Swap Coin’ler

First, navigate to the page of the coin that you wish to swap. You will see a converter between a selection of two coins on the right side of the page, and the option to “Swap on CoinMarketCap.” Once you click to swap, you will be able to select the cryptos that you wish to swap and the amount.

Similarly, in cryptocurrency, a “Swap” refers to exchanging one cryptocurrency you hold for the equivalent value of another cryptocurrency . To complete a Swap, most likely you will use a (normally centralized) service. This is similar to a trade, with the primary difference being that zero fiat currency is involved.

A token swap is an agreement between two parties that exchange different token types (say token ???? and token ????). In a token swap, one party will pay a certain amount of token ???? to the other party and receive the agreed amount of token ???? in return .

Token swaps are supported through a process of registering and auditing or are facilitated through a cryptocurrency exchange . In the first case, token holders are gradually invited to register their tokens by the developer of a blockchain project, who then accredits such tokens through a supported wallet.