What do you think about Uniswap trading fees?

[MrSpasybo]

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

[Anonylz]

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.

[tvplus006]

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.

[Andruha1993]

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.

[wxxyrqa]

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.

[Octoalts]

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.

[Tepona]

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.

[Tamsialu$$]

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.

[Rubel007]

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.

[KryptoBull]

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.

[Condorlaib]

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.

[opaopa34]

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.

[bitbit97]

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.

[tvplus006]

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.

[opaopa34]

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