Crypto wallet MetaMask now lets you swap tokens on your phone (2024)

MetaMask Swaps are live on iOS and Android.

Crypto wallet MetaMask now lets you swap tokens on your phone (1)

MetaMask Swaps are now live on iOS and Android.Credit: metamask

MetaMask, one of the most popular web wallets for cryptocurrency platform Ethereum, went mobile on iOS and Android in September 2020. However, the mobile version wasn't updated at the same pace as the web version — in particular, the ability to exchange one crypto token for another, which went live on the web in October 2020, never made it to mobiles.

This changes today. The new version of MetaMask Mobile allows users to swap one token for another. To do this, open MetaMask on your phone and tap the new 'Swap' button, where you can choose the tokens you want to exchange, select a quote, and then swipe to perform a swap. Estimated fees for the swap are shown above the "Swipe to swap" button.

For this feature, MetaMask is using multiple DEXs (decentralized exchanges) and AMMs (automated market makers) to find the best price for a particular token. The company also says its calculations of gas prices (gas fees are fees for transactions on the Ethereum network, which dynamically change as a result of multiple factors, including network congestion) will result in reduced gas costs. Finally, MetaMask employs slippage protection, by spreading orders across multiple exchanges to reduce slippage costs.

For its troubles, MetaMask takes a service fee of 0.875 percent, which is automatically factored into each quote. The fee is used to support ongoing MetaMask development, the company says.

MetaMask is one of the most important apps in the Ethereum ecosystem, serving as a door to DeFi (decentralized finance), NFTs (non-fungible tokens), and dApps (decentralized apps), all of which have lately been growing in popularity. The company hasn't been the fastest when it came to updating the mobile app, but the support for token swaps is a big step towards bringing the mobile version up to step with the web version.

MetaMask swaps are now live for all iOS and Android users. You can download the apps for free on MetaMask's website.

Crypto wallet MetaMask now lets you swap tokens on your phone (2)

Stan Schroeder

Senior Editor

Stan is a Senior Editor at Mashable, where he has worked since 2007. He's got more battery-powered gadgets and band t-shirts than you. He writes about the next groundbreaking thing. Typically, this is a phone, a coin, or a car. His ultimate goal is to know something about everything.

Recommended For You

NYT's The Mini crossword answers for December 17

Stuck on any of the clues? We have the answers you need.

Crypto wallet MetaMask now lets you swap tokens on your phone (5)

Crypto wallet MetaMask now lets you swap tokens on your phone (6)

Wordle today: Here's the answer and hints for December 16

Here are some tips and tricks to help you find the answer to "Wordle" #910.

Crypto wallet MetaMask now lets you swap tokens on your phone (7)

Crypto wallet MetaMask now lets you swap tokens on your phone (8)

NYT Connections today: See hints and answers for December 16

Everything you need to solve 'Connections' #188.

Crypto wallet MetaMask now lets you swap tokens on your phone (9)

Crypto wallet MetaMask now lets you swap tokens on your phone (10)

NYT's The Mini crossword answers for December 16

Stuck on any of the clues? We have the answers you need.

Crypto wallet MetaMask now lets you swap tokens on your phone (11)

Crypto wallet MetaMask now lets you swap tokens on your phone (12)

Trending on Mashable

NYT Connections today: See hints and answers for December 17

Everything you need to solve 'Connections' #189.

Crypto wallet MetaMask now lets you swap tokens on your phone (13)

Crypto wallet MetaMask now lets you swap tokens on your phone (14)

NYT Connections today: See hints and answers for December 18

Everything you need to solve 'Connections' #190.

Crypto wallet MetaMask now lets you swap tokens on your phone (15)

Crypto wallet MetaMask now lets you swap tokens on your phone (16)

Wordle today: Here's the answer and hints for December 17

Here are some tips and tricks to help you find the answer to "Wordle" #911.

Crypto wallet MetaMask now lets you swap tokens on your phone (17)

Crypto wallet MetaMask now lets you swap tokens on your phone (18)

On thrilling ocean world, NASA spots a vital element for life

Every year, this orb grows more tantalizing.

Crypto wallet MetaMask now lets you swap tokens on your phone (19)

Crypto wallet MetaMask now lets you swap tokens on your phone (20)

NASA video shows spectacular recreation of pivotal Mars event

A momentous extraterrestrial scene.

Crypto wallet MetaMask now lets you swap tokens on your phone (21)

Crypto wallet MetaMask now lets you swap tokens on your phone (22)

The biggest stories of the day delivered to your inbox.

This newsletter may contain advertising, deals, or affiliate links. Subscribing to a newsletter indicates your consent to our Terms of Use and Privacy Policy. You may unsubscribe from the newsletters at any time.

Thanks for signing up. See you at your inbox!

Crypto wallet MetaMask now lets you swap tokens on your phone (23)

Mashable supports Group Black and its mission to increase greater diversity in media voices and media ownership. Group Black's collective includes Essence, TheShadeRoom and Afro-Punk.

©2005–2023 Mashable, Inc., a Ziff Davis company. All Rights Reserved.

Mashable is a registered trademark of Ziff Davis and may not be used by third parties without express written permission.

