What is Uniswap - A Beginner's Guide (2024 Updated)

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  • čas přidán 7. 08. 2024
  • 🦄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 - • What is Ethereum? A Be...
    👉 Bitcoin Trading fo Beginners - • Bitcoin Trading for Be...
    👉 What is Blockchain Technology - • What is Blockchain? Bl...
    👉 What is DeFI - • What is DeFi? A Beginn...
    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:
    bit.ly/3voUEAU
    📖 Join our 7-day Bitcoin crash course absolutely free:
    bit.ly/2pB4X5B
    🔔 Learn ANYTHING about Bitcoin and cryptocurrencies on our CZcams channel:
    bit.ly/2BVbxeF
    📲 Get the latest news and prices on your phone:
    iOS - apple.co/2yf02LJ
    Android - bit.ly/2NrMVw2
    👇See anything we haven't covered? Leave us a comment in the comment section below
  • Věda a technologie

Komentáře • 210

  • @99Bitcoins
    @99Bitcoins  Před 3 lety +56

    CAUTION!! Many scammers are using the comment section to promote their scams and sometimes even use the name “99Bitcoins” in their profile. Never send money to someone you don’t know and don’t accept offers to trade or exchange cryptocurrency from strangers.
    Stay safe 🙏🏻🙏🏻🙏🏻
    🦄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 - czcams.com/video/jxLkbJozKbY/video.html
    👉 Bitcoin Trading fo Beginners - czcams.com/video/c7VH96My_3I/video.html
    👉 What is Blockchain Technology - czcams.com/video/2yJqjTiwpxM/video.html
    👉 What is DeFI - czcams.com/video/btB__oHQ0sU/video.html
    Here is what's discussed in the video:
    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:
    bit.ly/3voUEAU

    • @ciscokid33
      @ciscokid33 Před 3 lety +1

      Thanks so much!

    • @donvicanto
      @donvicanto Před 3 lety +1

      We are seeing more managed money and,to an extent, institution money entering the [crypto] space.Anecdotally speaking, I know of many people who are working at hedge funds or other investment managers who are trading cryptocurrency personally, the question is, when do people start doing it with their firms and funds?

    • @donvicanto
      @donvicanto Před 3 lety

      Purchase Bitcoin,Dogecoin with us we pay 25% on each deposits you made

    • @nellydemirjyan56
      @nellydemirjyan56 Před 3 lety

      It's always a pleasure to watch ur videos! Can you do one about Rentible? This product is still so underestimated, it’s a crime!

    • @jboy619
      @jboy619 Před 3 lety

      Have you done a Video on Altcoins? I am looking at Pika Crypto. Any advice will be much appreciated. 🙏

  • @rayreyes8497
    @rayreyes8497 Před 3 lety +39

    After watching about 20 videos where they all use the word "liquidity" as if everybody instinctively understands what it is, this video finally explained it. Thank you!

    • @rayreyes8497
      @rayreyes8497 Před 2 lety

      @R K The definition of liquidity when talking about crypto exchanges is very different to the traditional dictionary definition. By the way, the first word of your comment should be "Ever", not every. Google it.

    • @rayreyes8497
      @rayreyes8497 Před 2 lety

      @R K "the more buyers & sellers an exchange has, the larger its order book & the more "liquid" is said to be." That is what liquidity in this context means, not the Google definition. But, after all, the video also says that this is an advanced topic, so some people may not be as smart as you,.... I think.

    • @rayreyes8497
      @rayreyes8497 Před 2 lety

      @R K I am not trying to prove you wrong, son, you are the one who sent an unsolicited and offensive comment to Google liquidity and now tell me to go learn something. I don't have to prove what you already know.

  • @emanuelduro4691
    @emanuelduro4691 Před 2 lety +3

    Some channels say they have simple explanations, but not! A lot of beautiful drawings and a tangle of info. I`ve watched like 3 videos before and only now I could understand it. Thank you!

  • @grindTIME1985
    @grindTIME1985 Před 2 lety +4

    best explanation out there on youtube. professional and concise...
    not like these young 20 year explaining non sense

  • @JanBruunAndersen
    @JanBruunAndersen Před 3 lety +14

    Excellent! I like these bitsized videos explaining just enough for me to understand what other people are talking about.

  • @seancurran2226
    @seancurran2226 Před 3 lety +4

    I appreciate your videos. So many times I used to have to stop and pause and now I get it but thinking about valuation so it seems a little slow haha, it’s the right combination. Great job as always

  • @seymourbuhtts979
    @seymourbuhtts979 Před 3 lety +9

    Absolutely love your channel and the way you share information. By far one of the best crypto channels on CZcams

  • @gbenrobello2487
    @gbenrobello2487 Před 2 lety +1

    Thank you so much for this video , you have just demystified the whole DEX concept for me.

