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Author Topic: What do you think about Uniswap trading fees?  (Read 19959 times)

Online opaopa34

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Re: What do you think about Uniswap trading fees?
« Reply #150 on: April 18, 2021, 07:28:44 AM »
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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Re: What do you think about Uniswap trading fees?
« Reply #150 on: April 18, 2021, 07:28:44 AM »

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Offline mahid

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Re: What do you think about Uniswap trading fees?
« Reply #151 on: April 18, 2021, 08:23:24 AM »
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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Offline Evgenklm

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Re: What do you think about Uniswap trading fees?
« Reply #152 on: April 18, 2021, 08:30:48 AM »
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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Online opaopa34

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Re: What do you think about Uniswap trading fees?
« Reply #153 on: April 18, 2021, 02:12:44 PM »
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.

Offline Cadaver20

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Re: What do you think about Uniswap trading fees?
« Reply #154 on: April 18, 2021, 06:08:57 PM »
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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Offline zilzylian

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Re: What do you think about Uniswap trading fees?
« Reply #155 on: April 18, 2021, 06:48:39 PM »
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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Re: What do you think about Uniswap trading fees?
« Reply #156 on: April 19, 2021, 04:50:13 AM »
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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Re: What do you think about Uniswap trading fees?
« Reply #156 on: April 19, 2021, 04:50:13 AM »


Offline Rafiq

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Re: What do you think about Uniswap trading fees?
« Reply #157 on: April 19, 2021, 07:48:20 AM »
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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Online opaopa34

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Re: What do you think about Uniswap trading fees?
« Reply #158 on: April 19, 2021, 08:39:30 AM »
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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Re: What do you think about Uniswap trading fees?
« Reply #159 on: April 19, 2021, 11:24:09 PM »
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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Re: What do you think about Uniswap trading fees?
« Reply #160 on: April 20, 2021, 07:07:49 AM »
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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Re: What do you think about Uniswap trading fees?
« Reply #161 on: April 20, 2021, 04:21:25 PM »
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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Re: What do you think about Uniswap trading fees?
« Reply #162 on: April 20, 2021, 05:29:23 PM »
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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Re: What do you think about Uniswap trading fees?
« Reply #163 on: April 21, 2021, 01:30:22 AM »
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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Re: What do you think about Uniswap trading fees?
« Reply #164 on: April 21, 2021, 09:17:21 AM »
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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