Guys, this is the best explanation of Uniswap. I watched three other vids on this topic that were so convoluted and dry, it made me wanna cut myself deep. Well done!
This youtube channel is going to blow up, Whiteboard is providing us with straight facts. Please never deviate from that value you guys instilled in this channel. Big subscriber keep dropping gems, I'm here for the long haul.
THE CALCULATIONS AT 5:31 ARE WRONG! ------------------------------------ 0.3% x 10/day x 30days = 90% per month =1080% per year (ROI) (Which makes sense now when seeing Liquidity pools that pay 1080% return. ------------------------------------- Hope that helps! :D Thank you so much for these amazing videos! Hope we can change that for us!! Well done on the High-Quality content. :)
What a great way to explain this concept in a simple and undestandable way! I very much value what you have done for me. I send you all the blessings in the world !
Super in-depth and helpful explanation of Uniswap. I haven't used any DEXs yet and wanted to know more about then first before using them. Thank you! - Brad
Just browsing your videos and learning about different things. This one helped me understand how someone can become a crypto day trader. Well done, I really appreciate the layout and thoughtfulness behind these videos.
This is the type of feedback that pushes us to make better videos - we were there too, a lot of the videos out there are quite dense or boring, we hope to fix that :D
@@WhiteboardCrypto hi, i have a question on AMM. If i add liqudiity to the pool, it seems that I can see the preferred range. E.g: 1ETH=USD 2400 now, I can "place it" /"add it" if it hit the ranges usd 2680-2720. If ETH rises to that level, my "liquidity"/"eth" is finally sold at that level.? or is it just be affected once i decide to pull it out from the pool if it hits that level. so that i earn some money by selling high? I have read a few articles on it, but i do not get it clearly.
I had to close my 20 year business in 2021 went into depression and also health issues, this video reinstated the confidence in me moving forward with something new. Thank you for this video and kudos to JAMES ,I know this is time for next millionaires to invest in the market
You're right, an investor with decades worth of time should be doubling down on value and dividend stocks.. heck, especially now when the market is where it is… steep discounted pick ups for long term consistent gains… JAMES is the right professional
Your channel is absolutely amezing , your explanations and drawings are very easy and simple to understand that even my parrot can learn content of the video . Keep it up guys and thank you for existing ! The counts for all your videos !!!
@@WhiteboardCrypto lol thanks !!! My wife and I are just starting to learn only been involved for the last month and it's extremely overwhelming so having/ finding videos like yours is priceless !!!
That's great to hear! We have been thinking about putting together a resource that does a guided walkthrough on everything you need to know about crypto so that you can be best equipped. Let me know if this is something you'd be interested in testing. -N
@@WhiteboardCrypto absolutely interested! I would even pay a little fee. Your channel is underrated my friend and it’s only a matter of time before it 🚀. Thank you for your insights. My group of close friends and I have started on our crypto journey and out of all the channels including Altcoin daily are absolute 💎. Cannot thank you enough!
First of all, love your channel! I'm not sure what you mean when you say 'no taxes' at 6:27. Swapping one cryptocurrency for another is considered a taxable event so you'd still have to record a capitol gain or loss on that trade.
Uniswap doesn't report your transactions to any government entity. You'll still owe tax depending on your country's rules. In the US for instance, you're definitely going to need to track and report your transactions and report your income... but you'll have to do that yourself. Uniswap is not going to send you a 1099 form for example.
Thanks for the video, very easy to understand. I liked and subscribed. :) Question: If Uniswap is decentralized and automated, how does owning the UNI token and voting change how it works? Are the smart contracts underlying Uniswap written to automatically enact any code changes approved by the majority of token holders?
Question: at 3:52 , the "selling of Ethereum at a higher price", is it assumed that the Ethereum is in the same scenario with the BAT? Hope you understand what I'm asking
very clear and easy to understand! great job man! There's only one thing is not clear to me: why at 4:05 would you want to buy 2000$ worth of ETH from Coinbase and sell it for 2.050$ worth of ETH in Uniswap if the value ETH in Uniswap is lower than normal since in Uniswap the ETH value in Uniswap dropped?
