Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Decentralized Exchanges (DEX) => Uniswap => Topic started by: sky20 on December 22, 2020, 06:14:13 AM
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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?
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Yes moondefi just like Uniswap. Justswap, mooniswap, deriswap, sushiswap, also same as Uniswap. All decentralized projects are available in decentralized exchange Uniswap. It's a auto order process exchanges with liquidity pools.
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I didn’t understand well about Uniswap exchange trading at first. I can trade on almost all the exchanges. But a few days ago I was dealing with this Uniswap exchange a little better, which makes trading a lot easier for me. This is a dex exchange. There is no system to reduce the price of tokens on this exchange. All you have to do is touch the token of this exchange. To me this exchange seems to be a lot of favorites.
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I didn’t understand well about Uniswap exchange trading at first. I can trade on almost all the exchanges. But a few days ago I was dealing with this Uniswap exchange a little better, which makes trading a lot easier for me. This is a dex exchange. There is no system to reduce the price of tokens on this exchange. All you have to do is touch the token of this exchange. To me this exchange seems to be a lot of favorites.
But nevertheless, the only negative that is discussed in society regarding uniswap is too high commissions and for a simple trader who appeals with a small amount of capital, this will really hit the wallet.
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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.
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I have no experience with uniswap trading because I don't trade uniswap till now.
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The exchange is good, popular, convenient, but high commissions are something I don't like, because if you make a lot of exchanges in a day, then a lot of money is spent only on transactions. I hope that next year Ethereum will fully migrate to Ethereum 2.0 and fees will drop significantly.
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Uniswap Trading fee is too much high.In whole Eth Network fee are high.Sometime fee are higher than the token price.After lauching uniswap it was hope that fee will be reduced but it did not do so.And in many tokens there is no liquidity.If Uniswap over come fee and liquidity,it will be the best exchange.
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I believe that today uniswap will already be more in demand than other cryptocurrency exchanges, especially when it comes to controlling structures and a future decision of the US government under the leadership of Trump, who wants to strike a blow regarding the minimum turnover of funds from exchange to exchange, which will not be contact a specific person. That is, everything that will be transferred over $ 3,000 will definitely be requested by KYC. uniswap is entering the New Era of cryptocurrency trading and fees won't play a big role.
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On Uniswap, I am only confused by the commissions because they are really big. Otherwise, everything suits me, since it is very convenient to trade on Uniswap.
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Currently the most important of the dex is Uniswap. However, trading is not important here. Every moment has the highest demand for swap any token. However, a much higher fee is required. Because I swap. But much more popular.
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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 knew about Uniswap a week age included this time . Uniswap's Prevalence in cryptocurrency every where .many treaders discuss about this and I also present there . positives and negatives all these things we discuss . eventually I think Uniswap will good for treaders . We support Uniswap .
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Uniswap is a decentralized exchange where you don't need to create account, just see any coin you're interested in then you swap your for it,no need for personal key. This is a protocol on ethereum for swapping ERC20 tokens.
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Those who are using this exchange they know the advantage and disadvantage of this dex exchange. There are many times i use uniswap. Here there is no need any account but i can swap my coin. Everything is good but fees or commission are very high which should be reduced.
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Currently many dex are coming. Currently DEX is gaining popularity. Currently you don't have to bit the tokens. It is possible to swap directly on the desks. Uniswap is much more popular in that respect. So preferred by many investors.
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I see that everything is fine but the trading fees are so high for this reason i don't like the exchange. Here one thing is very appreciable that is you don't need any account to trade in the exchange. I think this is the good advantage of uniswap trading.
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I also think so, the commission is now very high on the ethereum network, I used to use the uniswap exchange, now I have become less likely to go there, sometimes for one operation I have to pay about $ 10, this is not acceptable for me, but the exchange is not to blame, it's all network problems.
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Yes, the trading fee at Uniswap is much higher in case of trading if the amount of fee is less then it is too late for the transaction i don't think it's a network problem exchange sites have increased their fees to increase the price of cryptocurrencies. Investing here is much easier and has slowly gained popularity.
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Yes, the trading fee at Uniswap is much higher in case of trading if the amount of fee is less then it is too late for the transaction i don't think it's a network problem exchange sites have increased their fees to increase the price of cryptocurrencies. Investing here is much easier and has slowly gained popularity.
Agree. Uniswap requires a much higher fee to change tokens. Many users are currently suffering. If you want to be profitable, you must wait for listing in the exchanges. Because the amount of fees that Uniswap charges is a loss for Bounty Hunters.
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Ethereum gas fee has increased just because of uniswap if we want to swap one coin to another coin then we have to give fee upto $150 which is too high I think this is not good because many people who don't have much money they can't swap on uniswap.
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Yes, the trading fee at Uniswap is much higher in case of trading if the amount of fee is less then it is too late for the transaction i don't think it's a network problem exchange sites have increased their fees to increase the price of cryptocurrencies. Investing here is much easier and has slowly gained popularity.
Trading fees at Uniswap are well known, friends, but many traders have benefited from the exchange. I myself will not trade there, unless the token value that I will trade on Uniswap is above $50.
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Uniswap is very much popular in the crypto world. Everyday lots of swap is being done by this dex exchange. But I am not interested in this exchange due to its over trading fees. Normally all things are right track.
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If the price of any token is good, then gas fee is not a problem. Currently it can improve. Will improve in the future. Must wait for improvement. However, being based on the Uniswap eth platform, the fee is higher.
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Uniswap trading fees more than my abilities. I have some coins Which are already listed in uniswap decentralised exchange but I can't trading uniswap due to excessive trading fees.
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Uniswap trading fees more than my abilities. I have some coins Which are already listed in uniswap decentralised exchange but I can't trading uniswap due to excessive trading fees.
Not only your abilities but also all investors and traders . Ethereum gas fees are the main problems. Uniswap completely Ethereum based platform hence uniswap decentralized exchange trading fees more than others plafrorms.
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This is a painful topic for me, on the one hand, ETH is growing, it pleases, and on the other hand, the commissions are already very high, especially on UNISWAP, I had commissions of up to $ 11 per transaction, this is expensive for me, so I limit myself to trading there until the gas price becomes lower.
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Working through Uniswap is easy and simple, and I really like it.
But the fact that the huge fees, commissions do not really like it.
I want them to
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The trading fees at Uniswap are too high, that's what I feel. So I never traded there for this reason, even though I had coins that were only traded at Uniswap at that time.
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I think the fees is too high, I always wonder how some users with little tokens to trade use the exchange, I have use it some few times and I really don't like the high fee that was charged, I can understand the reason for the airdrop.
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I think the fees is too high, I always wonder how some users with little tokens to trade use the exchange, I have use it some few times and I really don't like the high fee that was charged, I can understand the reason for the airdrop.
Uniswap exchange is not profitable for small amounts.
Sometimes the commission comes out more than the amount that we want to change.
But the Uniswap platform itself is very convenient.
I like.
I hope in the future the commissions will decrease several times.
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Correct, Ethereum is pumping, That's why gas fee in USD increased. Now, Using uniswap for small investors maybe risky. Because, Sometimes it can be $10-20.
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Uniswap fees are insane, how can eth network change $90 for a $50 transaction? that's robbery how long will eth network keep robbing people's money off them, Decentralized Exchange is good but due to the high fees on uniswap has made alot of people like me to be unable to use it, tron DEX would be better since it doesn't charge too much to process a transaction.
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Uniswap fees are insane, how can eth network change $90 for a $50 transaction? that's robbery how long will eth network keep robbing people's money off them, Decentralized Exchange is good but due to the high fees on uniswap has made alot of people like me to be unable to use it, tron DEX would be better since it doesn't charge too much to process a transaction.
TRON pleases with its fees.
I wanted to swap some coins on the ether. But I can't afford to pay the huge fees.
And that makes me sad.
For $ 25 exchange, he asks to pay $ 46. This is not conceivable.
