Although the cryptocurrency market is new and immature, it is continously expanding and persons with crypto assets can trade on the cryptocurrency market which remains available 24 hours a day, seven days a week. Users can make peer to peer transactions on cryptocurrency trading platforms which is connected directly to the cryptocurrency market.
Modern cryptocurrency trading platforms are designed based on two models which includes Decentralized Cryptocurrency Exchange (DEX) and Centralized Cryptocurrency Exchange. In Centralized exchanges, transactions can be conducted only through involvement of trusted third-parties while DEX cryptocurrency exchanges is built to enable traders perform peer to peer transactions without need for reliable intermediaries. Therefore, on DEXs users are entitled to advantages such as affordable or no transaction fees as well listing charges for companies looking to issue their trademark tokens.
Also, Decentralized Cryptocurrency Exchanges are very much protected against hackers than Centralized exchanges because there is no single point of failure. Decentralized Cryptocurrency Exchanges experiences freedom from regulations by government since there is no centralized authority as observed in Centralized Cryptocurrency Exchanges. With DEXs, there is no chance for price and trading volume manipulation coupled with improving capability of users to remain anonymous in any transaction or transfers.
Despite the technological advantages displayed by Decentralized Cryptocurrency Exchanges, Centralized exchanges continue to dominate the cryptocurrency sphere. This is attributed to the fact that DEXs suffers from low liquidity, trading volume and inadequate speed of trading as well poor user interface which most users find extremely perplexing to navigate.
Regardless of the slow rate at which several DEX platforms are developing, Uniswap has gained popularity in the mainstream cryptocurrency market.
Uniswap is described as any other Decentralized Cryptocurrency Exchange, however it's very existence solves many problems facing modern Decentralized Exchanges such as bad interface, poor liquidity and many more.
All these advantages found in Uniswap is achieved through the platform's market making mechanism which is suitable for both small traders and professionals, while also providing good liquidity, prices and cheapest gas prices of all DEXs.
Nonetheless, many persons remain discouraged to move their trading activities from Centralized Exchanges to Uniswap because the platform design lacks the capability and features to enable traders build their strategy, monitor real time pool liquidity, prices and so on.
Thankfully, UniDapp based on Ethereum 's Uniswap protocol has been introduced to eliminate some of this issues.
ABOUT UNIDAPP
UniDApp is developed by experts as a competent decentralized trading medium based on Uniswap protocol with merged fully advanced features and tools only available for centralized cryptocurrency exchanges within a single DeFi ecosystem to further improve users experience.
With UniDApp, users are given access to tools like Liquidity chart, planning of sales and purchases, analytics, scheduled automatic notifications. These impressive tools will address the shortcomings of Uniswap, effectively driving users to capitalize on any opportunity available in the crypto market as well exchange their assets powered by smart contract without relying on trusted intermediaries.
Furthermore, UniDapp comes with a simplified and intuitive interface that connects to Uniswap API. Security is a main priority of the platform, thus users funds will remain protected because custody of private keys is transferred to users which guarantees full control of assets and transactions. Reliability and assets transfer and trading is assured in UniDApp infrastructure through optimized performance.
Other percuilar features of UniDapp includes :
Available dashboard to enable users monitor real-time data and price graph of choiced coins listed on Uniswap.
Up- to-date notifications on reached prices of coins which helps users to navigate the market appropriately as well apply or change their trading strategy.
Orders are triggered automatically in UniDApp 24/7 and many more.
TOKEN DETAILS AND STAKING
UDP token is the trademark utility token of UniDapp platform. UDP token enables traders to carry out transactions on UniDApp. The developers of UniDApp have implemented a strategy to help foster growth of UDP token price and liquidity. This strategy involves charging 0.25%in UDP tokens as commission from transactions while 90% of the charged amount is given as reward to UDP token owners and 10% is distributed to UniDApp fund.
In conclusion, many individuals feel uncomfortable to trade on DEXs because of several issues like poor interface, low liquidity and so on, even Uniswap is not built with proper features to persuade many people to shift their trading activities towards their platform.
However, UniDapp based on Ethereum's Uniswap Protocol will serve as the solution to tackle the latter problem coupled with providing innovative methods for users to benefit from the booming DeFi industry by easily exploring the convenience and advantages of complete centralized cryptocurrency exchange merged in a decentralized framework without any flaws.
ROADMAP TIMELINE :
For more details, Kindly use the official links below :
Website: https://unidapp.app
Twitter: https://twitter.com/UniDApp
Telegram: https://t.me/unidapp
Medium: https://medium.com/@unidapp.project
Author
BTT Username : rahat369
BTT Profile Link : https://bitcointalk.org/index.php?action=profile;u=2810449
Telegram username : @shuvenkar55
Wallet Address : 0xf15aae8fe23dc766381ba1eb92df874fcef39ebb