TOP COINS TO BUY 2023 | Uniswap - THE LARGEST DECENTRALIZED CRYPTO EXCHANGE | UNI Price Prediction
TOP COINS TO BUY 2023 | Uniswap - THE LARGEST DECENTRALIZED CRYPTO EXCHANGE | UNI Price Prediction
00:00 Introduction
01:55 UNI Price
02:26 What is Uniswap?
06:04 UNI Price Prediction
06:34 My thoughts
Uniswap is the largest decentralized crypto exchange, the true market leader when it comes to automated market makers (AMM). It allows you to swap cryptocurrency, and you don't have to sign up for an account and You can also earn interest on your crypto holdings through Uniswap's liquidity pools.
Today we added increased our position in Uniswap (UNI) @ 6.83.
Trading at 84% below its all time high. Which could generate 557.5% return on investment if it hits its previous ATH
But tell me what did you do?
The vast majority of crypto trading takes place on centralized exchanges such as Coinbase and Binance. These platforms are governed by a single authority (the company that operates the exchange), require users to place funds under their control and use a traditional order book system to facilitate trading.
The main problem with this type of system is liquidity, which in this context refers to the depth and number of orders there are on the order book at any given time.
Most of these problems are absent in decentralized exchanges, which Uniswap presents itself as.
What is Uniswap?
The Uniswap platform was built in 2018 on top of the Ethereum blockchain, which makes it compatible with all ERC-20 tokens and infrastructure such as wallet services like MetaMask and MyEtherWallet.
No registration required
If you're tired of going through a lengthy signup process for crypto exchanges, Uniswap will feel like a breath of fresh air. You don't need to provide personal information or create an account. All you do is connect your crypto wallet, and you're ready to trade crypto.
Note. You can't use it to buy crypto with fiat money, only crypto against crypto
Swap Ethereum-based tokens
On Uniswap, you can quickly trade ERC20 tokens, which are any digital assets built on Ethereum (ETH). Since Ethereum is a popular blockchain for launching crypto tokens, there's a massive number of cryptocurrencies you can trade on this exchange.
User-friendly design
Some crypto exchanges have bad designs and a lackluster user experience. Uniswap was one of the first popular decentralized exchanges in large part because of its design.
The Uniswap app is very user-friendly, so it doesn't take long to learn how it works. It's easy to connect a crypto wallet, swap one crypto for another, or deposit your crypto in a liquidity pool.
Earn crypto with liquidity mining
As an AMM, Uniswap operates using crypto funds from its users. These funds are stored in liquidity pools, with each pool containing a pair of cryptocurrencies.
Anyone can deposit their cryptocurrency into these pools and become a liquidity provider. This is called liquidity mining. Uniswap charges a small fee on every crypto trade, and it distributes that fee among all the liquidity providers for that pool.
Here's an example to show how this works. Let's say you own USD Coin (USDC) and Ethereum. You could deposit equal amounts of each crypto to Uniswap's USDC/ETH liquidity pool. Then, you'd earn crypto every time someone swaps USD Coin and Ethereum on Uniswap.
--------------------------------------------------------------------------------------------------------------------
CRYPTO NEVER SLEEPS aka Bitcoin Channel.Live delivers the news, from the Traditional Markets and Convert them into Crypto News.. From Traditional to Digital, we take Mainstream News and convert them into Crypto News
Subscribe to our channel:
/ cryptoneversleeps
Subscribe to CRYPTO NEVER SLEEPS :
On Telegram :
Channel - https://t.me/CNSOfficial
Chat - https://t.me/CNSCommunity
On Instagram - / crypto_never_sleeps
Our Twitter - / cnsofficial__
In Facebook - / bitcoinchannel.live
On Reddit - / bitcoinchannellive
On TIKTOK - / cnsofficial_
*** THIS IS NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OUR OPINION! I OR ANY OF THE CRYPTO NEVER SLEEPS TEAM MEMBERS ARE FINANCIAL EXPERTS! WE DO NOT GUARANTEE A PARTICULAR OUTCOME, FURTHERMORE WE HAVE NO INSIDE KNOWLEDGE! WE STRONGLY ADVICE THAT YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST OUR POINT OF VIEW! THE CRYPTO NEVER SLEEPS CHANNEL IS ONLY TRYING TO EXPLAIN HOW TRADITIONAL NEWS HAS AN IMPACT ON CRYPTO NEWS.
This is NOT an offer to buy or sell securities.
Investing and trading in cryptocurrencies is very risky, very volatile... PLEASE DON'T USE MARGIN OR LEVERAGE!!!!
This information is what was found publicly on the internet. All information is meant for public awareness and is public.
#uniswap #UNI #altcoin #cryptocurrency #crypto #exchange #dex #defi
Watch video TOP COINS TO BUY 2023 | Uniswap - THE LARGEST DECENTRALIZED CRYPTO EXCHANGE | UNI Price Prediction online, duration hours minute second in high quality that is uploaded to the channel Crypto Never Sleeps 01 January 1970. Share the link to the video on social media so that your subscribers and friends will also watch this video. This video clip has been viewed 1,492 times and liked it 50 visitors.
