QuickSwap Tutorial

QuickSwap Tutorial

Trade On Ethereum Blockchain Layer 2 (L2) scaling solution Polygon With Very Low Gas Fees

Here is the solution for the extremely high gas fees when using Uniswap >>> ENJOY !!! <<<

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Quickswap Exchange Tutorial | #1 DEX On Matic/Polygon Network!

4,506 viewsMay 4, 2021 

Crypto Empire

8.44K subscribers

 Quickswap is an AMM DEX built on the Matic/Polygon Network. Quickswap offers super fast transactions and very low fees compared to Uniswap on the Ethereum Network. This video will teach you everything you need to know about using the Matic/Polygon network + Quickswap Exchange! Also included is step-by-step instructions for liquidity mining so you can learn how to earn QUICK tokens passively! Comment down below if you’re bullish on MATIC! ADD MATIC NETWORK TO METAMASK: Network Name: Matic Mainnet New RPC URL: https://rpc-mainnet.maticvigil.com/ ChainID: 137 Symbol: MATIC Block Explorer URL: https://explorer.matic.network/ MATIC-ETH BRIDGE: https://wallet.matic.network/ QUICKSWAP EXCHANGE: https://quickswap.exchange/#/swap Timestamps: 0:00 Intro 1:12 How To Add MATIC to Metamask 2:55 How To Bridge ERC-20 tokens to MATIC 4:29 How To Swap On Quickswap 6:30 Quickswap Stats Overview 7:00 How To Add Liquidity On Quickswap 8:15 Liquidity Mining 10:55 Closing Summary ✅ Join the Crypto Empire Telegram Group to learn how to enter into the giveaway! https://t.me/cryptoempireee​​​​​​ HOW TO INSTALL METAMASK WALLET: https://www.youtube.com/watch?v=Uhbhi… Subscribe to the channel to keep DOMINATING THE MARKET! https://www.youtube.com/channel/UCUND… #quickswap​​​​​​ #matic​​​​​​ #polygon​​​​​​ ———————————————————————-  CONNECT ON SOCIAL MEDIA *** https://twitter.com/csell_8​​​​​​​ *** THIS IS NOT FINANCIAL ADVICE *** The information contained herein is for informational purposes only. Crypto Empire does not guarantee any particular outcome. Past performance does not indicate future results.************************************************************************************************

