Swapping with Uniswap ripped me off

[johnarb]

what you call asymmetric information is a big clusterfuck. My wallet is Portis, allegedly it supports SHI but I am still waiting for a resolution of what happens to my swap. If I could trade outside the US I might be inclined to play with some coins that are not available in the US but as things are this is too much distraction/frustration and BS. indirectly I own GBTC, I am looking to get some COIN and that is enough for me.

PS welcome to snoop my wallet as it is not too fat and never will be.

I understand your situation. The learning curve on these things is very high, which can be argued provides a moat to prolong the opportunities

I looked into your wallet address to try to assist you, sorry I know it's invasive. I won't do so again, but your address is still on the attached OP so as you said, don't use that address for too much funds activities, create a new wallet if you'll continue with this or if you give up, it's ok too, better not to lose money on this

You can download the metamask chrome extension and input your seed phrase (12 words) and you can add the custom token on metamask

Make sure you don't have a virus on your OS or malicious extensions on your Chrome if you're going to add more funds in the future

 

[TimtheEnchanter]

Thanks a lot. I have figured out my wallet problem and the swap issue. Aside from the learning curve the wallet I have for "free" has horrendous fees but I found my lost coin and I am happy.

Received
1,142,504.3064 SHIB

13 hours ago

 

[johnarb]

Thanks a lot. I have figured out my wallet problem and the swap issue. Aside from the learning curve the wallet I have for "free" has horrendous fees but I found my lost coin and I am happy.

Received
1,142,504.3064 SHIB

13 hours ago

Glad to hear it worked out

Portis wallet does not charge fees. I've never used it but it looks like it's issued by Shapeshift, a trusted name in the cryptos

No decentralized wallet charges fees. Metamask, Bitcoin core, Electrum, Trust Wallet, etc

The fees are charged by the blockchain (Ethereum in your case) and the dex (Uniswap in your case)

Ethereum fees (gwei) charged in Eth amounts are very high in $ terms right now with Ethereum price being high (above $2K at this time) and Ethereum network congestion

Binance Smart Chain gwei are charged in bnb amounts which in $ terms are way less than a $ even more complex transactions such as a dex are still low in $ terms and Pancakeswap dex also charges very low fees in $ terms

There are other L1 (Blockchain) platforms but these 2 are the biggest for smart contract and defi ecosystem, although BSC can be argued is not decentralized

 

[Sprout]

I am confused. I think I have approved it. They took the money out. When will I see the other side of the trade!

It's in your wallet. If you are gonna do anything DeFi, best to get Metamask. Once you do, you can do as John says and the token will show up in your wallet. It's in your ether address, your wallet is just a browser to view the blockchain.

edit:
I see your problem is resolved. Keep with it, it's like getting frustrated learning to drive a car - you could give it up but it would effect your future opportunities.

 

[TimtheEnchanter]

Glad to hear it worked out

Portis wallet does not charge fees. I've never used it but it looks like it's issued by Shapeshift, a trusted name in the cryptos

No decentralized wallet charges fees. Metamask, Bitcoin core, Electrum, Trust Wallet, etc

The fees are charged by the blockchain (Ethereum in your case) and the dex (Uniswap in your case)

Ethereum fees (gwei) charged in Eth amounts are very high in $ terms right now with Ethereum price being high (above $2K at this time) and Ethereum network congestion

Binance Smart Chain gwei are charged in bnb amounts which in $ terms are way less than a $ even more complex transactions such as a dex are still low in $ terms and Pancakeswap dex also charges very low fees in $ terms

There are other L1 (Blockchain) platforms but these 2 are the biggest for smart contract and defi ecosystem, although BSC can be argued is not decentralized

I understand, it is nice to know...Fees... It is a learning process but not a clear-cut one. Portis is weird and somehow affiliated with Shapeshift(?), where it is still in beta. Apparently, it is a work in progress. I wanted to get a low-priced coin but I paid handsomely for it...it is play money. I am focusing on BITQ for true long-term crypto investing.

 

[johnarb]

I understand, it is nice to know...Fees... It is a learning process but not a clear-cut one. Portis is weird and somehow affiliated with Shapeshift(?), where it is still in beta. Apparently, it is a work in progress. I wanted to get a low-priced coin but I paid handsomely for it...it is play money. I am focusing on BITQ for true long-term crypto investing.

Nothing is clear-cut as this is a decentralized environment, p2p, and all. There are no 800 support numbers or emails for the Ethereum blockchain or any blockchain

Best option for help is to go to the communities such as Reddit or Twitter

Pretty much in the same way you get support of other open-source software like Linux

I don't know much about Portis but I just saw on the google search that it's associated with Shapeshift

Regarding very high fees on the Ethereum blockchain, it is better to trade on a centralized exchange such as binance.com, Kucoin.com , Huobi.com or Kraken.com but I understand if it's not available to you as a US resident

The other option is a decentralized exchange on a low-fee blockchain such as Binance Smart Chain using Pancakeswap, but that comes with even much higher difficulties than you experienced so far and more pitfalls for mistakes. I would not recommend it for you

 

[DiceAreCast]

Get this and get that, swap this and swap that, be careful about this and about that. Pay this fee and that fee.

PAL this shit sounds awfully complex given the premise was that it will make everything faster, easier, and cheaper.

It's in your wallet. If you are gonna do anything DeFi, best to get Metamask. Once you do, you can do as John says and the token will show up in your wallet. It's in your ether address, your wallet is just a browser to view the blockchain.

View attachment 259405

edit:
I see your problem is resolved. Keep with it, it's like getting frustrated learning to drive a car - you could give it up but it would effect your future opportunities.

 

[Sprout]

Get this and get that, swap this and swap that, be careful about this and about that. Pay this fee and that fee.

PAL this shit sounds awfully complex given the premise was that it will make everything faster, easier, and cheaper.

yeah, not for everyone

yearn.finance would probably blow your cork

 

[DiceAreCast]

Yeah, except I don't have any issue working through brownian bridges, derive PDEs, and perform change of measures on complex derivatives. It's more like I don't have any inclination to expose myself to bullshit that self defeats every promise it once held. Cheaper, faster, easier. Lol

yeah, not for everyone

yearn.finance would probably blow your cork

 

[Sprout]

Yeah, except I don't have any issue working through brownian bridges, derive PDEs, and perform change of measures on complex derivatives. It's more like I don't have any inclination to expose myself to bullshit that self defeats every promise it once held. Cheaper, faster, easier. Lol

Map is not the territory but whatever. Have fun with your models, maybe someday you'll update the mental base layer OS.

Modeling meme propagation through social media is the new terrain.