  • @shawnkerr5003
    @shawnkerr5003 Před 3 lety +1

    Sooooo glad I found you!! There are giant lightbulbs going off above my head now. I am going to binge watch each and every video you have. THANK YOU!!!!

  • @davidtetteh86
    @davidtetteh86 Před 3 lety +1

    I love the presentation. Thanks,your explanation is brief and easy to understand. Thank u.

  • @Delvarn
    @Delvarn Před 3 lety +10

    Couldn't get my head around Uniswap for a long time and then boom, I get it now. Good vid!

    • @AMM-ws5tz
      @AMM-ws5tz Před 2 lety

      I COMPLETE THE SWAP AND TRANSACTION INDICATED PENDING. THEN MY MONEY AND COINS VANISHED. WHY WOULD YOU SUPPORT THIS BULLSHIT?

  • @parttimelarry
    @parttimelarry Před 3 lety +1

    Beautifully explained, thank you!

  • @DaTrollerSkate
    @DaTrollerSkate Před 3 lety +2

    thanks for this informative video! I enjoy the succinct and straight to the point format. Keep it coming :)

  • @holodeckdragon8876
    @holodeckdragon8876 Před 3 lety +2

    Really good! I send lots of newbies to you guys to learn. thnx for your clarity.

  • @hughw.
    @hughw. Před 2 lety

    Cleanly laid out. Easy to understand. Swiftly delivered. Easy to understand. 👍

  • @patrickevans4396
    @patrickevans4396 Před 3 lety +2

    You connected several dots for me, thank you for this great video!

  • @ETFAnalyzer
    @ETFAnalyzer Před 2 lety +1

    Beyond excellent explanation! Thank you very much.

  • @faithandhope7133
    @faithandhope7133 Před 3 lety +4

    Thank you. Please keep the information coming.

  • @alekseigerasimov9073
    @alekseigerasimov9073 Před 3 lety +4

    Very nice. We need more videos like this explaining popular up to date topics.

  • @johnnynzcryptonite3103
    @johnnynzcryptonite3103 Před 3 lety +5

    You bloody genius... Love yr work 🤩

  • @alaad1009
    @alaad1009 Před 3 lety +13

    You're the OG!

  • @textsmsmaster9884
    @textsmsmaster9884 Před 3 lety +1

    This is a GREAT SHORT VIDEO about the general concept of UniSwap and ideology .. but, as you asked, here are a couple more pressing questions as fast as the exchanges and governance processes are evolving .. 1. explain "LAYERS" .. 2. explain "1559 Token"

  • @monoto8272
    @monoto8272 Před 2 lety

    Thank you so much! You made it so easy.

  • @zalida100
    @zalida100 Před 3 lety +3

    Great vid nate - thanks

  • @antdeeziak9057
    @antdeeziak9057 Před 2 lety

    I love the news style channel, thanks for giving us good info, def subbing.

  • @johanfick3932
    @johanfick3932 Před 3 lety +1

    Awesome content Nate and always love the out takes!! 🤣🤣🤣

  • @leonardoarroyoserrano2082

    Absolutely grateful for your content , thank you Nate 😊😊😊

  • @Audrey-fo2ic
    @Audrey-fo2ic Před 3 lety +1

    Wow this is amazing! Thanks!

  • @AlexLee-lm7mc
    @AlexLee-lm7mc Před 3 lety +1

    this is the best channel on youtube for crypto info. Keep it up!

  • @arouraios4942
    @arouraios4942 Před 3 lety +1

    Great Video! Thanks a lot!

  • @olemakpadu1547
    @olemakpadu1547 Před 3 lety +1

    Thanks for the explanation.

  • @davidderidder2667
    @davidderidder2667 Před 2 lety +1

    Much appreciated Nate. Superb explainer👍🏽

  • @bloodbound696
    @bloodbound696 Před 3 lety +2

    My goodness that was amazing

  • @stasinossofroniou7430
    @stasinossofroniou7430 Před 3 lety +1

    Thank you for this!!!!

  • @Jmhfl7
    @Jmhfl7 Před 2 lety +1

    Thank you for the GREAT video!

  • @gooooblaster1800
    @gooooblaster1800 Před 2 lety

    Needed this video. Thanks youre a godsend

  • @johnjakobs1848
    @johnjakobs1848 Před 3 lety

    Nate once again you set me straight! Great video. Can you do one on a security token, I am looking to possibly invest in one specifically INX Limited. It just closed it's IPO and is supposed to be SEC regulated and retail friendly. I will be looking forward to hearing what you have to say about it if you can do a video on it that is. I am not sure of your particular criteria for making a video on a specific topic or item. Thanks for straightening me out with uniswap!

