Bitcoin Forum

#Updates

20 August 2020 [Whitepaper Release] : https://unitrade.app/pdfs/UniTrade-Whitepaper.pdf
07 September 2020 [New Exchange] : https://www.okex.com/in/spot/full/trade-usdt
09 September 2020 [New Exchange] : https://bilaxy.com/trade/TRADE_ETH
09 September 2020 [AMA with Chinese community] : https://t.me/UniTradeApp/58633
12 September 2020 [Beta Launch] : https://unitradebeta.com/

It always made me conclude that a project is a scam whenever John Mcafee's name is on the graphic presentation of the team's ANN thread. I may not be the one who thinks this way but the guy's name had been used over and over to scam investors and he enjoys it.

We have been warned about Defi going to be used to scam people all because this rally is somewhat caused by the defi projects.

Hello Cabron, one of our dev @reborn1002 (https://web.telegram.org/#/im?p=@reborn1002) is also developer from Ghost Coin this is why we mention Ghost Coin on our announcement. We have community on telegram that is pretty active, you can join our telegram group if you have any further questions to discuss about.

yes, you don't need to have account on our exchange, instead you can use web3 compatible wallet e.g. MetaMask.

is there any whitepaper that you could share for the details of the project? i couldn't find it anywhere in the website

quoted from the website 'TRADE tokens purchased with ETH from fees on UniTrade are burned by the contract.' what does this mean?

Hello, (1) Whitepaper will be released on 20 August, (2) TRADE tokens will be purchased from fee that has been collected from someone who use our platform in form of ETH to buyback the TRADE tokens

Hello Innerpumper,
1. You can buy the token by clicking buy TRADE on our website, there's no IEO at the moment.
2. UniTrade is a completely decentralized trading platform in the DeFi space that is built on top of UniSwap liquidity pools and requires no KYC, no accounts, and has no trading limits.
3. Our token utility is to get discount when you do a trade from our platform
4. There's no campaign at the moment, i will try to follows up regarding this

Hello Denies Distro, Soe team choose to be anonymous as we believe in decentralized system. but you may talk with our team on telegram group  ;)


Hello Price Freed, some of our community did price prediction on our telegram group


Hello Lizarder, we will release the whitepaper tomorrow, please wait for the announcement  :)

Okay thank you for the update. We are looking forward to your whitepaper 👍🏻

We're proud to announce our whitepaper today!

This whitepaper contain information about Growth of DeFi & Liquidity Pools, Contract Architecture, Gas explanation on our platform, Token Economics, and many more! You can find the link to our whitepaper here : https://unitrade.app/pdfs/UniTrade-Whitepaper.pdf

Thank you very much, we will try our best to make it happen  :)

Hello Masfaii, I'm not sure about that, there may be one in the future, but at the moment we don't have any bounty campaign

I am very happy that finally the whitepaper has been released, I will try to read and understand more about this project. when the platform is planned to be used by the user?

I just saw this project and after reading the Whitepaper and roadmap it looks quite interesting and also because gas is expensive I think buying on cex is the right choice, but my question is whether to get 30% fee from trading, do i should to save it in personal wallet? or can still get it by saving it in cex wallet?

Actually I don't understand, but I can give a brief description of this, for CEX their Hot Wallet are prone to hacks and also to use CEX if you want to trade with large funds of course you have to do KYC, the advantage of using CEX is a lot of Old coins that support and are traded here, for DEX they do not use hot wallets or custodial wallets so it is safer than cex, does not require kyc and is free to trade with small or very large limits, the only drawback is that only traded tokens are supported by the ethereum network and also you can trade ethereum itself.

I don't know this is wrong or right, maybe those who follow DeFi and are experienced can correct my answer, in my opinion for cex wallet of course you won't get a small of eth from trading fee because you have to save it in a personal ethereum wallet like metamask or trustwallet.

Hello Crystalheng, you may find information about what token that been listed on our platform in this page - https://uniswap.info/tokens


Hello Marcous, our swap platform is ready to use, but for the trading platform please stay tuned  ;)


Hello Baejooh12, yes you may find the roadmap on our website Unitrade (https://unitrade.app/)


Hello Kananto, we do have plan to list Unitrade token on other exchanges in the future. please stay tuned


Hello Bitstalker, you need to hold Unitrade token on your own wallet


Good question Price Freed, in Decentralized Exchange we don't have access to your funds at all, this means you will the only one that have access to your own wallet, unless your computer got hacked or your private key got stolen you'll always be fine. Also if you love your privacy DEX is the best option as you don't need to fill your information at all.

here's the difference that i know so far about them, centralized exchanges act as middle men in order to facilitate trading on their platforms, in exchange for providing this service, intermediaries collect trading fees. decentralized exchanges are peer-to-peer, they match directly buyers and sellers and transactions conducted are nearly for no cost, therefore decentralized exchanges do not require intermediaries for their operation. from this brief explanation, we know who's win..

