Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Divs Vs Uniswap Which is Better

We decide to make this “Divs vs Uniswap“ comparison, due to the fact that they are similar in terms of functioning.

We have seen the Potential in the Divs.io Project where you are not only buying and selling for profits. But you will be earning every week by staking your Divs Tokens and receiving your earnings in TRX “Amazing”.

Divs.io is an Exchange just as Uniswap, and the primary difference between Divs.io and Uniswap are:

  • Uniswap is built on Ethereum Blockchain while
  • Divs.io is Built on Tron Blockchain

In this Divs Vs Uniswap review you are going to discover the significant difference between Divs and Uniswap.

What is Divs.io

Divs.io is a Cryptocurrency exchange built under Tron Blockchain, that rewards you with Tron weekly for using and staking their token DIVS.

Stakers are rewarded .5% of all exchange volume every week, and Divs token has a total supply of 10million maximum supply with massive upside.

Divs, The first exchange to reward users with the exchange fees. They have changed the old concept of the exchange rewarding users to personally exchange large amounts of cryptocurrency only to discount future trades.

Instead, they tally up the majority exchange fees equivalent to .5% of the total exchange volume and distribute it to the DIVS tokens holders who stake.

This allows users to buy DIVS tokens and earn exchange fees as weekly rewards in Tron. Staking enough Divs tokens could earn you even more in rewards than you are paying in exchange fees, making exchanges virtually free and then some!

What is Uniswap

Uniswap is a set of computer programs that run on the Ethereum blockchain and allow for decentralized token swaps. It works with the help of unicorns (as illustrated by their logo).

Traders can exchange Ethereum tokens on Uniswap without having to trust anyone with their funds

Uniswap provides a one-stop-shop for exchanging any ERC token in a few clicks without having to worry about KYC, custody, or phishing.

By leveraging smart contracts, Uniswap is able to offer autonomous on-chain transactions at marginal costs.

How does Divs.io Work?

Providing a Cryptocurrency Exchange Service with anonymity and zero transaction limits. Choose from over 200+ of your favorite coins/tokens to exchange from, with 3 easy steps and finished in as little as 5-30 minutes.

Divs.io makes Exchanging Crypto easy by searching for the best rate across major exchanges and without you needing to creating an account or log in.

Become a DIVS token holder and receive your share of the Tron rewards, .5% of the total exchange volume gets distributed every week to the DIVS token holders who stake.

How does Uniswap Works?

Uniswap removes the concept of order books in favor of an automated market maker. Rather than specifying price what price to buy or sell at, users merely select an input and output token while Uniswap provides a market rate.

Simply connect a web 3 wallet like Metamask, select the asset you want to trade (ETH), the asset you wish to receive (DAI), and boom! Uniswap automatically processes the transaction and updates your wallet balance.

Divs Vs Uniswap Which is Better.

Divs.io has come to change the old way of Defi Exchange by introducing Divs token Earn rewards by staking your divs tokens and a portion from all the trading happening on the exchange 0.5 of all the trades happening reward Divs token holders who stake, in the form of TRX.

Where’as,

Compared to other DEX competitors, Uniswap has a number of advantages for small-traders. Specifically, Uniswap has no listing fees, requires no native tokens, and some of the cheapest gas costs of any DEX.

The project is open-source on GitHub and inherently permissionless, meaning that any individual can create any ERC market so long as they have an equal amount of ETH to back it.

In essence, this allows new projects to create a base price for their token with added skin in the game. Uniswap is currently one of the most active DEXs and has quickly become the defacto exchange for DeFi tokens to be traded.

While Uniswap is able to list only ERC based token, Divs was built to accepts several assets, even those not on Tron Blockchain. Because Divs integration services can provide other crypto projects and websites with the same exchange service directly integrated into their sites, even with their own look, feel, and coins.

Thus providing project owners with an onramp, driving users with other coins/tokens into their ecosystems with ease. Project owners can then buy DIVS tokens, stake, and generate weekly Tron rewards for their own team or community.

These integrations can give projects a consistent stream of Tron rewards while strengthening the Divs ecosystem by providing more exchange volume and more Tron rewards.

Uniswap Features

  • Anonymous: To use Uniswap, you do not have to perform KYC. Instead, trading is done directly from your wallet, so the only identification involved is your public wallet address.
  • Security: Since Uniswap is non-custodial, it is as safe as the Ethereum blockchain itself, meaning the protocol does not carry funds. Several teams, including those who checked the MakerDAO contracts, have audited Uniswap’s smart contracts.
  • New Tokens: Anyone can create and pair an ERC20 token with ETH to create liquidity for the new pool. This means Uniswap gives you instant trading access to new tokens than anywhere else.
  • Low fees: A nominal 0.3 % charge per trade is all it costs to use Uniswap. However, centralized exchanges tend to charge 0.5 % or more per trade.
  • Trustless: Unlike centralized exchanges, when you trade using Uniswap, you keep your private keys. You are the custodian of your tokens and directly exchange them with the liquidity pools.

Uniswap Fees and Limits

Uniswap Exchange only charges a flat fee of 0.30% per trade. This is much cheaper than most decentralized exchanges. These are added to the liquidity pool by default, but liquidity providers are free to redeem them at any time. The fees are allocated according to the pool‘s share of each liquidity provider.

Divs Features

  • Low Fees from 1%, with no sign-up or registration needed.
  • Using a trusted 3rd party API for processing exchanges.
  • Exchanging is easy and completed in as little as 5-30mins.
  • .Over 200 of your favorite coins/tokens to exchange from
  • Become a token holder and receive weekly rewards in Tron.

Final Verdict

Divs Vs Uniswap in a world where hurdles and barriers to entry continue to limit adoption, Divs and Uniswap provide a much-needed DEX experience that traders have long been searching for.

With that being said, it should be emphasized that only Ethereum-based assets are currently supported in Uniswap, whereas Divs is able to support non-Tron based assets, and that makes it magnificent.

While it is possible to wrap cryptocurrencies like Bitcoin (WBTC) and trade them via Uniswap, at this point in time other protocols are not supported via Uniswap markets.

If one thing is for certain, the fact that Uniswap was able to build such an intuitive product with $100k seriously challenges the notions of how much funding is necessary to build a truly killer application. That’s what Divs is trying to do.



This post first appeared on Cryptocurrency And Forex News, please read the originial post: here

Share the post

Divs Vs Uniswap Which is Better

×

Subscribe to Cryptocurrency And Forex News

Get updates delivered right to your inbox!

Thank you for your subscription

×