What is a DEX and how does it work?
A DEX (Decentralized Exchange) allows users to trade cryptocurrencies directly without an intermediary. It operates on blockchain technology, enabling peer-to-peer transactions that enhance security and privacy.
How can I swap assets on this platform?
To swap assets, connect your crypto wallet and select the tokens you wish to trade. The platform will provide real-time rates and facilitate the transaction securely.
What fees are associated with asset swaps?
Transaction fees vary based on network congestion and the specific tokens being swapped. Always check the estimated fees before confirming your transaction.
Is my data secure when using a DEX?
Yes, using a DEX enhances your data security as it eliminates central storage of user information. All transactions are recorded on the blockchain, ensuring transparency and safety.
Can I use multiple wallets for swapping?
Absolutely! You can connect multiple wallets to the platform. This flexibility allows you to manage assets across different wallets seamlessly.
What types of tokens can I swap?
The platform supports a variety of tokens, including popular cryptocurrencies and various ERC-20 tokens. Check the list of supported assets for the latest updates.
How can I troubleshoot issues during swaps?
If you encounter issues, ensure your wallet is connected properly and that you have sufficient funds for the transaction. For further assistance, consult the support section or reach out to customer service.