Decentralized exchanges are becoming popular by the day due to their convenience, speed, and decentralized/non-custodial nature. It is no doubt that in the near future, decentralized exchanges will completely replace the centralized exchanges like Binance and the rest.

Today I'm going to show you step by step just how easy it is to uniswap. You're going to need an eth browser compatible wallet, like metamask, dapper wallet or coinbase wallet. You can also use ledger and trezor hardware wallets

Step 1

Head to https://app.uniswap.org/#/swap

Step 2

Click on "Connect a wallet" to connect your wallet

Step 3

After you connect with your wallet now you need to select which coins you wish to swap between.

You can choose from a wide range of options but for this tutorial, we will attempt to buy some ETH with DAI.

Step 4

You will first need to approve the exchange to spend money from your wallet, this will cost some gas so make sure to do swaps when gas fees are low.

Once it's been approved to spend you can now click the swap button, to exchange your coins. You don't need to specify the receiving address as it will swap the coins back to the wallet it came from. But if you want to send it to another address just use the "add recipient " button.

it's going to ask you to confirm the swap, once you click "confirm swap" it's going to send a notification to your connected wallet, so you can confirm the transaction.

And voila! Your coins have been swapped. You can view your recent transactions by clicking on your wallet address on the top right corner of the screen and it will show you a brief history that looks like this:

It's so easy, no sign-up, no KYC, no risk of sending to the wrong address, just easy swapping all day long.

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