Ledger Live has now added ParaSwap to its list of features. Allowing Ledger hardware users to swap the likes of ETH, USDT, AAVE, and many more
In this review, we’ll take a look at what ParaSwap is, what tokens you can swap and how to exchange your tokens.
What is ParaSwap?
ParaSwap essentially checks the rates across all the exchanges to provide the best exchange rates available. With your crypto being traded within ledger live it means that your crypto will always remain safe when swapping too.
Plus because it’s decentralised you won’t need to create a separate account.
With ParaSwap, Ledger hardware users can swap ETH and ERC20 tokens, including the likes of Aave, Chainlink, Dai, Polygon, Sushi, UNI and Wrapped Bitcoin.
When swapping your tokens ParaSwap can offer lower prices than the market by splitting your swap order between various DEXes and finding the best routing.
To swap with ParaSwap, all you need is an Ethereum account on Ledger Live.