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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: nenadv99 on August 30, 2020, 08:30:55 AM



Title: Uniswap
Post by: nenadv99 on August 30, 2020, 08:30:55 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...


Title: Re: Uniswap
Post by: MonsterV on August 30, 2020, 11:54:46 AM
im not trade on any dex exchange because of high ethereum fee, currently the gwei price is almost hitting 130, 1 transactions on uniswap will cost you about 5$ maybe or more because of Dex are consume much gas limit than normal transactions we do on transfer, also there is 2 transactions you need to deploy on uniswap that cost you much money to trade, currently im avoid to trade any DEX exchange until the gas price is down below 10 gwei per transactions, well if you are whale that having much capital do to short profits, i think its okay now before the gas rise to 300 gwei like before.


Title: Re: Uniswap
Post by: jambul_kribo on August 30, 2020, 12:36:45 PM
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...
yes i did, few days ago i am buying YMPL token worth of 0,17 ethereum but its fee around $10.its really insane for me why ethereum gas fee could skyrocketing like this. i am calculated if i am buy and sell its gas fee with doubled and really hard to achieved high profits now. i am thinking twice to trade in uniswap beside fee reason , there are alot fake token there.



Title: Re: Uniswap
Post by: Yaunfitda on August 30, 2020, 12:49:44 PM
To see clearly, check this out:

https://i.imgur.com/Xu4mzUp.png

https://cryptofees.info/

Uniswap v1 and v2 alone surpasses bitcoin, so obviously the hype is still very up in the air and I don't that fees are going to be lower. In fact, as the bubble grows, we might see it balloon to insane numbers.


Title: Re: Uniswap
Post by: Jating on August 30, 2020, 12:56:06 PM
High fees are bad for traders/investors in my opinion, it's just like you need to have a minimum balance just to be able to withdraw and get at least a decent profits.

However, I would also like to stress that high transaction fees are an indication of the bullishness of the market and liquidity, similar to what we have seen during the last all time high, specially on bitcoin. And if the fee is lower, everyone can spam the hell out of that network, causing it a slowdown. So there's a lot of pros and cons, its really up to us on how to weight everything on our favour.


Title: Re: Uniswap
Post by: bbcolex on August 30, 2020, 01:28:26 PM
This gas craze going on with decentralized exchanges are crazy, this is why I still prefer to trade on tier 1 centralized exchange. FOMOS and hype will be gone soon, I just hope this gas fees being charged by dex will be lessen its a big turn off.


Title: Re: Uniswap
Post by: bobyhodob on August 30, 2020, 01:43:34 PM
~
well if it's like this and when the project can't be opened and has access problems, it ends up making a lot of people lose money and that will definitely make the cryptocurrency name worse again, so therefore you should be careful when you want to enter a project like this, do not let you lose.


Title: Re: Uniswap
Post by: Serco on August 30, 2020, 02:22:51 PM
This gas craze going on with decentralized exchanges are crazy, this is why I still prefer to trade on tier 1 centralized exchange. FOMOS and hype will be gone soon, I just hope this gas fees being charged by dex will be lessen its a big turn off.
on uniswap hype on fire now, each new project asked they will listing in uniswap or not.eventhough transaction gas very high , traders dont care about it. if each trade need gas around $10 so we will charge $20 for each buy and sell. trading on centralized exchanges will not required high fee like uniswap but there is no hype there.


Title: Re: Uniswap
Post by: Fundamentals Of on August 30, 2020, 02:28:33 PM
I have not tried trading at Uniswap. But if what you've heard is that the fees there are insanely high, then I recommend you not to trade there.

A couple of little pieces of advice here:

First, don't get FOMOed, especially over shitcoins. You are more prone to get scammed if that is your attitude.

Second, please be very careful about coins being traded in Uniswap. There are so many fake tokens there. With your attitude of chasing small profits from shitcoins, you might end up buying a scam token.

Do some research. News are everywhere about Uniswap being swarmed with fake tokens.

Take time to read these:
https://cryptobriefing.com/defi-exchange-uniswap-is-being-swarmed-scam-tokens/
https://cointelegraph.com/news/fake-tokens-on-uniswap-are-trying-to-cash-in-on-defi-hype
https://www.investing.com/news/cryptocurrency-news/fake-tokens-continue-to-plague-uniswap-2270356


Title: Re: Uniswap
Post by: Jackl87 on August 30, 2020, 02:57:24 PM
Yes gas costs on uniswap are insane.
Most of those new Defi projects launch on Uniswap first and as a normal user you have almost zero chance to get one of those tokens for the listing price.
Big whales are already waiting with their bots and 2000+ gas settings to get all the cheap tokens 1 sec after the uniswap pool is created. Pretty crazy and unfair, but that's how it works.


Title: Re: Uniswap
Post by: cabron on August 30, 2020, 03:24:24 PM

Despite the high fees we are seeing lots of traders going there on uniswap. Catching profits before the dumps for shitcoin would be good but this is if you can do it the first. Also make sure of the contract address of that shitcoin, there are fake ones.

The defi seem to have offer rooms for arbitrage trading through the flash loans and going to uniswap  and back to the lending platform which many have been trying. Very risky but must be worth because the prices and trading fees are ignored because of the price difference.
.


Title: Re: Uniswap
Post by: zulfi125 on August 30, 2020, 03:39:42 PM
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


Title: Re: Uniswap
Post by: nenadv99 on August 30, 2020, 04:06:21 PM
those 3 are on my aim list and they will probably go far, but the dam fees...

https://coinmarketcap.com/currencies/yflink/
https://coinmarketcap.com/currencies/yffi-finance/markets/
https://coinmarketcap.com/currencies/yfiexchange-finance/markets/


Title: Re: Uniswap
Post by: Kopetunto on August 30, 2020, 04:28:41 PM
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...
Uniswap is currently being talked about a lot, because many new DEFI projects are listed there and the increase is very high,
but indeed the cost is very expensive, making me reluctant to use it.


Title: Re: Uniswap
Post by: dataispower on August 30, 2020, 05:04:36 PM
did you guys try trading on it? i heard fees are insane. how much gas i pay for lets say 100$?
im fomo with bunch of shitcoins there as they grow insanely, i wanna catch some profit there before coins dump...
First of all be careful how you fomo into shitcoins on uniswap, there is no stop loss function. Also do not use coin ticker to buy a coin, it might be a wrong coin entirely, always use smart contract address. For fees, eth network is congested due to the DEFI hype and other factors, I spent 18$ today as fees on a 450$ swap on uniswap today. Always watch your slippage tolerance, do not use too high slippage.


Title: Re: Uniswap
Post by: Anarchy101 on August 30, 2020, 06:19:21 PM
Fees are insane due to crazy gas fees of the ETH network. I frequently trade on uniswap exchange and paid as high as $40 and as low as $3 as a transaction fee. I avoid trading a small amount on uniswap when ETH is clogged.