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Many people complain about the high cost of trading at Uniswap, but even so, there are still many people who trade there. And on Uniswap a lot of tokens from new projects are listed there, so many people who like it or not have to sell tokens on Uniswap if there is no other exchange option.
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I didn’t understand well about Uniswap exchange trading at first. I can trade on almost all the exchanges. But a few days ago I was dealing with this Uniswap exchange a little better, which makes trading a lot easier for me. This is a dex exchange. There is no system to reduce the price of tokens on this exchange. All you have to do is touch the token of this exchange. To me this exchange seems to be a lot of favorites.
But nevertheless, the only negative that is discussed in society regarding uniswap is too high commissions and for a simple trader who appeals with a small amount of capital, this will really hit the wallet.
The gas fees is contniously growing high as the transaction on the crypto are increasing especially on eth .However i actually not trading on Uniswap only for the high fees .I think they need nothing to do the Dex always need a huge fees .
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I have no experience with uniswap trading because I don't trade uniswap till now.
Uniswap now the best decentralized exchange in the cryptocurrencies market. But it's a bad side that Ethereum network fees are so more that I never trade any coins with huge and excessive amount of Ethereum network fees.
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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 also feel the same way, the cost is on exchanges like uniswap, 1inch is so high that strangely it only happens on eth platforms only. When I tried to do a swap on the justswap exchange it didn't cost much even though it was a little more expensive than the usual exchange. Hope eth can be developed in terms of reduced transaction costs. the problem is uniswap is one of the causes of rising transaction costs.
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Uniswap is a very good exchange and very valuable for the Ethereum ecosystem. However, if i have the opportunity to sell through another exchange i choose it because it is simply cheaper.
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For me, uniswap fees are one of the craziest if not the most crazy amongst other decentralized exchanges I've used in the past, I mean the exchange is very good, very easy to use, beautiful interface/UI and all that but in terms of fees, it's holy crap, there was a time I had to pay almost $26 dollars just to approve to sell a token and another $31 usd to sell the token, and this was last year when ether was still between $400 and $500 usd.
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Huge commissions are probably due to the fact that the price of Ethereum soars to high commissions. It seems to me that Uniswap has nothing to do with it.
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Huge commissions are probably due to the fact that the price of Ethereum soars to high commissions. It seems to me that Uniswap has nothing to do with it.
Fees are high as the Ethereum network is overloaded.
But on the Tron network, commissions are very pleasing.
Whenever possible, I move to the "throne".
But there are still a lot of projects on the Ethereum network.
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Uniswap fees are insane, how can eth network change $90 for a $50 transaction? that's robbery how long will eth network keep robbing people's money off them, Decentralized Exchange is good but due to the high fees on uniswap has made alot of people like me to be unable to use it, tron DEX would be better since it doesn't charge too much to process a transaction.
TRON pleases with its fees.
I wanted to swap some coins on the ether. But I can't afford to pay the huge fees.
And that makes me sad.
For $ 25 exchange, he asks to pay $ 46. This is not conceivable.
Hi opaopa34, why are you changing topic language in your reply? I have checked you have have changed so many topic languages to your language. Global sections, only English languages are allowed.
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Yes in this platform fees are so high. I can not swap some times due to over trading fees. Though we know that UNI token gives more pump and most active token in the crypto currency market but trading fees should be reduce.
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Uniswap fees are insane, how can eth network change $90 for a $50 transaction? that's robbery how long will eth network keep robbing people's money off them, Decentralized Exchange is good but due to the high fees on uniswap has made alot of people like me to be unable to use it, tron DEX would be better since it doesn't charge too much to process a transaction.
TRON pleases with its fees.
I wanted to swap some coins on the ether. But I can't afford to pay the huge fees.
And that makes me sad.
For $ 25 exchange, he asks to pay $ 46. This is not conceivable.
Hi opaopa34, why are you changing topic language in your reply? I have checked you have have changed so many topic languages to your language. Global sections, only English languages are allowed.
Hi Malam90.
I'm wondering what they think about the "crypto world" not only in the local thread.
That's why I changed the language to express my opinion.
If I offended you with something, then I ask you to forgive me.
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I'm trading in uniswap for a month and now I stopped because the Ethereum is pump that's means the fee also increases. Now I come back to spot trading in Binance. I hope we can find a solution for the Ethereum gas fee
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The trade that has high fees is Uniswap, and this will not be comparable to what we are trading, for example, we get a token from Airdrop which turns out to be a very small amount.
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The trade that has high fees is Uniswap, and this will not be comparable to what we are trading, for example, we get a token from Airdrop which turns out to be a very small amount.
Yeah, uniswap fees are really high, which makes it really hard for people with less than $100 to be able to trade there due to the high fees, but the ETH 2.0 update is set to roll out any time soon, and as promised its going to reduce the transaction fees cause they are too high right now.
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Trading on the Uniswap platform in my opinion is very profitable because until now there are so many benefits that can be obtained when trading on the platform, like we get a Uni Airdrop which can benefit its users and the amount they give is very much so as much as possible you can too. use it to make a profit.
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Maybe we are getting it wrong. Uniswap doesn't charge enormous fee for trading on its platform. 0.3% trading fee (swap in any pair) is not new and not the worst to happen in exchanges and even it is paid for liquidity providers. I think the problem is on Ethereum network fee particularly; which isn't cheap and probably not for small investors.
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Yes moondefi just like Uniswap. Justswap, mooniswap, deriswap, sushiswap, also same as Uniswap. All decentralized projects are available in decentralized exchange Uniswap. It's a auto order process exchanges with liquidity pools.
It is true that most of the coin that raised recently was definitely imitated by the Uniswap after the successful airdrops program they did before. But for me, I think Moondefi is one of the good imitators that have a similarity with UNISWAP, due to they are very active in their social media and I think they are too serious as well in fulfilling what they have a plan for their projects if I ma not mistaken anyway.
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Uniswap trading fees depend on how transactions are on the ethereum platform, when trading costs are higher it will usually make transaction fees very expensive, of course it will give you a loss when making transactions with a small nominal.
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Recently we see that uniswap is reach in high demand. The current price of the coin $17.29. It is undoubtedly told that uniswap trading fees is high. I see those who are trade less amount of trading they can not make profit in this exchange.
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I think the fees needed by Ethereum Network in order to execute a trade on uniswap is quite high and not encouraging at all, a regular trader can't make a trade of $20 without paying a fee that is something x2 of it, maybe that's why most people still prefer using CEX cause they can't afford the fees needed to trade on uniswap.
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I think the fees needed by Ethereum Network in order to execute a trade on uniswap is quite high and not encouraging at all, a regular trader can't make a trade of $20 without paying a fee that is something x2 of it, maybe that's why most people still prefer using CEX cause they can't afford the fees needed to trade on uniswap.
I can't figure out why a common cryptocurrency user would use uniswap Just like that? he can use another cryptocurrency exchange and pay much less commission. I can understand that cryptocurrency user who carries out a large volume of transactions for large amounts and the decentralization of the resource allows him to remain anonymous. Based on this, he agrees to pay high commissions to uniswap.
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A lot of projects in the defi sphere go to uniswap, so if you have a good supply of stablecoins, I think it is more than a thousand, then such purchases will be profitable, I hope ETH 2.0 will be able to solve this problem at the end of this year! I rarely trade on Uniswap today due to large commissions!
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I think the fees needed by Ethereum Network in order to execute a trade on uniswap is quite high and not encouraging at all, a regular trader can't make a trade of $20 without paying a fee that is something x2 of it, maybe that's why most people still prefer using CEX cause they can't afford the fees needed to trade on uniswap.
I can't figure out why a common cryptocurrency user would use uniswap Just like that? he can use another cryptocurrency exchange and pay much less commission. I can understand that cryptocurrency user who carries out a large volume of transactions for large amounts and the decentralization of the resource allows him to remain anonymous. Based on this, he agrees to pay high commissions to uniswap.
Arkann you said everything correctly.
You have to pay for anonymity and for the convenience of a decentralized exchange.
I think it's still a little expensive. And in the future, all the same fees will decrease.
