As a decentralized trading platform based on Ethereum, Uniswap supports the swap of ETH and ERC-20 tokens. This AMM-based platform also allows users to add any ERC-20 trading pairs and earn rewards by providing liquidity.
How to use Uniswap to Swap Tokens?
1. Open your Ethereum wallet and click “Browser” at the bottom. After that, enter “Uniswap” in the search bar to launch the DApp.
Note: The search results will show multiple versions of Uniswap. Please choose one based on your needs.
2. Click “Connect Wallet” to authorize Uniswap’s access to your wallet address. Then, your wallet can be connected to the DApp.
3. Choose the token you want to swap and enter the amount. Then, click “Swap” - “Confirm Swap” and enter your password. This is how to swap tokens through the DApp. Here is an example of swapping ETH for USDT.
Note: you need to approve the token allowance if it’s your first time to swap ERC-20 tokens.
4. After the swap is complete, USDT will be shown on the “Wallet” page of your Ethereum wallet.
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Risk Warning: The content of this article does not constitute any form of investment advice or recommendation. imToken does not make any guarantees and promises for the third-party services and products mentioned in this article, nor assume any responsibility. Token investment has risks. You should carefully evaluate these investment risks and consult with relevant professionals to make your own decisions.