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To swap assets on 1inch, perform the following steps:
Go to the 'exchange' section on https://app.1inch.io/ ;
Click on the “connect wallet” button in the upper right corner. You will find detailed instructions on how to connect your wallet here;
In the drop-down menu, select the token you want to swap and type in the amount in the ‘you pay’ field;
In the ‘you receive’ field select the token you want to get;
Click "Give permission to swap" This "approval" transaction is step 1 of 2 for swapping, and costs a small gas fee. It only gives permission, and is not the actual swap.
Adjust slippage tolerance, gas price or enable the 'partial fill' in the settings;
Hit the 'swap token' button, and confirm the transaction in your wallet ;
A few safety precautions:
***You can enter a different wallet address as the receiver of the swapped tokens; however, it cannot be a "hot wallet" from a centralized exchange (like Binance or Coinbase). Certain centralized exchanges and bridge protocols do not allow deposits from contract addresses.
Also, do not set the receiver address as the token contract, as your tokens will be lost.
If you set the receiver address as a centralized exchange or bridge wallet, your tokens may be lost and not recoverable.***
If you have any questions or uncertainties before swapping, please don't hesitate to reach out to us in the LiveChat on app.1inch.io. We would love to help!
Wait for the banner in the upper right corner informing you about the success of your transaction.
Congrats! You have just completed a swap.
If you run into any errors or issues along the way, check out this article, or contact us in the Live Chat!