So far you’ve set up your MetaMask wallet, purchased some Ethereum and now you’re ready to make your first trade on Uniswap! Uniswap is a decentralized exchange (DEX) and you can swap any digital asset for another with the push of a button.
When you make a trade on Uniswap, you are trading directly from the safety of your MetaMask wallet.
- Open your MetaMask mobile wallet.
- Click the menu button on the top left of the application.
- Click browser in the slide out menu.
- Click the blue ➕ icon to create a new tab.
- In the search bar type app.uniswap.org.
- Click the pink “Select a token” drop down.
- Search for the token that you would like to buy, or copy paste the token contract code from a website like Coin Gecko or Coin Market Cap.
- In this example; we’ll be buying AAVE.
- First we’ll visit Coin Gecko. In the search bar at the top right of the website, search for AAVE.
- Select AAVE in the drop down.
- Under AAVE you will see a “Contract.” To copy the contract code press the paper icon.
- Looking for more information on how to use Coin Gecko with Uniswap?
- Now let’s go back to Uniswap and paste the contract code into the “TO” field.
- You’ll see “AAVE” appear. Click the pink import button to save AAVE so you do not have to copy paste the AAVE contract code again.
- Read the Uniswap warning and then click “I understand” and then the pink import button to continue.
- Select the amount of ETH you want to convert to AAVE.
- Press the pink swap button, the pink confirm swap button, and lastly the blue confirm button to complete the swap.
Congratulations, you just completed your first Uniswap token swap!
Custom Gas Fees
In some cases you may need to increase your “gas” fee so that your transaction goes through faster.