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It's an exchange developed on Ethereum platform. Basically what FTX is but without a central authority. You may wonder why people don't use Uniswap instead of F
by themihai 4y ago
It's an exchange developed on Ethereum platform. Basically what FTX is but without a central authority. You may wonder why people don't use Uniswap instead of FTX, Binance etc. The answer is the same reason crypto payments failed: high transaction fees.
- zeroclip 4y agoPeople do use Uniswap. It handles similar volume per day as Coinbase. Transaction fees are one reason. Speed and account UX is another. L2 development is on track to solve some of these problems.