How to Use forbitspace The DEX Super Aggregator on Ethereum.

forbitspace
forbitspace
Published in
4 min readNov 15, 2021

Decentralized Exchange (DEX) Aggregator
A Decentralized Exchange (DEX) aggregator is a system that makes use of a DEX to give traders the ability to buy, sell, and trade different tokens and coins from numerous exchanges via a single streamlined interface. forbitspace protocol is an example of a DEX aggregator that is designed to find users the best asset price from DEX protocols like Uniswap, Balancer, SushiSwap, Bancor, KyberSwap, and others — all in one place. This type of specialized automated market maker (AMM) system gives users more options and a better overall user experience when using a DEX.

forbitspace DEX aggregator employs smart order routing algorithms to source liquidity from different DEXs and thus offer users better token swap rates than they could get on any single DEX. forbitspace aggregator has the ability to optimize slippage, swap fees, and minimize slippage on large orders for users and offers traders the best price possible in the shortest possible time.

Decentralized exchanges (DEX) solved the middleman issue and helped traders swap cryptocurrencies quickly and with minimal fees. However, problems like liquidity persisted, One of the most groundbreaking developments in the decentralized finance landscape today is the steady rise of Automated Market Makers (AMMs). But with so many AMMs, the need for aggregators like forbitspace protocol has become essential.

How to Use forbitspace The DEX Super Aggregator.

1. Connect Your Wallet

To make trades on forbitspace, you’ll need to start by connecting your wallet.

Select “Connect Wallet” in the top right-hand corner. forbitspace supports MetaMask, WalletConnect, Coinbase Wallet, and Bitski Wallet.

2. Choose Your Token Swaps

Select the tokens you want to swap. For this guide, we’ll swap UNI for ETH

or ETH to UNI.

You can find the pool you need to make the trade by searching for either token in the search bar or selecting “Select token” and clicking on your token of choice.

3. Select Tokens and Enter Space Trade

Select the tokens under “You Pay” and “You Receive,” ensuring that the pay and receive tokens are selected in the right order. forbitspace dashboard presents a chart showing the ratio between the two assets. Once selected, enter the amount.

For this trade, we’ll exchange 999 ETH for the equivalent value of UNI.

4. Review Order

When the amount “You Pay” is entered, a quote for the amount “You Receive” will appear — select “Review Order” to proceed.

5. Confirm the Contract Interaction in Your Wallet

The contract interaction must then be confirmed in MetaMask or your wallet of choice. It requires a gas fee to interact with forbitspace.

6. Confirm the Trade

Finally, the trade must be confirmed in your wallet.

The growing DeFi landscape, DEX liquidity has become more fragmented than ever, making it more complex for DeFi users to find the best price for a given trade.
While decentralized finance can feel daunting for many people, more so when trying to ensure that you’re getting the best deal possible, forbitspace The DEX Super Aggregator makes the process easy. Thanks to its integration of the leading decentralized exchanges on one simple interface, finding the best trading price on Ethereum is now possible with only a few clicks

forbitspace is an interoperability aggregator protocol that unites decentralized applications across disparate blockchains. allows crypto traders to tap deep liquidity and receive better pricing one single interface.

forbitspace uses an algorithm spaceflight smart order routing that split a single transaction into multiple orders across various DEX’s, also route orders through allows crypto traders to tap deep liquidity and receive better pricing low cost & efficient the most liquidity.

Website|Docs|Twitter|Telegram|Discord|Tutorial|Reddit|Facebook |Github

--

--

forbitspace
forbitspace

forbitspace is an interoperability aggregator protocol that unites decentralized applications across disparate blockchains.