crypto

The most frictionless experience to search and trade over 7 million tokens across 130+ DEXes and 10 chains. It happens on /matcha 🍵.

Swap now: matcha.xyz

Just did a test to see where I should exchange my money...

it seems that onchain foreign exchange is cheaper than offchain after fees

A comparison of swapping 1000 USD to EUR:

Llamaswap (via @matchaxyz): 894 euro (USDC -> EURC -> offramp for free via bitstamp)
Bank 1: Revolut: 885.23 eur
Bank 2: Bunq: 890 euro
Bank 3: Wise: 890 euro
Exchange Xe: 881 euro

Building FOSS via @frames, /open-frames to help decentralized social win. a16z CSX23. farcasterchannels.com farcaster.id

And the other direction is also cheaper onchain (in case there was a temporary depeg)

1000 EURC -> 1114 USDC via matcha
1000 EUR -> 1109 USD via Wise

Sick! Thank you for sharing!! Can you try again with 20k? 😛

just shows how much these banks are always taking from us. Not to mention the speed on which the tx are made, onchain is faster always