Posted September 28, 2021 by Danny Organ
Are you tired of being ready to buy the next moonshot, only to remember you don’t have enough ETH in your wallet to complete the transaction? Do you have a bunch of crypto wallets and don’t want to deal with the hassle of making sure they all have enough gas to trade your tokens around when you need to? Are you bullish on ETH and tired of spending your valuable tokens on gas? If any of these apply to you, we’ve got a solution for you with Gasless Trading on Matcha.
What is Gasless Trading?
Gasless Trading is a new feature exclusively available on Matcha that allows users to trade on Ethereum without having to pay any gas fees. As of today, we are launching this feature into open beta, so anyone who wants to now has the ability to try it out!
While it may sound impossible to trade in crypto without paying gas fees, we’ve designed a system that allows users to trade without using gas (and without slippage). Gasless Trading is an additional liquidity source that runs in parallel to Matcha’s traditional liquidity aggregation. When you select the option for a Gasless Trade, Matcha returns an individualized and slippage-free price quote from professional market makers. If you like the quote and are ready to make the trade, you simply need to sign the transaction and market makers will submit the transaction to be verified on chain (and they pay the gas!).
What does all this mean for you? You get to trade with zero gas costs, zero slippage, and zero MEV attacks.
How do I start trading without gas?
- Connect your wallet to Matcha
- Navigate to a token pair where Gasless Trading is an option (WETH/USDC, WETH/DAI, WETH/USDT, WBTC/USDC, WBTC/DAI, WBTC/USDT, plus select others)
- Set the amount you want to trade ($5,000 USD equivalent or more, with some pairs as low as $1,000)
- Enable the Gasless Trade option, if available
- Confirm the trade
- Celebrate 🎉 and figure out what to do with all the ETH/WETH you aren’t spending on gas
Matcha is decentralized exchange (DEX) aggregator that allows anyone to discover and easily access tokens at the best prices. Trade without a middleman while keeping full custody of your crypto assets. Always get the best price by searching across all major DEXs including Uniswap (V2 and V3), SushiSwap, PancakeSwap, Curve, and many more. Trade transparently, with zero added fees or commissions. Why trade on one exchange when you can trade on them all? Try Matcha today!
Want to help us bring crypto tokens and decentralized exchange to a global audience? Check out our open roles here! 😊