How does Uniswap work without an order book?

Uniswap uses an Automated Market Maker (AMM) model. Liquidity providers deposit pairs of tokens into a smart contract-powered liquidity pool. Traders can then swap tokens from these pools at algorithmically determined rates, using a formula that balances the pool (x * y = k). This enables instant, decentralized trading.

Is Uniswap safe to use?

Uniswap is considered one of the most secure and battle-tested DEX protocols in DeFi. Its smart contracts are open-source and have been extensively audited. However, risks still exist, including smart contract bugs, rug pulls on newly listed tokens, and impermanent loss for liquidity providers. Users should always verify tokens before trading.

What’s the difference between Uniswap v2 and v3?

Uniswap v2 introduced the classic AMM model where liquidity is distributed evenly across a price curve. Uniswap v3, launched in 2021, brought concentrated liquidity, allowing liquidity providers to choose specific price ranges for their capital - making it more capital efficient and customizable. V3 also introduced multiple fee tiers, enabling LPs to match risk preferences with trading activity.

Can I earn money with Uniswap?

Users can become liquidity providers (LPs) by depositing token pairs into Uniswap pools. In return, they earn a portion of the trading fees (typically 0.05% to 0.3%) generated from users swapping tokens in that pool. However, LPs should be aware of impermanent loss, which can reduce profitability if token prices diverge.

Where can I buy and store UNI?

You can buy UNI directly on Phemex, and we’ll securely hold it on your behalf as a custodial exchange. You can also use other cryptocurrency like USDT to trade UNI on the Phemex spot market. After acquiring UNI, it will be held in your Phemex spot wallet which boasts meticulous security mechanisms.

How to Buy Uniswap (UNI) Guide

How to Buy Uniswap (UNI) on Phemex

Buy Uniswap (UNI) effortlessly on Phemex, the most efficient crypto exchange trusted by millions. Enjoy secure, instant purchases with flexible payment methods, including credit cards, bank transfers, third-party providers and P2P trading, accessible worldwide. Phemex’s intuitive platform and robust security make buying UNI seamless. Kickstart your cryptocurrency journey today—buy Uniswap securely and confidently on Phemex.

Price of Uniswap

$6.11 +0.31%

Where can I Buy Uniswap (UNI)?

Discover where to buy Uniswap (UNI) on Phemex, a secure cryptocurrency exchange trusted worldwide. These three easy steps let you buy UNI with low fees using credit cards, debit cards, bank transfers, or third-party providers—no minimums, no hassle. With two-factor authentication (2FA), proof-of-reserves audits, and anti-phishing protection, Phemex is the safest place to buy Bitcoin and the best place to buy Bitcoin online.

Step 1. Set Up a Secure Account

Sign up on Phemex in moments with your email to start trading Uniswap (UNI) globally. Complete quick identity verification to unlock instant purchases. Phemex’s secure registration, backed by 2FA and proof-of-reserves audits, keeps your account safe from the start, making it a trusted cryptocurrency exchange.

Step 2. Choose a payment method

Choose payment options like credit cards, debit cards, bank transfers, or third-party providers for instant processing. Select your fiat currency and (UNI), and enter the amount to spend. Click “Buy” to proceed with ultra low fees. Phemex’s secure platform, backed by 2FA, ensures the fastest way to buy Uniswap with peace of mind.

Credit/Debit Card

Support:

Currencies 30+

Lowest Fee 0.8%

Arrival Instant

Best For First purchase/Small Amounts

Buy with Credit/Debit Card

Step 3. Buy and Store Uniswap (UNI) Safely

Confirm your order details and complete payment to buy Uniswap UNI instantly. Your (UNI) will be credited to Phemex’s high-security wallet, protected by advanced encryption, within 1 hour or after third-party processing. Buy UNI safely and start trading or holding your UNI today with the best place to buy UNI online.