How to Use Uniswap
Uniswap is the most popular decentralized exchange (DEX) on Ethereum and other networks. It allows you to swap tokens directly from your wallet without an intermediary.
Why Use Uniswap?
Advantages:- No account or KYC required
- Trade any ERC-20 token
- Your keys, your crypto
- Available 24/7
- Gas fees on Ethereum can be high
- Price impact on large trades
- Always verify token contracts
Supported Networks
Uniswap is available on:
- Ethereum (original)
- Arbitrum (low fees)
- Optimism (low fees)
- Polygon (low fees)
- Base (low fees)
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Step-by-Step Instructions
1
Go to Uniswap
Visit app.uniswap.org and connect your wallet using the Connect button.
Warnings
- ⚠Only use app.uniswap.org - beware of phishing sites
2
Select Tokens
Choose the token you want to swap FROM and the token you want to receive.
Tips
- ✓Use the search bar to find tokens
- ✓Verify token addresses on Etherscan
3
Enter Amount
Enter how much you want to swap. The interface will show you the expected output.
Tips
- ✓Check the price impact percentage
4
Review Details
Click Review Swap and check slippage tolerance, price impact, and fees.
Tips
- ✓Default 0.5% slippage is usually fine
- ✓Increase for volatile tokens
5
Approve Token (if needed)
For first-time swaps with a token, you need to approve Uniswap to spend it.
Tips
- ✓Consider using limited approval instead of unlimited
6
Confirm Swap
Click Swap and confirm the transaction in your wallet. Wait for confirmation.
Tips
- ✓Track your transaction on Etherscan