Skip to main content

​
Swapping Tokens

Token swapping allows you to exchange one cryptocurrency for another. This guide covers how to swap tokens safely using TokenFabric’s integrated solutions and recommended platforms.

​
Understanding Token Swaps

​
What is Token Swapping?

  • Direct exchange between tokens
  • Automated through smart contracts
  • Real-time market prices
  • Instant settlements

​
When to Swap

  • Converting between tokens
  • Trading opportunities
  • Accessing specific tokens
  • Portfolio rebalancing

​
Swapping Methods

​
1. Direct Swaps

Available soon on TokenFabric:
  • Built-in swap interface
  • Optimized for social wallets
  • Competitive rates
  • Simplified process

​
2. External DEX Integration

Currently recommended options:
  • Uniswap
  • 1inch
  • Other major dex & aggregators
While native swapping is coming soon, you can use any external DEX by connecting your wallet like MetaMask.

​
How to Swap Tokens

​
Using External DEXs

  1. Preparation
    • Connect wallet (MetaMask recommended)
    • Ensure sufficient balance
    • Check gas fees
    • Verify token contracts
  2. Execution Steps
    • Select tokens to swap & network
    • Enter amount
    • Review exchange rate
    • Confirm transaction
Always verify token contracts when swapping. Scammers often create tokens with similar names.

​
Best Practices

​
Before Swapping

  1. Research
    • Check token legitimacy
    • Compare rates
    • Understand slippage
    • Review gas costs
  2. Security
    • Verify platform
    • Check wallet connection
    • Review permissions
    • Start with small amounts

​
During Swap

  1. Verification
    • Double-check tokens
    • Review rates
    • Check impact
    • Confirm gas fees
  2. Execution
    • Set reasonable slippage
    • Monitor transaction
    • Keep transaction hash
    • Verify receipt

​
Understanding Swap Mechanics

​
Key Concepts

  1. Slippage
    • Price movement tolerance
    • Usually 0.5-1% default
    • Higher for volatile tokens
    • Lower for stable pairs
  2. Price Impact
    • Effect on market price
    • Larger for big trades
    • Consider splitting orders
    • Watch for high impact

​
Common Issues

Solutions:
  • Adjust slippage tolerance
  • Split into smaller trades
  • Wait for better conditions
  • Check token liquidity
Check for:
  • Insufficient gas
  • High price impact
  • Network congestion
  • Token approval needed
Options:
  • Reduce trade size
  • Split into multiple trades
  • Try different pairs
  • Wait for better liquidity

​
Risk Management

​
Safety Tips

  1. Token Verification
    • Check contract addresses
    • Verify on block explorers
    • Research token projects
    • Watch for scam tokens
  2. Trade Safety
    • Start with small amounts
    • Use trusted platforms
    • Monitor transactions
    • Keep records

​
Advanced Topics

​
Token Approvals

  • Understand allowances
  • Review permissions
  • Revoke when needed
  • Monitor active approvals

​
Route Optimization

  • Compare DEX rates
  • Check gas costs
  • Consider direct routes
  • Use aggregators

​
Next Steps

Continue learning:
  1. Explore bridging networks →
  2. Learn about token metrics →
  3. Start creating assets →

Need Swap Help?

Join our Discord for real-time support and trading tips.

​
Quick Reference

​
Swap Checklist

  • Verify token contracts
  • Check exchange rates
  • Review gas fees
  • Set appropriate slippage
  • Confirm wallet balance
  • Monitor transaction
  • Verify receipt
Save gas by swapping during low network congestion periods and using optimized routes.