Pros
- airdrops free uni
- its value is constantly increasing
- will come to good places in the future
- easy swap
Cons
- Insufficient customer service
Uniswap (V2) Review
21
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Followers 2
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Very good
Rating
4.0
Crypto Exchanges
Description of Uniswap (V2)
What Is Uniswap (V2)?
Uniswap is a decentralized exchange (DEX) which first introduced the automated market maker (AMM) model. Unlike with an order book, traders are provided with constant liquidity thanks to the “constant product” formula. The V2 version was first based on Ethereum, before branching out to other blockchains that support ERC-20 tokens.
While the V1 version of Uniswap only supported swapping ETH-ERC-20 token pairs, the V2 version did away with this bridging problem and introduced flash swaps. These allowed users to swap between different ERC-20 tokens without incurring too much slippage. It also introduced protocol fees, which contributed to the platform's ongoing development. Furthermore, the V2 version began using wrapped Ether over native Ether for its core contracts.
The exchange’s popularity gave birth to a V3 version with concentrated liquidity and more flexible fees, which improved the user experience for traders and liquidity providers alike.
Who Is the Founder of Uniswap (V2)?
Hayden Adams, a former mechanical engineer at Siemens and Stony Brook University graduate, founded the platform in November 2018. The company behind the DEX raised a seed round from Paradigm and $11 million in a Series A round led by Andreessen Horowitz.
When Did Uniswap (V2) Launch?
Uniswap’s V1 version was a proof-of-concept first launched in November 2018, and later improved with the introduction of the V2 version in August 2020. The V3 version in May 2021 marks the current final iteration of the exchange.
Where Is Uniswap (V2) Located?
Uniswap Labs, the company behind the decentralized exchange, is headquartered in New York City.
Uniswap (V2) Restricted Countries
As of July 2022, Uniswap has banned users from 10 countries that are sanctioned by the U.S. government, including Belarus, Cuba, Iran, North Korea, Syria, Côte d'Ivoire, Liberia, Sudan, Zimbabwe, Iraq and Iran.
Uniswap (V2) Supported Coins List
As a permissionless decentralized exchange, tokens can be freely listed by anyone providing liquidity to trade them. The most liquid tokens at the time of writing include stablecoins and wrapped tokens like USDC, Wrapped BTC, wETH and DAI.
How Much Are Uniswap (V2) Fees?
The exchange’s V2 version charges 0.3% per token swap. 0.05% goes to the protocol and 0.25% is allocated to liquidity providers.
Is It Possible to Use Leverage or Margin Trade on Uniswap (V2)?
Uniswap V2 does not offer leverage or margin trading.
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Pros
- Is transparent
- It is a trade based on a liquidity pool
- Makes insecure crypto trading safe
Cons
- High transaction fees
Pros
- Rising in price
- Transaction volume is high
Cons
- Processing fee is high
Pros
- None
Cons
- Decentralised, Lies, In bed with SEC
Pros
- Uniswap creates an opportunity for customers to create their decentralized exchange
- Uniswap can reach $100 by future
- It is very safe to use
Cons
- Uniswap charging fees is quite expensive
Pros
- it is decentralized
Cons
- nothing here
Pros
- Token exchange is easier and more convenient
- Quick and easy replacement of ERC-20 numbers
- It has a UNI governance symbol
- High liquidity in popular complexes
- Using the interface is simple.
Cons
- It’s hard to conform to management
- The transaction fee is 0.30% and 0.20% higher than the industry standard
Pros
- Guides and instructions to help you get the most out of the project's features.
- Introducing flash swaps in v2.0 of the system.
- It features an excellent user interface.
- It is simple to link to various protocols.
Cons
- None.
Pros
- Uniswap is a decentralized trade and that implies clients won't need to place their asset into a trade to exchange
- Uniswap trade upholds a colossal assortment of Ethereum tokens with great liquidity matched against such
- Simple to utilize Interface. A more overhauled form to it's previous archetype
Cons
- Exchange charges for Gas utilized in return is excessively high
- Numerous symbolic clones can be made on uniswap and misfortunes can be created
- Being decentralized methods being self-ruling, this allows programmers an opportunity to sell taken resources
Pros
- Smooth and easy to utilize stage as a Decentralized trade
- Speedy and simple to trade ERC-20 tokens
- High liquidity on famous sets
- Has an administration token UNI
- Early adopters got UNI tokens
Cons
- Anybody can enter a symbolic name and image which could be a phony one
- Difficult to arrive at administration compliability
- Lacking of UI in the event that you would need to check your charges procured
Pros
- Easy access without KYC. It can access many lesser known cryptos.
Cons
- High ETH gas fees. It is charging $100+ per transaction. My last transaction failed to go through and it took my money and my $93 gas fee. I still need resolution on the problem. Poor customer service.
Pros
- Sleek and simple to use platform as a Decentralized exchange
- Quick and easy to swap ERC-20 tokens
- High liquidity on popular pairs
- Has a governance token UNI
- Early adopters got UNI tokens
Cons
- Anyone can input a token name and symbol which could be a fake one
- Hard to reach governance compliability
- Lacking of user-interface if you would want to check your fees earned
Pros
- It does not charge withdrawal fee
- Token swap is easier and more convenient
- No sign up is necessary
- It makes use of dapps and defi more convenient
Cons
- Uniswap v2 does not use order book
- Transaction fee of 0.30% is rather higher than the industry standard of 0.20%
Pros
- Uniswap is a decentralized exchange and that means users will not have to put their fund into an exchange to trade
- Uniswap exchange supports a huge variety of Ethereum tokens with good liquidity paired against such
- Easy to use Interface. A more upgraded version to it's earlier predecessor
Cons
- Transaction fees for Gas used in exchange is way too high
- Many token clones can be made on uniswap and losses can be generated
- Being decentralized means being autonomous, this gives hackers a chance to sell stolen assets
Pros
- An innovative project in the Ethereum Blockchain
- Opportunity to trade through your own wallet without transferring it to the exchange
Cons
- high commission fees
Pros
- It makes swapping ERC -20 token very easy
- Generous in giving users digital asset
- Transaction is fast and cheap
- High liquidity
- One of the well known exchange
Cons
- It support only Ethereum asset
- Not support fiat currency
Pros
- The liquidity pools do not belong to Uniswap, but are funded by the community, which guarantees interest on deposits
- Tutorials and explanations to make the most of the functionalities offered by the project.
- Version 2 of the protocol introduces flash swaps. Inspired by flash loans that the Aave protocol can offer, flash swaps allow a user to borrow funds from Uniswap pools as long as they are returned in the same transaction.
- Uniswap has a great interface
- Uniswap can easily be connected to other protocols.
Cons
- The long-term risks and benefits of the various DeFi protocols are not fully defined, so you have to be careful.
Pros
- One of the top Performing Dex Platform And consistently integrating improvements sonce launched
- Ability to trade and swap without Transfer of Assets
- Highest performing liquidation pools and ability to choose and stake with ease
Cons
- I never faced any issue while Using Uniswap but there should be protocols and requirements that need to be set to avoid fake listings of coins
Pros
- It greatly increases the chances of adoption which they have proven.
- There is a lot of transparency around this company.
- This is a liquidity pool based trading.
- It manages the secure trade process.
Cons
- Enormous lubricous utilizing liquidity pools.
Pros
- There are many different types of coins.
Cons
- ethereum gas charges too much.
