Uniswap is a decentralized cryptocurrency exchange where users can swap Ethereum coins for a variety of different tokens. The Uniswap protocol facilitates automated transactions between cryptocurrency tokens on the Ethereum blockchain through the use of smart contracts. Currently, Uniswap is ranked amongst the largest decentralized exchanges and it even ranks in the top-5 of all cryptocurrency exchanges overall by daily trade volume. In contrast with most centralized exchanges, Uniswap uses liquidity pools rather than serving as a market maker. The goal behind running the exchange that way is to create more efficient markets which are less prone to manipulation. Anyone wanting to get a token that’s been created on the Ethereum blockchain should be able to get it through the Uniswap exchange!
Resource Name: Uniswap
Resource Website: Uniswap.org
Resource Category: Altcoins Exchanges
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