Reminder: NEVER Swap inside Metamask or Phantom Useful…
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Reminder: NEVER Swap inside Metamask or Phantom
Useful reminder to never swap directly inside Metamask or Phantom wallets. Indeed it may look easier and faster than anything else but it often routes your trade through their own aggregator with insane hidden fees baked in..
On large transactions those hidden fees can reach up to 1.2% based on what I saw onchain, means if you swap $1M USDT, you may throw away $12k that could be avoided.
So please. Make your researchs before using it, always use DeFi aggregators (even for native btc swaps) and make sure you always get a fair quote.
#cryptocurrency
Useful reminder to never swap directly inside Metamask or Phantom wallets. Indeed it may look easier and faster than anything else but it often routes your trade through their own aggregator with insane hidden fees baked in..
On large transactions those hidden fees can reach up to 1.2% based on what I saw onchain, means if you swap $1M USDT, you may throw away $12k that could be avoided.
So please. Make your researchs before using it, always use DeFi aggregators (even for native btc swaps) and make sure you always get a fair quote.
#cryptocurrency
| 3,000 mlx | |
| 7 | |
| 0 |