  • @deepthinker3684
    @deepthinker3684 Před 2 lety +1

    Thanks for the clear explanation on Uniswasp

  • @aiddos
    @aiddos Před 3 lety +2

    Very insightful

  • @isurumeegahathenna862
    @isurumeegahathenna862 Před 3 lety

    This is awesome!!! The background of exchanges in one video. Can you do a video about Oracles and chainlink?

  • @MarianDj
    @MarianDj Před 2 lety

    Newbie here on your channel. So first of all Nate Martin voice is really fantastic. My ears will really glad to listen. 2nd this is very informative. Would definitely browse the rest of the videos. Keep it up and more power!!!

  • @HammadKhanYT
    @HammadKhanYT Před 2 lety

    Wow Amazing explanation as always.

  • @LumocolorARTnr1319
    @LumocolorARTnr1319 Před 2 lety

    Very informative. I will send this to friends.

  • @ped5906
    @ped5906 Před 2 lety

    Great video. Thank you!!!

  • @venkatsubramanian8343
    @venkatsubramanian8343 Před 3 lety

    Awesome 👏

  • @lachygordon506
    @lachygordon506 Před 2 lety

    Legend thanks dude!

  • @redlobbster
    @redlobbster Před 2 lety

    I find You and Lark pretty good but you’re clarity is top level.

  • @isaaccanales9327
    @isaaccanales9327 Před 3 lety

    Good info!

  • @angrycoin3567
    @angrycoin3567 Před 3 lety +2

    very good content!

  • @therealjackfisher
    @therealjackfisher Před 2 lety

    That's exactly what I needed.

  • @kevin9989
    @kevin9989 Před 2 lety

    This is the best crypto channel on the internet. Thank you very much.

  • @michaelhinchey
    @michaelhinchey Před 3 lety

    I came here for knowledge and got a laugh at the end as well. Thx

  • @HasanSattarr
    @HasanSattarr Před 3 lety

    Very nice information

  • @sbonisomdlalose4339
    @sbonisomdlalose4339 Před 2 lety

    Excellent

  • @missedcall4969
    @missedcall4969 Před 3 lety

    You are the definition of crypto genius

  • @jburnsey88
    @jburnsey88 Před 3 lety

    Very hopeful for Uniswap

  • @aaminah2413
    @aaminah2413 Před 3 lety

    Thnks

  • @paradaphunchuai2404
    @paradaphunchuai2404 Před 2 lety

    Good day, just to check what is a dai and how to determine the initial dai ?

  • @nagatoshi4597
    @nagatoshi4597 Před 2 lety +1

    Great short intelligible explanation.

  • @samb6376
    @samb6376 Před 2 lety

    Once you complete your transaction, do you disconnect your wallet? Thanks for the tutorial….

  • @Bryan-eg7si
    @Bryan-eg7si Před 3 lety +1

    When doing a swap like this , do i have to pay for eth gas fees ?

  • @filohg
    @filohg Před 3 lety +9

    Natan, you’re the man!

  • @priyeshsingh9094
    @priyeshsingh9094 Před 3 lety +4

    Absolute masterpiece..crisp,short and very informative.😍

  • @alik1059
    @alik1059 Před 2 lety

    Hi how do I activate uniswap protocol for a particular coin I want to trade If I accidentally pressed cancel when I wanted to 1st trade?

  • @lorimast
    @lorimast Před 3 lety +1

    I love the outtakes. 😀

  • @great9640
    @great9640 Před 2 lety

    Extremely valuable information thankyou!

  • @nobodyimportant5485
    @nobodyimportant5485 Před 3 lety +12

    These videos are fantastic. Thank you so much for your clear and concise delivery of some relatively complex topics

  • @md.imranmia7857
    @md.imranmia7857 Před 2 lety +1

    Nice,thank you

  • @vipinchaudhary7099
    @vipinchaudhary7099 Před 2 lety

    Awesome video and nicely explained

  • @dzcryptominerz542
    @dzcryptominerz542 Před 2 lety

    Great explaination good job dude in arabic algerian dardja we say yaatik saha god give you health nathe

  • @neilbeenraw8549
    @neilbeenraw8549 Před 2 lety

    So if I see that a certain coin is a very low price on a certain platform, and that platform says the coin is only available to purchase on uniswap the price that it is the platform you saw it on won’t apply, and if uniswap is the only place I can buy it how will I know if I made a lot from my investment, especially if the price on the platform I saw it on Doesnt apply? My whole focus is to invest and make money from my investment.

  • @siddhantjajoo3136
    @siddhantjajoo3136 Před 3 lety +1

    @99bitcoins Would this mean that the same token/coin would have different value in terms of dollars when compared on Centralized and decentralized exchanges?
    Since it really depends on the constant value.
    What if two different liquidity pools are created with ETH and DAI in the same DEX? Then the price would vary for the same token in different liquidity pools based on the number of ETH and DAI that pool consist of?