Title: Re: Uniswap
Post by: jacafbiz on August 30, 2020, 06:32:33 PM
Uniswap offering is different from CEFI and those people using it understand the price they need to pay, but I believe with better scaling means the transaction fee would come down. There are reasons the volume is going up, today the trading volume surpass that of CoinBase today and I expect it to keep eating deep into CEFI volume


Title: Re: Uniswap
Post by: AmoreJaz on August 30, 2020, 06:58:14 PM
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 just want to ask you, why you still want to try it or know about it if you already know of so many negative reviews, like you said the fees are insane, bunch of shitcoins etc. For me, I would stay away from any exchange if I didn't know about it and don't forget it's DEX, and ethereum fees are very high. Choosing Uniswap is a bad solution

as the usage of uniswap is getting popular these days owed to the DeFi hype, expect that the fees will be high. dont be tempted with the current hype as most of them are really crappy projects. if you will look at their foundation, check their whitepaper - and most of them have existing allegation as plagiarized whitepaper, no team members published, generic roadmap and so on...
 so as a piece of advice, do your own due diligence before joining aboard to avoid loss of funds from these projects!


Title: Re: Uniswap
Post by: cryptoperkele on August 30, 2020, 07:05:36 PM
Yeah, it's pointless for me now. I can't sell $10 worth something without paying $20 in fees. I need to wait for the gas prices to calm down a lot before i even take a look at that again.


Title: Re: Uniswap
Post by: pathapoddo on August 30, 2020, 07:30:04 PM
I also tried to buy some shitcoins from uniswap and catch some profit. But I don't think it's worth for the person like me who have really small amount in hand to do some trade. The fee is highly insane. Yesterdays I tried to buy a token of 0.5eth, The gwei was 145. It almost took 7$ of my wallet as fee. That means I am already on 7$ loss. So, I don't think it is worth for me I would rather go to binance and try some day trading.


Title: Re: Uniswap
Post by: shollyen on August 30, 2020, 09:43:59 PM
I really fear trading on uni swap, not because of anything, but more because of the gas fee and slippage you need to increase before you can get your transactions through, most especially at this time of congestion in Ethereum network.


Title: Re: Uniswap
Post by: btc_angela on August 30, 2020, 10:23:36 PM
If this is the case then Uniswap or DeFi should be looking at scaling right now because everyone will suffer if the price of gas fees are continue to increase in the next couple of months. I don't know how viable it is, but this is the only solution otherwise we will hear a lot of complains and there will be a time that this problem are going to be out of control.


Title: Re: Uniswap
Post by: CarnagexD on August 30, 2020, 10:32:18 PM
Man I really got frustrated just earlier coz I paid $6 for my transaction that arrived for about 30 mins, like what is happening to ethereum network. What's bothering is that I only got a small size transaction happens to be transferring just $3, I need it instantly so I chose ethereum little did I know that it would costs me more than using bitcoin for time and money. Now if you gonna tell me why I don't wanna trade in uniswap this is why.


Title: Re: Uniswap
Post by: FontSeli on August 30, 2020, 10:35:37 PM
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...


The cost of Gas today actually reached 240 Gwei, and this is really a very large number, especially for Sunday, but you exaggerate the size of the Commission of 100 dollars.
https://i.postimg.cc/Z5DL29QG/gaz.jpg

Now the cost of Gas has fallen to ~100 Gwei you can see it here: https://ethgasstation.info/

And a leader in the transaction really was Uniswap:
https://i.postimg.cc/GpVq8BJF/gaz2.jpg


Title: Re: Uniswap
Post by: flagpara on August 30, 2020, 10:36:15 PM
Uniswap offering is different from CEFI and those people using it understand the price they need to pay, but I believe with better scaling means the transaction fee would come down. There are reasons the volume is going up, today the trading volume surpass that of CoinBase today and I expect it to keep eating deep into CEFI volume
If I'm not wrong, I can't see that the "Unisawp" decentralized exchange volume isn't higher than Coinbase pro exchange. Now is the biggest advantage of centralized exchange. Some projects are moving to another blockchain for high transaction cost. It is impossible to trade in decentralized exchange but we can trade with fast TPS on centralized exchange.


Title: Re: Uniswap
Post by: Gotumoot on August 31, 2020, 09:50:29 AM
Before trading you should consider the fees and you should think if it is worth it.
If you would trade with only a small capital then all the profit and even your capital would be eaten by the fees then you would only lose it is better to hold than to trade with an exchange with a high fees.


Title: Tái: Uniswap
Post by: noorammak on August 31, 2020, 10:46:15 AM
Uniswap is only suitable for rich people and deals with large amounts of money. It is not suitable for small traders because transaction fees are too high, if you do not want to lose a lot of costs then the transaction will be delayed and slippage leads to transaction failure. Or if a trader is certain that what he buys will increase in value multiple times over the time he desires, it is worth bearing the high costs because he will be rich.


Title: Re: Uniswap
Post by: Crypto_lion on August 31, 2020, 12:00:37 PM
Uniswap is a gift to all the projects as well as traders . Although the price of transactions are high due to high gas price it is a welcome addition to crypto traders especially those who prefer decentralized exchanges.


Title: Re: Uniswap
Post by: jonatha28 on August 31, 2020, 12:35:38 PM
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've tried to trade there couple times and its works just fine.
fees are pretty big, thats true, about $18-$28 for a transaction which is obviously insane amount but profits can be ridiculous as well


Title: Re: Uniswap
Post by: makishart on August 31, 2020, 12:37:20 PM
Yeah, it's pointless for me now. I can't sell $10 worth something without paying $20 in fees. I need to wait for the gas prices to calm down a lot before i even take a look at that again.
If this trend will still continue and there was no reason to sell your coin on uniswap. The tx fees will still remain the same if the traffic on uniswap is not get getting down. I was also watching how big the fees to trade on uniswap and that makes it not worth to be used by the small traders.


Title: Re: Uniswap
Post by: Princejebs on August 31, 2020, 01:58:53 PM
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
Ethereum network is killing traders vibes and making swapping becomes something for big whales. I can't imagine moving a 15USDT that cost $10 gas fee, those fee are insane compare to Btc and other blockchain network.
This should be a stepping stone for other projects that has always wanted to compete with ETH and take over the lead.


Title: Re: Uniswap
Post by: Henrytrust on August 31, 2020, 02:07:12 PM
It would be insane trying to trade in uniwap and other decentralized exchange. A majority, if not all the profit would be spent on transaction fee, because gas fee is ridiculously high these days. I've decided to leave my trades in dex and resume when the gas fee becomes more economical. It feels really bad having to spend so much on gas when the profits on trades are not substantial.


Title: Re: Uniswap
Post by: zasad@ on August 31, 2020, 02:11:42 PM
It would be insane trying to trade in uniwap and other decentralized exchange. A majority, if not all the profit would be spent on transaction fee, because gas fee is ridiculously high these days. I've decided to leave my trades in dex and resume when the gas fee becomes more economical. It feels really bad having to spend so much on gas when the profits on trades are not substantial.