Hello Ridwan.P, the Unitrade token utility is for our DEX fee but you can still use Ethereum as a fee, the advantage of having Unitrade token is that you will receive a fee discount when you doing a trade on Unitrade DEX. for more information about this token you may visit our website Unitrade (https://unitrade.app/)

https://twitter.com/TrustSwap/status/1297729546691649536?s=20, actually I don't follow Unitrade but because I follow Trustswap and they made this partnership with Unitrade a surprise for me, I can't wait for this dex to launch next month.

It seems bounties are impossible because most projects are like Unitrade i already has a lot of volume in market, I think they don't need bounties anymore, but maybe they will often hold AMAs because currently, AMA is more popular for projects related to DeFi than Bounties, not meant to be part of the team but this is just an experience that I observe.

Liquidity Management is to assure you to get maximum earning by setting breakpoints. This break points can be used for buying more token from your desired market pair(s) or sell them when there's a price fall below your desired price.


Hello Mark, thank you for your support! at the moment we don't have a plan for bounty campaign, but maybe in the future we will run a campaign and announce it here. please stay tuned!


Hello Wmaurik, thank you for your support! we will announce the DEX launch in this thread later, please stay tuned  ;)

Hello. Yes, 2 of the team members are made their own project called Rocket and Distx. If it's necessary we're adding a new team member later on, but it's still unnecessary at the moment and we will follow the development as what promised in the roadmap.


Hello, Uniswap and Unitrade is different, Uniswap is an open source application. while we're (Unitrade) built on top of Uniswap. our token called TRADE, this token can be used for fee discount when you trade on our platform.  read about Unitrade on our website - Unitrade (https://unitrade.app/)

So is this exchange dedicated only to defi projects, hence, the name as defi exchange platform? What if the hype is already over. Do you think you can keep this platform alive?

as far as i know, burning reduces supply. vanity or not is subjective imho. additionally, in this case you will get eth rewards from the burning as well. individuals able to argue that staking is a vanity function, especially when you can unstake at anytime with no unstaking period.

This is a little strange for me, but because there is a change of team, it doesn't matter because maybe with a team member they can accelerate the development of Unitrade DexCheck on their website https://unitrade.app/ (https://unitrade.app/) because I think the explanation of their Roadmap is very clear there

Hello, the exchange itself is dedicated on ERC20 trading, even if DeFi hype is over we will still operate the exchange as decentralized exchange.


Hello, you may find the roadmap in this thread on the first page, you can also find the roadmap on our website - Unitrade (https://unitrade.app/)


Hello, the purpose of burning is to decrease the supply of the token, a small amount will be burned in daily basis with the max supply that being burned is 60%

we have to try and employ sort of 'customer service' that will help people deal with difficulties experienced when using dexs. another difficulty is the liquidity, simply you can't buy currency x because there is nobody offering it for sale, etc. notwithstanding the future looks bright, because there are many geeks working on dexs development including some crypto influencers out there. so just keep up the good work.

https://i.gyazo.com/92518250074f91850c5d23801dfae7a0.png

From design the final UI, it is quite interesting can't wait to see the UI so that it can be immediately applied to Unitrade Dex, btw in the future if Unitrade develops quite rapidly, is there any possibility that this UI will be overhauled again?

actually it doesn't need to be removed considering that currently dex also still has many weaknesses, I would much agree if cex exchange is slightly reduced and balanced with dex exchange considering that currently cex excyahge is more dominant than dex exchange, and this unitrade seems to play a role in overcoming this problem.

because this is like uniswap I think this will be the same so for those who have ledgers I think they have to connect to a wallet extension, for example metamask, after connecting from metamask just log in to unitrade and do trades like in uniswap.

may i know what is the relation between Unitrade and Uniswap? I was though it's the same, but when i read about it again it's different project. is that true?

Hello, that's right! you can buy TRADE on Uniswap exchange and hold it until our platform is released


Of course! you can sent your TRADE token to your Ethereum wallet on Ledger


Hello, to have fiat trading we need to be accepted by the government which is the idea of centralized exchanges, while Unitrade is a decentralized exchange. So, we won't list fiat pairs.


