Trading cryptocurrencies while staying on your twitter account interface will now be possible thanks to a new feature. In fact, Mask Network has just launched a widget that allows social network users to directly access market data and trade Ethereum-based tokens. The implementation of this widget was made possible thanks to a collaboration between Uniswap and CoinMarketCap.
A service soon to be extended to Facebook
According to the announcement made through a tweet, it is expected that the widget is automatically displayed when a user hovers over a “$ + ticker” like $ ETH or $ UNI while browsing. He will thus have access to a window containing market data and an interface allowing to negotiate on Uniswap. Faced with the first positive feedback, Mask Network indicated that users of other platforms should soon be able to experience the same. The company plans toextend the service to other social media such as Facebook as well as decentralized finance ecosystem (DeFi) protocols.
Other functions available on the widget before 2021
Users of Mask are expected to see a new version of the service go live in less than two months. It should introduce to the widget a yield aggregator, portfolio analysis as well as initial offering functions which will be available on Twitter. However, no statement has yet been made as to what all of its new functions should be used for. The widget should also offer the possibility ofperform peer-to-peer payments, token issuance and access to decentralized storage functionality to web users 2.
Past experiences with the widget on Twitter
At the time of its launch in 2019, Mask Network already offered a widget allowing Twitter and Facebook users to encrypt messages on platforms. There followed the emergence of other functions related to the cryptocurrency environment, including the news of certain events. One of them thus served to detect all tweets containing a Gitcoin URL. For example, this allowed the user who launched the search for make direct deposits in a crowfunding campaign. Again, the action could be quickly done with one click without having to leave Twitter.
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk.
Like other social networks, Twitter is currently a source of real-time information on the latest trends or news relating to cryptocurrencies. This important data also allows its users to seize timely opportunities on the market where the interest of this widget.