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Not only Uniswap but etherum blockchain transaction charges are ridiculously high; and it is very frustrating to be honest. Uniswap on the other hand would want to charge you 100$ for a 20$ transaction; this betrays the blockchain ideology of easy and quick transactions
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Not only Uniswap but etherum blockchain transaction charges are ridiculously high; and it is very frustrating to be honest. Uniswap on the other hand would want to charge you 100$ for a 20$ transaction; this betrays the blockchain ideology of easy and quick transactions
Indeed, this fact very much strains those cryptocurrency users who would like to transfer a certain amount of funds with a minimum cost. But this also affects the payment of rewards, as well as for other purposes, which cannot be performed at this time on the Ethereum network. Perhaps in the future, this situation will minimize the spread of trash magnets, which cost nothing at all. And large commissions in uniswap are available to those who trade large volumes and try to hide their income.
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This tool does not exist for me now. Like many others i'm not ready to work with such a large commission.
For myself i decided that i'ill use this tool when the prices for commissions are acceptable.
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At present we can see that if you want to take a coin uniswap exchange for trading, you have to pay double fee. I took a coin to the Uniswap exchange that day with a 9$ fee. Then deduct the $49 fee for swap. If the fee is deducted in this way, then we will not be able to sell any coins of the small Bounty Hunter
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Uniswap is a very easy and convenient decentralized exchange. I traded some time ago, the fees were ok, but recently fees have increased a lot, which is a bit disadvantage.
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Uniswap is a very easy and convenient decentralized exchange. I traded some time ago, the fees were ok, but recently fees have increased a lot, which is a bit disadvantage.
I just wish Uniswap never existed. Since the emergence of decentralized exchange, Ethereum fee has gotten worse and I don't think we can survive this immense and crazy fees for a long time.
I wanted to claim my dego from bounty and I can't believe it's asking more than what I'm receiving. It's insane.
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The fees are high because the transactions on the blockchain are too dense, if we look at the transactions on a centralized exchange, they seem almost the same but we will see a slightly low gas price.
Increase in gas fees for trades only to avoid failed transactions.
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I have no problem with the increase in transaction fees on the ERC20 network, because I have moved to the TRC20 network for a long time.
TRC20 provides convenience and low transaction fees. My advice, if you want to make transactions or buy and sell, you can move to tokens that use the TRC20 network, because the transaction fees are cheaper.
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Uniswap undoubtedly a good decentralized exchange but it's big problems that it's trading fees more that others exchanges. It's required two times Ethereum network fees, one is transfer and another swaping time .
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Uniswap trading fee is ridiculously so high. Most of the investor afraid of uni gas fee that is why they search another exchange. I also a victim to use the exchange. It is very useful to use the exchange but they should reduce the trisection fees.
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Uniswap undoubtedly a good decentralized exchange but it's big problems that it's trading fees more that others exchanges. It's required two times Ethereum network fees, one is transfer and another swaping time .
I know how you feel, transusing on the ethereum blockchain requires a large fee, I don't exchange tokens if the price is below the gas fee and I will keep it for a while, waiting for the gas fee to reach 48-50 Gwei
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ETH platform based token transactions have increased significantly. However, the gas fee has increased a lot. Users are suffering as a result of such fee increase every moment. So now Uniswap requires a much higher fee. So many users are waiting for the fee to be reduced.
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ETH platform based token transactions have increased significantly. However, the gas fee has increased a lot. Users are suffering as a result of such fee increase every moment. So now Uniswap requires a much higher fee. So many users are waiting for the fee to be reduced.
Most disappointing this is - there is no clear solution for transaction fees daily increase. Wait again for ETH 2.0 to be working in full strength? Sadly we dont know how much we have to wait.
Just a notice for those who waits for fees to reduce - take a look on how they grow. This week it is hard to meet less than 150 gwei fee, previous week I havent seen below 90 gwei fees and etc. Is it really worth waiting?
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Uniswap is a very easy and convenient decentralized exchange. I traded some time ago, the fees were ok, but recently fees have increased a lot, which is a bit disadvantage.
Not just disadvantage man, but a killer to Ethereum.
I don't get to understand why I need to pay a fee that's relatively larger than my capital, it's annoying piece of sheet called decentralization.
This is why centralized exchange are enjoying their customers than the Defi thing we call future exchanges.
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I wanted to buy xHdx via BALANCE yesterday.
The same as through Uniswap.
Didn't buy, commission fees are very huge. And I don't know how to deal with it. One way out, you need to buy not for $ 100 - $ 200, but for at least $ 1000, and then the commission is not quite noticeable.
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I wanted to buy xHdx via BALANCE yesterday.
The same as through Uniswap.
Didn't buy, commission fees are very huge. And I don't know how to deal with it. One way out, you need to buy not for $ 100 - $ 200, but for at least $ 1000, and then the commission is not quite noticeable.
I usually buy altcoins for small amounts and therefore will wait for xHdx to enter the centralized exchange. HydraDX will be an interesting project in my opinion.
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I wanted to buy xHdx via BALANCE yesterday. The same as through Uniswap.
Didn't buy, commission fees are very huge. And I don't know how to deal with it. One way out, you need to buy not for $ 100 - $ 200, but for at least $ 1000, and then the commission is not quite noticeable.
$1000 or $10000 will not change the withdrawal fee )), expensive or not depending on ethereum gas at the time,
if you want to buy tokens, my advice is to buy tokens that run on the binance network or TRON, or you can encourage the project team to wrap coins on the Binance or TRON network.
One example is the Zcore project (ZCR), this project is a masternode project, and the community is pushing the team to wrap coins on the Ethereum and Binance Networks. And the results are very good, the transaction fees are cheaper, increase the liquidity and also the price of the coin.
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UNISwap is a decentralized exchange and very popular exchange. But with more gas fees, many investors are moving away from the exchange. If the transaction fees is not low then maybe this exchange will lose its popularity.
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I Think Now a Days Uniswap Is Very Popular. It Is Fantastic Platform. And It Is Best Place For Investment. And Fees Are Low From Others Cryptocurrency Exchangers. I Think Uniswap Is Best. And Fees are Law. I Think it Will do More Better In Future. I Love Uniswap.
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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.
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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.
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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
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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!
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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.
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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.
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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.
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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!
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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.
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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.
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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.
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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 (https://medium.com/@eric.conner/fixing-the-ethereum-fee-market-eip-1559-9109f1c1814b)
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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.
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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.
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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.
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Trading fees at Uniswap are very expensive, for me with such high trading fees it is not feasible to trade at Uniswap with small amounts, if you want to trade there, trade in large amounts.
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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.
Uniswap was not created so that bounty hunters could sell their bounty tokens there. Uniswap is designed for trading in large volumes, so the network commission of $ 50-100 is almost invisible during the transaction.
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For normal swap, Uni Swap is not really useful currently.
Who wants to pay 50% fee for a small swap? I will wait for better DEX if I need swap.
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Now UNISwap lists more bounty tokens of all the bounties that are coming. UNISwap is a very popular exchange but the transaction fees is a little higher. When transacting a token listed in UNISwap, the transaction fees takes a few times. That's why Bounty Hunters can't get the tokens and sell them.
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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 have seen the rapid progress of both platforms
Tron - JustSwap
Iotx - mimo exchange
Currently there are many DEX exchanges such as uniswap on the BSC blockchain, Tron and many other projects that have moved from the ethereum blockchain due to high gas prices and costs.
1Inch is currently accepting BEP-20 based tokens and that looks good to us
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I know that uniswap is one of the good exchangers (DEX) because uniswap can trade on almost all exchanges as well as uniswap as well. There is no system for lowering the token price. However, if we start trading at Uniswap, we have to think carefully and seriously because the trading costs are a lot. I think when the trading costs are lower the trading will be very effective and many are excited to trade on uniswap.
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Uniswap cant do anything in this issue and Uniswap is not only responsible for this. The increased price of ETH is mostly reponsible for it i think. If ETH price goes down the trading fee will also decrease.
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This problem has occurred since there are many DeFi projects on the Ethereum network.
