QuickSwap instant trades are successfully integrated into the Rubic platform!
Today we are happy to announce that we successfully integrated QuickSwap to Rubic platform. This feature will allow users to complete instant trades on Polygon network directly at Rubic.exchange.
Try it now at https://rubic.exchange/ and tell us your experience.
The implementation of instant trades will allow users to trade their tokens on the Polygon network not only with Order books but also using the new handy and quick way!
This feature will create one more full-stop solution at Rubic. Now users will be able not only complete swaps between Ethereum and Polygon networks but also complete instant trades on both platforms.
QuickSwap integration is a big milestone for Rubic. Now the platform is successfully connected to 3 networks and allows users to easily move and trade their assets among these networks using the ONE-PLACE platform Rubic.
In the future, we will make the direct connection of the Polygon network to Binance Smart Chain, which will allow users to easily transfer and trade users’ assets in two low fees networks.
What is QuickSwap?
QuickSwap is a DEX based on Ethereum and supported by the Layer 2 Polygon Scalability Infrastructure (MATIC). Using Layer 2 for transactions, QuickSwap users will be able to trade any ERC20 asset at lightning speed with almost zero gas costs.
QuickSwap is created and maintained by some of the industry’s most prominent leaders in Ethereum token and contract standards, as well as the Polygon-based Layer 2 Scalability solution (MATIC). The protocol represents the next stage in the evolution of decentralized trading and is designed to allow the next wave of users to enter DeFi.
Currently, the daily volume of Quickswap is $309,854,281 with more than 115 pairs. The transactions on the Matic Network can be confirmed in just ~1 second at a price of about $0.000002 (480,000 times cheaper than on the main Ethereum chain!).
How to trade using instant swaps for the BSC network?
Please check the tutorial on how to do that: https://youtu.be/azf_6-V4NLo
Step 2: Choose the Polygon network
Step 3: Select Instant Trades and fill out the form, by choosing the tokens you want to exchange.
Step 4: Enter the desired amount you want to exchange.
Step 5: Now, QuickSwap will automatically show you the best rates across multiple protocols.
Step 6: Press “Create trade”.
Step 7: Use MetaMask to confirm your trade, and now wait for the transaction to be confirmed into the blockchain.
About Quick Swap
QuickSwap is a fork of the originator of Automated Market Makers in the now rapidly expanding DeFi sector of the Cryptocurrency industry, Uniswap. The advantage of Quickswap that it’s much faster than Uniswap because it's using Layer 2 technology. QuickSwap DEX is based on Polygon network.
Rubic is a multichain DeFi ecosystem, which features cross-chain, P2P, instant swaps, and limit orders across multiple blockchains, aiming to deliver a complete ONE-STOP decentralized platform. Rubic platform is the place where users can complete cross-chain swaps using different solutions and get the best rates from all leading protocols (thanks to a DEX aggregator implementation), as well as P2P swaps within an Order Book where users can make deals on their own terms.
For the moment, Rubic supports trades on Ethereum, Polygon (ex Matic), and Binance Smart Chain networks.