Uniswap

Uniswap (UNI) is the main currency of Uniswap Exchange, which is a decentralized exchange. UniSwap is currently one of the largest decentralized exchanges in the world in terms of market capitalization. It is also the most popular Ethereum Dapp on the market.

In general, Uniswap is a protocol that allows buyers and sellers to exchange their ERC-20 tokens easily without any problems. ERC-20 tokens are the most popular token style right now. They are active in the Ethereum network and can work and be used between all wallets, exchanges, and Dapps compatible with ERC-20. Since the rise of DeFi (Decentralized Finance), the number of these tokens has increased dramatically.

What problem does the Uniswap token solve?

Uniswap is made to deal with some of the most difficult problems facing the market. Its decentralized nature helps to eliminate the power and control accumulated by major exchanges such as Binance and Coinbase. In addition, this token plays an important role in the access of new businesses to international liquidity.

High security

Uniswap is an open-source project that has been highly reviewed by the development community. The whole project is made of intelligent secure contract software and a secret operating system, so hackers have no benefit from attacking it.

Privacy

Decentralized exchanges (DEX) increase the protection of your property and your privacy more than centralized exchanges. This network allows you to trade without the need to register and enter the market. The whole structure of these operating systems is done through this anonymous transfer.

Compatibility

Uniswap complies with the requirements of the ERC-20 token standard. In addition, the operating system supports third-party API integration. These protocols give investors the ability to use external tools in their trading strategies.

History of UniSwap

The history of Uniswap, which is known as the symbol of UNI, begins in (2016). It was then that Ethereum founder Vitalik Butlin introduced the concept of a decentralized automotive market maker. It only took a year for another well-known digital currency developer to start the project. Hayden Adams made this concept a reality with the help of the Ethereum Society (ETH). In particular, he received various grants, including a $ 100,000 grant from the Ethereum Foundation, to help to complete the process.

Today Uniswap plays a vital role in the market. Its presence in DeFi Uniswap systems has increased users' attention to it and increased its value.

How to use UniSwap Exchange

Uni-swap exchanges are completely different from centralized exchanges. You do not need to register to use this exchange and there is no KYC. To get started, all you need to do is connect a wallet that supports Ethereum. To do this, just click on "Launch App" on Uniswap, then select "Connect to Wallet". Notably, the Metamask wallet is a free ERC-20 wallet that is easily synchronized with Uniswap. Once connected, you can start trading.