What is Uniswap - A Beginner's Guide (2024 Updated)

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  • Опубликовано: 30 сен 2024

Комментарии • 216

  • @99Bitcoins
    @99Bitcoins  3 года назад +56

    CAUTION!! Many scammers are using the comment section to promote their scams and sometimes even use the name “99Bitcoins” in their profile. Never send money to someone you don’t know and don’t accept offers to trade or exchange cryptocurrency from strangers.
    Stay safe 🙏🏻🙏🏻🙏🏻
    🦄Uniswap is a decentralized permissionless exchange that allows users to trade ERC-20 tokens directly.
    🌈This is a complex topic, make sure you go through the following videos for the basics:
    👉 What is Ethereum - ruclips.net/video/jxLkbJozKbY/видео.html
    👉 Bitcoin Trading fo Beginners - ruclips.net/video/c7VH96My_3I/видео.html
    👉 What is Blockchain Technology - ruclips.net/video/2yJqjTiwpxM/видео.html
    👉 What is DeFI - ruclips.net/video/btB__oHQ0sU/видео.html
    Here is what's discussed in the video:
    0:57 What is Uniswap?
    1:13 How Traditional Crypto Exchanges Work
    1:57 Orders on Traditional Exchanges
    2:28 Decentralized Exchanges (DEX)
    3:40 Traditional Crypto Exchange Trades
    4:47 DEX Trades
    4:55 Liquidity Pools
    5:28 Traditional Price Discovery
    5:47 DEX Price Discovery
    6:06 Uniswap AMM
    6:32 Constant Product Market Maker Model
    8:07 Uniswap
    8:41 Uniswap Versions
    9:28 Using Uniswap
    9:52 Price Slippage
    10:25 Beware of Scams
    11:04 UNI Token
    12:18 Conclusion
    12:53 Bloopers
    🧐Read our in-depth guide here:
    bit.ly/3voUEAU

    • @ciscokid33
      @ciscokid33 3 года назад +1

      Thanks so much!

    • @donvicanto
      @donvicanto 3 года назад +1

      We are seeing more managed money and,to an extent, institution money entering the [crypto] space.Anecdotally speaking, I know of many people who are working at hedge funds or other investment managers who are trading cryptocurrency personally, the question is, when do people start doing it with their firms and funds?

    • @donvicanto
      @donvicanto 3 года назад

      Purchase Bitcoin,Dogecoin with us we pay 25% on each deposits you made

    • @nellydemirjyan56
      @nellydemirjyan56 3 года назад

      It's always a pleasure to watch ur videos! Can you do one about Rentible? This product is still so underestimated, it’s a crime!

    • @jboy619
      @jboy619 3 года назад

      Have you done a Video on Altcoins? I am looking at Pika Crypto. Any advice will be much appreciated. 🙏

  • @LopezRodriguez-lm8jh
    @LopezRodriguez-lm8jh 2 месяца назад +16

    I've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?

    • @Martensallen
      @Martensallen 2 месяца назад +6

      I will advice you should stop trading on your own if you keep losing.

    • @Martensallen
      @Martensallen 2 месяца назад +6

      If you can, then get a professional to trade for you I think that way your assets are more secure.

    • @Martensallen
      @Martensallen 2 месяца назад +5

      I'd recommend Bethany Jennings, her profit is great even when there's a dip

    • @AlexSchmidt-mk2ip
      @AlexSchmidt-mk2ip 2 месяца назад +4

      Wow. I'm a bit perplexed seeing her being mentioned here also. I didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been amazing.

    • @Martensallen
      @Martensallen 2 месяца назад +6

      You don't need to be shocked haha because I'm also a huge beneficiary of her

  • @sandrakenneth9892
    @sandrakenneth9892 3 года назад +5

    I HAVE BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?

  • @rayreyes8497
    @rayreyes8497 3 года назад +39

    After watching about 20 videos where they all use the word "liquidity" as if everybody instinctively understands what it is, this video finally explained it. Thank you!

    • @rayreyes8497
      @rayreyes8497 3 года назад

      @R K The definition of liquidity when talking about crypto exchanges is very different to the traditional dictionary definition. By the way, the first word of your comment should be "Ever", not every. Google it.

    • @rayreyes8497
      @rayreyes8497 3 года назад

      @R K "the more buyers & sellers an exchange has, the larger its order book & the more "liquid" is said to be." That is what liquidity in this context means, not the Google definition. But, after all, the video also says that this is an advanced topic, so some people may not be as smart as you,.... I think.

