The old me: dive right in and figure it out later. The current me: read the manual.
Today’s lesson: centralized and decentralized exchanges
Uniswap launched on Ethereum in November 2018 and was one of the earlier decentralized exchanges to adopt AMMs. $UNI is its governance token.
Pools with low trading volume on DEXs usually have high slippage, so check the estimated amount you’ll receive before swapping.
$BNB is both a major token in the Binance ecosystem and the native coin used to pay gas on BNB Smart Chain.
#BNB
This is not investment advice of any kind. You are responsible for your own gains and losses.
Today’s lesson: centralized and decentralized exchanges
Uniswap launched on Ethereum in November 2018 and was one of the earlier decentralized exchanges to adopt AMMs. $UNI is its governance token.
Pools with low trading volume on DEXs usually have high slippage, so check the estimated amount you’ll receive before swapping.
$BNB is both a major token in the Binance ecosystem and the native coin used to pay gas on BNB Smart Chain.
#BNB
This is not investment advice of any kind. You are responsible for your own gains and losses.