Uniswap

[libert19]

$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

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.

[1714878486]

1714878486

[CaVO32]

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.

[Cvetik56]

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

[Kupid002]

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/ .

[sangjoewara]

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

[calandra78]

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.

[UniversityCoin]

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.

[orientDEV]

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!

[ije07]

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.

[bitcoinsvrocks]

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

[jubalix]

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.

[cryptoperkele]

...
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.

[xOdiumNostrumx]

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.

[giammangiato]

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

[Plinteng]

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.

[makishart]

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.

[tokoorochan]

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.

[ICO-Master]

An absolutely shocking (in a good way) and welcome surprise!

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

[livingfree]

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.

[zenit22]

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...