How to Trade
Last updated
Last updated
Trading on Baptswap is designed to be straightforward and user-friendly, with a streamlined process that minimizes complexity and automatically handles calculations for you.
Aptos-Compatible Wallet: Before trading, ensure you have an Aptos-compatible wallet. Learn how to get one here.
APT Tokens: You'll also need APT tokens for trading. Instructions for acquiring APT tokens are available here.
Navigate to the Baptswap exchange here.
Unlock your wallet by selecting "Connect" in the top-right corner. If you haven't connected your wallet yet, follow this guide.
Select 'From' Token: Choose the token you wish to trade from the dropdown in the "From" section. Ensure you have a sufficient balance, which is displayed above the dropdown.
Select 'To' Token: In the "To" section, choose the token you want to receive. Enter the amount in the input box, and the corresponding "From" amount will be estimated automatically.
Initiate Swap: Verify the details and click "Swap".
Confirm Details: Review the information in the pop-up window and click "Confirm Swap". Your wallet will prompt you for final confirmation.
Completion: Once confirmed, you can view the transaction on the Aptos Explorer.
Ensure you have sufficient APT for gas fees, which fluctuate based on network traffic. Learn more about gas fee here.
Check if the tokens you're swapping have any fees or restrictions. Tokens on Baptswap may include a transaction fee in their contracts for various purposes, such as funding a treasury or rewarding stakers.
Research tokens beforehand to understand any transaction fee mechanisms. Adjust your slippage settings to accommodate these fees. For example, a 5% transaction fee may require a slippage setting of at least 6%-7%.
By following these steps and being aware of token-specific fees and restrictions, you can enjoy a smooth trading experience on Baptswap. Always stay informed about the tokens you trade to ensure successful transactions.
