@baoli
Jr. Member
Offline
Activity: 1162
Merit: 1
Base.protocol
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September 18, 2020, 09:34:40 PM |
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The issue of high fee has always scared me away from the platform. But recently they did the airdrop that I currently regret not trading at all on the platform. They shared 400 UNI token to users and the airdrop is currently worth 6$ per token.
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Base Protocol (https://baseprotocol.org): One Token to Hold Them ALL | [url=https://baseprotocol.
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viananda2525
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September 18, 2020, 10:43:06 PM |
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The high fees in uniswap is really expensive and this is it for those who got 400 uni you must be lucky. A lot of people are talking about they just received. A free money to those who use their exchange. I miss this airdrop since I’m not using this exchange.
this airdrop could recover high fee while trading in uniswap and even we got profit from it. I am not interested because it requires a large transaction fee, but I bought a token at Uniswap at the end of August and it turned out that it was a blessing because Uniswap gave 400 UNIs for free to those who had traded there even once. I was throwing away a transaction fee of about $8 and the other day they gave a big gift of around $1000 you got it, your fees now make you get profit only in a day.
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Fredomago
Legendary
Offline
Activity: 3150
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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September 18, 2020, 11:06:01 PM |
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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-$50 transfer fee with that free money. Lucky for them who really didn't mind the fees, They are now enjoying the free money coming the team. It surely be enjoyable to those traders who just ride with the trend without knowing this airdrops that's really a huge amount or free rewards hut by using this exchange,. Congrats to all lucky traders.
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inanilujimi
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September 19, 2020, 02:03:11 AM |
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Unfortunately I have never traded here, with gas costs that are too high to make me reluctant to do so and congratulations for the participants who have received an amazing airdrop this year, I thought I would never see a big airdrop again after 2017. I was wrong.
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lepbagong
Full Member
Offline
Activity: 2352
Merit: 121
Reward: 10M Sheen (Approx. 5000 BNB) Bounty
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September 19, 2020, 06:26:41 AM |
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The issue of high fee has always scared me away from the platform. But recently they did the airdrop that I currently regret not trading at all on the platform. They shared 400 UNI token to users and the airdrop is currently worth 6$ per token.
a fortune that you receive from feeling disappointed at first, hopefully it will be a lesson too. I am happy that this will certainly make the airdrop not underestimated because the value obtained is quite attractive too. hopefully there will be many who give surprises like that, because it has been too long there have been no surprises that make bounties a hope.
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UniversityCoin
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September 19, 2020, 10:08:51 PM |
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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
Be careful, liquidity pools hide a great danger, if you do not have time to withdraw your money in time, you can lose them when everything starts to collapse.
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mich
Legendary
Offline
Activity: 3318
Merit: 1034
#1 VIP Crypto Casino
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October 05, 2020, 06:30:18 AM |
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Uniswap had a very great month of September with 15.3 Billion dollars in volume. This is more volume then even Coinbase. This is a good showing that DeFi is here to stay for longrun.
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GreenStox
Sr. Member
Offline
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
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October 05, 2020, 07:59:24 AM |
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some may be trading there because there are some projects that are just released in that market. but for traders with small capital it looks like it will be difficult because the feenya is large enough for one transaction.
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slackovic
Legendary
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Activity: 2618
Merit: 1236
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October 05, 2020, 08:44:20 AM |
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Dex fee are stupidly expensive, due to ethereum gas fee and the current popularity of decentralized finance as the fees spike over 500% in one month, for now it's not recommended for day trading or for trader just in general. The good think is Ethereum 2.0 getting closer and closer as it will reduce the gas fees and hopefully in the future the Ethereum technology will keep improving and maybe Dex can even be a first choice for trader.
Ethereum 2.0 is not the only thing that will help with the high transaction costs. As I read somewhere, Uniswap is developing it's v3 which will rely on the layer-two solution that could help improve transaction speed. For example, xDai chain is layer-two solution. It is an Ethereum sidechain that can proces transactions at the speed of 60 tx per second, while Ethereum can process about 15 tx per second. So you see, it is four times faster than Ethereum and I'm pretty sure once Uniswap v3 goes live, it's volume will increase even more.
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giammangiato
Legendary
Offline
Activity: 1904
Merit: 1348
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October 05, 2020, 08:47:14 AM |
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I have some problems with a token that was listed on uniswap and now I can't swap in USDT. Only with eth but this is very strange because it's the first time that it happens. I don't wanna swipe twice because they are a few of dollars
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GatotKaca
Sr. Member
Offline
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
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October 05, 2020, 07:20:31 PM |
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uniswap is currently the most popular defi exchanger although the fees there are expensive, many use exchanger it so nice view and fast network is its advantage especially yesterday had made a surprise by making an airdrop which is can big profit for its users
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ichi
Member
Offline
Activity: 182
Merit: 10
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December 01, 2020, 06:47:37 AM |
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I additionally attempted to get some shitcoins from uniswap and get some benefit. In any case, I don't believe it's justified, despite any trouble for an individual like me who has truly modest quantity close by to make some exchange. The expense is exceptionally crazy. Recently I attempted to purchase a badge of 0.5eth, The gwei was 145. It nearly accepting 7$ of my wallet as an expense. That implies I am as of now on a 7$ misfortune. Thus, I don't think it is justified, despite all the trouble for me I would prefer to go to binance and attempt some time or another exchanging.
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themohit
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December 01, 2020, 07:16:25 AM |
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An absolutely shocking (in a good way) and welcome surprise!
~ $2000 was better than Trump's COVID relief cheque.
I've seen a guy who received literally UNI enough to convert in >$1mil. Uniswap probably saved a lot of arses from being homeless during quarantine
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Menawi12
Member
Offline
Activity: 700
Merit: 10
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December 01, 2020, 07:56:23 AM |
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Shitcoin is actually not only on Uniswap, I think there are also many other exchangers including centralized exchangers. I think there are some exchangers who have policies, the most important thing is that the project pays a listing fee and doesn't care about the performance of the token after listing.
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Gayong88
Member
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Activity: 1540
Merit: 22
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December 01, 2020, 08:03:14 AM |
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In my opinion, it is natural if the hype is still ongoing today and is not the main obstacle when someone makes a transaction at Uniswab with high fuel costs because it is still considered appropriate and profitable after making a transaction.
This moment is also used by some exchange platforms where they compete to provide a place for this process to be carried out.
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nomenclatur
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December 01, 2020, 08:12:35 AM |
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uniswap where many people are tempted by shitcoin a new coin pump at the beginning and will dump quickly uniswap exchanges which are very risky for gas prices also greatly affect trade if the dumping price continues then only losses are certain to get I myself have ever traded shitcoin and it was a risk of loss very high because the dump and pump happened for a few minutes and it felt that the loss worries were getting bigger.
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Skadi360
Jr. Member
Offline
Activity: 66
Merit: 1
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December 01, 2020, 08:22:56 AM |
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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
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jessyj48
Member
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Activity: 756
Merit: 14
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December 01, 2020, 08:33:04 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...
I don't do trading on uniswap because I never like the decentralized idea in crypto space today, you can buy bitcoin or other coins on uniswap but if you are trying to buy tokens you need to be extremely careful, there are many cloned tokens on the exchange, high fee is still present too, making centralized exchanges the better choice
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Stanlo
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December 01, 2020, 08:44:46 AM |
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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
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