UNI/USDT is a trading pair on FameEX, which allows users to trade Uniswap's native token UNI against Tether's stablecoin USDT. Trading UNI/USDT involves buying or selling UNI tokens in exchange for USDT, with the goal of making a profit from the fluctuations in the price of UNI.
Uniswap is a decentralized exchange (DEX) built on the Ethereum blockchain. It allows users to trade cryptocurrencies without intermediaries, using an automated market maker (AMM) system. Uniswap's native token, UNI, is used for governance and incentivizing liquidity providers on the platform.
To buy UNI/USDT, you will need to have an account on a cryptocurrency exchange that offers this trading pair. Some popular exchanges that offer UNI/USDT trading include FameEX, Binance, and Coinbase. Once you have an account, you can fund it with USDT or another cryptocurrency, such as Bitcoin or Ethereum, and then use those funds to buy UNI/USDT.
To sell UNI/USDT, you can use the same process in reverse. Simply go to the exchange where you hold your UNI/USDT, and sell your UNI for USDT. You can then withdraw your USDT to your wallet or bank account.
Note: It is important to do your own research and carefully consider the risks associated with any investment strategy before investing your funds.