How to Swap Tokens on MetaMask Chrome Extension?

Comments · 338 Views

MetaMask is a browser extension that allows users to access decentralized applications (dApps) on the Ethereum blockchain. It acts as a digital wallet, enabling users to store, manage, and interact with their Ethereum-based assets, including Ether (ETH) and ERC-20 tokens.

If you are looking for the best and cheapest way to swap your Ethereum-based crypto coins or tokens then you are at the right place. In this article, we will talk about MetaMask, one of the most trustworthy and respected browser extensions in the world of crypto. It allows its users to swap coins or tokens directly from their MetaMask wallet. Along with that it always offers the best prices to its users for swapping tokens by combining data from different DEXs (decentralized exchanges) aggregators, professional market makers, and individual DEXs.    

In our further content, we will cover an easy step-by-step guide that will help you to swap your tokens on the MetaMask Extension within a few easy clicks or taps.

Steps to Swap ERC-20 tokens on MetaMask Extension:

Follow these simple steps to swap tokens on your MetaMask extension account, 

  1. First of all, open your Chrome browser and log in to your MetaMask extension account by using your registered password.
  2. Now go to your account dashboard and click or tap on the three vertical dots icon located at the top left corner of your MetaMask account dashboard.
  3. Then click or tap on the “Expand View” option in order to view your account dashboard in full screen.
  4. Select the right network in which you have available sufficient funds from the top right corner such as “Ethereum Mainnet”, “BNB Smart Chain”, and many more. 
  5. After selecting your preferred network, you have to click or tap on the “Swap” button.
  6. Now search and select the currency that you would like to swap in the “Swap from” text field and then enter the amount of token in the same field that you want to spend.
  7. After selecting the token in the “Swap from” text field, select the token that you would like to convert your currency into.  
  8. Click on the “Advance Option” tab and then select the percentage of Slippage tolerance.
  9. Click on the “Review Swap” button and then you will be able to see your transaction details along with the applicable gas fee that you will have to pay. You can also edit your gas fee by clicking on the edit option in the gas field section.  
  10. In the last step, you just have to click or tap on the “Swap” button and then click on “Confirm” in order to finish the process of swapping tokens on the MetaMask extension. 

Bottom Line:

MetaMask extension is one of the most popular and well-known browser extensions that are available for 5 different browsers such as Google Chrome, Firefox, Brave, Edge, and Opera. It offers the best token-swapping price by combining all of its available DEXs (Decentralized exchanges) platforms for its users while other Decentralized exchanges platforms such as Uniswap, SushiSwap, and more offer swapping prices from their own liquidity pool. 

Comments