    • @rayreyes8497
      @rayreyes8497 3 года назад

      @R K I am not trying to prove you wrong, son, you are the one who sent an unsolicited and offensive comment to Google liquidity and now tell me to go learn something. I don't have to prove what you already know.

  • @JanBruunAndersen
    @JanBruunAndersen 3 года назад +14

    Excellent! I like these bitsized videos explaining just enough for me to understand what other people are talking about.

  • @jentorissitanggang7038
    @jentorissitanggang7038 2 года назад +3

    PONZI, be careful

  • @Delvarn
    @Delvarn 3 года назад +10

    Couldn't get my head around Uniswap for a long time and then boom, I get it now. Good vid!

    • @AMM-ws5tz
      @AMM-ws5tz 2 года назад

      I COMPLETE THE SWAP AND TRANSACTION INDICATED PENDING. THEN MY MONEY AND COINS VANISHED. WHY WOULD YOU SUPPORT THIS BULLSHIT?

  • @grindTIME1985
    @grindTIME1985 2 года назад +4

    best explanation out there on youtube. professional and concise...
    not like these young 20 year explaining non sense

  • @seymourbuhtts979
    @seymourbuhtts979 3 года назад +9

    Absolutely love your channel and the way you share information. By far one of the best crypto channels on RUclips

  • @alaad1009
    @alaad1009 3 года назад +13

    You're the OG!

  • @emanuelduro4691
    @emanuelduro4691 2 года назад +3

    Some channels say they have simple explanations, but not! A lot of beautiful drawings and a tangle of info. I`ve watched like 3 videos before and only now I could understand it. Thank you!

  • @alekseigerasimov9073
    @alekseigerasimov9073 3 года назад +4

    Very nice. We need more videos like this explaining popular up to date topics.

  • @faithandhope7133
    @faithandhope7133 3 года назад +4

    Thank you. Please keep the information coming.

  • @parttimelarry
    @parttimelarry 3 года назад +1

    Beautifully explained, thank you!

  • @jojames4073
    @jojames4073 3 года назад +1

    In few months or no time people will definitely be kicking themselves in regret for missing the opportunity to buy or invest in cryptocurrency. Can I see a HELLO from my fellow investors??

  • @GatormanEsquire
    @GatormanEsquire 3 года назад +2

    You've got to admit it's pretty funny to state that traditional exchanges do extensive research into coins it will support at the same time that Coinbase announces it will now support SHIB

  • @zalida100
    @zalida100 3 года назад +3

    Great vid nate - thanks

  • @xro3211
    @xro3211 Год назад +1

    uniswap Send button Receive address
    Why can't I see it now?

    • @99Bitcoins
      @99Bitcoins  Год назад +1

      Hi,
      Were you able to find these?
      The Uniswap protocol requires that you connect your wallet before you can swap.

  • @seancurran2226
    @seancurran2226 3 года назад +4

    I appreciate your videos. So many times I used to have to stop and pause and now I get it but thinking about valuation so it seems a little slow haha, it’s the right combination. Great job as always

  • @MulugetaHaro
    @MulugetaHaro 9 дней назад

    Thank you so much for your hard work! 😊 I wanted to ask something unrelated: 🤔 I have a set of words 🤷‍♂️. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What is this? 🤔

  • @btjustin4978
    @btjustin4978 3 года назад +1

    I want to learn BTC knowledge, is there anyone willing to guide

  • @holodeckdragon8876
    @holodeckdragon8876 3 года назад +2

    Really good! I send lots of newbies to you guys to learn. thnx for your clarity.

  • @Jammie-f4i
    @Jammie-f4i 27 дней назад

    Thanks for the analysis! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). What's the best way to send them to Binance?

  • @LauraTurner-i3r
    @LauraTurner-i3r Месяц назад

    You're doing a fantastic job! I need some advice: My SafePal wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?

  • @corporate_marshmallow
    @corporate_marshmallow Год назад +1

    Can anyone assist, tried buying some Metacade today via uniswap, i xfered the amount of ETH it was asking for only for the swap to be denied as it said i didnt have enough for gas???? so added the amount it said i required and within minutes was back tryint to swap my ETH for Metacade, exactly the same message comes up asking me to buy more ETH??!?!?1 etf?

