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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: mr pickles on November 24, 2021, 07:33:28 AM



Title: Uniswap dex question
Post by: mr pickles on November 24, 2021, 07:33:28 AM
Hi guys I have a question for you. I knew that in order to swap eth with erc20 tokens on uni it requires to have a wrapped eth. But when using it with metamask it did accepted my eth straight away without the need to convertit into weth first

...is it normal? tks


Title: Re: Uniswap dex question
Post by: asriloni on November 24, 2021, 07:42:11 AM
Hi guys I have a question for you. I knew that in order to swap eth with erc20 tokens on uni it requires to have a wrapped eth. But when using it with metamask it did accepted my eth straight away without the need to convertit into weth first
Yes it's normal. I guess the interaction with contract will make your ethereum to be swapped into WETH automatically and when you're converting something (i.e token) your token will be considered into the ethereum automatically. The process has been done by the smartcontract that already programmed to swap your native ethereum into the WETH(erc20 ethereum)

...is it normal? tks
Yes it is normal. This is an example https://etherscan.io/tx/0xe79b02313d406393f2a7046ff4d0f75aa2fd0bc632b790db1593d6851046b8bf

Your ethereum will be sent to the custodian wallet as collateral and the contract will be sending WETH for that.


Title: Re: Uniswap dex question
Post by: RussianEnglishTranslation on November 24, 2021, 07:58:08 AM
Hi guys I have a question for you. I knew that in order to swap eth with erc20 tokens on uni it requires to have a wrapped eth. But when using it with metamask it did accepted my eth straight away without the need to convertit into weth first

...is it normal? tks
You are still trading on Ethereum? You need to move to Aurora or NEAR and trade on Ref Finance, gas fees are 0 on Aurora and .01 usd on NEAR protocol. Bridge your funds to a different chain and stop losing money.


Title: Re: Uniswap dex question
Post by: mr pickles on November 24, 2021, 08:41:05 AM
tank you all guys

can i use eth and metamask on Near? how do i pay the fees in eth?


Title: Re: Uniswap dex question
Post by: mr pickles on November 24, 2021, 09:05:15 AM

You are still trading on Ethereum? You need to move to Aurora or NEAR and trade on Ref Finance, gas fees are 0 on Aurora and .01 usd on NEAR protocol. Bridge your funds to a different chain and stop losing money.

some of the token i am buying are only swapped on uni or pancake like octopus network or beyond protocol