Hello, if community think the UX is hard to deal with we may overhaul the UI in the future


Hello, yes that's right Unitrade and Uniswap is a different project. Uniswap is an open-source software licensed under GPL. While Unitrade is an exchange platform created on top of Uniswap, adding more tools for traders.

don't expect so big because it is very difficult for a project like unitrade to enter binance, and also currently Binance is more focused on DeFI projects that develop liquidity mining because unitrade doesn't have it yet so it's very impossible in my opinion, and it's better to list on cex market which is in the top 20 but besides binance that's a great move in my opinion.

Hello, It's all thanks to our community that been really enthusiast about the project that keep us going until this time. you may join our telegram group if you have something to discuss about



Hello, DEX gives you more access to your own funds while CEX hold your funds inside their wallet. So DEX gives you more security than CEX

unitrade already listed on coinmarketcap (https://coinmarketcap.com/currencies/unitrade/) and this token today in the list of the biggest gainners coin in coinmarketcap

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

does any body know the reason behind this pump ?
thanks

Hello, yes that's right Uniswap and Unitrade are different. Uniswap is open source application that we use to develop Unitrade.


Hello, you may use what suit you the most, you can find the information about where TRADE token is listed on, here : https://coinmarketcap.com/currencies/unitrade/markets/


Hello, our platform going to be released in this month, 30th September 2020 to be exact

may i know what is the advantage of Unitrade compared to other decentralized exchange or even Uniswap itself?

Hello Everyone! TRADE token has been listed on Okex Exchange! you can now trade TRADE token on Okex! https://www.okex.com/in/spot/full/trade-usdt

Unitrade give you access to :

• Automate Your Trades:
  You will now be able to place sell or buy orders at target prices on Uniswap. Through the UniTrade platform you will be able to execute a buy order is a token's price reaches $0.50 for example or sell if it drops below $0.25
• Schedule Buys & Sells:
  With the UniTrade platform you can seamlessly schedule recurring buy orders or sell orders over a duration of time with specific parameters such as the price range of a token on UniSwap.
• Liquidity Management:
  Maximize earnings by setting breakpoints that will add or remove your liquidity pairs from Uniswap pools if the price falls below or increases past a set amount.
• and many more

You can find more information about it on our whitepaper : https://unitrade.app/pdfs/UniTrade-Whitepaper.pdf

This is good because Poloniex is still lacking, and I hope besides OKEX there will be another Major CEX that will list $TRADE token, and also I really hope development beta launch still on target.

is this exchange will only list DeFi only or other token can be listed here?

Actually I don't know about this, but there is a possibility that unitrade will be similar to uniswap "maybe" all token erc20 can be listed on their exchanges because almost all dex associated with defi definitely do that.

great, as i know okex is a good exchange, and in my opinion this is why the price of trade growing now

https://i.imgur.com/qNOQ2iC.png

regards

It makes sense considering OKEX is one of the major exchanges based on trading volume, it's just that because of this many copycats projects that seem to be imitating Unitrade concept and take UI a little because I just found a project that looks similar but I don't know that's just my feeling or there is an indication.

Hello, other token that based on ERC20 can be listed on our platform


Hello, you can trade as much as you want, there's no trading limit


Hello, the allocation of the token as below :
Total Supply: 50m
40% (20m) - OTC Presale
40% (20m) - UniSwap ETH/TRADE locked liquidity pool
10% (5m)  - Reserve & Team
10% (5m)  - Dev Audits, Marketing, Misc
for more information you can visit our website Unitrade (https://unitrade.app/)


Hello, every trading transaction is depend on Ethereum network itself you can read about it on our whitepaper (https://unitrade.app/pdfs/UniTrade-Whitepaper.pdf). the private token sale on this round has been completed and closed, for more information about this private sale you can visit our telegram group (https://web.telegram.org/#/im?p=@UniTradeApp)

Hi there, yes you need Web3 Wallet such as Metamask to logon to the Unitrade platform


Hello, please stay tuned for the update, we will post every update on this thread  ;)


Hello, you can withdraw them to your own ETH wallet since TRADE is ERC20 token.


Hi, yes it's true and we already listed there, you may read about it on Bilaxy official tweet here (https://twitter.com/Bilaxy_exchange/status/1303282449728692225?s=20)

Hello everyone! We're proud to announce that TRADE token is listed on Bilaxy Exchange!

You can already trade TRADE token on Bilaxy today with TRADE/ETH pair on : bilaxy.com/trade/TRADE_ETH (https://bilaxy.com/trade/TRADE_ETH)

Thank you for sharing the good news here.
What about the development of the Unitrade app in the Beta version, I saw on the roadmap that the Beta version will be launched on September 11, will it go as planned?