  • @thisoldminer
    @thisoldminer 3 года назад +1

    But who wants erc20 tokens they're not good for anything.

  • @m0rtenDK
    @m0rtenDK 3 года назад +2

    Great video! Can you please do one on Pancakeswap?

  • @prashantthakuri6074
    @prashantthakuri6074 3 года назад +1

    Make video on Solana.....thank you

  • @trueinfo402
    @trueinfo402 3 года назад +1

    Hello 99 ! Could u pls also make a small video on unilend coin / uft coin . It’s seems another uniswap coin on it’s very early stage . ! Thank you so much !

  • @siddhantjajoo3136
    @siddhantjajoo3136 3 года назад +1

    @99bitcoins Would this mean that the same token/coin would have different value in terms of dollars when compared on Centralized and decentralized exchanges?
    Since it really depends on the constant value.
    What if two different liquidity pools are created with ETH and DAI in the same DEX? Then the price would vary for the same token in different liquidity pools based on the number of ETH and DAI that pool consist of?

  • @nasaos8571
    @nasaos8571 3 года назад +1

    so what is the different between uni and pancake swap and sushi swap ?

  • @pensionnewschannel5176
    @pensionnewschannel5176 6 месяцев назад

    Problem with Uniswap. I have activated “view only” and want to revert to trading functionality. I know my seed phr@se but it’s asking to link with another wallet. Help.

  • @DaTrollerSkate
    @DaTrollerSkate 3 года назад +2

    thanks for this informative video! I enjoy the succinct and straight to the point format. Keep it coming :)

  • @patrickevans4396
    @patrickevans4396 3 года назад +2

    You connected several dots for me, thank you for this great video!

  • @shawnkerr5003
    @shawnkerr5003 3 года назад +1

    Sooooo glad I found you!! There are giant lightbulbs going off above my head now. I am going to binge watch each and every video you have. THANK YOU!!!!

  • @deepthinker3684
    @deepthinker3684 3 года назад +1

    Thanks for the clear explanation on Uniswasp

  • @Bryan-eg7si
    @Bryan-eg7si 3 года назад +1

    When doing a swap like this , do i have to pay for eth gas fees ?

  • @textsmsmaster9884
    @textsmsmaster9884 3 года назад +1

    This is a GREAT SHORT VIDEO about the general concept of UniSwap and ideology .. but, as you asked, here are a couple more pressing questions as fast as the exchanges and governance processes are evolving .. 1. explain "LAYERS" .. 2. explain "1559 Token"

  • @davidtetteh86
    @davidtetteh86 3 года назад +1

    I love the presentation. Thanks,your explanation is brief and easy to understand. Thank u.

  • @alik1059
    @alik1059 2 года назад

    Hi how do I activate uniswap protocol for a particular coin I want to trade If I accidentally pressed cancel when I wanted to 1st trade?

  • @normanoman7098
    @normanoman7098 2 года назад

    What happens whe u swap your ethereum for a token? Does the amount of token fluctuate in amount 🤔 ??

    • @AMM-ws5tz
      @AMM-ws5tz 2 года назад

      DO NOT USE UNISWAP. IF YOUR TRANSACTION FAIL. THEY STEAL YOUR MONEY AND YOU DO NOT RECEIVE YOUR CRYPTO.

  • @mac3025
    @mac3025 2 года назад

    Uniswap looking like it'll make a strong rally today

  • @JakobCigale
    @JakobCigale 2 месяца назад

    SDUs1200markertnotway. .,,..

  • @Jmhfl7
    @Jmhfl7 3 года назад +1

    Thank you for the GREAT video!

  • @MarianDj
    @MarianDj 2 года назад

    Newbie here on your channel. So first of all Nate Martin voice is really fantastic. My ears will really glad to listen. 2nd this is very informative. Would definitely browse the rest of the videos. Keep it up and more power!!!

  • @rbd5868
    @rbd5868 3 года назад +1

    Could you also do a video about pancake swap

  • @igcheetosandmojitos5081
    @igcheetosandmojitos5081 Год назад +1

    Can you swap bitcoin on uniswap?

    • @99Bitcoins
      @99Bitcoins  Год назад +2

      Yes, you can swap it.
      Uniswap is a decentralized exchange built on the Ethereum blockchain, and it was originally designed for swapping ERC-20 tokens. However, with the advent of Wrapped Bitcoin (WBTC), which is an ERC-20 token backed by Bitcoin, it is now possible to swap Bitcoin on Uniswap.
      To swap Bitcoin on Uniswap, you would need to first convert your Bitcoin to WBTC on a custodial or non-custodial exchange that supports the conversion. Once you have WBTC, you can then use Uniswap to trade it for other ERC-20 tokens or Ethereum (ETH).

