The new Token Swap feature is now available on the DePocket dashboard. This allows you to easily and quickly exchange one token for another, without having to go through a third-party exchange. Simply select the tokens you wish to swap, and enter the amount you want to swap. The Token Swap feature on the DePocket dashboard is a very useful tool that allows you to swap any asset right from the platform and at the lowest fees. You can use it to exchange your tokens for another cryptocurrency. It’s a great way to get the most value out of your assets and make sure you always have the best possible exchange rate.
In this blog post, we will go over the token swap feature on the DePocket dashboard and how you can use it today. Stay tuned for more information on how to take advantage of this exciting new development in the DePocket universe!
Now let’s go over exactly how you can use this exciting new feature in detail:
Load the DePocket app and connect your target wallets on the dashboard if you have not done so already. It is advised to use the ‘connect to Metamask’ fast-connect button for a quicker and safer process. Now that your wallet is connected, click on the exchange button on the collapsible menu at the left of the screen. From there, select a token you own in one of your wallets and a token you want to exchange to, from our large menu of choice.
On DePocket’s swap exchange, you’re able to swap to over 2000 tokens, using the best quotes from over 20 sources. For the purpose of this tutorial in the video you’ll find attached to this article, we have chosen to swap BUSD to AUTO. Make sure that you have enough BNB in your wallet to pay the swap fee. Once you’ve chosen, you can select an exchange and see the exact rate at which your token will be exchanged. You also have access to a variety of information, such as the minimum received, the slippage tolerance, and the transaction cost.
If you love to pay attention to details, just like we do here at DePocket, you’ll see that transaction settings are available so you can tailor-make a bespoke transaction just as you desire it. You will be presented with four different options namely: Slippage tolerance, different gas settings that represent the speed at which you want to proceed with the transaction, the liquidity sources, and the option to activate or not Infinite allowance.
Once you are ready to confirm the exchange, click on the button and accept the transaction through the pop-up window. You should soon see a notification announcing that the swap was successful. From there you should be able to go back to the dashboard, reload the page and see the tokens you’ve just acquired! Fast, simple, convenient and secure. Just the way we like it here at DePocket!
The Token Swap feature on the DePocket dashboard is a very useful tool that allows you to swap any asset right from the platform and at the lowest fees. You can use it to exchange your tokens for another cryptocurrency. It’s a great way to get the most value out of your assets. Connect your wallet today and start swapping from the comfort of your dashboard!