We can only wait for the ethereum #DevelopmentTeam to solve this problem then once the gas cost problem is resolved with ethereum 2.0 then trading at Uniswap will cost a small amount of money.
I am looking forward to the trading fee at Dex Exchange back at 10Gwei for the fee.
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Uniswap trading fees are much higher like Ethereum. Investors use this swap only for the convenience of Uniswap trading. Basically it takes less time than other exchanges so investors swap here. However, in my opinion, Uniswap's fee should be reduced.
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the exchange at Uniswap requires a large amount of capital because it will require a very expensive fee. I prefer to trade on spot classic because I can analyze the chart movement.
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uniswap its a great decentralized idea but the fees are extremely high and for me i will never trade in that exchange unless the fees went down because lately i tried to sell a token in uniswap that worth 30$ but i paid 15$ as fees and eventually the transaction never done.
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In fact, Uniswap is quite good in my opinion, with an easy and not complicated system in the process, the problem in Uniswap is that the fee is too high, unlike others such as Pancakeswap, etc.
If only Uniswap had lowered the fee a little more I felt that Uniswap was good and more popular
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UNISwap is very well a decentralized exchange. But this exchange takes very extra gas fees which makes it very difficult to exchange. I have seen that those who have Bounty Hunter get a token listed on the UNISwap exchange and it costs more to sell them. Therefore, even if I get any tokens on UNISwap exchange, I can't sell them due to extra gas fees .
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UNISwap is very well a decentralized exchange. But this exchange takes very extra gas fees which makes it very difficult to exchange. I have seen that those who have Bounty Hunter get a token listed on the UNISwap exchange and it costs more to sell them. Therefore, even if I get any tokens on UNISwap exchange, I can't sell them due to extra gas fees .
Today, Bounty Hunters receive such small rewards that they do not want to spend large amounts of funds on transactions on the Ethereum network, and then pay a commission on uniswap, which has always been too high. At least I will only use Uniswap when Ethereum launches the last update phase of the second version, after which fees should be reduced anyway.
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Uniswap cant do anything in this issue and Uniswap is not only responsible for this. The increased price of ETH is mostly reponsible for it i think. If ETH price goes down the trading fee will also decrease.
A decrease in the price of Ethereum will not lead to a decrease in the price of the commission. After all, the commission price depends not only on the price of ETH, but also on the network load. And until the speed of transactions is increased, you should not expect a reduction in the price of commissions.
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UniSwap is one of the main reasons because the number of users on UniSwap is very large, the number of transactions is also very large thanks to the convenience of UniSwap. However, I do not like UniSwap because of the high transaction fee, 0.3% is much higher than 0.1% of Binance or 0.2% of Yobit. At the same time we also have to pay very expensive transaction fees on Ethereum Blockchain, which has never dropped below 50 gwei :)
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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 don't think uniswap has got anything to do with Ethereum gas fee even though when I used it some time ago l, the service has a brilliant idea but I didn't like that fact that my failed transaction still got charged. The high Ethereum gas fee is a problem from the Ethereum network and it is generally affecting all Eth transactions.
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This problem has occurred since there are many DeFi projects on the Ethereum network.
We can only wait for the ethereum #DevelopmentTeam to solve this problem then once the gas cost problem is resolved with ethereum 2.0 then trading at Uniswap will cost a small amount of money.
I am looking forward to the trading fee at Dex Exchange back at 10Gwei for the fee.
High fees in the Ethereum network are also due to the network load. And until the transaction speed is increased a hundred times, we will still pay a high commission.
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I noticed that with the advent of uniswap, the transaction commission has grown very much, but it is also possible that this is due to the fact that the price of Ethereum has reached historic highs.
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I noticed that with the advent of uniswap, the transaction commission has grown very much, but it is also possible that this is due to the fact that the price of Ethereum has reached historic highs.
The fact is that we are not talking about commissions within the Ethereum network, but about trading commissions on the uniswap trading exchange. The fact is that when performing a transaction from an Ethereum wallet, you pay for the transfer of funds, and while making a transaction on the uniswap trading exchange, you pay a commission as a trading fee. It is this moment that outrages many cryptocurrency users, since trading commissions are too high.
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As many people have said that the trading fees at Uniswap are very high, and for this reason many people are reluctant to trade here if they only trade small amounts. Because in my view, the high cost of trading at Uniswap is not suitable for small traders and is more suitable for those wholesalers who have many assets who are not affected by the high cost of trading at Uniswap.
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Uniswap became much more popular among dex. But now various investors are suffering due to the increase in additional gas fees. I think there should be a healthy solution. Because of the constant increase in investment and trade, the popularity grew. A fee 126 trade requires a .8 96.87 gas fee. So we have already stopped trading.
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UNISwap exchange is popular but the transaction fee is very high which is why I never trade any token on this exchange. I have seen that while trading on this exchange, the transaction fee is charged a few times and there is no profit to be made by trading on this exchange. There is a saying, "There is more music than rent". A great example of this exchange.
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I liked Uniswap very much at the very beginning . But when I started swapping here, I saw that the cost to me was much higher than other exchanges. This is the only cause not only for me also most of the users to avoid Uniswap.
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UNISwap exchange is popular but the transaction fee is very high which is why I never trade any token on this exchange. I have seen that while trading on this exchange, the transaction fee is charged a few times and there is no profit to be made by trading on this exchange. There is a saying, "There is more music than rent". A great example of this exchange.
Currently layer-2 solutions are rolling out and expected to be officially introduced on Ethereum in July with the London update, which will help speed up and reduce transaction fees. At the same time, EIP-1559 is also a good solution so that transaction costs can decrease and increase the scarcity of ETH in the market. I believe that transaction costs on UniSwap will soon decrease to an acceptable level. Of course, UniSwap's 0.3% transaction fee will remain the same.
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UNISwap exchange is popular but the transaction fee is very high which is why I never trade any token on this exchange. I have seen that while trading on this exchange, the transaction fee is charged a few times and there is no profit to be made by trading on this exchange. There is a saying, "There is more music than rent". A great example of this exchange.
Currently layer-2 solutions are rolling out and expected to be officially introduced on Ethereum in July with the London update, which will help speed up and reduce transaction fees. At the same time, EIP-1559 is also a good solution so that transaction costs can decrease and increase the scarcity of ETH in the market. I believe that transaction costs on UniSwap will soon decrease to an acceptable level. Of course, UniSwap's 0.3% transaction fee will remain the same.
Indeed, significant changes are expected in the Ethereum network in the near future, and first of all, this concerns a decrease in the price of gas within the network. But does this apply to the uniswap trading commissions situation? It seems to me that these are two different things.
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I think the UniSwap exchange is very good for the "lazy". It doesn't matter how much the exchange commission costs - just to sell faster. Do not look for where certain coins are traded.
UniSwap exchange is convenient for those with large portfolios.
I cannot afford to exchange like that yet.
In the hope that I will receive some kind of prize or compensation for the exchange.
Maybe I'm wrong. This is purely my personal opinion.
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Overall opinion about Uniswap and its trading fees - it is not for everyone. Although it rewards users with generous airdrops, but you never know when it happens or will happen at all. Due to fees, it is not wise to start trading there while having less than $1k of tokens. Commission will simply eat all the profit.
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I think the UniSwap exchange is very good for the "lazy". It doesn't matter how much the exchange commission costs - just to sell faster. Do not look for where certain coins are traded...
No, Uniswap is not for the lazy) Traders buy and sell coins that are not traded on centralized exchanges. Thus, you have the opportunity to buy a new coin at the lowest price even before listing on a major exchange.
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I think the UniSwap exchange is very good for the "lazy". It doesn't matter how much the exchange commission costs - just to sell faster. Do not look for where certain coins are traded...
No, Uniswap is not for the lazy) Traders buy and sell coins that are not traded on centralized exchanges. Thus, you have the opportunity to buy a new coin at the lowest price even before listing on a major exchange.
Thanks to tvplus006.
Then I will need to learn more about Uniswap.