  • @AlexLee-lm7mc
    @AlexLee-lm7mc 3 года назад +1

    this is the best channel on youtube for crypto info. Keep it up!

  • @samb6376
    @samb6376 2 года назад

    Once you complete your transaction, do you disconnect your wallet? Thanks for the tutorial….

  • @davidderidder2667
    @davidderidder2667 2 года назад +1

    Much appreciated Nate. Superb explainer👍🏽

  • @angrycoin3567
    @angrycoin3567 3 года назад +2

    very good content!

  • @ETFAnalyzer
    @ETFAnalyzer 3 года назад +1

    Beyond excellent explanation! Thank you very much.

  • @JakobCigale
    @JakobCigale 2 месяца назад

    LEVICA NOT NOCEJO MOJ MARKERTIN HOCEMO ZDA ON MANY DIDV.,,..POKOJNINA 3O LET DELA,,..WAY,,..

  • @filohg
    @filohg 3 года назад +9

    Natan, you’re the man!

  • @markanderson1228
    @markanderson1228 3 года назад

    Why's that whenever I buys a crypto currency that I hopes on going higher , but ends up going dip down??

  • @aiddos
    @aiddos 3 года назад +2

    Very insightful

  • @bloodbound696
    @bloodbound696 3 года назад +2

    My goodness that was amazing

  • @Blingchachink
    @Blingchachink 3 года назад +1

    ERGO. Do your own research.

  • @nagatoshi4597
    @nagatoshi4597 2 года назад +1

    Great short intelligible explanation.

  • @scorch4299
    @scorch4299 Год назад

    eh....all the same, i think ill take a look at the code....

  • @gbenrobello2487
    @gbenrobello2487 3 года назад +1

    Thank you so much for this video , you have just demystified the whole DEX concept for me.

  • @johanfick3932
    @johanfick3932 3 года назад +1

    Awesome content Nate and always love the out takes!! 🤣🤣🤣

  • @PeaceChanel
    @PeaceChanel 2 года назад

    Thank You for All that you are doing for World Peace..
    Peace.. Shalom.. Salam.. Namaste ..🙏🏻 😊 🌈 ✌ 🌷 ☮️ ❤️

  • @itsGuy
    @itsGuy 3 года назад

    What's to stop some whale from buying enough uni tokens to call the shots going forward?

  • @Bonez0r
    @Bonez0r 2 года назад

    7:29 "... no matter how large the order size or how tiny the liquidity pool."
    I'm just beginning to look into uniswap, so I know almost nothing. What if the liquidity pool is tiny, like in the example with 10 ETH and 10,000 DAI, and someone needs to buy 11 ETH? I missed that in the video.

  • @r4g3quit13
    @r4g3quit13 2 года назад

    Very simple uniswap sucks.
    At 500$ a trade Uniswap is grate for scaring new small investors away. Grate job uniswap enjoy your profits
    .what a nasty company.

  • @olemakpadu1547
    @olemakpadu1547 3 года назад +1

    Thanks for the explanation.

  • @РУССЧАН
    @РУССЧАН 3 года назад

    Can you mention anything about Rentible? It’s a truly perfect project, and $RNB coin has serious first-class ticket to the moon potential

  • @gondwanandreams7635
    @gondwanandreams7635 3 года назад

    Ok, so are there DEX's out there that can handle a wider range of crypto? Coins like Bitcoin aren't ERC20, so they can't be on Uniswap, right? Surely an exchange that could handle all of them in a unified way would be even more valuable?

  • @AMM-ws5tz
    @AMM-ws5tz 2 года назад

    WHERE THE FUCK IS MY MONEY??????????????????///

  • @Shubham0298
    @Shubham0298 2 года назад

    I didn't get the formula ,if 9 eth *11111dai=100,000 then how 1 eth =1,111?

  • @jojames4073
    @jojames4073 3 года назад

    In few months or no time people will definitely be kicking themselves in regret for missing the opportunity to buy or invest in cryptocurrency. Can I see a HELLO from my fellow investors??

  • @owoene9106
    @owoene9106 3 года назад

    Thanks for the video, but there's a stage I need explanation
    ACCOUNT
    How do I accumulate my fees earned?

