Showing posts with label lower ethereum transaction fee. Show all posts
Showing posts with label lower ethereum transaction fee. Show all posts

Lower Ethereum Trading and Transaction Fees On Uniswap - How To Get Lower Ethereum Gas Fee Prices When Trading....

 Lower ethereum gas uniswap transfer fees


Uniswap fees, and Ethereum fees in general are way too high, the most common complaint is how expensive it is to trade at Uniswap - it's out of control.

Unfortunately Uniswap is so popular it's leading to 24/7 high Ethereum network congestion - which means high gas fees, which is something you can do very little about.

But You Can Make Your Trade SMARTER, More Efficient - and That Lower Your Gas Fees...

This is where 1inch comes in.  It's a DEX (decentralized exchange) aggregator that draws liquidity from various exchanges and is able to split a trade between multiple exchanges. With the smart transaction technology, their aggregator allows users to optimize their trading.

Get lower ethereum gas fees on uniswap
When an aggressor shops multiple deals, the customer gets the best one.

1inch's Pathfinder, an API that includes a detection and routing algorithm, finds the best possible route for a token swap, splitting a swap across multiple exchanges or markets  on the same exchange. As a result, the exchange rate that a user receives is better than what they would have received in a single exchange.

Plus: Limit Orders on Uniswap?!

Basically, yes! 

Currently if you're day trading on Uniswap you can't afford to look away for more than a few minutes.

With 1inch limit orders you can set the price you want to buy or sell a coin at, what date you want that bid to expire, and walk away.

I Often Hear 'Can I trust 1inch? This is the first I've heard of it.'

I've noticed a surprising amount of people I mention 1inch to haven't heard of it yet - but yes it is legit, you'll find lots of the pro traders swearing by it, and their daily volume shows it - currently over $200 million USD per day!

Visit 1inch at http://1inch.exchange

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Author: Oliver Redding
Seattle Newsdesk