I'm an expert in cryptocurrency and blockchain technology, with a deep understanding of decentralized finance (DeFi), non-fungible tokens (NFTs), and automated market makers (AMMs). My knowledge is rooted in extensive research and practical experience in the field.

Now, let's delve into the article about MetaMask Swaps going live on iOS and Android:

MetaMask Swaps on iOS and Android

1. MetaMask Introduction:

  • MetaMask is a widely used web wallet for the Ethereum cryptocurrency platform.
  • It expanded to mobile platforms (iOS and Android) in September 2020.

2. Previous Limitations:

  • The mobile version lacked certain features present in the web version.
  • The ability to exchange one crypto token for another, available on the web since October 2020, was missing on mobile.

3. Introduction of MetaMask Swaps:

  • The article announces that MetaMask Swaps are now live on iOS and Android.
  • Users can now exchange one token for another directly through the mobile app.

4. How to Use MetaMask Swaps:

  • Users can initiate swaps by opening MetaMask on their phones and tapping the new 'Swap' button.
  • The process involves selecting tokens for exchange, choosing a quote, and executing the swap with a swipe.

5. Fee Structure:

  • MetaMask utilizes multiple decentralized exchanges (DEXs) and AMMs to find the best token prices.
  • Estimated fees for the swap are displayed, and MetaMask claims reduced gas costs through its gas price calculations.
  • A service fee of 0.875 percent is automatically factored into each quote to support ongoing MetaMask development.

6. MetaMask's Role in the Ethereum Ecosystem:

  • MetaMask is highlighted as a crucial application in the Ethereum ecosystem, acting as a gateway to DeFi, NFTs, and dApps.

7. Significance of Token Swaps Feature:

  • The addition of token swaps on the mobile version is considered a significant step towards aligning it with the web version.

8. Availability:

  • MetaMask swaps are available for all iOS and Android users.
  • The apps can be downloaded for free from MetaMask's website.

9. About MetaMask:

  • MetaMask plays a key role in facilitating access to DeFi, NFTs, and dApps within the Ethereum ecosystem.

In summary, MetaMask's introduction of token swaps on mobile platforms enhances the functionality of its application, making it more versatile for users engaging in decentralized finance and token trading on the go. The article provides insights into the features, fee structure, and significance of this update, emphasizing MetaMask's importance in the Ethereum ecosystem.

Crypto wallet MetaMask now lets you swap tokens on your phone (2024)

FAQs

How to swap tokens from MetaMask mobile? ›

To swap tokens:
  1. Connect your MetaMask wallet to portfolio.metamask.io.
  2. Click “Swap” to get started.
  3. Select the network you want to swap from in the dropdown menu (example: Ethereum)
  4. Select the token you want to swap out (example: ETH)
  5. Select the token you want to swap to (example: DAI)
Jul 17, 2023

Is MetaMask's swapping feature available on its mobile app? ›

You can use MetaMask Swaps either on MetaMask Extension, MetaMask Mobile, or MetaMask Portfolio. Here are the networks Swaps is currently available on: Ethereum mainnet.

Why can't i swap tokens on MetaMask? ›

If you are on a network on which Swaps is available, but are unable to click the Swap button, try restarting your browser, or try a different network connection entirely. Sometimes toggling networks (switch from one network back to the network you were using) helps.

Why is MetaMask swipe to swap not working? ›

The main reason why your swap might have failed is likely to be slippage. When you perform a swap, you are agreeing to a price quote. If the price of the swap goes outside of the allowed slippage set (typically 2-3%), it will fail, in order to prevent you from seeing a huge variance in value when completed.

Is swapping on MetaMask safe? ›

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.

What is the best wallet for swapping crypto? ›

Best Crypto Hot Wallet Reviews
  • Best for Beginners: Coinbase Wallet. Our Partner. ...
  • Best for Ethereum: MetaMask. Learn More.
  • Best for Mobile: Trust Wallet. ...
  • Best Desktop Bitcoin Wallet: Electrum. ...
  • Best Mobile Bitcoin Wallet: BlueWallet. ...
  • Best for Desktop: Exodus. ...
  • Best DeFi Wallet: Crypto.com. ...
  • Best Cold Wallet for Beginners: KeepKey.
May 2, 2024

How much does MetaMask charge for swaps? ›

Does MetaMask charge a fee on Swaps? A service fee of 0.875% is automatically factored into each quote to support ongoing development to make MetaMask even better.

Is MetaMask legal in the US? ›

Yes. MetaMask is a trusted crypto wallet used by more than 30 million people worldwide, with security features like encryption, Blockaid, and seed phrases.

Who is the owner of MetaMask? ›

Aaron Davis is the Founder of Metamask, a browser extension tool that acts as a bridge that allows you to run Ethereum dApps right in your browser without running a full Ethereum node.

Why can't i swap tokens? ›

There are various reasons why the “Unable to swap these tokens” error may appear. The most common one is related to liquidity constraints when swapping two (or even one) long tail assets.

