How To Use 0x Matcha: A Step-by-Step Guide
0x Matcha is currently a major competitor of 1inch Network in the field of DEX Aggregator. Although Matcha was released under the sole reign of 1inch, it progressed rapidly and has gradually caught up with 1inch in terms of Trading Volume and Market Share.
This article will guide you on how to use 0x Matcha.
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0x Matcha Overview
Matcha is a DEX Aggregator, which means that it uses a search engine and smart order routing to provide users with the most ideal trades possible, regarding the price and gas fee.
Matcha is a product made by 0x that implements the use of 0x API - a liquidity endpoint deriving from multiple liquidity sources such as Uniswap, Curve, Balancer,...
Preparation for trading on 0x Matcha
What are the prerequisites for trading on 0x Matcha?
First, users need to download and create an account (optional) on Coin98 Wallet.
Coin98 Mobile Wallet version X is available for download at:
- iOS: ios.coin98.com
- Android: android.coin98.com
Read the detailed instruction on how to use Coin98 Wallet or watch the tutorial video below to install the Coin98 Mobile Wallet:
Coin98 Extension: Follow these steps to install the Coin98 Extension Wallet on Chrome:
Step 1: Find and select Coin98 Extension Wallet on Chrome Web Store;
Step 2: Click Add to Chrome;
Step 3: A pop-up notification will be displayed on the screen, please read it carefully. To approve, click Add extension.
Step 4: To use the extension, click the extension icon to the right of the address bar. If the Coin98 Extension Wallet shows up in the drop-down menu, it has been installed and enabled successfully.
Create an Ethereum Wallet on Coin98 Wallet
Before using 0x Matcha, users need to create an Ethereum (ETH) wallet. Users can create a new Ethereum wallet on Coin98 Wallet or import an existing Ethereum wallet from other wallets to Coin98 Wallet. Creating a Multi-chain wallet on Coin98 Wallet will also include an Ethereum sub-wallet.
For you: Instructions on how to create Multi-Chain wallet in detail.
Preparing ETH as gas fee
0x Matcha is now available on Ethereum, Polygon and Binance Smart Chain. Therefore, in order to trade on 0x Matcha, users must have ETH, MATIC or BNB in their wallets. In this article, I will use 0x Matcha on Ethereum, therefore I have to prepare ETH as gas fee.
Users can buy ETH, MATIC or BNB on a centralized exchange such as Binance, FTX, Gate,... and send it to the respective wallet address on Coin98 Wallet.
How to use 0x Matcha with the Coin98 Extension Wallet
Connect the Coin98 Extension Wallet to 0x Matcha
Step 1: Go to the 0x Matcha website here: https://matcha.xyz/
Step 2: Select the “Hamburger menu icon” at the top-right corner.
Step 3: Choose “Coin98 Wallet”. Enter your Coin98 Extension Wallet password if needed.
Ensure that your wallet prioritizes Ethereum. Open the Coin98 Extension Wallet and change the Web3 Priority if needed.
Swap
Step 1: Search for the token you want to buy/sell.
Step 2: Select a token. Remember to choose the correct chain. I’ll take ETH on Ethereum as an example.
Step 3: Click “Choose Token” to select the trading token. You can always change the tokens’ sending/receiving position. I’ll take USDT as an example.
Step 4: Enter the amount you would like to swap. Check all the details and click “Review Order”.
Step 5: Approve the asset(s) to be used.
Step 6: Confirm the transaction in Coin98 Wallet, and then proceed to perform the swap transaction.
You have successfully swapped on 0x Matcha.
How to use 0x Matcha on the Coin98 Wallet dApp browser
Step 1: Open the Coin98 Mobile Wallet. Select “Browser” and search “Matcha”.
Step 2: Click “Start Trading”.
Step 3: Click “Choose Token” to select the trading token. You can always change the tokens’ sending/receiving position. I’ll take USDT as an example.
Step 4: Enter the amount you would like to swap. Check all the details and click “Review Order”.
Step 5: Approve the asset(s) to be used.
Step 6: Confirm the transaction in Coin98 Wallet, and then proceed to perform the swap transaction.
You have successfully swapped with 0x Matcha on Coin98 Wallet.
Conclusion
And that is all you need to know in order to use 0x Matcha. Hopefully, this article can effectively support users in using 0x Matcha with the Coin98 Mobile Wallet and the Coin98 Extension Wallet.
If there are any questions, please feel free to comment below or join Coin98 community for further discussions about Crypto!