The Step-by-Step Guide on How to Swap Tokens at Hodlnaut
Hodlnaut is glad to introduce a new feature, “Token Swap,” that allows users to trade between different assets within the Hodlnaut platform. This feature enables users to choose the type of asset in which they would like to earn interest. Users can also manage their portfolios as per their choice and rebalance their asset holdings without leaving the Hodlnaut platform.
Moreover, the new feature makes the user experience effortless as they don’t have to spend on transactions between wallets. The result is a streamlined and hassle-free experience without paying any double fees! (PS: The Token Swap feature is currently available for non-Singapore users).
We have designed a step-by-step guide to help you use Hodlnaut’s Token Swap feature. Let’s dive right into it!
How do I use the Token Swap feature?
Step 1: Log in to your Hodlnaut account and click on Token Swap
Login to your Hodlnaut account and click on the Token Swap Tab on the top right corner. This will open the Token Swap interface wherein you can choose to pay and receive the crypto of your choice provided that you have sufficient balance in the chosen asset. If you don’t have any balance tokens, then you will get a prompt indicating insufficient funds.
Step 2: Choose the tokens you would like to swap
You can choose the token you would like to swap from the drop-down menu. For this example, we have chosen to pay in BTC and receive in USDT. Once you have chosen the coins, enter the amount which you would like to pay.
Step 3: Review Quote
The next step is to review the quote before you place your order.
Note: The quote is valid for only 30 seconds for you to review and once done, you can click on “Place Order” to enable your transaction.
Step 4: Place your order
Once you place an order, you will get an order confirmation with the details of your transactions. At this point, you can either opt for a new quote or check your order history.
Step 5: Order History
You can click on the order history to view your order’s details, which will look something like this.
Step 6: Check Transactions
If you wish to check all transactions, you can go to the accounts settings and click on Transactions, fetching the list of all transactions you have done.
The above steps will help you use our Token Swap feature effectively. It is an excellent way of earning interest in different assets while using Hodlnaut. We hope you enjoy this feature just as much as we loved building it for you!
Let us know if you have any questions or difficulties when using the feature by sending an email to email@example.com and we’ll get back to you as soon as possible.