I thought that the Uniswap exchange makes it easy to sell coins by looking for where they are traded.
Yes, but then it turns out that these are big risks when buying coins on the Uniswap exchange.
I'll have to watch this
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I think the UniSwap exchange is very good for the "lazy". It doesn't matter how much the exchange commission costs - just to sell faster. Do not look for where certain coins are traded...
No, Uniswap is not for the lazy) Traders buy and sell coins that are not traded on centralized exchanges. Thus, you have the opportunity to buy a new coin at the lowest price even before listing on a major exchange.
Thanks to tvplus006.
Then I will need to learn more about Uniswap.
I thought that the Uniswap exchange makes it easy to sell coins by looking for where they are traded.
Yes, but then it turns out that these are big risks when buying coins on the Uniswap exchange.
I'll have to watch this
If we are talking about small amounts of funds, then the benefit due to high commissions is very small. Uniswap seems to me primarily used in order to maintain their anonymity. Although there is no doubt that it is on uniswap that there is an opportunity to buy those Coins that are not traded on other cryptocurrency exchanges. this is practically the same situation as before with EtherDelta.
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Uniswap has an advantage over other exchanges, namely that there are many coins that have not been traded on other exchanges but have already been traded on this exchange. Indeed, the trading fees on this exchange are very expensive but that will not be a problem if we trade large amounts of coins. However, if Uniswap could be a little cheaper in terms of trading and transaction fees, of course it would be great and fun.
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As far as I know, the trading fees in Uniswap are rather expensive. I've ever wanted to trade my coins there but I suddenly canceled the intention because I saw the high trading fees. Mostly I choose a decentralized exchange with cheaper trading fees. I know it sometimes requires KYC, but it makes sense to do it for a safety reason on that exchange. Also, I noticed most decentralized exchanges are friendly enough about trading fees.
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High trading fees is really intolerable. There are so many exchanges in the world where every exchange is the competitors with the others. If investors find any high trading fee exchanges then they will avoid that. If Uniswap continuous takes high trading fees then they will fall down shortly. Already we know that Ether is the example of taking high gas fees for this reason investors are choosing new platform like Binance Smart Chain.
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Uniswap trading Fees are more pain and I can't trade totally in uniswap decentralized exchange. It's required more than 50+ dollars equal eth as transactions fees and trading fees.
And I'm talking about this, it is not possible to trade because of the huge fees. That I cannot afford.
If you trade from 1000 $, then the commission fees are not noticeable.
Conveniently, I don't argue with that. But very expensive.
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...Mostly I choose a decentralized exchange with cheaper trading fees. I know it sometimes requires KYC, but it makes sense to do it for a safety reason on that exchange. Also, I noticed most decentralized exchanges are friendly enough about trading fees.
On decentralized exchanges, you will never be required to pass verification. KYC is required by centralized exchanges that provide additional bonuses in exchange for our anonymity.
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...Mostly I choose a decentralized exchange with cheaper trading fees. I know it sometimes requires KYC, but it makes sense to do it for a safety reason on that exchange. Also, I noticed most decentralized exchanges are friendly enough about trading fees.
On decentralized exchanges, you will never be required to pass verification. KYC is required by centralized exchanges that provide additional bonuses in exchange for our anonymity.
I am not afraid of KYC, I am not involved in money laundering.
Those who are involved in scams and fraud are afraid of him.
Passed KYC many times on different exchanges.
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If UNISwap don't accept Binance smart chain as their trading platform then I think it's popularity decreasing . Now pancakesswap already darling decentralized exchange of Binance.
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Uniswap trading fees are more unstable and unconditional for traders because we can't easily pay with normally. It sometimes required more than my token values. Tokens price may be 169 dollars but trading fees more than 160 dollars.
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If UNISwap don't accept Binance smart chain as their trading platform then I think it's popularity decreasing . Now pancakesswap already darling decentralized exchange of Binance.
Lets wait for the version 3 of Uniswap they introduce a layer 2 solution to avoid huge fees and I think they can do it since they are the one who introduce this kind of DEX let wait for May 5 on what will happen in Uniswap.
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If UNISwap don't accept Binance smart chain as their trading platform then I think it's popularity decreasing . Now pancakesswap already darling decentralized exchange of Binance.
It seems to me that binance has too many powers in the cryptocurrency market. Just look in what areas binance is trying to be the best, but at the same time, every cryptocurrency user will depend on the management of this company.
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Day by day uniswap trading fees more unbeatable and impossible to pay . I already sold my dego and hex with high exessive Ethereum network fees. At last I get nothing to withdraw from UNISwap without fees.
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The fees on uniswap is very high and I can't even imagine those trader who engage in day to day trading in such a high gas fees, it is very difficult for some people to trade there, I have some tokens to trade in uniswap but because of high gas fee I have decided to just keep them for now.
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I am very frightened by such commissions and I constantly have to choose the time to sell my tokens.
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If UNISwap don't accept Binance smart chain as their trading platform then I think it's popularity decreasing . Now pancakesswap already darling decentralized exchange of Binance.
Lets wait for the version 3 of Uniswap they introduce a layer 2 solution to avoid huge fees and I think they can do it since they are the one who introduce this kind of DEX let wait for May 5 on what will happen in Uniswap.
I really want to believe that version 3 of Uniswap will solve the problem with high fees. And sometimes you want to exchange something. But when you see huge commissions.
Shows interest. Big loss. I can't afford a 100 fee. Trust in the future and I can afford a big commission. ;)
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Uniswap fees are simply unfordable for most of cryptocurrency traders. If your trade is less than few thousands dollars, then it is unprofitable to use Uniswap. If you are a bounty hunter - Uniswap is unprofitable for you also. If you dont agree to lose 10-20% on a fee from your every trade, then Uniswap is unprofitable for you as well.
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Uniswap fees are simply unfordable for most of cryptocurrency traders. If your trade is less than few thousands dollars, then it is unprofitable to use Uniswap. If you are a bounty hunter - Uniswap is unprofitable for you also. If you dont agree to lose 10-20% on a fee from your every trade, then Uniswap is unprofitable for you as well.
I agree with you. I traded some token there some months ago and the fees was high now I also have some tokens that I can only trade in Uni swap and I have refuse to do so for the main time cos of fees since IDEX de-listed them so they are just sitting there until they have a better exchange or i have the amount of fees go waist ;D
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There is really a big problem with gas fees when one is trading with Ethereum based coins or tokens and I think this is basically a problem with Ethereum and not with Uniswap.
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Now trading fees are one of the reasons to change the platform. Ether and Uniswap are two very popular assets but I think both are in serious trouble now. Their trading fees are high which makes everyone to change and crowded on other platforms.
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I’m real estate broker
condo and apartment for sale in Montreal
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My friends are changing to Uniswap, but I can't afford to change to Uniswap yet.
But I see what you could spend on fees and get a profit.
And that's why you have to think about the exchange.
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A lot of people including me already stop to using uniswap because the transaction fee is too high, Today uniswap only for whales not suitable for everyone. Now trend BSC is dominant than uniswap. That's why Pancakeswap daily volume is bigger than the daily volume of uniswap https://coinmarketcap.com/rankings/exchanges/dex/. And dex in BSC Dex is growing every day and Ethereum dex just stagnant
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I think the UniSwap exchange is very good for the "lazy". It doesn't matter how much the exchange commission costs - just to sell faster. Do not look for where certain coins are traded...
No, Uniswap is not for the lazy) Traders buy and sell coins that are not traded on centralized exchanges. Thus, you have the opportunity to buy a new coin at the lowest price even before listing on a major exchange.
Thanks to tvplus006.
Then I will need to learn more about Uniswap.
I thought that the Uniswap exchange makes it easy to sell coins by looking for where they are traded.
Yes, but then it turns out that these are big risks when buying coins on the Uniswap exchange.
I'll have to watch this
Yes, you are right.
even a large number of liquidity pools fill up to a large extent. Dex exchange makes all users unnecessary to do KYC and is very easy to use.