Uniswap discussion
https://bitcointalk.org/index.php?topic=5268409

(GUIDE) How to trade on uniswap correctly
https://bitcointalk.org/index.php?topic=5270415

you are right, there is no point in making deals for 100-200 dollars on uniswap, because the commission can be 10-20% of the amount.
But on uniswap new coins appear first, it may be worth spending $ 20 on commission and get a big profit when the price of a new coin rises


Title: Re: Uniswap
Post by: Wingo on August 31, 2020, 10:38:18 PM
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 like to trade on uniswap at the moment because of the high fees. I try to find alternative exchanges with low fees to trade high potential tokens which are listed on uniswap. But right before this alt-defi season going on, it's hassle free to trade on uniswap. Ethereum really must rush their PoS migration, otherwise many projects will migrate to other blockchains with better network speed and fees.


Title: Re: Uniswap
Post by: asriloni on September 01, 2020, 02:12:47 AM
I have used Uniswap once and it was my first experience, a little surprised because the gas needed is quite much, especially recently eth gas is very out of place. I can't calculate how much you will need but at least not too little. BTW Uniswap is very good.
It will always need more than a few dollars to do a single tx to the uniswap. Uniswap is not a suitable place for the little shrimp as the the high fees will be worthed for the big transaction only.
The defi traders are also rushing everything that related to the defi or finance token. uniswap madness is still happening.


Title: Re: Uniswap
Post by: ibuddy122505 on September 02, 2020, 08:04:17 AM
This gas craze going on with decentralized exchanges are crazy, this is why I still prefer to trade on tier 1 centralized exchange. FOMOS and hype will be gone soon, I just hope this gas fees being charged by dex will be lessen its a big turn off.
You are right, decentralized exchanges is good, but gas fee is so unfriendly that even small transactions can use higher gas that is beyond estimation. If this can be more cheap in the future I think many traders will use it. Sometimes there were times when I wanted to sell my tokens but because the gas was so crazy I finally gave up.
Uniswap gas charge is so unfriendly and even could be pathetic for the little bag holders. Uniswap charges a flat rate for a fee and is only paid if the transaction is successful. The fee structure is completely unsustainable at the moment hopefully it will be calm and more reasonable.


Title: Re: Uniswap
Post by: WalkerIVIV on September 02, 2020, 08:12:19 AM
I did a trade on uniswap and how much you will pay for the fees is not depending on the how much you will send but that depends on the network traffic. It says when you are sending $100 and then you must input the same fees like others to be able to make your tx gets delivered in a few minutes and the current fees is around $35 for each transaction in the network.

It looks like the down trend has already started since yesterday.


Title: Re: Uniswap
Post by: TastyChillySauce00 on September 02, 2020, 08:17:55 AM
The fee is quite hefty and definitely above average, for those who waits for the gas to decrease that's gonna be far away when uniswap doesnt come out on top of ETH25 leaderboard at ethgasstation as that means they are the one that causing ruckus and flooding with transaction in the whole eth platform. Just bear with it until we ethereum could do something to increase the scalability and capability of its blockchain network.


Title: Re: Uniswap
Post by: khiholangkang on September 02, 2020, 09:00:22 AM
The fees are very expensive at this time, if you want to trade there you have to have a large capital. For now even small transactions have to pay a minimum of $ 4 in fees


Title: Re: Uniswap
Post by: xenon131 on September 02, 2020, 10:42:41 AM
This gas craze going on with decentralized exchanges are crazy, this is why I still prefer to trade on tier 1 centralized exchange. FOMOS and hype will be gone soon, I just hope this gas fees being charged by dex will be lessen its a big turn off.
You are right, decentralized exchanges is good, but gas fee is so unfriendly that even small transactions can use higher gas that is beyond estimation. If this can be more cheap in the future I think many traders will use it. Sometimes there were times when I wanted to sell my tokens but because the gas was so crazy I finally gave up.

Looks like all the bidding’s gonna be on Uniswap  soon. Trading volume on this exchange sets one record after another and nowadays exceeds than one for Coinbase (https://cryptoslate.com/uniswap-eclipses-coinbase-and-other-centralized-exchanges-as-defi-mania-continues/) not to mention the other exchanges. But I think it’s just a "market  foam" that will disappear in a year or two at the most.


Title: Re: Uniswap
Post by: ahmia39 on September 02, 2020, 11:00:37 AM
You are right, decentralized exchanges is good, but gas fee is so unfriendly that even small transactions can use higher gas that is beyond estimation. If this can be more cheap in the future I think many traders will use it. Sometimes there were times when I wanted to sell my tokens but because the gas was so crazy I finally gave up.
Yes, the average constraint on token sales is the gas costs when making sales transactions, because if the gas costs for that transaction can be cheap on average on all exchanges, then all exchanges will always be used by everyone, whether decentralized exchanges or not. , it's just that this is always different on each exchange.


Title: Re: Uniswap
Post by: bgaf on September 02, 2020, 11:04:38 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...
Yes and as much as I wanted to do trading I cant force myself to do much trading cause the gas fee is insanely high. I would stop trading for while cause the market seems to be really a messed up. I wont be spending so much for gas. So instead using dex for while Im gonna trade on cex since the fee on uniswap can even eat my funds.


Title: Re: Uniswap
Post by: bakasabo on September 02, 2020, 11:28:05 AM
The fees are very expensive at this time, if you want to trade there you have to have a large capital. For now even small transactions have to pay a minimum of $ 4 in fees

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")


Title: Re: Uniswap
Post by: Galley on September 02, 2020, 11:49:37 AM
If you have a desire to tickle your nerves, then you can work with Uniswap. High gas commissions, the ability to purchase fraudulent tokens, and the illusory hope of getting rich quick, you will get the full adrenaline rush.


Title: Re: Uniswap
Post by: Upgate on September 04, 2020, 08:04:30 PM
Uniswap has made trading to become more easy and simple without the stress of passing KYC.
The $30 charge of ETH for each transaction is not encouraging cos it has hinder for so many transaction for the past some days now.
Only for this few days, the money ethereum has made from the high cos of ETH charges, is way more bigger than 2017 bull season of ethereum combined


Title: Re: Uniswap
Post by: Danslip on September 04, 2020, 08:15:15 PM
Yes, it was not a good experience due to ridiculously high transaction fees. Will never try to test the Uniswap even if the gas fees per token transaction goes down. I shouldn't be supposed to pay $8 per transaction on DEXs, normal standard exchanges will do a jog too. Around $3 fee is required for sending a small ETH and ERC-20 altcoin transaction, compare the stated numbers and find the statistical edge between different years.


Title: Re: Uniswap
Post by: zasad@ on September 04, 2020, 09:02:10 PM

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


Title: Re: Uniswap
Post by: qomariah95 on September 04, 2020, 09:04:37 PM
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.


Title: Re: Uniswap
Post by: xOdiumNostrumx on September 05, 2020, 08:31:42 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.


Title: Re: Uniswap
Post by: Coin_trader on September 05, 2020, 08:45:08 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.


Title: Re: Uniswap
Post by: Romanianz on September 05, 2020, 09:03:05 AM
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 ;D
let use the third reason.


