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Learning & News => News related to Crypto => Topic started by: newshunter on April 21, 2021, 07:00:56 PM

Title: Uniswap's weekly trade volumes reach record high of $10B
Post by: newshunter on April 21, 2021, 07:00:56 PM

Uniswap's weekly trade volumes reach record high of $10B

The decentralized exchange has been at the center of the yearlong DeFi explosion. 

Source: Uniswap's weekly trade volumes reach record high of $10B (https://cointelegraph.com/news/uniswap-s-weekly-trade-volumes-reach-record-high-of-10b)

Would appreciate your opinion about this

Title: Re: Uniswap's weekly trade volumes reach record high of $10B
Post by: Gravatai on April 22, 2021, 09:43:33 AM

Considering the huge fees on the Ethereum network, trading on this exchange becomes pointless for traders with small amounts of money. But this is a good place to make a profit, since here you can buy new and promising coins, which subsequently show a price increase of several hundred percent.

Title: Re: Uniswap's weekly trade volumes reach record high of $10B
Post by: Rt Kal on April 22, 2021, 12:53:51 PM

The Ethereum network considers it a huge fee.  And with a small amount of money traded on this exchange, it becomes meaningless to traders.  But it is a good place to make a profit since here you can buy new and promising coins.  It raises prices by several hundred percent next time.