Going forward, gas costs will not be high because Platfom ethereum will start operating in July
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A lot of people including me already stop to using uniswap because the transaction fee is too high, Today uniswap only for whales not suitable for everyone. Now trend BSC is dominant than uniswap. That's why Pancakeswap daily volume is bigger than the daily volume of uniswap https://coinmarketcap.com/rankings/exchanges/dex/. And dex in BSC Dex is growing every day and Ethereum dex just stagnant
I hope that the fees on the ether will soon decrease and this will be reflected in uniswap.
When this happens, uniswap users will grow geometrically.
Which I will be very happy and will use uniswap more.
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Uniswap fees are simply unfordable for most of cryptocurrency traders. If your trade is less than few thousands dollars, then it is unprofitable to use Uniswap. If you are a bounty hunter - Uniswap is unprofitable for you also. If you dont agree to lose 10-20% on a fee from your every trade, then Uniswap is unprofitable for you as well.
That's right, Uniswap often makes us disappointed when we want to trade with a small asset value. The high cost of trading at Uniswap seems to indicate that trading at Uniswap is only for the rich.
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The amount of trading fee on Uniswap is much higher than other exchange sites it is not possible to trade here with small capital this is very frustrating for small business owners as the demand for crypto market increases, most tokens are listed on Uniswap. Most bounty hunters cannot exchange due to high fees you are right for rich traders this cannot be done with small capital at the exchange site.
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Uniswap fees are simply unfordable for most of cryptocurrency traders. If your trade is less than few thousands dollars, then it is unprofitable to use Uniswap. If you are a bounty hunter - Uniswap is unprofitable for you also. If you dont agree to lose 10-20% on a fee from your every trade, then Uniswap is unprofitable for you as well.
That's right, Uniswap often makes us disappointed when we want to trade with a small asset value. The high cost of trading at Uniswap seems to indicate that trading at Uniswap is only for the rich.
It turns out there are no equal conditions. For large cryptocurrency holders and small cryptocurrency holders.
This should change soon. I believe in it.
The fees on the air network will decrease and it will become easier to trade.
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Uniswap decentralized exchange completely depends on Ethereum network fees, so Ethereum network fees high then UNISwap decentralized exchange trading fees also very high.
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Uniswap decentralized exchange completely depends on Ethereum network fees, so Ethereum network fees high then UNISwap decentralized exchange trading fees also very high.
Berlin halving took place on the "ether" network.
The commissions on the ether network have decreased.
I have not checked what steels are on Uniswap.
Who checked it?
It would be very interesting to know.
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Traders and bounty hunters have been facing many problems due to the high transaction fees of UNISwap exchange. Due to such extra transaction fees, you have to incur a lot of losses from the UNISwap exchange by trading. That is why no one wants to transact through this exchange.
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Traders and bounty hunters have been facing many problems due to the high transaction fees of UNISwap exchange. Due to such extra transaction fees, you have to incur a lot of losses from the UNISwap exchange by trading. That is why no one wants to transact through this exchange.
There is no way for bounty hunters to use the UNISwap exchanger at all.
Not many rewards are paid by the bounty company to be able to use UNISwap.
Traders can still try to use it.
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Uniswap has progressed in a very short of time in the market. Their achievement is really appreciable but it has been hampered later because its transaction fee is excessive for this reason investors cannot accept. Uni authority is trying hard to reduce it.
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I used to trade very often on Uniswap, after the commissions became very expensive for me, I switched to binance chain, and I did not regret it, I hope something will be fixed with the commissions in the ETH network, because it is impossible to trade, the profit comes out very low.
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I used to trade very often on Uniswap, after the commissions became very expensive for me, I switched to binance chain, and I did not regret it, I hope something will be fixed with the commissions in the ETH network, because it is impossible to trade, the profit comes out very low.
I have used the Uniswap platform several times.
And say exactly 2 times. :D
Very comfortable, I don’t argue with that. But about the commission fees upsetting. And I won't use it yet.
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but right now ETH transaction fees sucks and I think Uniswap is a major contributor to the increased fees.
I do not agree with you in this point. Uniswap is not responsible for the increase in ETH transaction fees, but the new technology of ethereum. I have traded Uniswap many times. At present it takes $25-30 transaction fee to trade on Uniswap. But at first I also traded on Uniswap with transaction fee $3-4 . If Uniswap were responsible for the increase in ETH transaction fees, it would never have been possible.
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Dex trading fees like Uniswap are high because transactions on the ethereum blockchain are very high, I still use Uniswap if I have a token and get $ 2k profit if my token is listed there, there are no other options and if there is a Cex exchange then I will use the exchange , it is only a matter of time as ethereum developers will fix this problem.
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One of the greatest inventions of Defi is Uniswap in the category of the 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 to Uniswap. I join and make trading ERC20 tokens pretty easy for me, but right now ETH transaction fees suck and I think Uniswap is a major contributor to the increased fees. What is your opinion about it?
The ETH charges fee was totally sucked! I agreed on that, and true there are a lot of copycats who began to imitate the interface of the UNISWAP after its successful airdrops before. And there is another new copycats again called momo protocol if I am not mistaken, correct me if I am wrong. It is showed only that UNISWAP has a great successful journey at the moment here in cryptocurrency.
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The fact that the Uniswap Exchange has made progress in such a short period of time deserves praise; However, due to high transaction fees, investors are losing acceptance day by day. Small investors in Uniswap are able to make ends meet by trading at high fees, forcing them to stop trading here. Only big investors can invest here. Nowadays most of the tokens are listed in Uniswap and only big investors are getting profit, which is increasing frustration among small investors. I myself have been forced to invest in Uniswap more than once and come back due to high fees. Hopefully the authorities at Uniswap will resolve the issue soon.
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Dex trading fees like Uniswap are high because transactions on the ethereum blockchain are very high, I still use Uniswap if I have a token and get $ 2k profit if my token is listed there, there are no other options and if there is a Cex exchange then I will use the exchange , it is only a matter of time as ethereum developers will fix this problem.
Getting $ 2k profit when using Uniswap will not affect your income if you pay high fees.
You can also pay a commission for the convenience in the Uniswap exchanger.
Not everyone can make that kind of profit.
Congratulations to zilzylian on high earnings.
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The cost of trading at Uniswap is very expensive for some people, but for some people they say that the cost of trading at Uniswap is okay. Uniswap is a large exchange, many new tokens are listed there. However, if we do not have a large amount of assets then trading on Uniswap is not recommended and it is better to wait for the token to be released on another exchange.
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Vx1, you can't argue with you.
But, in general, it is necessary so that everyone can use it.
Not everyone has a lot of capital, there are many newcomers to the world of crypto currencies. Since they saw a big rise in bitcoin and ran to this call. :)
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Yes moondefi just like Uniswap. Justswap, mooniswap, deriswap, sushiswap, also same as Uniswap. All decentralized projects are available in decentralized exchange Uniswap. It's a auto order process exchanges with liquidity pools.
There is a new one now again named MOMO protocol if I am not mistaken, you can check the link here
https://exchange.momoprotocol.finance/#/swap, UNISWAP was their role model as one of the successful dex recently.
So with your question, of course, the more its price increase in the future may be it will also increase but still cheap in terms
of transaction fees.
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We are forced to use uniswap to a greater extent only in order to trade those cryptocurrencies that are on uniswap, but not on other cryptocurrency exchanges. if not for this situation, then I would have refused uniswap, because uniswap commissions are so high that sometimes they even exceed the cost of those cryptocurrencies that we trade.
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Although Uniswap was very popular at first, its popularity has started to decline in recent times. The main reason for this is that many have claimed excess gas of etherium when analyzing the accounts. This is because the exchange is based entirely on the Etherium platform. So investors have turned to other exchanges without paying unreasonable fees.
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Although Uniswap was very popular at first, its popularity has started to decline in recent times. The main reason for this is that many have claimed excess gas of etherium when analyzing the accounts. This is because the exchange is based entirely on the Etherium platform. So investors have turned to other exchanges without paying unreasonable fees.
