NIL FAQ
  • ⚡Update on NIL
  • Welcome to NIL
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  • NIL Contract
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    • Upgrade to Uniswap v3
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    • Pre-Sale Time Locks
  • How to Buy / Sell NIL
    • Buying NIL
    • Coinbase Wallet
    • NIL Charts & Info
    • How to setup ERC20 Wallet
    • How to Buy on Uniswap
    • Swapping WETH / NIL
    • How to Sell NIL
  • NIL Coin
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    • What happens on Buy/Sell/Transfer
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  • Buying on Uniswap
  • How Uniswap Works
  1. How to Buy / Sell NIL

How to Buy on Uniswap

NIL is an ERC20 Token and can be purchased on the Uniswap decentralized exchange.

PreviousHow to setup ERC20 WalletNextSwapping WETH / NIL

Last updated 3 years ago

Buying on Uniswap

Uniswap is a decentralized exchange that allows for users to swap one token for another. This is a popular way to buy tokens. The first step is to setup a ERC20 Wallet (like Metamask) and deposit tokens (WETH etc) into your ERC20 Wallet. Once you have tokens available in your wallet, you can connect to Uniswap and swap WETH for NIL Tokens.

How Uniswap Works

Uniswap allows anyone the ability to exchange one Ethereum token for another Ethereum token. This is powerful because it not only determines the value of each unique token but allows people to buy and sell their tokens easily with no middleman.

Without getting into the technical side and differences, it works very much like any exchange. You own one asset and want to trade it for another asset. So for example you can swap WETH for NIL.

NIL ensures there is liquidity in the market to allow for people to buy and sell NIL on Uniswap.