Swapping allows you to trade one asset for another in a single transaction.

For example, using a swap, you can exchange Bitcoin for Ethereum in a single step rather than making two separate trades.

You can swap any cryptocurrency listed on the platform for another. However, if your base currency is BTC, you can't exchange other assets for BTC.

A 1.2% fee is charged when you swap one asset for another, calculated as the fee for two separate trades: a sell and a buy.

The fee breakdown will be shown when you review your order details.

How to swap crypto on Swyftx

• App

  1. Select  Swap from Quick actions.
  2. Choose the assets to trade from and to, and select the amount of your 'from' asset to spend.
  3. Select Review order details, then Place order.

• Web

  1. Expand the side menu and select  Trade.
  2. Choose the assets to trade from and to, and select the amount of your 'from' asset to spend.
  3. Select Review order details, then Place order.