A step-by-step guide for beginners by Cointelegraph
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The decentralized exchange (DEX) is the most popular DEX built in blockchain. “What is Uniswap?” For users who are wondering, this article is about what it is and how it works, and how to get started with Uniswap DEX.
With Uniswap, users can exchange cryptocurrencies without having to trust a broker. Not having to trust a third party means not charging any economic rent. Instead, Uniswap relies on smart contracts to make transactions. Smart contracts are self-executing algorithms once certain pre-established conditions are met.
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