  • @cyborg6294
    @cyborg6294 3 года назад

    I will never use dexes now, the fees are way higher than centralized exchanges, also the risk of getting crypto from already blocked addresses in centralized exchanges.

  • @JakobCigale
    @JakobCigale Месяц назад

    VKS ukoriztoo bolokiran sistem

  • @neilbeenraw8549
    @neilbeenraw8549 2 года назад

    So if I see that a certain coin is a very low price on a certain platform, and that platform says the coin is only available to purchase on uniswap the price that it is the platform you saw it on won’t apply, and if uniswap is the only place I can buy it how will I know if I made a lot from my investment, especially if the price on the platform I saw it on Doesnt apply? My whole focus is to invest and make money from my investment.

  • @Yewbzee
    @Yewbzee 3 года назад

    I think its fair to say that most crypto token's value today follow the "greater fool" principle. That's not to be disrespectful to them, after all our fiat currency is pretty much the same idea.

  • @clintbryan6658
    @clintbryan6658 3 года назад

    I’m finding all this crypto information confusing at times will there be a coin or a crypto for every day use there’s so many

  • @arouraios4942
    @arouraios4942 3 года назад +1

    Great Video! Thanks a lot!

  • @priyeshsingh9094
    @priyeshsingh9094 3 года назад +4

    Absolute masterpiece..crisp,short and very informative.😍

  • @pinoyace1
    @pinoyace1 3 года назад

    Can you change the white background to another color because it's painful to the eyes?

  • @malna1789
    @malna1789 2 года назад

    I just started to have an headache

  • @stasinossofroniou7430
    @stasinossofroniou7430 3 года назад +1

    Thank you for this!!!!

  • @antdeeziak9057
    @antdeeziak9057 2 года назад

    I love the news style channel, thanks for giving us good info, def subbing.

  • @plot-cadimpressoes2964
    @plot-cadimpressoes2964 2 года назад

    Everything works, especially free, use until it is too late!

  • @dzcryptominerz542
    @dzcryptominerz542 2 года назад

    Great explaination good job dude in arabic algerian dardja we say yaatik saha god give you health nathe

  • @nobodyimportant5485
    @nobodyimportant5485 3 года назад +12

    These videos are fantastic. Thank you so much for your clear and concise delivery of some relatively complex topics

  • @Audrey-fo2ic
    @Audrey-fo2ic 3 года назад +1

    Wow this is amazing! Thanks!

  • @LumocolorARTnr1319
    @LumocolorARTnr1319 2 года назад

    Very informative. I will send this to friends.

  • @ekhwong
    @ekhwong 3 года назад

    It actually is a paradox to trade decentralised crypto through centralised exchanges

  • @kevin9989
    @kevin9989 2 года назад

    This is the best crypto channel on the internet. Thank you very much.

  • @sportschannel6235
    @sportschannel6235 3 года назад

    Please tell me

  • @maxlife9721
    @maxlife9721 2 года назад

    THE FEES ARE OUT OF CONTROL.....WILL NEVER USE UNISWAP AGAIN

  • @samuelennin630
    @samuelennin630 3 года назад

    what is the difference between uniswap and binance exchange and how do the function

  • @user-wr4yl7tx3w
    @user-wr4yl7tx3w 2 года назад

    Can you do a video explaining more how slippage can happen?

  • @musedev8124
    @musedev8124 3 года назад

    How do you actually use UniSwap 9:29 you’re welcome

  • @paradaphunchuai2404
    @paradaphunchuai2404 2 года назад

    Good day, just to check what is a dai and how to determine the initial dai ?

  • @JakobCigale
    @JakobCigale Месяц назад

    Not GUED WAY

  • @stephenyip5827
    @stephenyip5827 3 года назад

    Any Dex except from uniswap?

  • @kebman
    @kebman 3 года назад

    IDK. I just don't like the idea of trading with a pool. I like to trade with a person, or someone making an actual one-to-one offer. The above idea seems convoluted to me, but Ok, I get that it provides "liquidity" for trades all the time, so that you don't have to wait for an offer. On the other hand, it's the offer the confirms a real trade though. Now a system that did _that_ through smart contracts would be far more interesting to me.

    • @AMM-ws5tz
      @AMM-ws5tz 2 года назад

      THIS BULLSHIT IS A SCAM. THEY STOLE MY MONEY.