Uniswap

[Stanlo]

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

[kpierce77]

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

[Aldrinx00]

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.

[globalcitizen]

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.

[trauchot]

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.

[Slingshot]

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.