Decentralized exchanges are all the rage in the DeFi space. Uniswap commands most of the DEX volume, representing about 35% of all DEX cryptocurrency trading volume. Meanwhile, DEX’s still have a lot of room for growth if they are to capture the value of the centralized exchange market.We take a look at Uniswap tricks you can use to save on transaction fees. We compare Diversify to Unitrade and their corresponding tokens, NECTAR and TRADE.
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Timestamps ⏰
1:20 Decentralized Exchanges
3:55 DEX vs CEX market
5:50 DEX vs CEX volume
7:50 Q2 DEX Overview
10:00 Range of DEX’s
12:00 Diversify (NEC)
15:00 Unitrade (TRADE)
18:10 Unitrade Roadmap
20:20 UniSwap Tips
Sources
UNISWAP TRICK
Trade against $WETH instead of $ETH.
Lower fees, faster transactions.
You can later swap $WETH to $ETH 1:1 to save on time and money.
👍
— Shash (@shashxxx) August 16, 2020
UNISWAP TIP 2
Find your trading pair on https://t.co/ovOqia8PaM and look at transations.
Please your order immediately when someone places a large order in the opposite pair.
Eg You want to Swap your ETH to SWAP. Wait for a big SWAP to ETH order to come. then place your order.
— Shash (@shashxxx) August 18, 2020
https://en.wikipedia.org/wiki/Decentralized_exchange
https://app.santiment.net/
https://www.coingecko.com/en/exchanges/derivatives
https://www.coingecko.com/en/dex
https://dappradar.com/blog/dappradar-2020-q2-decentralized-exchange-dex-industry-review
https://defiprime.com/exchanges#no-kyc
https://www.deversifi.com/
https://www.coingecko.com/en/coins/nectar-token
https://www.coingecko.com/en/coins/unitrade
https://unitrade.app/
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The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
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