Title: Re: Uniswap
Post by: H1N1 on September 05, 2020, 02:14:25 PM
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.


Title: Re: Uniswap
Post by: tokoorochan on September 05, 2020, 02:29:29 PM
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.


Title: Re: Uniswap
Post by: Annamike on September 05, 2020, 07:42:11 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


Title: Re: Uniswap
Post by: mdzahed134 on September 05, 2020, 08:11:14 PM
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.         


Title: Re: Uniswap
Post by: xOdiumNostrumx on September 06, 2020, 09:41:23 AM
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.


Title: Re: Uniswap
Post by: Iyeman on September 06, 2020, 10:15:05 AM
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. 


Title: Re: Uniswap
Post by: hrunya102 on September 06, 2020, 11:18:25 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.


Title: Re: Uniswap
Post by: djmixen on September 06, 2020, 11:25:22 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.


Title: Re: Uniswap
Post by: SyndicateLabs on September 06, 2020, 11:28:19 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.


Title: Re: Uniswap
Post by: ubay on September 06, 2020, 04:30:07 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.


Title: Re: Uniswap
Post by: Jackl87 on September 06, 2020, 04:44:51 PM
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  :(


Title: Re: Uniswap
Post by: wmaurik on September 06, 2020, 07:27:42 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.


Title: Re: Uniswap
Post by: Diamond_Darrell on September 06, 2020, 07:48:12 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


Title: Re: Uniswap
Post by: qiwoman2 on September 06, 2020, 07:54:40 PM
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.


Title: Re: Uniswap
Post by: 50 Cent on September 06, 2020, 07:59:49 PM
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


Title: Re: Uniswap
Post by: UniversityCoin on September 11, 2020, 11:43:03 PM
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 tried trading on this exchange. I didn't like it. There is a floating price that is constantly changing. To buy at the price you need, you need to set a large Commission so that the transaction is processed instantly. The Commission is certainly not 100 dollars, but it can reach 10-20 dollars.


Title: Re: Uniswap
Post by: Zemomtum on September 11, 2020, 11:59:38 PM
This is an exchange for projects that has no future plans get listed and catch out 100s of ETH, it is the major cause of what is causing the ETH price crash, people are catching out from UniSwap and dumping in the market


Title: Re: Uniswap
Post by: ser7878 on September 12, 2020, 02:41:04 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...
from my personal experience fees are always around $10-$20 when it comes to ETH - $any_token pair, so it makes more sense to order as much as you can so its more profitable


Title: Re: Uniswap
Post by: btc-facebook on September 12, 2020, 04:23:27 AM
This is an exchange for projects that has no future plans get listed and catch out 100s of ETH, it is the major cause of what is causing the ETH price crash, people are catching out from UniSwap and dumping in the market
I am curious what is the reason you say Uniswap for projects that have no future?
if in case many projects fail there, it is not Uniswap's fault, but because the project team is not serious about developing the project,
Uniswap was founded to make it easier for crypto users to trading there, and also to popularize cryptocurrency about Decentralization, because most people only know about CEX and don't know about DEX.


Title: Re: Uniswap
Post by: Leonard2016 on September 12, 2020, 04:37:58 AM
I have done a few trades on it , I remember I had to buy BZRX in the first day of listing there because i couldn't find it anywhere else , but the gas fee was a lot especially for swapping!
I paid around 37$ for the gas fee but hopefully, BZRX made it up for me , It was 20 cents back then .


Title: Re: Uniswap
Post by: Zandra on September 12, 2020, 06:55:35 AM
This is an exchange for projects that has no future plans get listed and catch out 100s of ETH, it is the major cause of what is causing the ETH price crash, people are catching out from UniSwap and dumping in the market
I am curious what is the reason you say Uniswap for projects that have no future?
if in case many projects fail there, it is not Uniswap's fault, but because the project team is not serious about developing the project,
Uniswap was founded to make it easier for crypto users to trading there, and also to popularize cryptocurrency about Decentralization, because most people only know about CEX and don't know about DEX.

I agree! If the other projects failed there it is not about the uniswap, it's the project team's fault. Yes uniswap fees is insane and a lot of shitcoins listed there but you can't say that uniswap has no future.


Title: Re: Uniswap
Post by: UniversityCoin on September 13, 2020, 08:07:29 PM
If you are ready to do more gas fees than your altcoin value then give it a try, the many altcoins the whales pump on the exchange in a day, if you can be the lucky one riding the same train why not.

If you are not satisfied with the network commissions when trading ERC20 tokens, you can trade other coins. You can also trade on centralized exchanges where you don't have to pay transaction fees.


Title: Re: Uniswap
Post by: minatour on September 14, 2020, 11:24:41 PM
Currently the issue of high gas fee is becoming unbearable, I neglect trading on uniswap for the past few weeks due to the high gas fee, I hope ethereum network finds solution to this issue of high gas fee as soon as possible.


Title: Re: Uniswap
Post by: Google+ on September 14, 2020, 11:42:49 PM
Currently the issue of high gas fee is becoming unbearable, I neglect trading on uniswap for the past few weeks due to the high gas fee, I hope ethereum network finds solution to this issue of high gas fee as soon as possible.
When we use Uniswap, this is the problem, the transaction costs are very high, making the capital money we have to be very much, but when using Uniswap we can also get a lot of profit, so in my opinion this is very balanced with the results obtained. but it would be great if the transaction costs were low the more people would use them.


Title: Re: Uniswap
Post by: Twinkledoe on September 14, 2020, 11:44:03 PM
Currently the issue of high gas fee is becoming unbearable, I neglect trading on uniswap for the past few weeks due to the high gas fee, I hope ethereum network finds solution to this issue of high gas fee as soon as possible.

I don't think we are seeing immediate resolution of this problem. Maybe once the defi hype slows down, the fees will be reasonable again. But right now, take it or leave it scenario here.


Title: Re: Uniswap
Post by: djmixen on September 15, 2020, 03:02:22 AM
Based on what I read on the community feedback, in terms of Fee according to them are really insane. Well, if that's the case for the investors it is not good for sure. I noticed too that some of the coins to this platform are mostly hyped. So, rather than to use this I preferred other exchange that is on top in the market.


Title: Re: Uniswap
Post by: libert19 on September 15, 2020, 04:59:12 AM
$5 for unlocking tokens, $12 for token sell. $17 you could buy 8 days of food with it here, horseshit fees.


Title: Re: Uniswap
Post by: luckyflop on September 15, 2020, 05:14:15 AM
Yeah, I have done some trading on it, the thing is the different gap price between buying and selling is too much, also Some times the gas fee gets too much, It is full of robots and you probably can't buy any ico at the ICO price on it, for example, $Frontier wallet has an ICO on Uniswao about 0.08$ on the opening price but I bet it goes to 30c in first SEcs because of the bots , I really would rather IEO or ICO with lottery , Like Oin.finance ICO , it was neat.


Title: Re: Uniswap
Post by: giammangiato on September 15, 2020, 08:44:38 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...