There are no "unreasonable" fees.
The "ether" network is overloaded and you have to pay an increased fee.
I don’t want to, but I’ll have to.
I already began to doubt that commission fees would decrease. Probably we will not return to 5 gvei-10 gvei. :'(
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uniswap exchange is good, and the commission primarily depends on the ETH network, so the question is mostly forwarded to ETH, the exchange is not to blame here that the price of gas in the network is so high, so there are analogues for this.
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uniswap exchange is good, and the commission primarily depends on the ETH network, so the question is mostly forwarded to ETH, the exchange is not to blame here that the price of gas in the network is so high, so there are analogues for this.
Nobody argues with you Evgenklm, the uniswap exchanger is very good and the fees depend on the "ether" network.
Convenient and simple.
I really look forward to the fees to decrease, I think that many are waiting for this.
Hopefully I won't be paying high fees soon. :D
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The response is that Uniswap is a set of Smart Contracts that run on the Ethereum blockchain and, as such, needs gas to perform some functions.
That is, when you swap token A for token B or token C, the same feature is named in order to execute the required logic of matching buyers and sellers.
This is just a problem when gas prices are high or the valuation of Ethereum is high (for example, a $50 charge to do a $10 trade) (both of which are true right now). As a result, many consumers reduce the amount of petrol they are willing to spend in order to make the purchase expense manageable.
Others have raised the price of gasoline in order to make their transactions run more smoothly or quickly.
As a consequence of these conditions, we have a large number of canceled transactions as well as a large pool of unseen or unconfirmed transactions that are waiting to be propagated across the Ethereum network by miners.
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The response is that Uniswap is a set of Smart Contracts that run on the Ethereum blockchain and, as such, needs gas to perform some functions.
That is, when you swap token A for token B or token C, the same feature is named in order to execute the required logic of matching buyers and sellers.
This is just a problem when gas prices are high or the valuation of Ethereum is high (for example, a $50 charge to do a $10 trade) (both of which are true right now). As a result, many consumers reduce the amount of petrol they are willing to spend in order to make the purchase expense manageable.
Others have raised the price of gasoline in order to make their transactions run more smoothly or quickly.
As a consequence of these conditions, we have a large number of canceled transactions as well as a large pool of unseen or unconfirmed transactions that are waiting to be propagated across the Ethereum network by miners.
Fees are slightly lower on Uniswap.
At the beginning, the commission fee could be $ 110 and $ 120 and $ 150.
And I looked at how much it costs now. And he was pleasantly surprised. The commission is only $ 20.
Bargaining for $ 10 is certainly not profitable yet.
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There is nothing wrong with Uniswap, and the cost of ETH gas is no longer a problem now, because it has been resolved, you can see ETH gas, now the average is below 50, and in my opinion it is better than a few months ago,
if a few weeks ago Pancakeswap received a lot of attention, I am sure that soon Uniswap will be back to be the best.
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Competition is a great force.
And Uniswap already has competitors and will appear more.
But no one wants to lose their "clients". There will be changes in the price of the exchange.
But the exchanger cannot influence the gas price in the ether network.
There will be some new changes for users who change.
Let's watch.
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There are various exchanges in the cryptocurrency industry. Exchanges are important for regularity and trade. There are many investors who regularly buy tokens from Dex and sell them at CEX. The tokens that are first listed on the Dex are listed on a central exchange and the price increases many times over. Accordingly, the popularity of Uniswap increased a lot. However, due to the additional gas fee, pancakewap is one step ahead.
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I think the Uniswap Exchange is very good and it has made a lot of progress in a short time. I traded here; But now I have left Uniswap as I can't trade there because of the high trading fees of Uniswap. Uniswap's commission is largely dependent on the ETH network, and since ETH's network fees are much lower than before, my expectation is that Uniswap's commissions will be reduced soon.
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Uniswap is a decentralized exchange that is generally considered to be a safe exchange for trading crypto assets. Token swaps are highly secure since they do not require funds to be held on the exchange. Uniswap smart contracts have been audited by Consensus. Uniswap has great future. Uniswap also had a high transaction fee at a time when ether gas fees were high a few days ago. Ether gas fees are now reasonable but I don’t about uni. However, It should be reduce their transaction fee as early as possible.
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Eth Gas Fee is high,we hoped that the fee would be less after launching these decentralized exchanges, But useless.These Exchanges also charging very high fee.The method of charging fee is very tricky. first pay fee for approval then pay for confirmation.If you bought a coin and want to send an exchange then pay another fee.This is disappointing.
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Uni swap fees are one of the craziest if not the most crazy amongst other decentralized exchanges I've used in the past, I mean the exchange is very good, very easy to use, beautiful interface/UI and all that but in terms of fees. increase in transaction fees on the ERC20 network, because I have moved to the TRC20 network for a long time. TRC20 provides convenience and low transaction fees. My advice
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Uniswap Exchange is good.
Recently, the commission fee has decreased.
But that was not for long. Again, the commission is not given to any sense. The collection is simply off scale. Cannot be exchanged.
There are more and more exchangers.
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As of today, it’s totally ridiculous! I just wanna buy something on Uniswap with my ETH, however the fees are just painful to my pocket which is almost $200, but I choose not to buy. The highest fee that I’ve paid for a token to be swapped to ETH was almost $60. It’s totally unbearable until ETH 2.0 would finally be implemented!
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As of today, it’s totally ridiculous! I just wanna buy something on Uniswap with my ETH, however the fees are just painful to my pocket which is almost $200, but I choose not to buy. The highest fee that I’ve paid for a token to be swapped to ETH was almost $60. It’s totally unbearable until ETH 2.0 would finally be implemented!
what you experience is of course also experienced by many people who will make transactions, it is very painful when you see the very high transaction costs, if now maybe it can be answered because ethereum is high, but this has been a long time there has been no change, even higher and makes no sense anymore. .
Uniswap is indeed very high cost, even if you use a transaction using metamask even strange and absurd experiences will occur. when the requested fee uniswap is smaller than the balance i have in metamask, but i can not make a transaction because we have to provide more in metamask than just the requested fee.
In fact, it often happens that if we use average costs, it's no wonder that Uniswap will pending and the costs we spend are forfeited. So if there is no interest in what I get, I will try to avoid it with Uniswap.
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As of today, it’s totally ridiculous! I just wanna buy something on Uniswap with my ETH, however the fees are just painful to my pocket which is almost $200, but I choose not to buy. The highest fee that I’ve paid for a token to be swapped to ETH was almost $60. It’s totally unbearable until ETH 2.0 would finally be implemented!
Its very true even me I cant even approve my token for trading since it will cost me like $30 just for approval not included the trading fees which is for sure more higher I only use uniswap for now if I have no choice and I need some funds but If Im not in need I just holding the token until July which eip 1559 will be implemented which promise to reduce fees almost 50% of current.
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As of today, it’s totally ridiculous! I just wanna buy something on Uniswap with my ETH, however the fees are just painful to my pocket which is almost $200, but I choose not to buy. The highest fee that I’ve paid for a token to be swapped to ETH was almost $60. It’s totally unbearable until ETH 2.0 would finally be implemented!
I'd like to use the Uniswap exchanger. But I can't afford to pay such a commission.
And when will it end?
Paying $ 200 is just a huge price to pay.
The Uniswap platform is designed to facilitate exchange work. So it was conceived. And the attraction of cryptocurrency holders.
And now it just brightens. >:(
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For me I think uniswap fees are way too high, the fees are insane like kinda so annoying, now uniswap is for the rich because an average trader won't want to spend such a high fees on a just swapping a coin and even most times fees are even higher than amount the trader wants to trade with, just so unimaginable. Well for me ever since uniswap became so expensive I just kept far away from it.
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For me I think uniswap fees are way too high, the fees are insane like kinda so annoying, now uniswap is for the rich because an average trader won't want to spend such a high fees on a just swapping a coin and even most times fees are even higher than amount the trader wants to trade with, just so unimaginable. Well for me ever since uniswap became so expensive I just kept far away from it.
