How to use DEXs like Uniswap
Decentralized exchanges (DEXs) have revolutionized cryptocurrency trading by eliminating...
1 Chainlink equals $1.62 UNI
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Platform | Chainlink | Uniswap |
---|---|---|
YouHodler | 1 LINK | 1.62 UNI |
To buy Chainlink using Uniswap, first, find a cryptocurrency exchange that supports the LINK/UNI trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your UNI into your exchange wallet. Locate the LINK/UNI pair on the trading platform and place an order to exchange your Uniswap for Chainlink. If the LINK/UNI pair is unavailable, you can first exchange Uniswap for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Chainlink. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Chainlink for Uniswap, first, find a cryptocurrency exchange that supports the LINK/UNI trading pair, such as YouHodler or Wirex. Create an account, verify your identity, and deposit your LINK into your exchange wallet. Locate the LINK/UNI pair on the trading platform and place a sell order to exchange your Chainlink for Uniswap. If the LINK/UNI pair is unavailable, you can first sell Chainlink for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Uniswap. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
Decentralized exchanges (DEXs) have revolutionized cryptocurrency trading by eliminating...