Uniswap, as a decentralized cryptocurrency exchange, allows users to trade directly on the Ethereum blockchain. This guide provides a comprehensive tutorial detailing how to trade using Uniswap, including accessing the platform, selecting a trading pair, entering a transaction amount, setting slippage tolerances, approving a transaction, executing a transaction, and viewing a transaction status.
Uniswap Exchange Trading Guide (2025 Tutorial)
How to trade with Uniswap?
Uniswap is a decentralized exchange that allows users to trade cryptocurrencies directly on the Ethereum blockchain. Here is a step-by-step guide to using Uniswap to trade:Step 1: Visit Uniswap
Go to the official Uniswap website and connect your account in your browser (e.g. MetaMask).Step 2: Select the trading pair
Select the currency pair you want to trade at the top of the Uniswap interface. For example, if you want to swap ETH to UNI, select the ETH/UNI trading pair.Step 3: Enter the transaction amount
Enter the quantity you want to trade in the input box. Uniswap will automatically calculate the number of chips you will receive.Step 4: Set slippage tolerance Slippage tolerance refers to the maximum difference between the actual transaction price when you trade and the price you set. Setting a higher slippage tolerance can make your transactions execute faster, but you may have to pay a higher price.
Step 5: Approve the transactionUniswap requires you to approve the token expenditure for each transaction. Click the “Approve” button and confirm the transaction.
Step 6: Execute the transactionOnce the transaction is approved, click the "Swap" button and confirm the transaction again in the pop-up window. Your transaction will be executed on the blockchain.
Step 7: View the transaction statusYou can view your transaction status at the bottom of the Uniswap interface.
Tip:Clean check the transaction information before trading, including transaction pairs, quantity and slippage tolerance.
The above is the detailed content of How to trade on Uniswap Exchange? Detailed explanation of Uniswap usage tutorial in 2025. For more information, please follow other related articles on the PHP Chinese website!