The Most Trusted Way to Access, Store and Swap Tokens Just Went Mobile
Starting today, MetaMask Mobile users can now swap tokens inside their wallet, with a single swipe, using the Swaps feature. MetaMask Swaps is the most convenient source of information for getting the best price and lowest network fees by combining data from automated market makers, professional market makers, request for quotes (RFQs), and individual decentralized exchanges (DEXs). MetaMask is the leading non-custodial wallet, meaning you’re always in control of your assets.
Unlike other crypto wallets out there, MetaMask is built to be privacy-first. We empower you to access, store and swap tokens, without having to worry about dApps or exchanges accessing more personal data than you’ve consented to give. Whether you’re interacting with decentralized finance applications, or surfing Web 3.0 sites, with MetaMask, you are always in complete control of your assets and data.
We’re excited to bring the ability to participate in decentralized finance to millions of people around the world, particularly those for whom mobile is their primary, or only internet-connected device.
- Find the best price every time. Swaps ensures that every MetaMask Mobile user always has access to the most information before making a swap. Instead of searching for the best prices between DEXs, MetaMask aggregates this information in a user-friendly interface so that users have access to the greatest liquidity, the largest selection of tokens, and the most competitive prices. A service fee of 0.875% is automatically factored into each quote, which supports ongoing development to make MetaMask even better.
- Fewer approvals. With Swaps, mobile users only need to approve each token once to gain access to all the available liquidity on DeFi, reducing gas costs and shortening the path to executing their token swap.
- Reduced gas costs. We pursue a different path to locate the best trade. Each route requires a varying amount of gas fees to execute the transaction. Swaps sources the best prices and determines which liquidity source is the most gas efficient for every trade.
- Slippage protection. Large swaps are often subject to wild price swings when there is insufficient liquidity available on a particular DEX. When swapping on MetaMask Mobile, orders are spread across virtually all DEXs, AMMs, and RFQs to reduce slippage impact on the final price.
- Swap anywhere, anytime. Available on desktop and mobile, for all iOS and Android users.
- Delightful and easy to use. Swap tokens directly from your MetaMask Mobile wallet in a single swipe.
Get started in three easy steps
- Download MetaMask Mobile
- Login to your MetaMask account
- Tap the new ‘Swap’ button to browse tokens, select quotes, and start exchanging!
Originally published at https://consensys.net.