CoinBrain Trade is a DEX Aggregator supporting all major EVM chains (BNB Chain, Ethereum, Polygon, Fantom, Avalanche, Optimism and Arbitrum) which allows you to swap tokens for the best prices possible by automatically selecting the cheapest and most efficient route for your transaction.
On top of that, CoinBrain automatically safety-check each token which you’re about to swap and warns you in case of suspicious features of its smart contract.
Thanks to this, we’re offering rare combinations of efficiency, speed and safety.
How it works
To perform a token swap, you can either go directly to
or click on the trade widget which is available on the profile page of each coin on our site.
If you’re already logged to CoinBrain with your web 3 wallet (Metamask, Trust Wallet, etc.), the trade widget should be already enabled for you. However, sometimes when the session is interrupted it required an extra wallet unlock.
After unlocking the wallet, the next step is choosing the token which you want to swap.
The “From” input represents the token which you have and want to trade for another token.
In the “To” input, you can choose the token which you want to receive in your wallet after the swap is successfully completed.
We made it easy to search tokens based on the name or address and we also list the most popular tokens on the top, so you can finish your swap in just a few clicks.
We automatically check the safety of each token you select. In case we find anything suspicious, we immediately display you a warning label so you can double-check the selected token and decide whether you wish to continue.
When you’re happy with your coin selection and you set the right amount of coins which you want to swap, it’s time to hit the “Swap” button. In the summary under the confirmation button, you can find all the important details (including transaction fees, estimated price impact, and more) about your swap before you confirm it.
Congratulations! Your swap is done! 🥳 Now you can easily add the coin to your Metamask (in case it’s not there yet) or check the transaction on BSCScan/Etherscan/etc.!
FAQs
How does CoinBrain offer the best prices?
Unlike other DEXs that only use their own liquidity source, CoinBrain aggregates liquidity pools from various reliable DEXs including 0x, Uniswap, Balancer, Curve, Kyber, Oasis, and others. We always check their prices and offer you the best price/lowest slippage possible.
What is a decentralized exchange (DEX)?
Decentralized exchanges (DEX) are a type of cryptocurrency exchange which allows you to directly (peer-to-peer) swap your tokens without the need for an intermediator.
What is price slippage?
Slippage is a difference between the expected price of a trade and the price at which the trade is executed. Slippage can occur at any time but is most prevalent during periods of higher volatility when market orders are used. CoinBrain Trade allows you to set the maximum slippage which you’re willing to tolerate.
What price slippage should I use?
For larger coins, slippage around 0.5-2% is usually enough. However, in case the token has an internal buy/sell tax, you should set your slippage to be higher than this fee. For some lower market cap coins, it’s necessary to set slippage around 10-20% to be able to perform the swap.
How safe is trading on CoinBrain?
The core swap functionality of CoinBrain Trade is developed by 0x labs. In addition to thorough testing, the top blockchain company
CoinBrain is a decentralized exchange aggregator which does not store your tokens at all! Unlike centralized exchanges (such as Binance and Coinbase), all swaps on CoinBrain are done directly from your crypto wallet and retain complete custody of your tokens throughout the entire process.
What is the Price impact?
Price impact refers to the correlation between an incoming order (to buy or to sell) and the subsequent price change. It can be especially noticeable when you’re making large orders of new/small market cap tokens.
Acknowledgement
To be able to provide our users with all those amazing features and the best price on the market, we’ve partnered with: