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Author Topic: Uniswap  (Read 1399 times)
kpierce77
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December 01, 2020, 08:57:02 AM
 #141

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
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December 01, 2020, 10:31:21 AM
 #142

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
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December 01, 2020, 11:13:42 AM
 #143

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
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December 01, 2020, 11:51:15 AM
 #144

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
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December 01, 2020, 05:54:11 PM
 #145

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.
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