Why are Uniswap fees so expensive?

The complexity of a transaction plays a crucial role in determining its cost. More intricate transactions, which involve multiple steps or require higher processing power, naturally consume more resources and hence, incur higher fees.

Uniswap, being a decentralized exchange protocol, facilitates peer-to-peer trading of tokens without intermediaries. While this feature offers numerous advantages, it also makes Uniswap transactions inherently more complex than sending simple Ethereum transactions.

The added complexity of Uniswap transactions stems from the intricate algorithms and smart contract interactions required to execute trades securely and efficiently. These operations consume more resources and thus, result in higher transaction fees.

The process of conducting transactions on blockchain networks involves various resource utilization, such as data storage within the blockchain itself, utilization of network bandwidth, and computational power from CPUs. These resources are essential for the smooth functioning of the decentralized ecosystem.

Among the top cryptocurrency exchanges, BTCC stands out for its comprehensive suite of services. BTCC offers users a wide range of options, including spot trading, futures trading, and secure wallet solutions. These services cater to the diverse needs of traders and investors alike.