What is the UniSwap - How to use Uniswap exchange - Tron Fan Club
Hello my dear Friends of Tron Fan Club.
In this post, i will try to share the knowledge about Uniswap exchange. Uniswap is the decentralized exchange that provide the automated liquidity on Ethereum. There is no control of anyone, it is not controlled by one person. On this exchange everything run on the base of smart contracts. Uniswap also base on the concept of governance. It mean it is under those investors who has the high amount of crypto currency. The main advantages of the Uniswap is minimum risk of hacking. Uniswap is the part of DeFi ecosystem. The operations are executed by independent computers. Uniswap require no any identification and KYC.
Now we go to the Uniswap website and try to learn something new by practical. First of all open the Uniswap website by this Link. Then you will see the Lunch app button on the main page of Uniswap exchange.
After clicking on the lunch app button, a new page will appear on your screen. I am performing all these steps on mobile. So first of all we need to connect our wallet with Uniswap.
Click on “Connect Wallet” button. You can see at the top right corner. For this i will use the Trust wallet account. It is necessary step for swapping our coin.
Click on the trust wallet logo. Then a process bar will apear on the screen then just wait a little bit. After this your wallet will connect successfully and confirmation message will appear on the screen.
Now it is the time of swapping. For example i want to swap the Eth with Inch coin. So i will select the Eth coin in the first Boc and enter the amount of Eth that you want to swap and in the second box select the Inch coin. After this click on swap button.
These are the easy step to swap the coin by using Uniswap exchange. So in this post we learn about Uniswap and how we use the Uniswap for swapping the coins.
Thank You Guys For giving your precious time on my Post.
Thanks for sharing with us this great lesson.