 03:27:42 PM

Quote from: ubay on September 06, 2020, 12:30:07 PM

Before eth fee was stable, I sometimes used Uniswap, but when the fee didn't make sense I stopped using it. but this is good for eth miner they can get bigger eth than usual day.

Same and now I'm just looking for uniswap tokens listed on cex to fill in the bag because it is a great way to save fees, and plan I will use other dex to save fees with their utility token but I'm still learning how it works.

I am reading this thread and do not understand why everyone is so confused? In my opinion, all the same problems as ina ForkDelta. You have to pay for each step))) But everyone only realized when the gas price became exorbitant

wmaurik

hero member

Activity: 2058

Merit: 710

Quote from: ubay on September 06, 2020, 12:30:07 PM

Before eth fee was stable, I sometimes used Uniswap, but when the fee didn't make sense I stopped using it. but this is good for eth miner they can get bigger eth than usual day.

Same and now I'm just looking for uniswap tokens listed on cex to fill in the bag because it is a great way to save fees, and plan I will use other dex to save fees with their utility token but I'm still learning how it works.

Jackl87

sr. member

Activity: 1722

Merit: 269

Uniswap is the first place to buy a new token most of the time nowadays.
The token creator only needs to create a pool with a trading pair with his new token.
Now with all the DeFi hype in the last weeks, uniswap was almost unusable because of the high gas fees.
If you bougth tokens worth 100$ you had to pay 30$ for fees Sad

ubay

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Activity: 728

Merit: 101

Before eth fee was stable, I sometimes used Uniswap, but when the fee didn't make sense I stopped using it. but this is good for eth miner they can get bigger eth than usual day.

SyndicateLabs

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Quote from: hrunya102 on September 06, 2020, 07:18:25 AM

At the moment, fee in the Ethereum network are returning to normal, and now you can try trading on Uniswap again, although it may not be for a long time.

It is still quite high compared to the time before, now each transaction will cost us $ 1 or less. Hopefully gas fees can continue to drop in the future so everyone can make transactions as smooth and inexpensive as possible.

djmixen

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Activity: 518

Merit: 11

Quote from: nenadv99 on August 30, 2020, 04:30:55 AM

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...

Some said here that UNISWAP is the best DEX platform to use at the moment according to them.
Although, I never try to trade to this exchange because so far only IDEX that I used most of the time now.
Then, the rest of the platform that I most often used are Binance, Bibox, Kucoin, Bittrex, Houbi, and Bitforex.

hrunya102

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Activity: 546

Merit: 11

At the moment, fee in the Ethereum network are returning to normal, and now you can try trading on Uniswap again, although it may not be for a long time.

Iyeman

sr. member

Activity: 1183

Merit: 251

Quote from: Annamike on September 05, 2020, 03:42:11 PM

One of the major reasons why I avoid Uniswap is for the insanely fee, I tried to swap a small token amount of less than $100 and i was charged more than the amount I want to transact, I just had to cancel the transaction

This problem will never be resolved because it totally depends on the ethereum network. once ethereum network is still having a lot of traffic that wanna send their asset with very high fees and then it will never going back again to the bottom again.
Im also using another blockchain and try to star away from ethereum chain riught now. I wanna send $10 worth of token but tx fees cost me more than $20 and that's totally non sense.

xOdiumNostrumx

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Activity: 1064

Merit: 101

Right now it is actually easier to operate as an Uniswap trader as the ETH network is less saturated than it has been only 2 or 3 days ago, but on the other hand, the chances of scoring insane ROI-s is lower as most people are waiting out this massive market sell-off and are avoiding any kind of trading, so its kind of a double edged sword.

mdzahed134

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Activity: 2128

Merit: 259

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Quote from: nenadv99 on August 30, 2020, 04:30:55 AM

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...

Still now i didn’t use this decentralized exchange though mostly DeFi coins listed here. I think here you have to cost of fee 10$+ for against 100$. Even i never heard this exchange before DeFi hype. Right now ethereum network fee is too high that's another reason why i avoid the uniswap exchange.