QuickSwap Tutorial

QuickSwap Tutorial

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FULL VIDEO TUTORIAL

00:00hey my name is connor and welcome to00:01crypto empire where i show you how to00:04dominate in the crypto markets00:05matic network is quickly picking up mass00:08adoption and is leading the way for00:09layer two scaling fees00:11for the ethereum network in this video00:13i’m gonna be explaining to you00:14how to move your funds over to the matic00:16network as well as more importantly how00:18to use00:18the quick swap exchange because quick00:21swap is the number one automated market00:23maker decentralized exchange00:24on the matic network and it has seen00:26insane growth00:28since the start of 2021 going from less00:30than 300 000 dollars in total lock value00:34to now over 550 million dollars i don’t00:37even know the multiple on that00:39but it’s well over 100 x in this video00:42i’m going to be showing you how to use00:44the quick swap exchange00:45how to add liquidity how to swap your00:46tokens how to do everything00:48everything you need to know so make sure00:50you stick with me until the very end00:51you smash the like button on this video00:53you leave a comment down below and if00:54you were not already subscribed to00:56crypto empire00:57go ahead and smash that subscribe button00:58right now and let the gains01:01be with you01:13so we’re going to start out this video01:14at the absolute top and the first thing01:16we’re going to do is add the matic01:18network to our metamask wallet this is a01:20step that you cannot switch01:22so make sure you have your metamask01:24wallet already downloaded if you want to01:25find out how to download metamask i made01:27a whole video about that01:29i’ll put a little card up right here as01:30well as the link will be down in the01:31description below01:33go ahead and open up your meta mask next01:35thing you’re going to want to do is head01:36over to these three dots and hit expand01:38view this is going to open up a new web01:39tab01:40for your metamask wallet from here what01:42you’re going to want to do is hit this01:43little colorful icon in the top right01:45corner01:45and then go ahead and hit settings once01:47you’re in your settings you’re going to01:48come down here to networks01:50as we can see over here i have the01:51ethereum main net i have the binance01:53smart chain01:54but i don’t have the matic main net so01:55let’s go ahead and hit add network01:57now we have to input all of these01:59details so network name is going to be02:01matic mainnet02:02the new rpc url i have it right here but02:05if you don’t have it there is a handy02:07little website that you can copy and02:08paste it from go ahead and copy and02:10paste02:10the rpc url make sure it is correct that02:13is very important02:14chain id is 137. currency symbol is02:18going to be matic02:19all capitals and the block explorer we02:22will02:23put right from here explore02:26matic.network just copy and paste that02:29and this is how you add any new network02:31to your metamask wallet right there’s a02:33plethora of networks that you can02:35do your decentralized finance activities02:38on02:38however matic network is one of my02:41favorites it’s pretty much the number02:42one layer to scaling solution for02:44ethereum02:44so if you don’t already have it in your02:46metamask definitely get that done02:48right away all right now that we have02:50the matic network02:51in our metamask we’re going to want to02:52head back to the ethereum main net02:54because we need to bridge our tokens our02:56erc20 tokens over to the matic02:59network layer 2 blockchain even though03:01it’s built on top of ethereum so in03:03order to do that03:04we go over here to matic.network this is03:06the official matic website03:08we go over to products then we hit03:10wallet at the top okay03:11once this new tab opens up all we’re03:13going to do is hit this button that says03:15move funds03:16to matic okay now we’re going to select03:18the currency that we want to move over03:20in this example i have 1000 matic tokens03:22i want to bridge over to the matic03:24network03:24so i’ll go ahead and hit max 1000 switch03:28to the matic network03:29hit transfer okay so moving funds from03:33ethereum takes seven to eight minutes03:35we’ll hit continue now if this is the03:37first time you’re doing this you will03:38have to pay an approval gas fee03:40all right but all i’m going to be doing03:41is hitting the deposit gas fee03:43so let’s go ahead and continue there03:46ethereum thematic03:47estimated transaction fee zero dollars03:49okay03:51so let us continue this is a 17 gas fee03:54let’s hit continue03:56so i will need to confirm this on my03:58metamask wallet so let’s actually change04:01this gas04:02to the highest because i don’t want to04:03wait too long for this video04:06hit confirm so after we confirm that04:08transaction we now have to wait for the04:10transaction to go04:11through now it said seven to eight04:13minutes i’m hoping it does go through04:15sooner we can view it on ether scan04:17and see the details so estimated 1004:20minutes04:21usually doesn’t take that long we will04:23see how long this takes04:25so they were being truthful when they04:26said seven to eight minutes it did take04:28exactly seven to eight minutes04:29however we now have our 1000 matic on04:32the matic network04:33now it is time to head over to the quick04:36swap04:36exchange the url is quick swap dot04:39exchange a little pro tip for you04:41is to go to coin gecko or coin market04:43cap and they always have the exact04:44website right there for you to click on04:46making sure that you don’t put in a04:48wrong website link04:49which could of course lead to very bad04:51things such as loss of funds because04:52there are a lot of people out there that04:54want your crypto so they go ahead and04:55duplicate websites04:56so always make sure you use the correct04:58website i will leave the link to quick05:00swap05:00down in the description below anyway05:02it’s now time to switch to the matic05:04network we are prompted to do so here05:06all right let’s go ahead and hit switch05:07switch network05:09beautiful so now we can see we have our05:121000 matic05:13over on the matic network and it’s time05:15to use these matic05:16to go ahead and buy something on quick05:19swap so for the purpose of this tutorial05:21let’s go ahead and buy some ethereum on05:22the matic network05:24let’s put in 450 matic tokens we’ll get05:27point one each so let’s go ahead and hit05:29swap05:30and