Uniswap review
FlixoCrypt rating
Key facts
| Type | DEX (Exchanges (DEX)) |
|---|---|
| Trading fees | Maker n/a · Taker 0.05%–1% pool fee + gas |
| Withdrawal | n/a (self-custody) |
| Free to use | Yes |
| KYC required | No |
| Regulated | No / limited |
| Supported assets | 9,000+ |
| Country availability | Global (non-custodial) |
| Restricted regions | Some tokens geofenced in the app UI |
| Available in India | Yes |
| Affiliate commission | CPA · None (protocol) |
| FlixoCrypt rating | 4.4 / 5 |
| Best for | DeFi users who want non-custodial swaps from their own wallet |
| Last verified | 2026-06-29 |
Overview
Uniswap is the leading decentralised exchange (DEX), enabling non-custodial token swaps directly from a self-custody wallet via automated market-maker pools on Ethereum and major L2s. There is no KYC and you retain custody, but you pay pool fees plus network gas and bear smart-contract and token-scam risk. It offers access to thousands of tokens and is a cornerstone of DeFi.
Availability
Uniswap is available in: Global (non-custodial). Restricted or excluded: Some tokens geofenced in the app UI. Always confirm availability for your country on the official site, as regional support changes. India: Indian residents face 30% tax on crypto gains and 1% TDS on transactions above ₹50,000 per the Finance Act 2022.
Pros
- Non-custodial, no KYC, you hold keys
- Deep liquidity on Ethereum and L2s
- Access to thousands of tokens
Cons
- Gas fees on Ethereum mainnet
- Exposure to scam/low-quality tokens
- Not beginner-friendly
Who it is for
- Best for: DeFi users who want non-custodial swaps from their own wallet.
- Avoid if: You want fiat on-ramps, support or beginner hand-holding.
Verdict
The benchmark DEX for non-custodial swaps; gas and token risk are the trade-offs.
Related
Uniswap FAQ
What is Uniswap? +
Uniswap is the leading decentralised exchange (DEX), enabling non-custodial token swaps directly from a self-custody wallet via automated market-maker pools on Ethereum and major L2s. There is no KYC and you retain custody, but you pay pool fees plus network gas and bear smart-contract and token-scam risk. It offers access to thousands of tokens and is a cornerstone of DeFi.
Is Uniswap safe? +
Uniswap is lightly regulated or non-custodial. Protocol secure; risks are smart-contract, token-scam and gas-fee related, not custodial. As with any platform, use strong security and only hold what you need on it.
Does Uniswap require KYC? +
No — KYC is not required (non-custodial or minimal verification), which shifts custody and compliance responsibility to you.
What are Uniswap's fees? +
Uniswap fees: maker n/a, taker 0.05%–1% pool fee + gas; withdrawals: n/a (self-custody). Always confirm current fees on the official site, as crypto fees change often.
Is Uniswap available in India? +
Yes. Indian residents face 30% tax on crypto gains and 1% TDS on transactions above ₹50,000 per the Finance Act 2022.
What is Uniswap best for? +
DeFi users who want non-custodial swaps from their own wallet.
When should you avoid Uniswap? +
Avoid Uniswap if: You want fiat on-ramps, support or beginner hand-holding.
What are the main pros and cons of Uniswap? +
Pros: Non-custodial, no KYC, you hold keys; Deep liquidity on Ethereum and L2s; Access to thousands of tokens. Cons: Gas fees on Ethereum mainnet; Exposure to scam/low-quality tokens; Not beginner-friendly.
Is Uniswap regulated? +
No / limited. Decentralised protocol
When was this Uniswap review last verified? +
This review was last verified on 2026-06-29 against the official site.
Reviewed by Arjun Mehta
Crypto analyst; 8+ years covering exchanges, wallets and DeFi
Last verified:
Sources
- Uniswap — official site — verified