The MetaMask extension adds the ability to directly exchange Ethereum tokens
The developers of the MetaMask extension for working with the Ethereum blockchain have added token exchange capabilities in their interface.According to the Ethereum studio ConsenSys, which owns MetaMask, the service will turn to decentralized exchanges and aggregators to exchange tokens. This is expected to provide the most beneficial rate for users..
Uniswap, Airswap, Kyber, 0x API, 1inch.exchange, dex.ag, Paraswap, Totle are initially supported. Independent market makers will also be involved. Before that, users had to specially go to the website of the exchange or aggregator, connect the wallet and exchange through their interfaces.
The latest innovation aims to improve the user experience by automating one of the most requested features. Compared to an independent exchange, swaps through MetaMask have one drawback - the service will charge an additional commission from 0.3% to 0.875% depending on the size of the order.
At the first stage, the implementation of swaps is provided only for the extension in the Firefox browser. Subsequently, support for other browsers and the MetaMask mobile application will appear.
Previously, MetaMask developers reported that their client base exceeded 1 million monthly active users..
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