The Wait is Over: Swap Now Available in MEW Wallet App for iOS
Grab your iPhone and get ready to do some swapping, MEWfam — the decentralized swap integration that finds the best rate for you is finally here on MEW wallet app for iOS!
Swapping ETH for tokens is one of the easiest ways to diversify your crypto investments. Some tokens are issued by new projects as a way of building community and rewarding users, while others play an essential role in the decentralized finance ecosystem that has seen such tremendous growth in recent weeks. So, the truth is, if you want to stay on top of the latest opportunities in crypto, you have to get comfortable with swapping — and MEW is here to help you do just that.
The best value on every swap
With Swap right in your MEW wallet app, quick trades are more convenient than ever. Even more importantly, we want to make sok,ure that you are always getting the best possible value.
In addition to the DEX.AG aggregator, which reviews prices across multiple decentralized exchanges and shows you the best rate, this release introduces two all-new features that will help safeguard you from unexpected network fees, failed transactions, and bad trades.
Multi-transaction gas estimation
On the Ethereum blockchain, every transaction requires gas, and the execution of smart contracts, like the ones that handle token swaps, takes multiple consecutive transactions to complete. The problem is, it’s tricky to estimate gas for additional transactions. When estimations are too low, transactions can fail or run out of gas. The alternative — to use excessively high limits just in case — can look alarming, even though extra gas does get refunded to the sender.
MEW’s improved multi-transaction gas estimation method is designed to ensure that your swaps go through without running out of gas or failing, while showing you a much more accurate total fee for all the transactions upfront, for more confidence and peace of mind.
Market movement alerts
Sometimes, even though a swap is available on a DEX, the conditions of the market are not optimal and due to a low liquidity of the asset, your rate could end up being very different than you expect. If this turns out to be the case for a swap that you are considering, you will see an alert on the Verify screen in MEW wallet app.
Although it’s best to be familiar with the asset you are trading and to be aware of how many tokens you should be getting for a specific amount of ETH, when you are in a rush or exploring tokens that you haven’t swapped before, you can rely on MEW to alert you when you are not getting a good deal.
For more info about Swap in your MEW wallet app, see our Help Center guide and the Zero to Crypto Swap article on MEWtopia.
We are always looking forward to your feedback! Send us your thoughts and suggestions on Twitter, Reddit, support@myetherwallet.com, as well as AppStore and Google Play reviews.
Happy Swapping!
Your MEWteam
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