Currently Dex trend is making additional utility tokens to save gas costs, while Unitrade still does not have any tokens used for that. Will TRADE tokens in the future, possibly follow the steps taken by other Dex, if ethereum 2.0 next year does not materialize?

I am curious about the issue of beta access from what I heard requires 20000 trade tokens, so what about those who are very curious about dex unitrade, is there a review about this beta launch? or it is still private.

Hi! yes it'll go as planned  ;)
please stay tuned for the information that will coming soon


Hello, right now we're using Uniswap Liquidity for our patform, but maybe in the future we will put this to the consideration 


Hi, there are some internal operations to help bring gas costs lower, but ultimately these are the fees charged by the Ethereum network. In the worst case we will explore options to combat this issue. Right now it’s necessary to allow Ethereum v2.0 to launch and see how it affects the market first.


Please stay tuned for future information on our Telegram group  ;)


Hello, yes that's true, you need to have 20000 TRADE tokens to eligible to access our beta test, all the review will be released in the near future, please stay tuned 

Hello everyone! yesterday we have an AMA (Ask Me Anything) with members from Chinese community on WeChat, We had a very positive responses and excitement from the community, thank you for everyone that join the AMA! if you miss the AMA session and interested on the recap of the AMA yesterday, you can visit this link : UniTrade AMA Recap and Announcement (https://t.me/UniTradeApp/58633)

https://i.gyazo.com/0c5ffce24db7ee7511c4d9466ae7de20.png

Found this on the Telegram, but I'm still curious about this beta release because I have to wait another 14 hours to find out results of full launch, and also is it possible that Unitrade might also publish the results of this full beta launch for free by making a demo video?

Hi there, thank you for your kind word, yes it's a DEX just like Uniswap but of course we have something else on our platform  ;)


Hello, only people that hold 20000 TRADE tokens that able to access the beta, but normal users can access it when the platform is launched


Hi, if DeFi hype is over we will still operate the platform as DEX and that will never changes


Hi, there may be a video by our community on telegram as this beta only available for elite members. the platform launch isn't that far from the beta release so people can try it themselves


Hello, yes it's still follow it's roadmap and we will launch the beta access for elite members today, and yes you can access the platform on 30th September


Hello, we will launched the beta version today of the platform this can only be accessed by elite members, if you one of them you can check it on Unitrade elite member telegram group

We decided to open portion of the beta can be accessed by public!!! you can check it out the beta of our platform here : Unitrade public beta (https://unitradebeta.com/)

just check on their medium mate, https://medium.com/@UniTradeAPP everytime they made some update Unitrade always posted on their medium blog

Hello, in public beta there's some function being hide, you can access all the function after the official release


Hello, you can find the link to the announcement channel here : UniTrade Announcement Channel (https://t.me/UniTradeAnnouncements)

Well. the thing is I haven't really tried a DeFi Exchange platform such as uniswap and the likes and this one, duh, so regarding the smart contract it will be audited, right? And with that being said, whose the auditor behind the auditing of the smart contract?

according to the information in telegram group, staking feature will be there after full launch platform which will be held on 30 September, so please be patient and follow any information about full launch of Unitrade Dex.

From info on telegram group, wait until tomorrow because they are currently working on it and it's a bit unfortunate that their roadmap isn't ontime but hopefully they really do update with a reputable firm according to what they promised.

I think it is still forgivable whenever a project delay a bit from the precise and exact timeframe of their roadmap. The more important thing is that the team still are doing their best to make things up as soon a possible. Many unexpected circumstances such as sudden obstacles probably appear in the meantime, so hope that we are all as the supportive community can be supportive and put trust on UniTrade. It can generate the lifted work ethic from the team tho.

Delay is common in blockchain projects. However, they should fast track their developments because if their followers will get tired of waiting, they will just move on to the next project. As there are so many DeFi projects right now, their platform will be in demand, that is, if they will provide services that are competitive.

Hi, 60% of the fees in eth will be used to buy TRADE from uniswap liquidity pools and then burned


Hi there! yes, you can stake your token to get a reward from trading fee on daily basis!


No, everyone can use the platform with full access of it on the official release!

actually it's not a rush but this is more enthusiastic in my opinion and it also seems that there is a bit of delay because in the group telegram there is no progress regarding it but I hope that even though longer, the security audit results are promising because it is quite crucial if there are gaps and parties and auditors didn't notice.