MetaMask is the leading non-custodial wallet, meaning you’re always in control of your assets. Just announced the new feature of swapping tokens directly inside the MetaMask mobile ANDROID app, which might soon be launched for IOS as well.
Starting today, MetaMask mobile users can now swap tokens inside their wallet, with a single swipe, using the Swaps feature. Previously this feature was only available on the browser extension application of MetaMask. But today just few minutes ago of writing this article they announced it officially on their twitter handle –> @MetaMask <– as show below in the picture. Along with the official tweet they shared the link of the announcement on their official blog. Click here to read.
Swipe and Swap on the go. 🚶🦊📲
With MetaMask Mobile V2, users swap tokens inside their wallet, all with a single swipe!
Currently rolling out to Android users. 🎉https://t.co/kJApvmN76L
— MetaMask (@MetaMask) March 17, 2021
Below are some of the features as announced by MetaMask :
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.
Delightful and easy to use :
Swap tokens directly from your MetaMask Mobile wallet in a single swipe.
So what are you waiting for, 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!
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