What do you think about Uniswap trading fees?

[missbtc]

Uniswap is getting more and more expensive due to the high fees on the Ethereum network.  Currently, the Uniswap Swap commission is approximately $ 56.93 and thus the Ethereum network will soon not be affordable for everyone.

[ayatoslaw]

Uniswap is getting more and more expensive due to the high fees on the Ethereum network.  Currently, the Uniswap Swap commission is approximately $ 56.93 and thus the Ethereum network will soon not be affordable for everyone.

$56 is an intolerable fee in my opinion, since this incident many projects are starting to look at the BNB network as an alternative ))
I am sure that Vitalik Buterin and his team are trying to solve the problems that are happening at ethereum at this time, If I'm not mistaken, ETH 2.0 is still not 100% complete, let's just wait for further developments on ethereum, I'm sure the problem of expensive gas will be resolved in 2021.

[Fakhrulenclix]

It's not about uniswap trading fee, but it's all about the Ethereum fee because Uniswap using Ethereum blockchain so it always depends on Ethereum.

2 months ago, I always using uniswap but after the Ethereum price pumped so hard and of course affect the gas fee, I never using uniswap anymore

[tamango]

If you traded on Uniswap and got a UNI airdrop, you would have enough for a large number of commissions! In general, the exchange is cool and there are many interesting tokens, but if you work at a factory, a couple of exchanges and this is your salary!

[sidik7]

uniswap fees are extremely expensive and it is not recommended if there are not enough funds for swaps a lot of traders have complained about this but many are used to trading on uniswap but because they have sufficient funds.

[babu10]

I know that uniswap is basically a good exchanger(DEX) and very much easy to use it. But when i begins to trade first time i see the Trading fees are a lot. In this regard if it is reduce then it will be the best dex exchanger.

Yes you are right here. I said before actually about decentralized exchanger. In my treading and crypto experience i saw many decentralized exchanger but they did not last long and i think same thing here happening because of high fees no body now interested to trade by uniswap. So traders may have to come to their same way.

[gunhell16]

One of the greatest inventions of Defi is Uniswap in the category of decentralized exchange. Many copycats will start imitating Uniswap, already Tron and Iotex plan to launch similar Uniswap-like DEX which is cool anyway. As of lately we see a new project called Moondefi  who also will be similar with Uniswap. I join and make trading ERC20 tokens pretty easy for me, but right now ETH transaction fees sucks and I think Uniswap is a major contributor to the increased fees. What is your opinion about it?

I never try it yet dude, because until now it makes me feel confused to use this platform.
But I will try to learn this platform. I had been hearing a lot of good things about this, then a few are bad only,
but most of them are good. And because of UNIswap others copied the design and platform of UNI anyway. But in the end, UNI still prevails among this copycat platform.

[sugarchrisp]

Trading on Uniswap even with large commissions has its advantages, for example, for arbitrage, those who do not have money on commissions have no opportunity to sell the propped coin on Uniswap with a good profit! If there is a good deposit, then some coins can be occupied on Cex from the order book and sell at _ + 10% on Uniswap! This is the grail for arbitrage!

[H2O]

Uniswap is getting more and more expensive due to the high fees on the Ethereum network.  Currently, the Uniswap Swap commission is approximately $ 56.93 and thus the Ethereum network will soon not be affordable for everyone.

I have several tokens/coins Which exchange listed on uniswap and trading commission more than token values. If the Ethereum network fees don't decrease , then I can't trade anyhow.

[ranaprime]

Currently we know that ether gas fee is so high but i can include one another exchange which is also takes high amount of money form the traders for trisection fee. Most of the time i see that uni trading fees are more then any other exchanges. So it should be reduced soon.

[Condorlaib]

Currently we know that ether gas fee is so high but i can include one another exchange which is also takes high amount of money form the traders for trisection fee. Most of the time i see that uni trading fees are more then any other exchanges. So it should be reduced soon.

You are thinking correctly. That is why I do not use uniswap, because in addition to the high fees on the Ethereum network, uniswap also has too high fees and I am not ready to lose such large amounts of my funds.

[ice18]

Uniswap is getting more and more expensive due to the high fees on the Ethereum network.  Currently, the Uniswap Swap commission is approximately $ 56.93 and thus the Ethereum network will soon not be affordable for everyone.

$56 is an intolerable fee in my opinion, since this incident many projects are starting to look at the BNB network as an alternative ))
I am sure that Vitalik Buterin and his team are trying to solve the problems that are happening at ethereum at this time, If I'm not mistaken, ETH 2.0 is still not 100% complete, let's just wait for further developments on ethereum, I'm sure the problem of expensive gas will be resolved in 2021.

Yes they are working hard and there are humors for implementation of eip 1559 which a big help in reducing the gas fees in eth actually this was proposed last 2019 and until now not implemented but they said it will finally implement in July 2021 I hope so, about eip this is a good article of the author. https://medium.com/@eric.conner/fixing-the-ethereum-fee-market-eip-1559-9109f1c1814b

[ayatoslaw]

Most of the time i see that uni trading fees are more then any other exchanges. So it should be reduced soon.

This cannot be reduced in the near future, because the cost of uniswap is very dependent on ethereum gas fees. If gas fees are expensive, trading at Uniswap is also expensive. Better to find another DEX like tronswap.

[ice18]

I think most small traders in Uniswap already stop trading due to unacceptable gas fees thats too much money to waste for just sending $100 and fees like $40 for trading I will never use this kind of exchange if fees is too much lol unless Im trading worth thousands.

[Jaya60]

The Unisawp Exchange is to me after the Binance Exchange. The popularity of the exchange has lagged behind due to the high transaction fees incurred when selling a token through the Unisawp exchange. If the transaction fee had not been like this, it would have been as popular as the Binance Exchange. Even then, Unisawp is the next most popular currency exchange.