Tokens exchange in DeFi
In this section, we will explain in detail how to exchange tokens in DeFi
Last updated
In this section, we will explain in detail how to exchange tokens in DeFi
Last updated
When working with decentralized finance, it is often necessary to perform the operation of exchanging one token for another. If you are faced such a task, we recommend using one of the decentralized exchanges (DEX). In this manual, we will exchange tokens using the DEX 1inch aggregator as an example.
Go to app.1inch.io and connect your wallet to the service in the Polygon network;
Choose a token you are going to sell;
Enter the amount to exchange;
Choose a token you are going to buy;
Make a transaction to grant 1inch access to your tokens, wait for the completion of the transaction;
Click the Swap button, you will see the Swap confirmation window. Carefully check the transaction parameters and confirm the exchange by clicking the Confirm Swap button;
Done!
Please note that sometimes Metamask has a delay when automatically displaying new tokens, if after 20 minutes the funds are still not displayed in Metamask automatically, you can add them manually, as well as check their availability in blockchain explorers bscscan and polygonscan.
Make a transaction and wait for the completion of the transaction . After the transaction is completed, new tokens will appear on your wallet.