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🦄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 - https://youtu.be/jxLkbJozKbY 👉 Bitcoin Trading fo Beginners - https://youtu.be/c7VH96My_3I 👉 What is Blockchain Technology - https://youtu.be/2yJqjTiwpxM 👉 What is DeFI - https://youtu.be/btB__oHQ0sU Here is what's discussed in the video: 0:00 Start 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: https://bit.ly/3voUEAU 📖 Join our 7-day Bitcoin crash course absolutely free: http://bit.ly/2pB4X5B 🔔 Learn ANYTHING about Bitcoin and cryptocurrencies on our YouTube channel: http://bit.ly/2BVbxeF 📲 Get the latest news and prices on your phone: iOS - https://apple.co/2yf02LJ Android - http://bit.ly/2NrMVw2 👇See anything we haven't covered? Leave us a comment in the comment section below
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