How does Swap work?
Swap is an automatic liquidity agreement. There is no need to bid or match transactions, and there are no centralized organizations and facilities to guarantee transactions. Controlled by a smart contract, each capital pool supports operations such as swapping Token and increasing liquidity.
Here take an example of exchanging ETH into ONES for illustration. Supposed there is no direct trading pair for ONES/ETH, there are ETH/USDT and ONES/USDT trading pairs. By using [Swap] function on OneSwap, users can to exchange ETH into USDT first and then exchange USDT into ONES. The process of swapping tokens via multiple trading pairs is called “multi-jump”.
How to swap tokens?
1. Visit www.oneswap.net, and click [Swap]. Click [Select Token] respectively on the left and right column.
2.On [Select Token] page, it is recommended to search the Token's Smart Contract Address and double-checking the Token name and Smart Contract Address.
3. Take the swap from 1 ETH to some ONES as an example. Here are the settings:
4. Double-check the Swap details and set reasonable Gas Fee, click [Confirm] to proceed. Then go to the connected wallet to reconfirm the swap details, click [Confirm] to authorize to complete the swap.
Tip: OneSwap will adjust Gas Fee based on Ethereum congestion situation, and it is suggested to choose "Recommended" option.
Comments
0 comments
Article is closed for comments.