Jackl87
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September 06, 2020, 04:44:51 PM |
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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
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wmaurik
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September 06, 2020, 07:27:42 PM |
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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.
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Diamond_Darrell
Full Member
Offline
Activity: 1106
Merit: 103
♦♣♥♠
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September 06, 2020, 07:48:12 PM |
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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
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qiwoman2
Legendary
Offline
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
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September 06, 2020, 07:54:40 PM |
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Yeah I been using Uniswap for the last two weeks but the fees are incredibly high and now with the market crash we had the last three days and some of the coins I was buying and trading have tanked have stopped using it until the market improves. I bought two the rug pulled but out of ten projects am still holding five that have a good roadmap and potential. Uniswap has become like the ICO on ramp of 2017 with many scams and shabby shit coins. Some though launch on Uniswap that have great potential, so we all need to do harder due diligence and research.
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50 Cent
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September 06, 2020, 07:59:49 PM |
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did you guys try trading on it? i heard fees are insane. how much gas i pay for lets say 100$? im fomo with bunch of shitcoins there as they grow insanely, i wanna catch some profit there before coins dump...
if you want to learn uniswap, you can try Justswap. trx platform with low fee. do be fomo. learn before about it. because some new defi project is scam. good luck
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UniversityCoin
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September 11, 2020, 11:43:03 PM |
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did you guys try trading on it? i heard fees are insane. how much gas i pay for lets say 100$? 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.
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Zemomtum
Full Member
Offline
Activity: 1316
Merit: 104
CitizenFinance.io
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September 11, 2020, 11:59:38 PM |
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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
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ser7878
Jr. Member
Offline
Activity: 34
Merit: 2
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September 12, 2020, 02:41:04 AM |
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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 - $any_token pair, so it makes more sense to order as much as you can so its more profitable
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btc-facebook
Legendary
Offline
Activity: 1862
Merit: 1015
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September 12, 2020, 04:23:27 AM |
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This is an exchange for projects that has no future plans get listed and catch out 100s of ETH, it is the major cause of what is causing the ETH price crash, people are catching out from UniSwap and dumping in the market
I am curious what is the reason you say Uniswap for projects that have no future? if in case many projects fail there, it is not Uniswap's fault, but because the project team is not serious about developing the project, Uniswap was founded to make it easier for crypto users to trading there, and also to popularize cryptocurrency about Decentralization, because most people only know about CEX and don't know about DEX.
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Leonard2016
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September 12, 2020, 04:37:58 AM |
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I have done a few trades on it , I remember I had to buy BZRX in the first day of listing there because i couldn't find it anywhere else , but the gas fee was a lot especially for swapping! I paid around 37$ for the gas fee but hopefully, BZRX made it up for me , It was 20 cents back then .
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Zandra
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Activity: 418
Merit: 100
24/7 COMMUNITY MANAGER 💯
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September 12, 2020, 06:55:35 AM |
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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.
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UniversityCoin
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September 13, 2020, 08:07:29 PM |
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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.
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minatour
Member
Offline
Activity: 687
Merit: 11
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September 14, 2020, 11:24:41 PM |
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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.
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Google+
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September 14, 2020, 11:42:49 PM |
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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.
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Twinkledoe
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Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
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September 14, 2020, 11:44:03 PM |
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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.
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djmixen
Member
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Activity: 518
Merit: 11
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September 15, 2020, 03:02:22 AM |
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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.
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libert19
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September 15, 2020, 04:59:12 AM |
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$5 for unlocking tokens, $12 for token sell. $17 you could buy 8 days of food with it here, horseshit fees.
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luckyflop
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September 15, 2020, 05:14:15 AM |
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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.
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giammangiato
Legendary
Online
Activity: 1862
Merit: 1327
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September 15, 2020, 08:44:38 AM |
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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
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iged_war
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September 15, 2020, 09:25:49 AM |
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$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.
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