@@divyanshukothari8407 what do you mean assumption that would mean money loss, thats exactly like buying high and selling low, why would you even do it? or am i missing anything?
"and you pay a very, very small fee" - something like 100$ on Ethereum :-) Although luckily, Uniswap is also on Polygon since few months, but the problem is that most exchanges take huge fees when you withdraw MATIC or ETH from your account, so it's still not small fee for most exchanges :-(
Thank you so much for your hard work! 😊 I’ve got a question: 🤨 I have a set of words 🤷♂️. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Not sure how to use them, would appreciate help. 🙏
So we need the whole supply chain to go crypto. This information needs to be made accessible to farmers and manufacturers etc. A coordinated global government attack could be a problem though. Covid should be a wake up call for crypto.
Zombie World Z is one of pioneer-games applying metaverse combining virtual reality (VR) on the BSC, towards a game economy of the actualization with play-to-earn
Guys, this is the best explanation of Uniswap. I watched three other vids on this topic that were so convoluted and dry, it made me wanna cut myself deep. Well done!
Thanks for the kind comment Ryan! We appreciate you watching and giving us feedback.
nice work
These explainers are next level
Thank you, have been watching your channels for couple of weeks now and it's really good and really helping me through
I'm 50% ADA 50% BTC 5 year hold
ADA and DOGE, a winning combination
Like you said, those are the only two i see holding at this time
When did ETH go from 6% to 5% when staking to ETH2?
Thanks you for your update am long term holding. I love dogecoin
This being my third video on Uniswap (browsing) and this made the most sense to me. Grateful gang
This youtube channel is going to blow up, Whiteboard is providing us with straight facts. Please never deviate from that value you guys instilled in this channel. Big subscriber keep dropping gems, I'm here for the long haul.
THE CALCULATIONS AT 5:31 ARE WRONG!
------------------------------------
0.3% x 10/day x 30days = 90% per month
=1080% per year (ROI)
(Which makes sense now when seeing Liquidity pools that pay 1080% return.
-------------------------------------
Hope that helps! :D
Thank you so much for these amazing videos! Hope we can change that for us!!
Well done on the High-Quality content. :)
the intro part just reveal how the finance system runs now, so powerful!!! short intro, big impact to viewer👏👏👏
The Uniswap icon is an incredible piece of art.
What a great way to explain this concept in a simple and undestandable way! I very much value what you have done for me. I send you all the blessings in the world !
This channel is litearlly a Crypto University, love your work!
This video really helped clarify some of the complexities of crypto investing.
These videos are amazing!! You explain things so thoroughly and clearly! So Grateful for your hard work on every video
This channel is essential viewing for anyone new to crypto!
Super in-depth and helpful explanation of Uniswap. I haven't used any DEXs yet and wanted to know more about then first before using them. Thank you! - Brad
Just browsing your videos and learning about different things. This one helped me understand how someone can become a crypto day trader. Well done, I really appreciate the layout and thoughtfulness behind these videos.
You're gonna blow up bro, great work and thank you!
Man what you're doing is fucking brilliant man. That's what the world needs
Great videos! I laughed at the small Etherium fees
I bought uniswap before watching this video. I would not have bought uniswap tokens knowing what I know now. thank you
these videos are really great. you're one of my fav channels..!
Great and easy to understand. Can see the effort that went into this videos. Just based on that a thumbs up and a sub
Really appreciate that Daniyal! Both of those help us a ton :)
Would you guys consider buying this, AVAX, or Polkadot?
I think he just pays a service that automatically creates these drawing animations.
But either way, awesome channel.
Subbed
Awesome teacher. I can understand everything very well. Thanks
Wow, a crypto explanation I actually understand. Thank you
Uniswap tokan really gona be big in future.
