CoinMarketCap users can now swap tokens on PancakeSwap, Uniswap, and MDEX.
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Earlier this month, CoinMarketCap made it possible for our users to swap tokens right on our site.
Now, with the addition of PancakeSwap swapping on CoinMarketCap, users can swap tokens using Pancake Swap, Uniswap and MDEX.
For every supported network and token, you will be able to connect your supported crypto wallet and start swapping in a safe and secure way.
What Is PancakeSwap?
PancakeSwap is an automated market maker (AMM) based on Binance Smart Chain, allowing users to exchange tokens, provide liquidity via farming and earn fees in return.
Liquidity providers on PancakeSwap interact with the liquidity pool and receive LP tokens that represent their share in the pool, These tokens adhere to Binance Smart Chain’s BEP-20 token standards.
What Networks, Wallets and DEXs Does CoinMarketCap TokenSwap Support?
Below is a list of the currently supported DEXs, wallets and networks.
Supported DEXs
PancakeSwap, Uniswap and MDEX.
Supported Wallets
At this time, wallets supported by PancakeSwap, Uniswap and MDEX will also be available for the CoinMarketCap token swap.
PancakeSwap: MetaMask, TrustWallet, MathWallet, TokenPocket, Wallet Connect, Binance Wallet Chain and SafePal Wallet.
Uniswap: MetaMask, WalletConnect, Coinbase Wallet, Fortmatic, and Portis for Uniswap swapping.
MDEX: MetaMask, TrustWallet, MathWallet, TokenPocket, WalletConnect, and SafePal Wallet for MDEX swapping.
Supported Networks
Ethereum, Binance Smart Chain and HECO are the networks supported at this time.
How to Use Token Swaps on CoinMarketCap
First, navigate to the page of the coin that you wish to swap. You will see a converter between a selection of two coins on the right side of the page, and the option to “Swap on CoinMarketCap.”
Once you click to swap, you will be able to select the cryptos that you wish to swap and the amount. At this point, you will need to connect a wallet and sign the blockchain transaction.
Make sure that you have checked the liquidity provider fee that will be charged, the route, the price impact, the minimum received and the slippage tolerance before confirming your swap.
For more information about token swaps in general, see our CoinMarketCap Alexandria beginner’s guide to token swaps.
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