Swap
Learn everything there is know about our Swap feature
The main purpose of BetterSwap is of course to swap one token for another token. Since we are an aggregator, we will look for the best trading route to give you the best ratio possible.
Let's have a look at the Swap page.
From
In the From section, you select the token and the amount you want to trade (sell) for another token.
To
In the To section, you select the token you want to receive (buy) with the other token.
Token input
When you use the token input from the From field, the To input will be automatically populated. However, you can also do it the other way around.
Select the token input area, and type the amount of tokens you want to buy.
In the example below you can see we first type in the From field. This populates the To field. Then we remove the input, and change it too 1000 in the To field, which populates the From field.
Always pay attention to the $ value of your input to prevent user error
Use the big round switch button to easily switch the amounts of the From and To input fields. It will use the amount you typed in last. When you typed in 1000 VET in the From field, and use the switch button, the 1000 VET will go to the To field (and not the auto-populated value).
Swap
When both the From and the To fields are populated, you can click on the big Swap button at the bottom to execute the trade. This will open your wallet software where you'll need to approve the transaction.
Slippage
In the right-top, you can set the maximum slippage. We have some default options for 0.1% | 0.5% | 1.0% and a custom option.
When using the cart feature, make sure to allow for a higher maximum slippage, or the transaction simulation will show it as red (reverted) in the cart dialog window.
Route
Below the Add to Cart button you'll find some additional information regarding your swap. When you hover on one of the three options, you'll see some additional information.
The route will preview the route the token swap will use to make the trade possible. Since we are an aggregator, the route could go via any DEX on VeChain, even multiple on the same trade!
Price impact
Price impact refers to the change in the market price of a token caused by the execution of your trade. It is directly related to liquidity and trade size—larger trades relative to the available liquidity will result in higher price impact.
On BetterSwap, we care about our users. That is why we visually warn you when the price impact is high.
Below 5% ⇒ Normal color
Between 5% and 10% ⇒ Orange color
Above 10% ⇒ Red color
To limit price impact, we advise to split up a bigger trade into smaller ones.
Trading fee
This will show you the trading fee of the swap you are going to perform. BetterSwap takes a 0.5% fee for the aggregator + routing DEX fees. Our aggregator helps you save more than the fees you pay by optimizing trade execution.
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