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ERC20 Swaps on Uniswap: Myths, Mechanisms, and what US traders should really know

Posted on December 7, 2025 by adm8f6t7u

Misconception first: many traders treat a “swap” on Uniswap as if it’s the same kind of order you place on a centralized exchange — click, done, and you own a new token at a displayed price. The reality is more mechanical and more interesting. An ERC20 swap on Uniswap is the visible tip of a […]

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