Blank Wallet features beyond basic privacy (#6): Swaps/DEX Functionality
This post is the sixth part of a series in which we explore and detail the upcoming features of the Blank Wallet which go beyond basic privacy. You can read the last part of this series here.
With the rise of decentralized finance over the past year we have started to see large-scale adoption of decentralized exchanges (DEXs). DEXs offer more trading pairs when compared to centralized exchanges (CEXs) and enable non-custodial swaps that keep funds in the hands of the user rather than the CEX. That being said, it’s not always true that a decentralized exchange will offer the best prices. This is usually due to insufficient liquidity available for the specific trading pair, which can make its users incur large slippage.
Why Swap With Blank Wallet?
Before Blank Wallet swaps, users would have to manually navigate to a DEX to compare prices and swap tokens. However, using a single DEX or DEX aggregator doesn’t always yield the best price for every trade, as each aggregator performs differently under different circumstances. On top of this, users are required to approve tokens on every DEX they decide to make swaps with, incurring expensive gas costs. With Blank Wallet swaps, you only have to approve your tokens once!
Unlike other crypto wallets out there, Blank Wallet is built to be privacy-first. We empower our users to perform swaps directly within our wallet, which means you no longer have to worry about exchanges accessing more personal data than you’ve allowed. Whether you’re participating with a decentralized finance application or surfing Web 3.0, with Blank, you are always in complete control of your data.
Swap from anywhere, anytime
Regardless of where you are on the web, Blank Wallet allows its users to swap tokens directly from the UI. The Swap/DEX feature acts as a router and aggregator that integrates data from DEXs, market makers, and other DeFi aggregators in the ecosystem to ensure the best prices, and lowest slippage swaps available.
A Safer and Superior Experience for the Entire Crypto Ecosystem
By building an all-inclusive end-to-end experience, Blank Wallet empowers Web3 users to browse and interact with the entire decentralized web
Blank is creating a simple, streamlined experience for its users. Crypto and DeFi are already complex enough for new users and the integration of Swap/DEX functionality within the wallet directly makes understanding the DeFi ecosystem that much easier!
The Swap/DEX function enables our users faster trades, better prices, and provides an optimized path for fees. This means a greater network experience for all — one that offers fewer fees, more value to the user, and reduced network congestion.
About Blank Wallet
Blank is the most private, non-custodial Ethereum browser extension wallet.
Blank allows the user to easily interact with privacy smart contracts on Ethereum to hide the amounts and the origins of cryptocurrency held, in a decentralized, non-custodial, and frictionless manner.
Blank solves the problem of privacy in crypto transactions. Each time you want to make a withdrawal, Blank will create a new wallet address for you with the amount of crypto that you requested. This address originates from the smart contract where everyone’s funds are pooled. All of this is achieved using cryptographic proofs to ensure that the user cannot be linked with the original depositing address.
With crypto transactions increasing, on-chain transaction privacy is being highly discussed to keep you safe from exposing yourself. Blank has developed a system that adds the ultimate protective layer to your crypto transactions while facilitating every function that other wallets offer.
Anyone can easily install Blank and start reaping the privacy benefits in no time at all. Besides the smart contract functionality, Blank wallet offers a higher level of privacy due to Tor integration. Upcoming functionality includes DeFi web3 integrations as well as support for Metamask Snaps Plugins to allow for seamless connectivity and usage.
Reclaim privacy on your Ethereum transfers. Go Blank.