Are there any fees associated with using Uniswap?

1 answers

• Dec 18, 2021 · 3 years ago
  Yes, there are fees associated with using Uniswap. As a decentralized exchange, Uniswap relies on liquidity providers to facilitate trades. In order to incentivize these providers, Uniswap charges a fee on each trade. The fee is calculated based on a percentage of the trade amount and is paid in the form of the platform's native token, UNI. It's important to note that the fee is deducted automatically from the trade amount, so you don't need to worry about paying it separately. The exact fee percentage may vary depending on the liquidity pool you're trading in, so make sure to check the details before making a trade on Uniswap.
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