Nice video, as always. Keep the spirit to educate.
quite good videos, i searched a few videos of AMM and Uniswap, this video is the better one.
This is the type of feedback that pushes us to make better videos - we were there too, a lot of the videos out there are quite dense or boring, we hope to fix that :D
@@WhiteboardCrypto hi, i have a question on AMM. If i add liqudiity to the pool, it seems that I can see the preferred range. E.g: 1ETH=USD 2400 now, I can "place it" /"add it" if it hit the ranges usd 2680-2720. If ETH rises to that level, my "liquidity"/"eth" is finally sold at that level.?
or is it just be affected once i decide to pull it out from the pool if it hits that level. so that i earn some money by selling high?
I have read a few articles on it, but i do not get it clearly.
The content on your channel is Gold! Thank you.
Wow! Great explanation! Thanks!
I had to close my 20 year business in 2021 went into depression and also health issues, this video reinstated the confidence in me moving forward with something new. Thank you for this video and kudos to JAMES ,I know this is time for next millionaires to invest in the market
It's easy to be an investor during the good times. It's hard to be an investor during the hard times. If you want to be a successful investor,
how do i contact james? have been hearing a lot of good stuff about him
...
You're right, an investor with decades worth of time should be doubling down on value and dividend stocks.. heck, especially now when the market is where it is… steep discounted pick ups for long term consistent gains… JAMES is the right professional
Exactly man! We are in such a prime time right now to be investing with JAMES. What an opportunity.
Really good explanation, and appreciate the creativity with the relatable analogies
Great video and explanation thank you
First time seeing your video .. Fantastic great job
You are a legend for these videos! thank you
I appreciate the info and I guess the 🦄 Symbol is an added bonus 💓
Love your videos. Am currently writing my project
You guys always do an amazing job on your videos! Well done!
Best explanation. Dropped a like and shared 👍
Wow. This was a really good and simple explanation.
I love your videos man! Very informative! Keep it up
New sub, thanks for the content!
Appreciate it! Glad to have you in the community :)
Whiteboard Crypto is a lifesaver! Great content! Easy to understand. I really hope you have some kind of course in Udemy.
Great video. Thank you! Subscribed
As usual ur explanation is exceptional
Thank you so much. I was trying to figure the site out.
very concise explanation! 30th sub here.
Thanks, we really appreciate it :)
-T
Nice vid, bro! What do you consider about MUNCH tho? They’re skyhigh with their charity platform. And there’s a rly low mcap.
Woao dude! Best videos ever I love your process I love that I get what u explaining keep it up!
awesome! Talk about contracts and interactions with it!
Your channel is absolutely amezing , your explanations and drawings are very easy and simple to understand that even my parrot can learn content of the video .
Keep it up guys and thank you for existing !
The counts for all your videos !!!
ABSOFUCKINGLUTELY an INSTANT SUBSCRIBER !!!
Well shoot, you might have become our most enthusiastic subscriber so far Craig.
@@WhiteboardCrypto lol thanks !!! My wife and I are just starting to learn only been involved for the last month and it's extremely overwhelming so having/ finding videos like yours is priceless !!!
That's great to hear! We have been thinking about putting together a resource that does a guided walkthrough on everything you need to know about crypto so that you can be best equipped.
Let me know if this is something you'd be interested in testing.
-N
@@WhiteboardCrypto ABSOLUTELY INTERESTED 💯👌
@@WhiteboardCrypto absolutely interested! I would even pay a little fee. Your channel is underrated my friend and it’s only a matter of time before it 🚀. Thank you for your insights. My group of close friends and I have started on our crypto journey and out of all the channels including Altcoin daily are absolute 💎. Cannot thank you enough!
The anti-bot capabilities of Web3 Infinity Token are a gust of new air. It's high time someone brought up that matter!
Really really awesome video!! Keep making such amazing videos. 👍👍
Web3 Infinity by Web3 has the capacity to upend the market. Looking forward to where it goes!
easy to understand.. love it!!
