Uniswap is a decentralized exchange that unlike the centralized exchange mechanism, allows the exchange of tokens without the need to place an order in the order list. OrderLists were used in previous generation centralized exchanges such as Binance or Bitmex, and most centralized exchanges. Need to register your order in an exchange and manage it by a centralized exchange. But in centralized exchanges, this issue is fundamentally different, which we will discuss in the rest of this article on the shetcoiner site.
As we said, Uniswap is one of the newest generations of decentralized exchange offices. Uniswap in its 3 different versions has been able to achieve commendable features over time up to version 3 and fix many of its previous problems.
In this exchange, you are able to exchange and swap directly with other users without contacting another intermediary (exchange). In fact, Uniswap Exchange is the only provider of exchanges and does not mediate itself. The swap fee in this decentralized exchange is also lower than many other decentralized exchanges.
You might have asked the question, how can you make money in this exchange if it does not have a futures market? Do not worry, this exchange, although it does not have futures, has provided other facilities for you, and in its next versions, it is also increasing these facilities for investment and making money.
In this article, we will look at some ways to make money from Uniswap.
1- Buy UNI tokens
The UNI token is the crypto currency of the Uniswap exchange, and by investing and buying and selling this token, you can make money directly. You can hunt this token at low prices and sell at high prices and bullish market excitement by learning fundamental and technical analysis and experiential knowledge of the crypto market.
In September of 2020, Uniswap launched its governance token called UNI. The platform rewarded 400 UNI tokens during each Airdrop to each wallet address traded on the Uniswap platform prior to the first of September.
Do not forget that Uniswap is one of the 5 leading DEX platforms and gives you the opportunity to invest in it by purchasing tokens related to this exchange. Just be aware that buying and selling tokens or crypto currencies can be a financial risk for you, so try to enter the trade in consultation.
2- Participating in Liquidity Pool
Participating as a liquidity provider in the Uniswap cash pool can be Safe and attractive benefit for you. Many DEX platforms also need users to provide liquidity for their platform. Users can help by providing decentralized exchange liquidity and also make money and make a profit.
So another way to make money on Uniswap is to participate in a liquidity pool as a liquidity provider. To do this, after entering the Uniswap site, go to the Launch App section and click on the pool so that you can connect your wallet and introduce yourself as a liquidity provider to Uniswap.