Yes I used uniswap for fast trading or for some token not listed on knowed exchanges. I like it because it's fast, the gas are a bit expensive but you pay also the simplicity of the platform. I used the first time it with coronacoin


Title: Re: Uniswap
Post by: iged_war on September 15, 2020, 09:25:49 AM
$5 for unlocking tokens, $12 for token sell. $17 you could buy 8 days of food with it here, horseshit fees.
its really insane mate, but we could not do nothing with this gas fee. every trader set their gas fee higher to make sure transaction confirmed soon. maybe only network improvement could solved this and ethereum 2.0 be solution.


Title: Re: Uniswap
Post by: Denies Distro on September 15, 2020, 05:59:16 PM
$5 for unlocking tokens, $12 for token sell. $17 you could buy 8 days of food with it here, horseshit fees.
its really insane mate, but we could not do nothing with this gas fee. every trader set their gas fee higher to make sure transaction confirmed soon. maybe only network improvement could solved this and ethereum 2.0 be solution.
waiting for ethereum 2.0 is too long and it is better in my opinion to use another dex that offers a cheaper fee than uniswap, it's just that the volume is usually not as good as uniswap but that is the most efficient way, and also if you have limited capital, trading on cex exchange saves more fees even though the choice tokens on cex exchange are not much like uniswap but I think they are very adequate.


Title: Re: Uniswap
Post by: hrunya102 on September 15, 2020, 08:01:12 PM
Now several project are developing layer 2 solution for ETH, and I think they will be able to solve the problem of high fee, but it is not yet clear when they will be ready.


Title: Re: Uniswap
Post by: semobo on September 15, 2020, 08:23:06 PM
Some said they even paid $120 as fee for their transaction and its possible because the network is highly congested and lot of transactions are initiated in the same time which didn't exists few months back.If you are going to trade small amount then don't use that exchange and I will say don't get into the Defi Fomo trap or else you will lose your money.


Title: Re: Uniswap
Post by: UniversityCoin on September 15, 2020, 11:50:38 PM
Yeah, I have done some trading on it, the thing is the different gap price between buying and selling is too much, also Some times the gas fee gets too much, It is full of robots and you probably can't buy any ico at the ICO price on it, for example, $Frontier wallet has an ICO on Uniswao about 0.08$ on the opening price but I bet it goes to 30c in first SEcs because of the bots , I really would rather IEO or ICO with lottery , Like Oin.finance ICO , it was neat.

In the exchange settings, you can set the value of the price change and then you will not suffer from price slippage if you used a small gas price for the transaction and it was executed after a long period of time. Everything is simple there, the main thing is not to be lazy and do it.


Title: Re: Uniswap
Post by: Helpme_please on September 16, 2020, 01:56:12 AM
Some said they even paid $120 as fee for their transaction and its possible because the network is highly congested and lot of transactions are initiated in the same time which didn't exists few months back.If you are going to trade small amount then don't use that exchange and I will say don't get into the Defi Fomo trap or else you will lose your money.
its true mate, i am paid around $9 for token transaction that worth only $100. it take more than 10% from our initial balance and ofcourse make us stress with condition. personally i am not recommeded for uniswap if we want to buy token there, better to wait in Cex as developers seriousness.


Title: Re: Uniswap
Post by: agis50 on September 16, 2020, 03:25:32 AM
I haven't trade any coins there yet, but my friend said you must have at least 0.05 - 0.1 eth. You must prepare enough gas to buy any coins on Uniswap, mate.


Title: Re: Uniswap
Post by: Surrapatt on September 16, 2020, 03:51:45 AM
I haven't trade any coins there yet, but my friend said you must have at least 0.05 - 0.1 eth. You must prepare enough gas to buy any coins on Uniswap, mate.
I think 0.05 - 0.1 eth is not too much to provide, because it could be the effect of gwei costs from the erc20 platform which is still large and unstable until now, so uniswap users have to provide 0.05 - 0.1 eth to buy coins there.


Title: Re: Uniswap
Post by: Kotone on September 16, 2020, 04:01:34 AM
I haven't trade any coins there yet, but my friend said you must have at least 0.05 - 0.1 eth. You must prepare enough gas to buy any coins on Uniswap, mate.
0.05eth is worth only for fee. Also you must trade 1 eth higher in order to have a good profit when youre lucky. The fees now on uniswap are ridiculously high so below 1eth trade is not worth it cause you need to prepare at least 10$ average fee for every trades. So I think uniswap is not for small traders, better to use cex for that.


Title: Re: Uniswap
Post by: raes on September 16, 2020, 04:27:52 AM
I haven't trade any coins there yet, but my friend said you must have at least 0.05 - 0.1 eth. You must prepare enough gas to buy any coins on Uniswap, mate.
I think 0.05 - 0.1 eth is not too much to provide, because it could be the effect of gwei costs from the erc20 platform which is still large and unstable until now, so uniswap users have to provide 0.05 - 0.1 eth to buy coins there.
quite expensive for a transaction when compared to last year. In the past, in one Ethereum transaction, we would only pay very cheaply. but now maybe things are different.
Uniswap does seem to have quite an expensive fee. especially with the unstable condition of the ethereum network. Two days ago I had intended to sell my tokens on Uniswap, but due to the high cost, I thought I would discourage me and decided to wait for everything to become normal.


Title: Re: Uniswap
Post by: rahmathidayat93 on September 16, 2020, 05:11:44 AM
Now several project are developing layer 2 solution for ETH, and I think they will be able to solve the problem of high fee, but it is not yet clear when they will be ready.
Gradually it will be ready if they always do it well even though they do not give a definite date for the readiness of its development, the most important thing is that they try to provide the best for everyone.


Title: Re: Uniswap
Post by: cryptoknightt on September 16, 2020, 05:29:22 AM
Fees are insane due to crazy gas fees of the ETH network. I frequently trade on uniswap exchange and paid as high as $40 and as low as $3 as a transaction fee. I avoid trading a small amount on uniswap when ETH is clogged.

yesterday my friend bought coins from uniswap for a total of less than 200 $ and was charged 20 $ it was equal to 10% of the total money he used, this is very dangerous there should be new attempts, but considering the fact that it will not be difficult or indeed the conditions cannot be set.


Title: Re: Uniswap
Post by: UniversityCoin on September 16, 2020, 07:53:22 PM
I haven't trade any coins there yet, but my friend said you must have at least 0.05 - 0.1 eth. You must prepare enough gas to buy any coins on Uniswap, mate.
0.05eth is worth only for fee. Also you must trade 1 eth higher in order to have a good profit when youre lucky. The fees now on uniswap are ridiculously high so below 1eth trade is not worth it cause you need to prepare at least 10$ average fee for every trades. So I think uniswap is not for small traders, better to use cex for that.

You can trade on centralized exchanges where you don't need to pay network fees. If you are trading large amounts, it will not be a problem for you to pay a Commission of 10-20 dollars. This forces you to evaluate your profit before trading.