Uniswap is the best in terms of Marketcap. I'm also into using new DEX's with creative ideas, like Hydranet that allows cross-chain swaps on layer 3.
Like button pressed ✅
This is sooo good!
Fantastic explanation!
Awesome Explaination!!!
This is pretty dope!
My new favorite channel. You just made this so easy for me to understand. Thank you!
Beautiful explanation
Nice work
First of all, love your channel! I'm not sure what you mean when you say 'no taxes' at 6:27. Swapping one cryptocurrency for another is considered a taxable event so you'd still have to record a capitol gain or loss on that trade.
Uniswap doesn't report your transactions to any government entity. You'll still owe tax depending on your country's rules. In the US for instance, you're definitely going to need to track and report your transactions and report your income... but you'll have to do that yourself. Uniswap is not going to send you a 1099 form for example.
Great work
amazing as always.
Bro how do u make such a beautiful video? What app do u use?
Phenomenal video.
Thank you for video 🧐
Web3 Infinity for Web3 is distinctive due to its features. It differs from other market tokens in several respects.
great work
Great explanation. Thx
Nice meeting me here
Really great work! What program do you use to make these drawings/illustrations?
Fiverr probably
7:20 Error 🚨 Wrong percentages were said compared to what was shown ❌
Thank you so much
Thanks for the video, very easy to understand. I liked and subscribed. :)
Question: If Uniswap is decentralized and automated, how does owning the UNI token and voting change how it works? Are the smart contracts underlying Uniswap written to automatically enact any code changes approved by the majority of token holders?
This is roughly how the platform works, yes :)
@@WhiteboardCrypto Sounds like one of your fellows, hehehehe, right?
Earned a sub!
Good video like it 👍
Question: at 3:52 , the "selling of Ethereum at a higher price", is it assumed that the Ethereum is in the same scenario with the BAT? Hope you understand what I'm asking
good job !
At 03:55 wouldn’t the next person be selling ETH at a lower price, given the fact that the previous transaction left more ETH in the pool?
nicely explained
Thanks a lot
very clear and easy to understand! great job man! There's only one thing is not clear to me:
why at 4:05 would you want to buy 2000$ worth of ETH from Coinbase and sell it for 2.050$ worth of ETH in Uniswap if the value ETH in Uniswap is lower than normal since in Uniswap the ETH value in Uniswap dropped?
What?
Assumption bro
@@divyanshukothari8407 what do you mean assumption that would mean money loss, thats exactly like buying high and selling low, why would you even do it? or am i missing anything?
@@Ratuono he is just taking example in this case
@@divyanshukothari8407 it is an example but still an example where he's saying to sell at a lower price than he bought because of percentage fees
"and you pay a very, very small fee" - something like 100$ on Ethereum :-)
Although luckily, Uniswap is also on Polygon since few months, but the problem is that most exchanges take huge fees when you withdraw MATIC or ETH from your account, so it's still not small fee for most exchanges :-(
i enjoyed it
very good video
Thank you (:
Thank you so much for your hard work! 😊 I’ve got a question: 🤨 I have a set of words 🤷♂️. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Not sure how to use them, would appreciate help. 🙏
😊 thanks
Best best and best
Good stuff! How come u don't have a patreon or premium subscription option?
So we need the whole supply chain to go crypto. This information needs to be made accessible to farmers and manufacturers etc. A coordinated global government attack could be a problem though. Covid should be a wake up call for crypto.
More more more! Make more vids PLZ
Nice
Question: who is running the server for uniswap? eth miners?
Zombie World Z is one of pioneer-games applying metaverse combining virtual reality (VR) on the BSC, towards a game economy of the actualization with play-to-earn
3:55 shouldn't it be "sell some ethirium at a ***lower*** price"?
great
I like the part "a very very small fee" .... of a couple of hundred dollars worth of gas fees
0.03 to 0.3 whoosh 108%