  • @KombatFlix
    @KombatFlix Před 2 lety

    🔥🔥

  • @nasaos8571
    @nasaos8571 Před 3 lety +1

    so what is the different between uni and pancake swap and sushi swap ?

  • @PeaceChanel
    @PeaceChanel Před 2 lety

    Thank You for All that you are doing for World Peace..
    Peace.. Shalom.. Salam.. Namaste ..🙏🏻 😊 🌈 ✌ 🌷 ☮️ ❤️

  • @samuelennin630
    @samuelennin630 Před 3 lety

    what is the difference between uniswap and binance exchange and how do the function

  • @trueinfo402
    @trueinfo402 Před 2 lety +1

    Hello 99 ! Could u pls also make a small video on unilend coin / uft coin . It’s seems another uniswap coin on it’s very early stage . ! Thank you so much !

  • @user-or7ji5hv8y
    @user-or7ji5hv8y Před 3 lety

    Does the gas fees impact trading?

  • @Bonez0r
    @Bonez0r Před 2 lety

    7:29 "... no matter how large the order size or how tiny the liquidity pool."
    I'm just beginning to look into uniswap, so I know almost nothing. What if the liquidity pool is tiny, like in the example with 10 ETH and 10,000 DAI, and someone needs to buy 11 ETH? I missed that in the video.

  • @fr8tv4
    @fr8tv4 Před 3 lety

    I love the bloggers at the end 😆🤣😂😹 👍🏿

  • @priyeshsingh9094
    @priyeshsingh9094 Před 3 lety +1

    ❤️

  • @owoene9106
    @owoene9106 Před 3 lety

    Thanks for the video, but there's a stage I need explanation
    ACCOUNT
    How do I accumulate my fees earned?

  • @GatormanEsquire
    @GatormanEsquire Před 3 lety +2

    You've got to admit it's pretty funny to state that traditional exchanges do extensive research into coins it will support at the same time that Coinbase announces it will now support SHIB

  • @zanelegamede4426
    @zanelegamede4426 Před 3 lety

    What happen after swapping oap

  • @sportschannel6235
    @sportschannel6235 Před 2 lety

    How to trust wallet to uniswap pay and sell

  • @unathorizedbargain8862

    Baby uni 🚀 🌙

  • @clintbryan6658
    @clintbryan6658 Před 3 lety

    I’m finding all this crypto information confusing at times will there be a coin or a crypto for every day use there’s so many

  • @rbd5868
    @rbd5868 Před 3 lety +1

    Could you also do a video about pancake swap

  • @felixtangan8134
    @felixtangan8134 Před 2 lety

    Can you topic how to determine a legit or scam coin.

  • @NSAwatchesME
    @NSAwatchesME Před 2 lety

    how do you get cyrpto in the first place with your cash

  • @itsGuy
    @itsGuy Před 2 lety

    What's to stop some whale from buying enough uni tokens to call the shots going forward?

  • @normanoman7098
    @normanoman7098 Před 2 lety

    What happens whe u swap your ethereum for a token? Does the amount of token fluctuate in amount 🤔 ??

    • @AMM-ws5tz
      @AMM-ws5tz Před 2 lety

      DO NOT USE UNISWAP. IF YOUR TRANSACTION FAIL. THEY STEAL YOUR MONEY AND YOU DO NOT RECEIVE YOUR CRYPTO.

  • @user-fl8lk5zl4x
    @user-fl8lk5zl4x Před 3 lety

    Can you mention anything about Rentible? It’s a truly perfect project, and $RNB coin has serious first-class ticket to the moon potential

  • @Shubham0298
    @Shubham0298 Před 2 lety

    I didn't get the formula ,if 9 eth *11111dai=100,000 then how 1 eth =1,111?

  • @mac3025
    @mac3025 Před 2 lety

    Uniswap looking like it'll make a strong rally today

  • @stephenyip5827
    @stephenyip5827 Před 3 lety

    Any Dex except from uniswap?

  • @user-wr4yl7tx3w
    @user-wr4yl7tx3w Před 2 lety

    Can you do a video explaining more how slippage can happen?

  • @pensionnewschannel5176
    @pensionnewschannel5176 Před 4 měsíci

    Problem with Uniswap. I have activated “view only” and want to revert to trading functionality. I know my seed phr@se but it’s asking to link with another wallet. Help.

  • @prashantthakuri6074
    @prashantthakuri6074 Před 3 lety +1

    Make video on Solana.....thank you

  • @markanderson1228
    @markanderson1228 Před 3 lety

    Why's that whenever I buys a crypto currency that I hopes on going higher , but ends up going dip down??