Newly Launched WordPress Plugin Allows Anyone to Launch Crypto Exchange Powered by Totle.
The new totle widget type of wordpress plugin was developed by Alon Goren, Founding Partner at Draper Goren Holm. Following its release on Wednesday, the plugin have gained a lot of interest from web designers.
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According the Alon, the totle widget type of plugin allows anyone or any blogger, web designer, to create a customized Cryptocurrency Exchange under few minutes.
From the information obtained from the website, the plugin was developed using Totle’s API, to allow anyone, add a Decentralized Cryptocurrency Exchange to their wordpress website.
The installation process is very easy. You can install the plugin just the normal way, and then add it to your post or page using a shortcode.
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How the Plugin Works:
You have to download the plugin zip file from the wpcryptoexchange website. Once you are done downloading, you can easily add it with a shortcode on pages and posts that you want.
Meanwhile, to earn fees, you can set it from the admin dashboard by pasting your Totle partner contract address. You will need to sign up as a Totle partner to be able to use this feature.
The plugin is based on the TOTLE widget and TOTLE API. It works by routing trades to the decentralized exchange to get the best current prices for you.
This means that it is already integrated with metamask, brave and all other popular web3 wallets. It also works on mobile device through the trust wallet app, coinbase wallet, opera mobile browser app and others.
Totle’s API provides developers, the tool to integrate aggregated exchange functionality into a product for ethereum and most popular ERC-20 tokens like WING and BAT.
The wordpress plugin can execute crypto swaps, send payments, fetch price data on asset pairs and query Totle exchange for the needed data.
“Totle has always been focused on making decentralized exchanges more accessible and easy to use,” said David Bleznak, founder and CEO of Totle.
Binance offers similar service through binance exchange widget. The Exchange widget can also fetch price data on asset pairs and routes orders to the binance exchange platform to be processed.