What is UniSwap? A beginner’s guide | TeraBlock

What is UniSwap? An Introduction to one of the most popular Decentralized Exchange

The UNI token

How are trades conducted on UniSwap?

How is a coin price determined on UniSwap?

A*B = K

How to use UniSwap

Steps to create your first trade on UniSwap:

  1. Open https://app.uniswap.org/ in your browser.
  2. Click on “Connect Wallet” from the top-right corner.
  3. Log in to your wallet and allow it to connect to UniSwap
  4. Choose tokens you’d like to swap, enter the amount, and click “Swap.”
  5. Confirm the transaction.
  6. Once done, the transaction will appear in your wallet.

Final Words

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