Cryptocurrency Q&A
Does Uniswap have no gas fee?
Does Uniswap have no gas fee?
JejuSunshineSoulMate
Wed Sep 04 2024
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6 answers
1034
Excuse me, but I'm a bit confused about Uniswap's gas fees. I've heard some people say that Uniswap doesn't have any gas fees, but I'm not sure if that's accurate. Could you please clarify for me if Uniswap truly has no gas fees, or if there's some misunderstanding here? As a professional in the cryptocurrency and finance field, I'd appreciate your insights on this matter.
6 answers
Dario
Fri Sep 06 2024
However, if the market does not reach the designated price within the timeframe set by the trader, the order will expire.
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TaegeukChampionCourage
Fri Sep 06 2024
Importantly, traders are not charged any costs for expired orders on UniswapX. This eliminates the risk of financial loss due to unfulfilled trades.
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Nicola
Fri Sep 06 2024
The cryptocurrency market is highly volatile, and traders often need to set specific prices for their trades to execute. With UniswapX, traders can designate a target price for their swaps.
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Martino
Fri Sep 06 2024
While orders execute automatically at the designated price, traders still have control over their trades. If they need to cancel a Limit Order, they can do so, but they will need to pay gas fees for the cancellation.
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GwanghwamunPride
Fri Sep 06 2024
In addition to offering this convenient trading feature, UniswapX also partners with reputable cryptocurrency exchanges like BTCC. BTCC is a top-tier exchange that offers a wide range of services to traders, including spot and futures trading, as well as secure wallet storage.
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