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Author Topic: How often you trade on Uniswap?  (Read 349 times)
create_crypto (OP)
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January 01, 2021, 10:49:12 PM
 #1

I know that Uniswap became popular last 4 months for a lot of new users, and now we really have big decentralised exchange who could fight centralised exchanges.

So, how often you trade there?
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January 01, 2021, 10:58:33 PM
 #2

I know that Uniswap became popular last 4 months for a lot of new users, and now we really have big decentralised exchange who could fight centralised exchanges.

So, how often you trade there?
It could not yet fight with the centralized exchange site. At leas this one potentially to be the major dex exchange site. I'm always using uniswap regularly to trade but this depends on the fees. Sometimes when the fees were so cheap and I will always go for UNIswap to trade but when it is become expensive and it will try to avoid the to trade on uniswap. I will not spend two digits - three digits dollars just to pay the fees.

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January 01, 2021, 11:15:49 PM
 #3

I know that Uniswap became popular last 4 months for a lot of new users, and now we really have big decentralised exchange who could fight centralised exchanges.

So, how often you trade there?

I still not use decentralized exchange and prefered to use centralized for a reason that many shit tokens is listed in that exchange and all isfrom ethereum contract tokens . We have a lot of coins that never use ethereum blockchain that we can only buy using Centralised exchange . Dex need to upgrade more like adding some popular coins that not belong to ethereum if they want many people to use it.

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January 01, 2021, 11:45:15 PM
 #4

I know that Uniswap became popular last 4 months for a lot of new users, and now we really have big decentralised exchange who could fight centralised exchanges.

So, how often you trade there?

I rarely use Uniswap for now, because now the gas fees from Ethereum are very expensive and it makes me spend a lot of Ethereum just to swap, so for now I prefer to use centralized exchange (Binance, Coinbase Pro, Kraken, etc.), but when the gas fees from Ethereum are not expensive anymore, then I will go back to using Uniswap.
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January 02, 2021, 12:42:33 AM
 #5

I use it very often but the gas is very high in order to use it.

When the token is on other centralized exchanges other than Uniswap then I use the centralized exchange (like Binance).
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January 02, 2021, 01:13:42 AM
 #6

not often and never even before. Why? because the fees there are quite expensive on the other hand I don't have coins that can be traded there. maybe I will use uniswap Dex when I have coins that can be traded there. Uniswap hasbeen famous since the Airdrop explosion in September 2020.

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January 02, 2021, 01:31:04 AM
 #7

I know that Uniswap became popular last 4 months for a lot of new users, and now we really have big decentralised exchange who could fight centralised exchanges.

So, how often you trade there?
The popularity on uniswap was only to a moderate extent, clearly demand increased following the arrival and hype of DeFi, but it was difficult for Uniswap to compete with CEXs. I always trade on Uniswap for IDO purchases, i'm not satisfied with what it has but it's still considered great.

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January 04, 2021, 08:45:20 PM
 #8

I know that Uniswap became popular last 4 months for a lot of new users, and now we really have big decentralised exchange who could fight centralised exchanges.

So, how often you trade there?

I think that Uniswap is traded quite often and everyone who is related to cryptocurrency has heard about its huge distribution! In fact, this is probably the biggest giveaway in the history of crypto! They gave away 400 coins, which is of course a fabulous bounty!
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January 05, 2021, 01:07:03 AM
 #9

I know that Uniswap became popular last 4 months for a lot of new users, and now we really have big decentralised exchange who could fight centralised exchanges.

So, how often you trade there?
I rarely use Uniswap, because the transaction fees are very expensive (depending on ethereum gas).
We all know Ethereum's gas fees are volatile.
I hope ethereum 2.0 can solve this problem, with lower transaction costs, the volume on uniswap will increase significantly because more people use it.
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January 05, 2021, 01:41:56 AM
 #10

Not so frequently considering that the gas required is astronomically high I mean, if this hold on, its gonna held back this platform growth.
But I'd always take some chance trading there you know just cause there's history of good airdrop and whatnot.
Wait until the gas thing settled and we should see more liquidity coming to the platform otherwise its gonna be kinda hard to do trade seeing the current circumstance.

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January 05, 2021, 01:47:32 AM
 #11

so far, I have never done a transaction there. Well, I'm waiting for that moment, but I think the coins I hold have a large market, so I might prefer to trade on popular markets over uniswap. well, I will probably use it someday.

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January 05, 2021, 01:51:18 AM
 #12

Not that much to be honest.

In the past, I am using that site for a period of time but right now I just visit it depending on the SLPs that I am getting in this game called Axie Infinity. It is a game where gamers are rewarded and can be traded to ETH through Uniswap or maybe other sites you wanted to. Still saving some SLPs before I sold them especially having a good timing with the price of it.
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January 05, 2021, 02:51:06 AM
 #13

Honestly, what else should be expected to trade at Uniswap?
airdrop has been distributed and the transaction fees are huge.
I personally very rarely use it unless I get the results from the bounty which is still registered at Uniswap which has a decent price, the rest prefer to trade on a trusted cex.
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January 05, 2021, 02:56:52 AM
 #14

I know that Uniswap became popular last 4 months for a lot of new users, and now we really have big decentralised exchange who could fight centralised exchanges.

So, how often you trade there?

Never.  99.999% of the stuff that is listed there won't even be a thing 3-5 years from now.  They just keep firing out newly created tokens by the same people to get more eth which in turn is used to get more bitcoin.  Its straight gambling on that exchange.  If you lose your money trading those tokens it shouldn't be that much of a surprise.
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January 05, 2021, 03:06:58 AM
 #15

I know that Uniswap became popular last 4 months for a lot of new users, and now we really have big decentralised exchange who could fight centralised exchanges.

So, how often you trade there?

Never.  99.999% of the stuff that is listed there won't even be a thing 3-5 years from now.  They just keep firing out newly created tokens by the same people to get more eth which in turn is used to get more bitcoin.  Its straight gambling on that exchange.  If you lose your money trading those tokens it shouldn't be that much of a surprise.
The same with me never trade on Uniswap exchange and better choose global exchange for trading and selling coin from bounty campaign, I think gas fee is become my worry why still not trade there and I think Uniswap not have the same rule like other exchange where we should sell or buy coin depend price right now and we can't put order with price we want. This reason why I never use uniswap for selling my coin and trader there.

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January 05, 2021, 09:39:21 AM
 #16

Just once or twice a month I guess if I need to exchange one token to another. The gas fees are ridiculously high these past few weeks.
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January 05, 2021, 10:11:42 AM
 #17

It can be funny for some people but I have never traded on Uniswap before. I felt like I was late for it. Still I can use it there is no doubt but nowadays transaction fees are very high and that's why I am postponing to trade there. Ethereum team should fix this problem. Of course I know it is volatile but what if gas fee is very high when I want to swap or right?

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January 05, 2021, 12:44:41 PM
 #18

I still have never tried trading on Uniswap, for some reason I have no interest at all.  maybe because the cost is too high so I chose not to trade there.  I prefer to trade on Binance .. especially trading in futures is very quick to generate profits, and makes me addicted to trading there.

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January 06, 2021, 09:53:32 AM
 #19

Still not yet use Uniswap for trading because get more fees when swap coin and double transaction fee take by Uniswap, first when sending coin, then swap or selling then we need fees transaction when withdraw coin, during eth gas always up we need have ready more than 15$ eth if wanna swap or selling coin on uniswap exchange market, I think is not good ideas but if coin have higher price I will sell there.

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