Uniswap Reviews for May 2024

Submit

Suppose you intend to use Uniswap for the purpose of getting your hands on some exotic altcoins, or to remain completely anonymous while retaining full control of your funds. In that case, you should also be aware of the risks associated with this type of cryptocurrency trading. First of all, there is a risk of encountering a bug in a smart contract that could lead to the funds allocated in it being frozen or lost permanently. There is also the possibility of falling victim to a rug pull, a situation where a provider of considerable liquidity suddenly takes it out of the pool, thus imposing losses on other pool members and causing price slippage.

Cryptocurrency traders on Uniswap should also be aware of the fact that the platform doesn’t hold any responsibility in case the funds are lost for whatever reason. Here, your coins (and problems) are your own, unlike Coinbase, which at least offers some insurance options, or Binance that covered nearly 7,000 BTC lost during the last hack from its Safu fund. As you can see, there are a lot of intricacies related to the use of Uniswap and similar DeFi platforms, but if you cherish the anonymity and don’t trust the third party to carry out the exchange operations, this platform is the top pick from the entire DeFi space.

* Crypto Rating accepts no liability for content of the Uniswap reviews made by the site users. The entire responsibility for the contents rests with the authors.

Top 10 Cryptocurrency Exchanges

#	Exchange	Founded	Rate	Coins	Volume 24h	Change 24h
1	Binance	2017	4.7	341	85 756 472 788	16.06%
2	Kraken	2011	4.5	62	1 142 715 309	28.70%
3	Bitfinex	2012	4.4	146	978 819 336	-9.20%
4	KuCoin	2017	4.2	282	8 060 549 816	24.53%
5	Indodax	2019	3.8	157	33 198 028	-5.74%
6	WazirX	2018	3.4	176	29 385 566	-22.41%
7	Paribu	2017	3.1	51	145 013 619	-31.78%
8	OKEx	2014	3.6	242	20 324 410 065	16.18%
9	Bybit	2018	3.5	97	13 164 479 386	31.11%
10	FTX	2019	1.7	192	11 002 802 152	17.90%

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

Ratings

Market

Company

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.