How to Trade

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What's Slippage tolerance?

Before you exchange any tokens, please make sure you have visited their website and understand if they have a transaction fee mechanism (or tax). If they do, ensure that the slippage you set is enough to accommodate the transaction fee. For example, if the transaction fee is 5%, your slippage must be set at least 5% plus the normal trading slippage, depending on your trading amount and token liquidity, such as 5.5%~6%.

For instance, if you are swapping $1 BUSD for $1 USDT and you set a slippage tolerance of 10%, you would receive a minimum of $0.9 USDT.

Different tokens may have taxes involved, so slippage is also often used to account for token taxes. You need to set slippage to exchange tokens smoothly!

Slippage does not represent taxes; it represents the minimum amount of tokens you are willing to accept.

What's Gwei?

Gwei refers to the gas price unit used to pay miners for the cost of packing data on the blockchain. The higher your unit price, the more likely miners will prioritize packing and processing your transaction data!