QuickSwap Exchange | Review, Trading Fees, Crypto List & Volume - QuickSwap.Exchange

If you are an active crypto trader, you might be aware of the terms related to it and surely you will have an idea of what a decentralized exchange is. Coming to the main point of this document, it would not be wrong to say that QuickSwap is an addition to the DEX marketspace that came up with some unique trading features making it stand out from the rest.

If you have just begun your journey with this platform, you should note that QuickSwap is based on the Ethereum network. However, another important thing worth noting about this platform is the fact that it is developed on the layer-2 infrastructure which is provided by Matic, also known as, the Polygon network.

Despite the availability of a vast number of Decentralized exchanges, the reasons why one should opt for this network are diverse. Being a network present on the layer-2 infrastructure, the users who trade on this platform will be given the option to trade a wide collection of ERC-20 crypto assets. And the best part is, you do not need to pay a gas cost for making speedy transactions.

In addition to this, the platform also makes way for community-based governance along with creating a fair token distribution space. And, you'll be glad to note that, being a trader on QuickSwap, you are given more power to use your assets the way you want as compared to the power given to the DEX users in previous years.

Without having access to one of the compatible wallets, you will not be able to utilize all the features and functionalities of this wallet. Hence, to make full use of this DEX, you can definitely go ahead and ensure that you have access to one of these wallets beforehand:

• MetaMask wallet

• Trust wallet

• Phantom wallet

• Coinbase wallet

• WalletConnect

• Unstoppable Domains

• Venly

• Portis

• ZenGo

If you do not have installed and set up this wallet already, then I suggest you create one of them right away. If you mostly need to deal with Ethereum-enabled crypto tokens, then I suggest you create a MetaMask wallet to be used in association with QuickSwap.

As said already, users can use any of the above-listed wallets if they wish to use the full-fledged features of QuickSwap. So, here we are taking the example of the MetaMask wallet which is used by users on a large scale. If you do not have a MetaMask wallet as of yet, apply these steps to get started with it:

1. Begin the procedure by going to the metamask.io website

2. Followed by this, you need to select the option referred to as "Download"

3. Download and install the MetaMask extension for your preferred browser

4. Right after this, open the wallet and select "Get Started"

5. Once done with that, you can choose the option to set up a new wallet

6. Create a new password and backup your secret recovery phrase to get started with it

Now that you have set up a wallet that is compatible with QuickSwap. It is time now to look at the procedure for connecting the two platforms together.

As we have taken the example of the MetaMask wallet in the previous section, we will again use the same wallet to showcase the procedure of connecting a wallet with QuickSwap. To do the same, follow the steps described below:

1. Open the official QuickSwap website i.e. https://QuickSwap.exchange/#/

2. Followed by this, select the option "Connect Wallet" option located at the top

3. This shall bring up the list of compatible wallets on your screen

4. Choose one of the preferred wallets to option e.g. MetaMask wallet

5. Right after this, you will see a QR code on your screen

6. This needs to be scanned by using the MetaMask wallet app

As soon as you are done with this, you just need to follow a few more prompts to get the process done.

Our funds and information security are our primary concern and before we start using any exchange, it is important that we take a closer look at the security measures used by this platform. Hence, in this section, we will be reviewing the security measures taken up by QuickSwap to give you a worry-free experience.

While a centralized exchange is vulnerable to hacks and a hacker can easily steal the funds that you have stored in an account on that particular exchange, this is not the case with QuickSwap. If you are using QuickSwap, then a hacker would not be able to access or steal your funds even if the DEX got hacked.

Speaking about the network coverage, it should be noted that the platform is spread across different networks in the whole world which means, even if one server gets down, you will still be able to get things done without any technical glitches.

Hence, we suggest you continue using QuickSwap for safeguarding your crypto assets from any kind of hack.

Built on Polygon (MATIC) protocol, QuickSwap is a pioneer in the world of decentralized exchanges available today. If you ever wonder what this platform is all about or how to get started with it, then you can surely refer to the guidelines we have mentioned in the sections above. Please make sure that you abide by all the usage rules to avoid any kind of hurdle during your journey with this DEX.