Title: Re: Uniswap
Post by: libert19 on September 17, 2020, 05:02:53 AM
$5 for unlocking tokens, $12 for token sell. $17 you could buy 8 days of food with it here, horseshit fees.
its really insane mate, but we could not do nothing with this gas fee. every trader set their gas fee higher to make sure transaction confirmed soon. maybe only network improvement could solved this and ethereum 2.0 be solution.
waiting for ethereum 2.0 is too long and it is better in my opinion to use another dex that offers a cheaper fee than uniswap, it's just that the volume is usually not as good as uniswap but that is the most efficient way, and also if you have limited capital, trading on cex exchange saves more fees even though the choice tokens on cex exchange are not much like uniswap but I think they are very adequate.

You may give a try to 1inch exchange (dex aggregator), they have their native token which reduces the gas fees:

More info: https://medium.com/@1inch.exchange/1inch-introduces-chi-gastoken (https://medium.com/@1inch.exchange/1inch-introduces-chi-gastoken-d0bd5bb0f92b#:~:text=The%201inch%20team%20has%20launched%20Chi%2C%20a%20next-generation%20Gastoken,efficiency%20in%20the%20crypto%20industry.)

I am hoping uniswap will use 2 layer or something to reduce gas fees. Currently using it is not feasible at all.





Title: Re: Uniswap
Post by: southerngentuk on September 17, 2020, 05:18:38 AM
Yesterday Uniswap released its own token called UNI , That is the problem with DEXes , a lot of fake tokens with a similar name but different smart contracts are in it and also charges so much fee for swapping, Maybe bounce.finance is a better idea for the pool.


Title: Re: Uniswap
Post by: studio1one on September 17, 2020, 05:29:08 AM
$5 for unlocking tokens, $12 for token sell. $17 you could buy 8 days of food with it here, horseshit fees.
its really insane mate, but we could not do nothing with this gas fee. every trader set their gas fee higher to make sure transaction confirmed soon. maybe only network improvement could solved this and ethereum 2.0 be solution.
waiting for ethereum 2.0 is too long and it is better in my opinion to use another dex that offers a cheaper fee than uniswap, it's just that the volume is usually not as good as uniswap but that is the most efficient way, and also if you have limited capital, trading on cex exchange saves more fees even though the choice tokens on cex exchange are not much like uniswap but I think they are very adequate.

You may give a try to 1inch exchange (dex aggregator), they have their native token which reduces the gas fees:

More info: https://medium.com/@1inch.exchange/1inch-introduces-chi-gastoken (https://medium.com/@1inch.exchange/1inch-introduces-chi-gastoken-d0bd5bb0f92b#:~:text=The%201inch%20team%20has%20launched%20Chi%2C%20a%20next-generation%20Gastoken,efficiency%20in%20the%20crypto%20industry.)

I am hoping uniswap will use 2 layer or something to reduce gas fees. Currently using it is not feasible at all.


Uniswap just released it's own tokens as well so I am hoping that they will too provide some sort of trading fee discount. But, the problem is not uniswap IMO it's the clogged ETH network which is causing such high tx fees.


Title: Re: Uniswap
Post by: shoreno on September 17, 2020, 05:46:24 AM
Yesterday Uniswap released its own token called UNI ,

i see no problem to that  . if the uni coin is not the first that they have created or let say they create so many junk coins then that is already bothering

That is the problem with DEXes , a lot of fake tokens with a similar name but different smart contracts are in it
dexes is only a kind of exchange and its not the one to be blame here because they dont produce all the tokens but those tokens are created by different personalities  . while im not saying you blame all the devs of the tokens but blame only those who are creating multiple coins for the sake of money .


Title: Re: Uniswap
Post by: Kupid002 on September 17, 2020, 05:51:19 AM
Yesterday Uniswap released its own token called UNI , That is the problem with DEXes , a lot of fake tokens with a similar name but different smart contracts are in it and also charges so much fee for swapping, Maybe bounce.finance is a better idea for the pool.

that token free from uniswap  is another free money lucky those people that use that exchange before they will recieve  free tokens with value by now . So if you know you use uni swap before September try to login now and claim your free uni  tokens. Its free and you can also able to sell it now.


Title: Re: Uniswap
Post by: amishmanish on September 17, 2020, 06:09:26 AM
The token from uniswap immedjately got listed on binance. CZ is busy playing games by lisitng all kind of shit tokens riding on the Defi wave including Sushi. He wouldn't want to lose on the trading fee. Uni has seen a low of 0.3 and a high of 15USD within hours of lisitng.

If you have a trade history on uniswap, you will have it in your account when you connect with your wallet. i've heard that claiming it needs a huge gas fees. If its less than what you will get from selling on binance then you can easioy make a profit till everyone dumps it on each other. Last i checked it was still trading at almost 3 USD.


Title: Re: Uniswap
Post by: minairia3 on September 17, 2020, 07:00:02 AM
that token free from uniswap  is another free money lucky those people that use that exchange before they will recieve  free tokens with value by now . So if you know you use uni swap before September try to login now and claim your free uni  tokens. Its free and you can also able to sell it now.
Yes I did and luckily my account is counted for the uniswap airdrop. This is one of the airdrop that is really big reward uniswap really give money to the community. I think its okay given that fees on using it is quite expensive. I dont know but this will be a hype coin in the future. Lucky those who have received it. Able to sell mine at a good price anyway, its still free money.


Title: Re: Uniswap
Post by: libert19 on September 17, 2020, 07:55:47 AM
$5 for unlocking tokens, $12 for token sell. $17 you could buy 8 days of food with it here, horseshit fees.
its really insane mate, but we could not do nothing with this gas fee. every trader set their gas fee higher to make sure transaction confirmed soon. maybe only network improvement could solved this and ethereum 2.0 be solution.
waiting for ethereum 2.0 is too long and it is better in my opinion to use another dex that offers a cheaper fee than uniswap, it's just that the volume is usually not as good as uniswap but that is the most efficient way, and also if you have limited capital, trading on cex exchange saves more fees even though the choice tokens on cex exchange are not much like uniswap but I think they are very adequate.

You may give a try to 1inch exchange (dex aggregator), they have their native token which reduces the gas fees:

More info: https://medium.com/@1inch.exchange/1inch-introduces-chi-gastoken (https://medium.com/@1inch.exchange/1inch-introduces-chi-gastoken-d0bd5bb0f92b#:~:text=The%201inch%20team%20has%20launched%20Chi%2C%20a%20next-generation%20Gastoken,efficiency%20in%20the%20crypto%20industry.)

I am hoping uniswap will use 2 layer or something to reduce gas fees. Currently using it is not feasible at all.


Uniswap just released it's own tokens as well so I am hoping that they will too provide some sort of trading fee discount. But, the problem is not uniswap IMO it's the clogged ETH network which is causing such high tx fees.

Yes that's true, but uniswap could use layer 2 solutions to mitigate the fees.


Title: Re: Uniswap
Post by: CaVO32 on September 17, 2020, 08:24:16 AM
The token from uniswap immedjately got listed on binance. CZ is busy playing games by lisitng all kind of shit tokens riding on the Defi wave including Sushi. He wouldn't want to lose on the trading fee. Uni has seen a low of 0.3 and a high of 15USD within hours of lisitng.

If you have a trade history on uniswap, you will have it in your account when you connect with your wallet. i've heard that claiming it needs a huge gas fees. If its less than what you will get from selling on binance then you can easioy make a profit till everyone dumps it on each other. Last i checked it was still trading at almost 3 USD.

The statement of CZ regarding that Sushi listing is really disappointing. I have high regards with Binance but with such CZ's open statement, we need to be very careful with the tokens listed in BNB. It only means that not all tokens listed on their platform has real use case or has passed their stringent requirements. If they see that they can capitalize the trading fees, they can list the token.


Title: Re: Uniswap
Post by: Cvetik56 on September 17, 2020, 10:25:39 AM
Quick question regarding the airdrop. If you haven't traded on uniswap before is it too late to receive the airdrop? Is there a link where I can find more information (I checked already)?
If you're referring to 400 uni giveaway which is going on right now - you can claim your free 400 UNI only if you traded on uniswap at least once.
That is the only information I personally have, you should re-check this


Title: Re: Uniswap
Post by: Kupid002 on September 17, 2020, 10:52:48 AM
Quick question regarding the airdrop. If you haven't traded on uniswap before is it too late to receive the airdrop? Is there a link where I can find more information (I checked already)?

yes you are no longer able to receive the free tokens from airstrip if you are not using that platform before they give that free coins.


There are many persons I know that receive free UNI tokens and its worth it of waiting .
But there are other options such as you need to make liquidity in that exchange and you will rewarded in tokens in the future.

By the way to understand more you can read this blog https://uniswap.org/blog/uni/ .


Title: Re: Uniswap
Post by: sangjoewara on September 17, 2020, 10:57:05 AM
Quick question regarding the airdrop. If you haven't traded on uniswap before is it too late to receive the airdrop? Is there a link where I can find more information (I checked already)?
According to the information I got from my friend who has received as much as 400 UNI rewards, he said that the reward is only given once, and will not be given again to traders who have just started it at this time, for further information I also don't know


Title: Re: Uniswap
Post by: calandra78 on September 17, 2020, 11:00:56 AM
Quick question regarding the airdrop. If you haven't traded on uniswap before is it too late to receive the airdrop? Is there a link where I can find more information (I checked already)?
According to the information I got from my friend who has received as much as 400 UNI rewards, he said that the reward is only given once, and will not be given again to traders who have just started it at this time, for further information I also don't know
The reward is intended for people who have already traded at Uniswap. and they can claim their rewards as much as you mentioned earlier. Of course, new traders will not get it, because the reward is only for those who from the start believed in using Uniswap with a high enough fee.


Title: Re: Uniswap
Post by: UniversityCoin on September 17, 2020, 10:05:22 PM
The token from uniswap immedjately got listed on binance. CZ is busy playing games by lisitng all kind of shit tokens riding on the Defi wave including Sushi. He wouldn't want to lose on the trading fee. Uni has seen a low of 0.3 and a high of 15USD within hours of lisitng.

If you have a trade history on uniswap, you will have it in your account when you connect with your wallet. i've heard that claiming it needs a huge gas fees. If its less than what you will get from selling on binance then you can easioy make a profit till everyone dumps it on each other. Last i checked it was still trading at almost 3 USD.

All right. Today, many people have earned thousands of dollars just for the fact that they once traded on Uniswap. This is a very good compensation for high commissions. It is a pity that only those who traded on the exchange before September 1 received it.


Title: Re: Uniswap
Post by: orientDEV on September 17, 2020, 10:55:51 PM
I already see fees at 50 $ being unviable for many people, for a decentralized market this will be worse than the centralized market, however it is not always this high price!


Title: Re: Uniswap
Post by: ije07 on September 17, 2020, 11:08:25 PM
the uniswap DEX exchange is well known for its high transaction fees and many traders rarely use the centralized exchange, but recently the Defi project is on the rise and the Uniswap exchange brings great hopes to the cryptoqurrency industry, such as the huge prize (UNI: $ 1200) they offer its users, this will attract the trader's attention instead of the thrill of trying to trade there.


Title: Re: Uniswap
Post by: bitcoinsvrocks on September 18, 2020, 01:57:52 AM
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


Title: Re: Uniswap
Post by: jubalix on September 18, 2020, 02:14:51 AM
Ok so I had to buy my 400 UNISWAPS as I was otherwise to busy to look at it earlier this year, though as soon as I saw it i tried it but to late

I looks like a new form of ICO model

Build use it, get airdroped.

Pay to Use!!!! but retrospectively.

well thats new. I think only NEM has a similar airdrop, pay to just post in a thread


IF eth 2.0 get of the ground and fees can be dealt with Uniswap or something siliar could take a large chunk of the traditional stock market becuase the trades are trasperant, and liquidity can be had.

No other tradional market is transperant.


Title: Re: Uniswap
Post by: cryptoperkele on September 18, 2020, 05:43:35 AM
...
IF eth 2.0 get of the ground and fees can be dealt with Uniswap or something siliar could take a large chunk of the traditional stock market becuase the trades are trasperant, and liquidity can be had.

No other tradional market is transperant.

I actually see this could be the reason it won't get to adopted to stocks. Traditional investors don't want everyone to see on what you have invested with timestamps. In fact quite opposite. Without providing zero knowledge for transactions with kyc implemented on the exchange because of regulators, this won't work.


Title: Re: Uniswap
Post by: xOdiumNostrumx on September 18, 2020, 07:09:49 AM
You can also look at that UNI airdrop as a payback for all the absurdly high fees that Uniswap users throw away during the DeFi craze that fully congested the ETH network. So we got our money back with some extra bonus on top of it. Stellar more from the Uniswap team, giving back to community and their early supporters.


Title: Re: Uniswap
Post by: giammangiato on September 18, 2020, 10:13:30 AM
sweet! 400 UNI is a right prize for sufferint high fee
I'm happy to be able to participate, for now I'm keeping them let's see what happens

I think it will be a very useful token, maybe you can pay the fees


Title: Re: Uniswap
Post by: Plinteng on September 18, 2020, 10:23:26 AM
One of the main reasons why I avoided Uniswap is because of the insane transaction fees, at that time I wanted to try to exchange a small amount of tokens for less than $ 70 and I was charged more than the amount I wanted to trade, which is equivalent to $ 10- $ 15 which is very expensive.


Title: Re: Uniswap
Post by: makishart on September 18, 2020, 12:21:15 PM
One of the main reasons why I avoided Uniswap is because of the insane transaction fees, at that time I wanted to try to exchange a small amount of tokens for less than $ 70 and I was charged more than the amount I wanted to trade, which is equivalent to $ 10- $ 15 which is very expensive.
That's worth with the airdrop that has already received by the participants. $2k airdrop for free and when you are doing more txs on uniswap use the more address and you will receive more than it. imagine when you are doing it with 10 or 20 addresses and you could buy a new car or even house.

as long as the fees is still less than $100 and that's still worth to did it in the past.

Some people have even received multi million dollars from this airdrop. this is a very big surprise for everyone.