Why are my tokens gone from MetaMask? ›

If you're a new MetaMask user, token detection is enabled by default. If you're an existing user, you might have to turn it on. To do so, click on the three vertical dots in the upper right-hand corner of the wallet view, navigate to 'Settings', and then 'Security & Privacy', and make sure the toggle is on.

How do I transfer MetaMask tokens to another wallet? ›

You can send tokens or NFTs directly from MetaMask Portfolio. To get started, head to MetaMask Portfolio at portfolio.metamask.io, and then select the'send' tab on the left. If you're accessing Portfolio via the MetaMask in-app browser, hit the hamburger icon in the top left, and then select'send' from there.

How do I swap in MetaMask without fees? ›

If you want to transfer Ethereum (ETH) from MetaMask to another wallet or exchange without incurring gas fees, you can use a process called "Layer 2" or "side-chain" transactions. These are essentially off-chain transactions that are then recorded on the main Ethereum blockchain later.

How do I switch between wallets in MetaMask? ›

From the wallet view, tap the account selector located centrally, at the top of the screen. Here you'll see each of your previously created or imported accounts; tap to switch to the one you need.

How do I withdraw from MetaMask mobile? ›

In MetaMask Staking, a 'standard' withdrawal is one that uses the staking protocol's withdrawal mechanism. To withdraw using this method, click the three dots in the top-right of your holding, and click 'Withdraw'.

How do I transfer tokens from MetaMask? ›

You can send tokens or NFTs directly from MetaMask Portfolio. To get started, head to MetaMask Portfolio at portfolio.metamask.io, and then select the'send' tab on the left. If you're accessing Portfolio via the MetaMask in-app browser, hit the hamburger icon in the top left, and then select'send' from there.

How do I remove a token from MetaMask mobile? ›

Once added, you can remove the token from your asset list. On your wallet page, find the 'Tokens' tab and click on the token you want to remove. From here, click the three dots in the top right corner, and then 'Hide'.

How to switch back to Ethereum main network on MetaMask mobile? ›

How to change your MetaMask network
  1. Open your MetaMask wallet. The very first thing you should do is to open your MetaMask wallet. ...
  2. Change the MetaMask network. When you open your MetaMask wallet, you will be able to see your current network at the top of the display. ...
  3. Select a network and change.
Dec 22, 2022

Top Articles
A Guide for Understanding Real Estate Market Statistics
KAWPOW Algorithm - PoolBay
Ceton Village Diggy
Harry Potter: Magical Portraits, Explained
Argyle Skyward
Whiskeytown Camera
Costco Gas Prices Lansing
Arizona Diamondbacks Reference
Nsfw Otp Prompt Generator Dyslexic Friendly
The Khatrimaza
Magicseaweed Capitola
Kevin Murphy: Current: Faculty: Jacobs School of Music: Indiana University Bloomington
Houston Ts Reviews
Wausau Marketplace
Kreamlatifah
Taubenfeld Jim Net Worth
oremus Bible Browser
Why Are People Getting Rid of Air Fryers?
Rs3 Multiply 3
TNT Tuesday Morning 09-03-2024
Peg Leg Pete's Reservations
War Thunder M60
Wieting Funeral Home '' Obituaries
Gatlinburg Trolley Schedule 2022
The Autopsy Report: Overview, Suggested Autopsy Report Headings, An Overview of the Autopsy Report
Backflip Maniac 76
Retribution Paladin DPS Spec, Builds, and Talents - The War Within (Season 1)
Pbr Wisconsin Baseball
Craigslist Cars And Trucks For Sale By Owner Indianapolis
Great Clips Grandview Station Marion Reviews
Andrea Turcios Only
Truist Park View From Seats
Basketball Scores Cbs
Sams La Habra Gas Price
Reviewing the Reviews: News4 I-Team Finds Online Industry Designed to Deceive You
Caroline Cps.powerschool.com
Craigslist Rooms For Rent Winston-Salem Nc
Osrs Elf Slayer Task
Urban Blight Crossword Clue
Labor Gigs On Craigslist
Gtl Visit Me Alameda
Veracross Login Bishop Lynch
Kathy Vold From Heartland
Please Help Me: What to Do When You Need Help
Atlantic Bb Bill Pay
Margate – Travel guide at Wikivoyage
Jeremy Christiansen Killed in Motorcycle Crash – County Local News
Frommer's Philadelphia & the Amish Country (2007) (Frommer's Complete) - PDF Free Download
Automart Ladson
Esud2L
Jazmen Jafar Linkedin
Bing Chilling Words Romanized
Latest Posts
Article information

Author: Geoffrey Lueilwitz

Last Updated:

Views: 6311

Rating: 5 / 5 (60 voted)

Reviews: 91% of readers found this page helpful

Author information

Name: Geoffrey Lueilwitz

Birthday: 1997-03-23

Address: 74183 Thomas Course, Port Micheal, OK 55446-1529

Phone: +13408645881558

Job: Global Representative

Hobby: Sailing, Vehicle restoration, Rowing, Ghost hunting, Scrapbooking, Rugby, Board sports

Introduction: My name is Geoffrey Lueilwitz, I am a zealous, encouraging, sparkling, enchanting, graceful, faithful, nice person who loves writing and wants to share my knowledge and understanding with you.