What is Uniswap? π¦
Uniswap is the biggest decentralized exchange or βDEXβ on the Ethereum blockchain, allowing users to trustlessly swap and exchange Ethereum and Ethereum ERC-20 tokens.
Does Uniswap support Binance Chain’s BEP-20 tokens? π€
No. Since the BEP-20 token standard is only exclusive to the BNB chain (previously known as Binance Smart Chain) and the fact that Uniswap isn’t deployed on the BNB chain, you can’t trade BEP-20 tokens using Uniswap.
Uniswap alternative for trading BEP-20 tokens β¨
If you really want to trade BEP-20 tokens, you can use Pancakeswap β the BNB chain’s biggest and most used decentralized exchange or “DEX”.
Fortunately, if you know how to use the Uniswap DEX, using Pancakeswap is very similar. You simply pick the tokens you want to trade, click the Swap button, then confirm the transaction!