MetaMask: no need to change coins anymore
This week has been particularly rich in technological solutions that simplify and improve the cryptoindustry. For example, recently we wrote about instant digital transfers, and now we are in a hurry to tell you about the functionality that will allow you to change tokens without using special platforms. With the help of the new development from MetaMask, each wallet user will be able to independently convert cryptocurrency directly in the wallet. You no longer need to wait for the transfer of one coin to another on a third-party service. No need to pay commissions and worry about the safety of funds. After all, MetaMask announced that they are creating an interface that will help convert cryptocurrency right inside the wallet. We will look at the new service in detail. So let’s get started.
What is known about MetaMask?
First of all, it is necessary to note the fundamental facts about MetaMask. Indeed, this wallet still cannot boast of a world-famous name. And we are also sure that many of our users, in principle, hear about MetaMask for the first time. However, cryptocurrency storage really deserves attention. It is a wallet with a specific idea, with specific principles. The project actively supports young developers by providing them with advanced functionality for depositing money and digital transfers. Moreover, now, thanks to the innovations discussed, MetaMask is becoming an almost universal solution. The platform will combine functionality to help store, exchange, sell and buy cryptocurrency. Nevertheless, even the average user who is not involved in development on the Blockchain will find obvious advantages in MetaMask.
The company appeared in 2016, but in 4 years of its existence it has already managed to earn more than a million audience. This is an absolute success. However, the company does not stop there. Obviously, MetaMask understands the importance of timely and regular implementation of new technological solutions. One of which is the currency exchange functionality. Now, with an understanding of the context, it will be easier for us to evaluate the development of the company in terms of prospects.
How does the exchange service work and what awaits the technology?
It should be noted that at this stage only an intermediate alternative is proposed. In fact, MetaMask will simply connect the functionality of several exchanges and exchangers. Thus, using the wallet, you can carry out exchange and other operations without opening additional tabs. This is, of course, just a compromise. Wallet update is not a complete replacement for exchangers. He has other tasks. Obviously, this is an intermediate link, just a step towards something greater. It is quite possible that by creating such a solution, MetaMask shows that the future belongs to ultimatum applications. Which do not require additional tools and are convenient for the user. Such large companies as Uniswap, Paraswap and 1inch have already entered into partnerships with the project.
The launch of the new technological solution should take place very soon. Initially, the exchanger will be designed as an extension for the Firefox browser. But in the near future, it is also expected to start working in other browsers, as well as in the mobile version of the well-known wallet. The tool will be available to everyone, you just need to wait a little and stay up to date with the latest developments in the crypto industry.
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