Easy and seamless cross-chain swaps are a unique feature of the Magic Eden Wallet. This guide will walk you through using the Swap Tab to exchange between different currencies within your wallet.
The Swap tab
The Swap Tab allows you to swap between two currencies effortlessly. Here’s how it works:
Swap options
On the Swap Tab, you will see options to swap between two currencies.
Currency tickers
Top Currency ('I have'): This is the currency you currently hold and want to swap.
Bottom Currency ('I want'): This is the currency you will receive after the swap.
Swapping process
Select amount
You can choose to swap the minimum amount (Min), half of your balance (Half), or the maximum amount (Max). These preset options are for your convenience.
Alternatively, you can enter a specific amount directly into the number field.
Approximate amount
When you enter the amount you want to swap, the wallet will display the approximate amount of the currency you will receive.
Value in specified currency
The approximate value of the currency you will receive is also shown in your specified currency.
Switching Swap pairs
Use the two arrows to switch the swap pairs.
Swap settings
Click the gear icon to access Swap settings. Refer to this article for more information.
Swap execution
Third-party providers
Swaps are facilitated through third-party providers.
Network fee
The associated network fee will be displayed.
Proceed with swap
If you are happy with the swap amounts, click the pink "Swap" button to proceed.
Post-swap activity
History
Once successful, you will see the swap activity in your history.
Details
This section includes important information such as the Order ID, Deposit ID, and the status of the swap. The status should move from 'Pending' to 'Completed' after the required number of confirmations.
Available pairings
Most but not all currency pairs are available for swapping. Please bare this in mind when initiating your swap.
This guide provided an overview of how to use in-wallet swaps in the Magic Eden Wallet. If you have any questions, feel free to reach out to our support team by clicking on the chat widget.
This content is for educational purposes only and should not be considered financial advice or an inducement to buy, sell, or trade cryptoassets. UK users should be aware of their local regulations and ensure compliance with UK Financial Promotions regulations.