Is Uniswap a Company a real or a fake? Why this coin has more scamming potential in future? Learn more

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In today's blog, we will read about how uniswap (DEX) works and why scammers are more interested in this digital currency. Along with it, you will read here all the company information, who founded it and other important details.
This uni swap company develops a decentralized exchange protocol that allows users to swap, earn, and create a decentralized cryptocurrency trading mining pool.

When was the Uniswap protocol founded?




In the year 2017, the Uniswap company was founded which is based in Brooklyn New York. This is not a company but a protocol supported by the ETH Ethereum Foundation. 
You can think of it as one of the largest decentralized exchanges having total value locked. It has a bright future and One UNI coin can reach upto $8.69 by the end of 2023.
In the current market crypto price statistics one UNI coin equals $3.97 USD. 
And when people ask whether this uniswap is under Ethereum, we can say yes it is hosted on the ETH platform.

Does Uniswap make money online?

Yes, it earns by charging fees to its users along with it one of the best features is that you can switch on to the govt model fees also. When you use version 3.0 as an improvement of v2  which includes removing scam tokens on it.
When you try to invest there are always risks for example in insurance also. So in the crypto world, you are required to know the risk of impermanent loss.

Can it reach to $1000?

Yes if you can hold it for ten years or more, it can even hit the $1,000.
Exchange app when you can buy this uni swap coin comprises of Binance.
For using it, you may not also required for KYC.
Yes, this is all about this coin and now let us look at how scammers can scam you in this uni coin. As per the Hongkong Kowloon reports, scammers from unknown locations using United kingdom phone numbers stealing money online via smart contracts defi mining uni swap uni coins liquidity mining. This scam went fast and still occurring in most countries including India, the USA, the UK, CHIna nd even Japan.
Yes, it can happen to you also, so beware of such scams or pig butchering romance scams, where you will be made happy for some moments and when you put the money on the exchange app on the defimine.net, your money is gone. 


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