Tokens swap
You can exchange tokens held by Burrito Wallet for other tokens. Use the 'swap' function to exchange tokens conveniently.
step 1 Check token to swap
Please select the 'swap' button on the main screen.
step 2 Specify token and amounts
Enter the token to send and the quantity and specify the token to receive. After that, press the 'Calculate swap estimate' button.
step 3 Token approval
When you swap each token for the first time, you have to go through the token approval stage once. After initial approval, the step does not reappear.
*note: If you have multiple wallets, each wallet must go through the corresponding steps.
step 4 Check quotation and execute swap
Please check the calculated estimate. To compare with other quotes, press the Quotation > button.
step 5 Check quotation comparison
View the various swap estimations at a glance.
step 6 Check the quotation details
You can check the details of the estimate by selecting the estimate you want to check.
step 7 Swap Execution and Precautions
Select the quote you want and return to the swap quote confirmation screen, and press the 'Execute Swap ' button. The Swap Notes window will appear. Be sure to check out the important precautions when using the swap service!
step 8 2nd authentication
Please enter your password for secondary authentication.
step 9 Send swap transaction
After the second authentication, the swap transfer begins. In the process of sending the swap transaction, it may take some time depending on the blockchain network situation.
step 10 Swap complete!
Swap complete! You can check the swap completion screen. If you are curious about the details, please click ‘Check transaction details’.
step 11 Check Swap Details
If you click ‘Check transaction details’, you can check the details of the swap transaction.
*note: Please check the precautions and notes related to swap!
Swap failures can sometimes happen.
- Insufficient network fees
When a transaction occurs on the blockchain, network costs are incurred.
Please make sure you have enough tokens to pay for the network.
- If fee fluctuations are large
If there is a large change in fees at the time of transaction request and transaction execution, there may be cases where the balance is insufficient and fails.
- If it's a blockchain network problem
Transactions may fail due to blockchain network errors.
In this case, please try again later.
When transactions occur on the blockchain, network costs are incurred.Please make sure you have enough tokens to pay for the network.
Slippage
- What is Slippage?
Slippage is the difference between the price you want to trade and the price you actually traded.
- You can also check related information within Burrito Wallet.
Transaction fee
- Transaction fees are fees incurred in the process of block creation and transaction processing in the blockchain system. This not only protects the network from spam attacks, but also provides incentives for validators.
- Transaction fees may vary depending on network traffic. If you see different transaction fees from time to time, that's likely the reason.