[App] Swap Guide
Swap User Guide for NEOPIN App
Last updated
Swap User Guide for NEOPIN App
Last updated
Go to the [Trade] tab > click [Swap] tab on top
Select the [Network] button to select the network of the token to be swapped.
Currently available networks: Ethereum and Kaia
Click the token icon in the [From] column to select the token to swap. And click the token icon in the [To] column to select the token to be swapped for.
Enter the amount of tokens to be swapped
Swap will proceed only when you have more than the amount of tokens you wish to swap
Click the [Swap] button and review the "Estimated Summary".
Please review the exchange rate, minimum swappable quantity, fees, and exchange route before proceeding with Swap.
After careful review, click the [Confirm] button and enter the PIN Code to complete the swap.
Exchange Rate
Swap transactions are based on the expected exchange rate, which may be different from the actual exchange rate.
The larger the amount you swap at one time, the greater the fluctuation in the expected exchange rate.
Therefore, please carefully review the difference between the actual and expected exchange rates.
Min. Trading Amount
This is the minimum guaranteed amount you can receive through the Swap.
Since the exchange rate is calculated in real time during the swap process, the expected exchange rate may differ from the actual exchange rate.
Min. Trading Amount indicates the minimum amount of swaps that will be guaranteed even if this difference occurs.
However, if the actual swap amount is less than the minimum swap amount indicated, the swap will be canceled.
Amount Difference
The amount of tokens received after completion of the swap may differ from the expected quantity.
Swap will proceed only when you have more than the amount of tokens you wish to swap.
Please check the exchange rate, minimum swappable quantity, fees, and exchange route when proceeding with swaps.
What is slippage? If multiple users are swapping at once, the exchange rate will fluctuate rapidly, resulting in a difference between the actual amount and the expected amount. This difference is called slippage, and you can set the slippage range as you proceed with Swap. However, if the slippage exceeds the set allowable range, the swap will not proceed.
Tap the [Settings] button at the top right of the Swap screen to set the slippage tolerance.
You can set your slippage tolerance by choosing the default setting of 0.5%, selecting a different number, or entering it manually.
When setting the slippage tolerance, if too low or too high a value is set, the transaction may not proceed or a loss may occur.