Until the fees on uniswap decrease, I will not be able to trade and exchange.
I like uniswap.
But it's expensive.
For now, I will trade and exchange on ordinary exchanges. :D
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Uniswap fees is one of the most highest fees in the cryptospace right now, with $186 fee per transaction (based on my observation on May 13, 2021) is so large that the fees overwhelm the amount of the coin you'll be swapping and that's really not worth it. I think they would fix this in upcoming V3 launch.
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Uniswap fees is one of the most highest fees in the cryptospace right now, with $186 fee per transaction (based on my observation on May 13, 2021) is so large that the fees overwhelm the amount of the coin you'll be swapping and that's really not worth it. I think they would fix this in upcoming V3 launch.
It seems that it is not only the most expensive paid but cancellations often occur when we make a transaction which results in increased costs incurred, because every time it is stuck, the cost will automatically disappear without a trace.
such things often happen and cannot protest because they are different from other exchangers, where there is a separate team to deal with it.
and of course for those who have a small amount of coins it will be difficult to make transactions there, it is true that you say a lot of it actually fee costs more than what will be transacted.
I think there will be a change in fees for a long time because they still enjoy the benefits. because it is the target of many people to be able to make transactions with all coins, which may not be possible for other exchangers. where many need treatment action like that who want to quickly finish in all matters, without the need to wait for the specified exchanger.
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I have traded almost all the exchanges in cryptocurrency. But to trade I have seen that the UNISwap exchange has the highest transaction fee and what is the three times transaction fee. For this, those who sell a small amount of tokens on the UNISwap exchange will deduct the objection fee more than the amount of dollars they can sell. That's why I think the highest transaction fee is on the UNISwap exchange.
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What I think?
I think that it is very expensive. The fees are huge.
And there is an option to pay multiple times. If the payment did not go through immediately, you have to pay again.
No, this exchange is not for me.
I exchange it on the stock exchanges as before.
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Lower fees are always very welcome. One of the main benefits of crypto is/was the low fees. All exchanges tend to get really greedy with time.
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Lower fees are always very welcome. One of the main benefits of crypto is/was the low fees. All exchanges tend to get really greedy with time.
If you use the ethereum network, currently it is quite expensive, it's better to use a BSC network that is cheaper, cheaper or not depending on the network and the price of the coin itself, because the price is quite influential
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It seems that recently the commissions in the Ethereum network have decreased, but on dex exchanges the commissions are horse-like, I do not know who is trading there now, for me now it is also not an acceptable amount of commission of$ 10 on uniswap, with each transaction to make so much with a bearish mood in the market, only at a loss.
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I really want to work for UNISwap.
But I can't afford that kind of commission. Therefore, sometimes I miss interesting coin exchanges. Where you could make money.
I hope that these fees will decrease. ???
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I think those are to high
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UNISwap exchanger deducts maximum transaction fees. I have seen many cryptocurrency exchangers. Where its amount is just right. UNISwap Exchanger has the highest transaction fees for this business. That's why those who come here to do business with a small amount of tokens will deduct more objection fees than the amount of dollars they can sell. So I think this exchange cut the highest fee.
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At first, I didn't quite understand Uniswap trading. It can be traded on almost any exchange. But a few days ago I made this uniswap exchange a little better, making trading a lot easier. This is an exchange for Dex. This exchange does not have a system for reducing the price of a token. Just tap the share icon. This exchange seems very popular to me.
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Although the UNISWAP exchange has made great strides in a very short period of time, its high fees have created an annoying situation. It is not possible for small investors to trade here; When selling a small amount of tokens, in some cases the token is sold and the transaction fee is higher than what is available. However, my expectation is that the authorities of UNISWAP Exchange will resolve the issue soon.
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it seems that there is no expensive solution on uniswap, I have never traded there because the fee is so expensive.
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it seems that there is no expensive solution on uniswap, I have never traded there because the fee is so expensive.
Actually it's not a solution because you have no need to trade but some users always support uniswap decentralized exchanges. But when you get a uniswap listed coin then what should be done by you ??
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Uniswap When you go to swap you have to come with adequate fees. You will have to pay a fee 1 to 3 times in a row. So people don't want to do any swap of this Uniswap now. At present, Ethereum's gas fee is being reduced due to substantial increase.
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uniswap is a place of exchange which in my opinion is very high risk because the amount of transaction fees is very high making it very risky, even though the exchange always gives interesting surprises to its customers.
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I think Uniswap is a major contributor to the increased fees. What is your opinion about it?
I do not agree with you at this point. Uniswap is not responsible for the increased fee in ETH network but the ETH network itself is responsible.
Fees have been increased due to ineffective development of ETH network. And Uniswap is suffering for this extra fee. We hope ETH developers will fix it quickly.
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Uniswap is a liquidity provider dex exchange which is run in the crypto world smoothly but i see that one of the most negative site for this dex exchange which is it's trading fees. It it is undoubtedly high. Todays i see that the trading fee is 0.3% and most probably with in few days later it will be approximate 0.05%.
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UniSwap has no control over gas fees which are entirely due to Ethereum's congestion issues. Gas is used to pay for transactions of all cryptocurrencies built on the Ethereum blockchain.
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UniSwap has no control over gas fees which are entirely due to Ethereum's congestion issues. Gas is used to pay for transactions of all cryptocurrencies built on the Ethereum blockchain.
That's right, everything just depends on ethereum itself because Uniswap uses the ethereum platform all this time. but with the beginning of the emergence of uniswap, it is clear that uniswap is very advantageous because of the income it receives from every transaction that has been made.
So far, everyone is happy to use Uniswap because of the convenience it provides, but with the high costs now it is clear that many are trying to look at the same exchange as Uniswap and the fees can be cheaper. Uniswap must innovate otherwise it will be abandoned because many cannot do the exchange because the cost is greater than what will be swapped. it's not wrong if you want to see sokuswap which provides an alternative platform to be used.
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Uniswap Dex Good quality exchange. It is very easy to exchange here but not everyone likes it because of cutting a little extra gas, especially those who like Max as it is a dex exchange. it because of cutting a little extra gas, especially those who like Max as it is a dex exchange. Currently extra in ether Many are moving away because of the gas free cut.
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Trading fees on exchanges like UniSwap in my opinion are very reasonable if the transaction fees are very expensive because of the influence of increasing demand with signs of increasing use of UniSwap, it will make UniSwap platform transactions slower because transactions become very dense and the impact of transaction costs becomes expensive.
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I haven't traded on Uniswap yet, but I think the commission is high.
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this is a good project, but I am sure that today there are many more promising companies that have already surpassed Uniswap in terms of capitalization and interest among users
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this is a good project, but I am sure that today there are many more promising companies that have already surpassed Uniswap in terms of capitalization and interest among users
exchange competition to support crypto, obviously continues to grow and grow, updates will always get better. uniswap with the ethereum platform was obviously very profitable at first, but due to the huge costs it was clear that many were starting to switch.
now there are even better exchanges that can use different platforms in one transaction (eg sokuswap).
I believe that if there is no innovation from Uniswap, it will be eliminated naturally.
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Uniswap Trading fee is too much high.In whole Eth Network fee are high.Sometime fee are higher than the token price.After lauching uniswap it was hope that fee will be reduced but it did not do so.And in many tokens there is no liquidity.If Uniswap over come fee and liquidity,it will be the best exchange.
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if you say uniswap trading fees in my opinion it is very normal to find very high fees because this uniswap exchange has an ethereum network that has been proven to have very high transaction costs because so many trade on uniswap exchanges.
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High excessive amount of Ethereum network fees for Uniswap and ERC 20 based Decentralized exchanges cases a apple of discord. Most of the traders and investors fearing with uniswap trading fees ....
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I don't remember the last time I used UniSwap, but then we were waiting for the launch of EIP-1559 with the expectation that gas would drop. Currently I am completely frustrated with the transaction fee on UniSwap: 100-130 USD per transaction. It is inconceivable how Ethereum could delay its development for 4 years from 2017 to 2021.