Cryptocurrencies

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How to trade UNI coins to others? Graphic tutorial on selling UNI coins

To trade UNI coins, connect your wallet to Uniswap, specify UNI as the token to sell, input the receiver's address, enter the number of coins, approve the transaction, and complete the swap after reviewing the exchange rate.

Oct 13, 2024 at 03:06 pm

How to Trade UNI Coins to Others: A Step-by-Step Graphical Tutorial

Step 1: Create an Account on Uniswap

Visit Uniswap's website (https://uniswap.org/).
Click "Get Started" and create an account using your email address or Web3 wallet.

Step 2: Connect Your Wallet

Connect your Web3 wallet (e.g., MetaMask, Coinbase Wallet) to Uniswap.
Click "Connect Wallet" and follow the on-screen instructions.

Step 3: Select UNI and the Receiver's Address

On the Uniswap homepage, select "Swap" from the top menu.
In the "From" field, enter UNI as the token you wish to sell.
In the "To" field, paste the receiver's ETH/ERC-20 wallet address.

Step 4: Enter the Amount

Enter the number of UNI coins you want to sell in the "Amount" field.

Step 5: Calculate the Exchange Rate

Uniswap will automatically calculate the exchange rate based on the current market price.
Review the exchange rate and confirm if it is acceptable.

Step 6: Approve the Transaction

Click "Swap" to approve the transaction.
Your Web3 wallet will pop up, prompting you to confirm the transaction.
Follow the on-screen instructions to confirm.

Step 7: Complete the Trade

Wait for the transaction to complete.
Once the transaction is complete, the UNI coins will be transferred from your wallet to the receiver's wallet.

Note:

Gas fees may apply during the transaction, and they vary depending on network congestion.
Make sure you have enough ETH/ERC-20 tokens in your wallet to cover the gas fees.
Check and confirm the receiver's wallet address carefully before initiating the transaction.

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