Faast portfolio- Finally an easy way to manage and trade your crypto investments
Faast portfolio wants to be a faster and easier way than Shapeshift to exchange and even organize all of your crypto investments.
Faast portfolio makes this whole process very simple by allowing you to connect your MetaMask, Trezor, or Ledger wallet to the Faast portfolio and quickly swap between coins securely without needing to visit any exchanges. The Faast portfolio also includes the Mist Browser and Parity plug-ins as well. You could also use a keystore file, but this probably isn't recommended.
In order to begin using Faast, you simply connect your MetaMask, Ledger, etc. wallet and begin trading your current holdings for the coins you want right away without needing to exchange your holdings for BTC/ETH etc. first. There is also no membership or sign-up required.
Shapeshift already allows you to exchange one coin for another, but with Faast you can choose from over 100 supported tokens with more to come. With Faast you are able to choose the coin you want from a list, exchange it, and then within a few minutes you'll have a well-diversified portfolio/pie chart that will show all of your current holdings. Also, Faast mentions that all of your tokens stay safe as the swap happens over the Faast network before being sent to your Trezor wallet, etc.
In fact, the only downside to Faast seems to be that it is not completely free, they charge a small fee to conduct trades, but this is nothing new. On their website Faast compares a $100 swap between Aragon (ANT) and Aeternity (AE) and shows that you're left with about $95 after the exchange. Faast portfolio is still in Beta, but I think I'll start using it soon.
Faast portfolio: https://faa.st/portfolio/connect
Company website: https://faa.st/
Loving the simplistic framework you guys created for it. It could redefine the way we handle different accounts and trust me so many users will sign up due to it's low barrier to entry. You can literally choose your preferred way to add a wallet rather than being forced through 1 entry. Great job guys!
Whoa! I've never seen this before.
I'm not a big fan of coins swapping, but I'm always willing to learn about new products, thanks. You mention Shapeshift.io, but there are others also offering the same service such as @blocktrades, Changelly.com, and ChangeNow.io (which is the only one allowing to swap LoMoCoin as far as I'm aware of).
Also as a complementary to your article, it reminds me that two days ago, Trezor announced in their newsletter that it had successfully being integrated to MetaMask:
Really very valuable
Simplified coin swaps as described in the article, and decentralized exchanges are the future. As soon as the cryptoworld begins departing from the ancient fiat ecosystem, these solutions will be awesome and effective. Thank you for the article!
Nice post.I like, thank you the4thmusketeer
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Thanks
Very informative post.
Allows Cross-Chain Swaps With long list of Tokens. But all ERC 20 supported platform are now difficult to transfer for high gas price
"Faast compares a $100 swap between Aragon (ANT) and Aeternity (AE) and shows that you're left with about $95 after the exchange. "
That's 5%.
Yeah, it's 5% but it seems reasonable to me considering that you don't always get a fair price for coins you trade and the high withdraw fees on some exchanges.
Nice post man! My Steemit has been picking up a bit recently, what do you think about it?