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Cómo intercambiar tokens DeFi en Changelly
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GuÃas útiles
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Answering popular questions about DeFi
DeFi Swap is a decentralized exchange aggregator that encompasses a wide range of decentralized exchanges’ offers to make the most profitable instant swaps within one blockchain.
Changelly FAQ
What is the difference between decentralized (DEX) and centralized (CEX) exchanges?
Decentralized exchanges (DEXs) eliminate the need for intermediaries, enabling you to trade cryptocurrencies securely and with complete control over your assets. DEXs operate on the basis of smart contracts, offering a wide range of over 3600 DeFi exotic tokens for exchange. However, these tokens can only be traded within their specific networks, such as Ethereum or Binance Smart Chain (BSC). On the other hand, centralized exchanges (CEXs) offer access to great liquidity, allowing for the exchange of over 1000 cryptocurrencies across 185+ blockchains and providing a seamless cross-chain exchange experience.
Why are exchanges available only within one network?
Currently, integration on our platform works only with decentralized exchanges (DEXs), which allows exchanges only within one network (for example, Ethereum). Soon, we will integrate decentralized cross-chain bridges that will enable exchanges through different blockchain networks as well.
Why is it necessary to allow the use of tokens?
To exchange ERC20 or BEP20 tokens, it's important to first complete the "approving" transaction. This step grants permission for our smart contract to access and utilize your tokens during the swap process. This is a standard procedure in DeFi protocols and once the approval is made for a specific token type, it will remain valid for future exchanges. Please note that this doesn’t apply to native cryptocurrencies like Ethereum or BNB.
Where can I get cryptocurrency to use DeFi Swap?
If you wish to exchange a cryptocurrency based on one network for a cryptocurrency based on another, you can do so in the Exchange section. Alternatively, for cryptocurrency purchases, visit the platform's Buy section, where you can obtain various cryptocurrencies using fiat currency.
Are there any restrictions or limitations on swaps?
On DeFi Swap, there are no restrictions on the minimum or maximum exchange amounts. All exchange rules are defined and executed through a smart contract, ensuring a secure and seamless exchange experience. If your transaction is successful, you'll receive the exchanged tokens promptly. However, if for any reason the transaction can't be executed,your original tokens will be returned to you without loss, minus a small network fee for the transaction attempt.
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