UNISWAP is an automated market maker type exchange that leverages liquidity pool to facilitate transactions on it’s platform. An automated market maker exchange is particularly different from an order-based exchange in the sense that buyers and sellers do not wait for their orders to be fulfilled, instead, it is like a silo from where these tokens can be withdrawn.
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Tags: $usdt, $dai, $eth, $uni, uniswap, curve finance, serum, raydium, bitcoin, Tether, digital currency, crypto, defi, blockchain, decentralized exchange, dex
