What is Uniswap – A Beginner’s Guide (2024 Updated)

🦄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:
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👇See anything we haven’t covered? Leave us a comment in the comment section below