How to trade Uniswap ( UNI ) as a Beginner

 

Taking a financial position on the price direction of individual cryptocurrencies against the dollar (in crypto/dollar pairings) or against another crypto (through crypto to crypto pairs) is what cryptocurrency trading entails. And, to trade Uniswap as a Beginner, requires following some simple steps

1* What is Uniswap UNI?

Uniswap is a cryptocurrency exchange that operates on a decentralized network. Uniswap is also the name of the business that invented the protocol. Through the use of smart contracts, the protocol enables automatic transactions between cryptocurrency tokens on the Ethereum blockchain.

Unisawp was found in November 2018 by Hayden Adams.

2* Where to exchange Uniswap INU?

Despite not sustaining its pricing beyond a honeymoon period, UNI has proven to be a useful asset for early adopters. Analysts, on the other hand, are more cautious moving forward: much depends on the success of the Uniswap protocol. Therefore, Uniswap is trading on many famous exchanging platforms including Binance, Coinbase, FTX, Gate.io, and so on.

3* How to Buy Uniswap INU?

Before spending any dollar to buy INU, search for the best exchange platform and examine the pricing. As a result, go to Coin Market Cap and look at Uniswap.

As you can see in the Uniswap analytic example that the pricing is not the same as trading on platforms.

According to these strategies, I recommend picking the most safest exchanging platform to trade cryptocurrencies safely, as well as, taking the best current pricing.

Trading Uniswap on Coinbase

First, you should create a Coinbase account, and verify your email, and phone. And then you will request to do KYC. After, you can add a fund to start trading.

Coinbase is one of the most trustworthy cryptocurrency exchanges available today. It keeps funds safe in FDIC-insured accounts, allows you to securely link and trade cryptocurrency through your bank account, and bans questionable accounts to keep users safe.

4* How to Trade Uniswap as a Beginner?

When it comes to buy Unsiwap or any other digital coin, you must take control of pricing. Because it can fall down quickly in minutes. And when you buy your asset (UNI). You are able to hold and wait for the price to go higher to sell your asset with profits.

Conclusion

Since Uniswap Exchange functions as a decentralized exchange and liquidity pool and is built on Ethereum, it has the same security as the Ethereum blockchain. Because it is decentralized, there is no central server from which to hack and steal users' cash.