Annamike

jr. member

Activity: 230

Merit: 1

One of the major reasons why I avoid Uniswap is for the insanely fee, I tried to swap a small token amount of less than $100 and i was charged more than the amount I want to transact, I just had to cancel the transaction

tokoorochan

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Activity: 73

Merit: 10

Quote from: H1N1 on September 05, 2020, 10:14:25 AM

I don't trading on uniswap, the decentralized exchange fees for Ethereum network is very high at the moment.
It can cost about 450++ gwei per transactions which is insanely expensive for only $100 transaction.
If you want to trade, just use the centralized exchange like binance, you don't have to pay gas unless you withdraw the coin.

gas fee not be main reason for me why i am avoid trade on uniswap. i am just not familiar with project there, suddenly there are many new project listing in uniswap with any intoduction in any crypto forum or crypto site but have high hype. and even many of them have no whitepaper or roadmap yet. i am so strange when see this and unfortunately many investors buy it.

H1N1

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Activity: 812

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I don't trading on uniswap, the decentralized exchange fees for Ethereum network is very high at the moment.
It can cost about 450++ gwei per transactions which is insanely expensive for only $100 transaction.
If you want to trade, just use the centralized exchange like binance, you don't have to pay gas unless you withdraw the coin.

Romanianz

full member

Activity: 175

Merit: 100

Don't get FOMO, there is some reason I don't trade in Decentralized Exchange, high fees, fake token, and I just not like the model Grin

let use the third reason.

Coin_trader

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Quote from: xOdiumNostrumx on September 05, 2020, 04:31:42 AM

I successfully swapped on Uniswap couple of times and it was a mixed bag, putting the insanely high swap fees on the side, failed transactions were even a bigger pain in the ass. At the moment Uniswap is more of a playground for whales as they can afford the high costs of trading there, but still, its a much welcomed tool for an occasional trade or two.

The main reason why uniswap is still famous is because they have the biggest liquidity pool for an AMM DEX that's why it's perfect for a whale with a huge amount of money that enjoy staking profit. The current situation of DEX is not for a small time trader because the fee cost 35$ per transaction and you will still wait a minimum of 15mins per transaction.

Uniswap is the proof that Decentralized exchange is not ready to cater a huge volume of transactions compared to Centralized Exchange which process all transaction off chain that's why it was fast.

xOdiumNostrumx

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Activity: 1064

Merit: 101

I successfully swapped on Uniswap couple of times and it was a mixed bag, putting the insanely high swap fees on the side, failed transactions were even a bigger pain in the ass. At the moment Uniswap is more of a playground for whales as they can afford the high costs of trading there, but still, its a much welcomed tool for an occasional trade or two.

qomariah95

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Activity: 1190

Merit: 100

I once traded at uniswap. What many say about the high cost. That is true, but also all in accordance with the ethereum network gas costs. if it is high, then the cost will be higher too. maybe i will no longer use uniswap exchange. if only selling tokens with a low estimation.

zasad@

legendary

Activity: 1876

Merit: 4532

Quote from: bakasabo on September 02, 2020, 07:28:05 AM

Does uniswap have option to manually set fees ? I havent used uniswap yet. To me it looks like another forkdelta, where you can trade tokens added by yourself (means you can trade anything). How long does it takes for tokens to get to uniswap and be ready to trade?

I have some tokens that I'm ready to trade on uniswap. Even $4 fee does not frighten me as long as my transaction will not be lost and be quick (dont want to wait hours for a trade, that might end with "order is no longer available")

To trade on uniswap, you must connect your wallet. In the settings of this wallet, you can set the cost of commissions. Sending a token costs $ 10-20 (sending Ethereum is always cheaper, because smart contracts are not used), you may need to pay more for a fast operation.
For example, getting a loan, swap tokens on uniswap and 1 inch and repaying the loan costs 300-400 dollars

And for this to be done in the next block, you need to pay 1200-1600 dollars.

Try Tron, this ecosystem has very cheap transactions

Topic: Uniswap - page 5. (Read 1380 times)