then confirm swap we are now going05:31to have to confirm this on metamask05:34and we can see that the gas fee is going05:37to be05:38literally so minimal 0.002605:42matic is our gas fee and if we convert05:45that to u.s dollars that’s like05:46a fraction of a penny so compared to the05:49ethereum blockchain where you’re05:51spending you know seventeen dollars just05:52to send over your matic to east05:54be even more if you use uni swap you’re05:56paying less than a penny for a quick05:58swap05:58that is why this exchange is picking up06:01so rapidly06:02you cannot beat cheap gas fees so we’ll06:05go ahead and confirm this06:06on our device after it is confirmed it06:09should go06:10through relatively quickly we can see on06:12the matic block explorer06:16okay unable to locate this hash see06:19what’s going on here06:21okay transaction confirmed all right so06:23we have now swapped 450 matic for 0.106:26ethereum so that is how you use the06:28quick swap exchange06:29yes it is that simple keep in mind this06:32exchange has been growing06:33rapidly okay the volume in the past 2406:36hours is 52.9 million dollars06:39if we look over here the start of the06:40year january 1st06:42the volume was 15 000 now it’s 5206:45million dollars06:46this is what we call blockchain adoption06:49it is what we absolutely love to see06:51here crypto empire because we are all06:53about mass adoption and making the world06:54a better place06:55with blockchain technology okay anyway06:57now that you have06:58your two tokens on the matic network07:00it’s time to add liquidity07:02right this is the next step so over here07:03at the top you see pool you’re going to07:05hit pool then07:06add liquidity and over here we hit07:09matic is automatically selected now07:11let’s go ahead and hit ethereum07:13okay so we hit max for ethereum that’s07:16going to07:17input about 450 matic tokens no surprise07:20when we’re adding liquidity it’s always07:21going to be a one to one07:22the transaction amount will always be in07:25perfect confluence07:26so let’s approve the eth we’re going to07:28have to again use our07:30metamask wallet hit confirm so it07:32shouldn’t take too long for this07:34transaction to approve and then after we07:36do approve it we will yeah there we go07:38so now we’re gonna go ahead and supply07:40the liquidity07:41now the incentive for supplying07:43liquidity is that you do07:44receive passive income in the form of07:47transaction fees that take place when07:49people swap07:50their matic and ethereum when they swap07:52in that pair okay so let’s go ahead and07:54hit supply07:55and we can see that we’re going to be07:56receiving 5.7 matic eth07:59lp pool tokens liquidity provider pool08:01tokens08:02interchangeable names there all right so08:04we’ll go ahead and confirm this08:06transaction again08:07transaction submitted let’s wait for08:08this to go through this isn’t the last08:10step there’s still one more step to this08:12to ensure that you08:13really know how to fully utilize the08:15quick swap exchange08:16the next step is to perform liquidity08:19mining08:20now liquidity mining allows you to earn08:22quick the quick token08:24as a reward okay as we can see over here08:26in coin gecko08:27the quick swap token is currently08:29trading at 87808:31and we can earn this passively when we08:33put our head at the pillow08:35at night we can be earning these quick08:36tokens by liquidity mining08:38okay we can see that we are up 450 in 3008:41days08:42the max supply of this is only 1 million08:44tokens there’s currently only 15908:46k in circulation so yeah this is a very08:49scarce resource and being that matic is08:51the number one layer two scaling08:52solution on the ethereum network i do08:54believe that the quick swap token being08:56the main decentralized exchange on matic08:58will continue to rise in value not08:59financial advice09:00so let’s head back over here we can09:03manage our lp tokens we can see09:05how much rewards we are earning this is09:07also where you can remove your liquidity09:09and you would receive09:10your tokens back and you can face the09:12risk of impermanent loss by adding09:14liquidity so definitely be on the09:16lookout for that09:17anyway moving on let’s come over here to09:19the rewards section09:20now this is where we will be staking our09:23lp tokens to earn those quick09:25rewards so what we’re going to do is09:27we’re going to come over here to the09:29ethmatic pool and you can see that09:31there’s currently 75 quick tokens per09:33day being distributed among all of the09:35liquidity providers09:37that have their lp tokens in here so09:39let’s go ahead and hit09:40deposit and then we’ll hit deposit quick09:42lp tokens09:44we’ll hit max and then first thing we’re09:45going to do is approve the transaction09:47like always we sign it gonna pop up in09:51metamask09:52transaction is now approved so let’s go09:54ahead and deposit our lp tokens into09:57the pool again we will have to sign the09:59transaction again on meta mask so let’s10:01go ahead and do that10:04very nice all right so our lp tokens10:06were successfully deposited10:08into the ethermatic liquidity mining10:10pool we can see that your liquidity10:12deposit is currently 67510:15dollars and we will be earning 0.0016210:19quick10:20per day all right so this is just going10:21to run for us when we’re out doing our10:24thing working our day job10:25sleeping doing whatever we’ll be earning10:28those quick tokens10:29this is your full quick swap tutorial if10:31you have any questions definitely leave10:33them in the comments down below10:35i highly suggest you explore the quick10:37swap exchange10:38and get familiar with how to use this10:40interface and really play around and get10:42comfortable with it because10:43d5 is the future and you can make10:45life-changing money on d5 we are doing10:48it make sure that you do join my free10:49telegram group the link is down in the10:51description below10:52where we discuss d5 opportunities inside10:55of that group10:56so this was your full quick swap10:57tutorial from start to finish as an10:59absolute beginner even if you’ve never11:01even used the matic network before11:03i hope that you found this video helpful11:04again if you have any questions11:06be sure to leave them down in the11:07comments below also subscribe to the11:09crypto empire channel if you are not11:11already subscribed11:12and smash the like button on this video11:14and my name is connor from cryptoempire11:16and we will see you in the next video English (auto-generated)