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 - • 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:
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👇See anything we haven't covered? Leave us a comment in the comment section below

[@99Bitcoins]

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 - kzbin.info/www/bejne/oKmvnJWApN9-mLs 👉 Bitcoin Trading fo Beginners - kzbin.info/www/bejne/mWi5eWxsgt6Saas 👉 What is Blockchain Technology - kzbin.info/www/bejne/aKqtop2Kntyjrq8 👉 What is DeFI - kzbin.info/www/bejne/mKWlkJKlfbZjqbc 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]

Thanks so much!

[@donvicanto]

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]

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

[@nellydemirjyan56]

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]

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

[@rayreyes8497]

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]

@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]

@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]

@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.

[@grindTIME1985]

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

[@emanuelduro4691]

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!

[@Delvarn]

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

[@AMM-ws5tz]

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

[@JanBruunAndersen]

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

[@seancurran2226]

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

[@gbenrobello2487]

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

[@seymourbuhtts979]

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

[@hughw.]

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

[@shawnkerr5003]

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]

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

[@parttimelarry]

Beautifully explained, thank you!

[@patrickevans4396]

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

[@alaad1009]

You're the OG!

[@faithandhope7133]

Thank you. Please keep the information coming.

[@alekseigerasimov9073]

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

[@johnnynzcryptonite3103]

You bloody genius... Love yr work 🤩

[@textsmsmaster9884]

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"

[@DaTrollerSkate]

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

[@holodeckdragon8876]

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

[@AlexLee-lm7mc]

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

[@ETFAnalyzer]

Beyond excellent explanation! Thank you very much.

[@monoto8272]

Thank you so much! You made it so easy.

[@antdeeziak9057]

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

[@deepthinker3684]

Thanks for the clear explanation on Uniswasp

[@redlobbster]

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

[@johanfick3932]

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

[@leonardoarroyoserrano2082]

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

[@zalida100]

Great vid nate - thanks

[@Audrey-fo2ic]

Wow this is amazing! Thanks!

[@davidderidder2667]

Much appreciated Nate. Superb explainer👍🏽

[@olemakpadu1547]

Thanks for the explanation.

[@arouraios4942]

Great Video! Thanks a lot!

[@Jmhfl7]

Thank you for the GREAT video!

[@gooooblaster1800]

Needed this video. Thanks youre a godsend

[@bloodbound696]

My goodness that was amazing

[@isurumeegahathenna862]

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

[@stasinossofroniou7430]

Thank you for this!!!!

[@aiddos]

Very insightful

[@LumocolorARTnr1319]

Very informative. I will send this to friends.

[@MarianDj]

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!!!

[@missedcall4969]

You are the definition of crypto genius

[@ped5906]

Great video. Thank you!!!

[@lachygordon506]

Legend thanks dude!

[@johnjakobs1848]

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!

[@HammadKhanYT]

Wow Amazing explanation as always.

[@jburnsey88]

Very hopeful for Uniswap

[@filohg]

Natan, you’re the man!

[@kevin9989]

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

[@nobodyimportant5485]

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

[@hymedia9713]

Awesome video

[@venkatsubramanian8343]

Awesome 👏

[@angrycoin3567]

very good content！

[@isaaccanales9327]

Good info!

[@vipinchaudhary7099]

Awesome video and nicely explained

[@99Bitcoins]

Thanks a lot 😊

[@jackfisher9833]

That's exactly what I needed.

[@great9640]

Extremely valuable information thankyou!

[@99Bitcoins]

Glad it was helpful!

[@HasanSattarr]

Very nice information

[@nagatoshi4597]

Great short intelligible explanation.

[@lorimast]

I love the outtakes. 😀

[@lorimast]

@kenny blue spammer.

[@priyeshsingh9094]

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

[@sbonisomdlalose4339]

Excellent

[@GatormanEsquire]

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

[@md.imranmia7857]

Nice,thank you

[@99Bitcoins]

Welcome 😊

[@aaminah2413]

Thnks

[@paradaphunchuai2404]

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

[@Bryan-eg7si]

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

[@alik1059]

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?

[@michaelhinchey]

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

[@samb6376]

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

[@neilbeenraw8549]

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]

@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?

[@PeaceChanel]

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

[@dzcryptominerz542]

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

[@fr8tv4]

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

[@nasaos8571]

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

[@Bonez0r]

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.

[@samuelennin630]

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

[@trueinfo402]

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]

Does the gas fees impact trading?

[@KombatFlix]

🔥🔥

[@mac3025]

Uniswap looking like it'll make a strong rally today

[@unathorizedbargain8862]

Baby uni 🚀 🌙

[@owoene9106]

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

[@priyeshsingh9094]

❤️

[@pensionnewschannel5176]

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.

[@rbd5868]

Could you also do a video about pancake swap

[@sportschannel6235]

How to trust wallet to uniswap pay and sell

[@normanoman7098]

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

[@AMM-ws5tz]

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

[@clintbryan6658]

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

[@zanelegamede4426]

What happen after swapping oap

[@cyborg6294]

I will never use dexes now, the fees are way higher than centralized exchanges, also the risk of getting crypto from already blocked addresses in centralized exchanges.

[@prashantthakuri6074]

Make video on Solana.....thank you

[@user-wr4yl7tx3w]

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

[@markanderson1228]

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

[@xro3211]

uniswap Send button Receive address Why can't I see it now?

[@99Bitcoins]

Hi, Were you able to find these? The Uniswap protocol requires that you connect your wallet before you can swap.

[@user-fl8lk5zl4x]

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

[@itsGuy]

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

[@pinoyace1]

Can you change the white background to another color because it's painful to the eyes?

[@Shubham0298]

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