Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: EAA-ALLAH on February 16, 2021, 08:03:28 PM

Title: Uniswap Becomes First DEX to Hit $100 Billion Total Volume
Post by: EAA-ALLAH on February 16, 2021, 08:03:28 PM

Uniswap is the first decentralized exchange to hit the landmark. The automated market maker has grown at a staggering pace over the last year, now sitting just short of $4 billion in total value locked. Last month, it hit $20 billion in monthly volume for the first time.

Uniswap runs on Ethereum, and is widely considered a “blue chip” of its growing DeFi ecosystem.

The exchange’s 24-hour volume regularly surpasses that of major centralized exchanges such as Coinbase.
Information:Read more (https://cryptonews.net/469631/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)

Title: Re: Uniswap Becomes First DEX to Hit $100 Billion Total Volume
Post by: lepbagong on February 17, 2021, 05:00:48 AM

We have to admit that Uniswap has brought phenomenal changes with a system that is very easy to exchange and has the advantage of being able to accommodate almost all the altcoins currently available, this reminds us of the existence of etherdelta.
many use this facility because most bounties do not want to bother to make quite a wordy exchange.

But for me there are still obstacles after I often use Uniswap, the exchange fees are quite high, almost equal to the current ethereum gas fees, even at certain times when using Metamask we are faced with information that we have insufficient deposits for exchange. even though we have enough to pay fees, we also have to have more savings. sometimes confusing but hopefully added days can be updated because bounties need this convenience.