Title: Re: Uniswap
Post by: tokoorochan on September 18, 2020, 12:40:52 PM
One of the main reasons why I avoided Uniswap is because of the insane transaction fees, at that time I wanted to try to exchange a small amount of tokens for less than $ 70 and I was charged more than the amount I wanted to trade, which is equivalent to $ 10- $ 15 which is very expensive.
yes it is ,actually i do the same thing with you mate. but condition that make me must trade on uniswap when there is no other exchanges to sold my bounty token.if we calculate fee in each transaction its very big and maybe not worth with our token value. but once again its about factor luck bacause no one know about current condition.


Title: Re: Uniswap
Post by: ICO-Master on September 18, 2020, 12:44:03 PM
An absolutely shocking (in a good way) and welcome surprise!

~ $2000 was better than Trump's COVID relief cheque.


Title: Re: Uniswap
Post by: livingfree on September 18, 2020, 12:52:19 PM
One of the main reasons why I avoided Uniswap is because of the insane transaction fees, at that time I wanted to try to exchange a small amount of tokens for less than $ 70 and I was charged more than the amount I wanted to trade, which is equivalent to $ 10- $ 15 which is very expensive.
It's too late to say that. We're mostly worrying about the fees but not aware of the potential reward that it will give.

Well congratulations to those who have tried it prior to the airdrop. They deserve to have it as they've risk their money and considered the fees but didn't mind it.

They get 400 UNI and is fine paying for $10-$50 transfer fee with that free money.


Title: Re: Uniswap
Post by: zenit22 on September 18, 2020, 03:30:29 PM
Lucky everyone who got this airdrop. Congrats!  I had tokens for sale, but I sold them later than 1 September. I thought to save on the fee, in August it was high.. I should have done everything earlier...


Title: Re: Uniswap
Post by: cepot9 on September 18, 2020, 05:12:39 PM
I am not interested because it requires a large transaction fee, but I bought a token at Uniswap at the end of August and it turned out that it was a blessing because Uniswap gave 400 UNIs for free to those who had traded there even once. I was throwing away a transaction fee of about $8 and the other day they gave a big gift of around $1000 :D


Title: Re: Uniswap
Post by: @baoli on September 18, 2020, 09:34:40 PM
The issue of high fee has always scared me away from the platform. But recently they did the airdrop that I currently regret not trading at all on the platform. They shared 400 UNI token to users and the airdrop is currently worth 6$ per token.


Title: Re: Uniswap
Post by: viananda2525 on September 18, 2020, 10:43:06 PM
The high fees in uniswap is really expensive and this is it for those who got 400 uni you must be lucky. A lot of people are talking about they just received. A free money to those who use their exchange. I miss this airdrop since I’m not using this exchange.
this airdrop could recover high fee while trading in uniswap and even we got profit from it.

I am not interested because it requires a large transaction fee, but I bought a token at Uniswap at the end of August and it turned out that it was a blessing because Uniswap gave 400 UNIs for free to those who had traded there even once. I was throwing away a transaction fee of about $8 and the other day they gave a big gift of around $1000 :D
you got it, your fees now make you get profit only in a day.


Title: Re: Uniswap
Post by: Fredomago on September 18, 2020, 11:06:01 PM
One of the main reasons why I avoided Uniswap is because of the insane transaction fees, at that time I wanted to try to exchange a small amount of tokens for less than $ 70 and I was charged more than the amount I wanted to trade, which is equivalent to $ 10- $ 15 which is very expensive.
It's too late to say that. We're mostly worrying about the fees but not aware of the potential reward that it will give.

Well congratulations to those who have tried it prior to the airdrop. They deserve to have it as they've risk their money and considered the fees but didn't mind it.

They get 400 UNI and is fine paying for $10-$50 transfer fee with that free money.

Lucky for them who really didn't mind the fees, They are now enjoying the free money coming the team.

It surely be enjoyable to those traders who just ride with the trend without knowing this airdrops that's really a huge amount
or free rewards hut by using this exchange,.

Congrats to all lucky traders.


Title: Re: Uniswap
Post by: inanilujimi on September 19, 2020, 02:03:11 AM
Unfortunately I have never traded here, with gas costs that are too high to make me reluctant to do so and congratulations for the participants who have received an amazing airdrop this year, I thought I would never see a big airdrop again after 2017. I was wrong.


Title: Re: Uniswap
Post by: lepbagong on September 19, 2020, 06:26:41 AM
The issue of high fee has always scared me away from the platform. But recently they did the airdrop that I currently regret not trading at all on the platform. They shared 400 UNI token to users and the airdrop is currently worth 6$ per token.
a fortune that you receive from feeling disappointed at first, hopefully it will be a lesson too. I am happy that this will certainly make the airdrop not underestimated because the value obtained is quite attractive too. hopefully there will be many who give surprises like that, because it has been too long there have been no surprises that make bounties a hope.


Title: Re: Uniswap
Post by: UniversityCoin on September 19, 2020, 10:08:51 PM
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

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.


Title: Re: Uniswap
Post by: mich on October 05, 2020, 06:30:18 AM
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.


Title: Re: Uniswap
Post by: GreenStox on October 05, 2020, 07:59:24 AM
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.


Title: Re: Uniswap
Post by: slackovic on October 05, 2020, 08:44:20 AM
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.


Title: Re: Uniswap
Post by: giammangiato on October 05, 2020, 08:47:14 AM
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


Title: Re: Uniswap
Post by: 50 Cent on October 05, 2020, 06:52:50 PM
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


Title: Re: Uniswap
Post by: GatotKaca on October 05, 2020, 07:20:31 PM
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


Title: Re: Uniswap
Post by: ichi on December 01, 2020, 06:47:37 AM
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.


Title: Re: Uniswap
Post by: themohit on December 01, 2020, 07:16:25 AM
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.
Uniswap probably saved a lot of arses from being homeless during quarantine


Title: Re: Uniswap
Post by: Menawi12 on December 01, 2020, 07:56:23 AM
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.


Title: Re: Uniswap
Post by: Gayong88 on December 01, 2020, 08:03:14 AM
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.


Title: Re: Uniswap
Post by: nomenclatur on December 01, 2020, 08:12:35 AM
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.


Title: Re: Uniswap
Post by: Skadi360 on December 01, 2020, 08:22:56 AM
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


Title: Re: Uniswap
Post by: jessyj48 on December 01, 2020, 08:33:04 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...
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


Title: Re: Uniswap
Post by: Stanlo on December 01, 2020, 08:44:46 AM
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


Title: Re: Uniswap
Post by: kpierce77 on December 01, 2020, 08:57:02 AM
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


Title: Re: Uniswap
Post by: Aldrinx00 on December 01, 2020, 10:31:21 AM
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.


Title: Re: Uniswap
Post by: globalcitizen on December 01, 2020, 11:13:42 AM
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.


Title: Re: Uniswap
Post by: trauchot on December 01, 2020, 11:51:15 AM
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.


Title: Re: Uniswap
Post by: Slingshot on December 01, 2020, 05:54:11 PM
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.