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uniswap operation guide

Jul 23, 2024 pm 04:48 PM
BlockchaincryptocurrencyEthereumexchangeEthereum blockchainBlockchain browser

Uniswap is a decentralized cryptocurrency exchange that uses an automated market maker model to automatically set prices. Users can follow the steps below to trade: Connect to wallet Select trading pair Enter transaction details Preview transaction Confirm transaction Track transaction

uniswap operation guide

Uniswap Operation Guide

Uniswap Introduction

Uniswap is a decentralized exchange ( DEX), which allows users to conduct cryptocurrency transactions on the Ethereum blockchain. It uses an automated market maker (AMM) model to automatically set the price of cryptocurrencies based on supply and demand.

Operation Guide

To use Uniswap, you can follow the steps below:

1. Connect wallet

  • Visit Uniswap website or application.
  • Click "Connect Wallet".
  • Select your wallet from the list and follow the prompts.

2. Select Trading Pair

  • Enter the cryptocurrency you wish to trade in the search bar at the top.
  • Select the desired trading pair (e.g. ETH/USDC).

3. Enter Transaction Details

  • Enter the amount of cryptocurrency you want to sell or buy.
  • Confirm trading fees and slippage (price may change before trade is executed).

4. Preview Transactions

  • Please check the transaction details carefully before making a transaction.
  • Make sure you understand all costs and potential risks.

5. Confirm transaction

  • Click the "Exchange" button.
  • Follow the wallet prompts to confirm the transaction.

6. Track the transaction

  • After the transaction is completed, you can track the transaction status through Etherscan or other blockchain browsers.

Tip

  • Before trading, please make sure you have enough ETH or other compatible tokens to cover the transaction fees.
  • Transaction fees will vary depending on network congestion.
  • Be aware of slippage as it may affect the price of your trade.
  • Uniswap only supports cryptocurrencies on the Ethereum network.
  • Always do your research on a trade and only trade if you understand the risks.

Uniswap (UNI) Current Market

As of 17:00 on July 22, 2024, the price of Uniswap (UNI) is $7.98. The trading volume in the last 24 hours was $146180153.50.

Latest Changes

The price of UNI increased by 0.30635308% in the last 24 hours. This growth can be attributed to the market’s continued interest in the DeFi space and expectations of the upcoming upgrade to Uniswap v3.

Future trend analysis

Analysts expect UNI to continue to rise in the future. The strong momentum in the DeFi space and the potential benefits of Uniswap’s v3 upgrade could be the catalyst that drives its price higher.

Investment Advice

For investors who want to invest in UNI, the key is to do your own research and invest carefully based on your own risk tolerance and financial goals.

Short-term trend forecast

In the short term, UNI is expected to fluctuate in the price range of $8 to $9, and may continue to rise in the short term.

Key Indicators

  • Current price: $7.98
  • Price change in the past 24 hours: +0.30635308%
  • Trading volume in 24 hours: $146180153.50
  • Circulation volume: 600034294.71 UNI
  • Circulation market value: 4788431758.80 US dollars

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