One of our most requested features, Swapping allows you to save time by selling one asset directly into another.
To use this, simply select "Swap" from the top bar on any of the Asset pages selected from the "Trade" tab on the left hand menu and use the instructions below to complete your asset swap.
What is a swap order?
Put simply, a swap order is an automated process that allows you to sell one asset and buy another asset in one order. For example, if you want to sell your Bitcoin and buy Ethereum, you can use Swap to complete it in one transaction instead of placing two separate orders.
Can I swap any asset?
Yes, you can swap any cryptocurrency asset you currently hold on the platform to any other cryptocurrency we actively list!
Please note that if you are using BTC as your base currency you cannot swap from another asset to BTC. For more information on this one, please see our article outlining the use of the base currency function here.
Can I swap from fiat-to-crypto or vice-versa?
No, you can only swap from crypto-to-crypto. Swapping from or to fiat is not supported. If you do wish to sell into fiat you can simply execute a sale of the asset you hold here via the "Sell" function underneath trade on the left hand menu.
What fees apply when doing a swap order?
All swap orders executed will incur a 1.2% fee. This fee is charged as you are essentially placing 2 orders: A sell order for the asset you are swapping from; and A buy order for the asset you are swapping to.
As both of these orders incur a 0.6% fee each, the total fee for swap orders 1.2%.
You can view the fee breakdown when you confirm the Swap order (see below)
If you have any further questions or if this article didn't help, please let us know via live chat.