Coingecko has grown to become one of the most popular cryptocurrency data aggregator websites because of its outstanding service delivery. Since its inception in 2014, the website has grown massively that it can boast of having close to 3000 tokens from more than 230 exchanges in the cryptocurrency market. The growth of the website has made it necessary for regular updates to be carried out on the website for a better user experience.
Coingecko has made several innovative improvements to its website and its most recent innovative addition is the integration of kyberwidget. KyberWidget makes it possible for coingecko users to exchange or swap ERC-20 tokens on the coingecko website without leaving the website. This widget uses metamask technology to automatically connect to the user’s wallet on coingecko.com and it is very secure. The widget was created by one of the first exchanges in the crypto market known as kyber network and coingecko’s partnership with kyber network makes them eligible to integrate this widget on their site so as to enable their users to make a transaction of selected ERC-20 tokens on coingecko.com without leaving the site and without having to register on an exchange.
How to use the kyberwidget on coingecko
The widget is very easy to use. The steps a user needs to take to swap selected ERC-20 tokens on the coingecko website are given below:
Decide the coin you want to swap
Determine the amount you want to use in the transaction
Go to coingecko homepage and scroll down on the displayed tokens on the page. Once you see any token with buy/sell written below it, click on it and the widget will take you to a page where you will need to choose the tokens you want to swap and enter the amount you have decided previously. Once you have entered the corrent information, agree to the terms and condition and click on next.
- The next page will take you to the metamask page and it will connect to your wallet. Click on the address showing on the metamask box and you will be taken into your wallet where you will see the tokens you’re swapping, the amount and the little fee that you’re being charged.
- The final step is for you to click the confirm button and the transaction will be carried out at the market price in which you initiated the transaction.
Note: the kyberwidget currently supports only a few ERC-20 tokens for now. The coingecko team are working on increasing the number of supported tokens. So for now, you can only swap supported ERC-20 tokens.
These are just the simple steps to swapping an ERC-20 token on the coingecko website using the kyberwidget. The process is very fast and the transaction is secure. If you want to know more, you can visit: https://www.coingecko.com/en
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