A comprehensive study of swap with Coinbase wallet login
Coinbase wallet is a self-custodial crypto wallet that gives users full control to access it. The term “Self-Custodial” signifies that the private keys rest with the wallet holder only and not with the centralized exchange.
If you are an existing user of this wallet, you might be well-versed in its all basic functionalities. So, here in this article we will be skipping the fundamental aspect of this crypto wallet and will jump to one of the amazing available options- swap.
Well, you can swap the supported coins with the Coinbase wallet login and spread your wing in this world.
Without further delay, let’s get started.
Swapping with Coinbase wallet
The Coinbase wallet login offer users the opportunity to swap their crypto funds with a few clicks and generate passive income. You might be probably now seeking what does the term swap mean?
Well, by swap we mean “converting one token for the other” by integrating with the decentralized exchanges. In other terms, we can say that by using this feature you directly send the token to the DEXs for conversion.
Moreover, you can access this feature from the mobile app and via the wallet extension also. Learn how.
Get your desired tokens with the swap feature
After having a brief overview of the meaning of this conversion feature, let’s keep going by learning the steps on how to complete the swap via the mobile app.
- Start by app launch on your mobile device
- Move next for Coinbase wallet sign in
- Tap on the “Swap” option on the app
- Opt for the token you want to swap
- Choose the token you wish to receive and the amount
- Go through the information displayed on the screen
- Hit on “Confirm Swap” to complete the process
With these simple steps, you can swap your existing tokens for the tokens you desire for. Considering the fee charged for swaps, the wallet charges a flat 1% fee on all the swaps. This fee is used to improve the user experience and for its maintenance.
Bottom Line
Coinbase Wallet helps you to get introduced to the crypto conversion feature alternatively referred to as swap. Sometimes, you might experience the failure of a swap transaction because of the shift in the price of the cryptocurrencies you wish to convert. It is recommended to wait a few seconds (60 seconds) and then execute the same again.
If you are an existing user of this wallet, you might be well-versed in its all basic functionalities. So, here in this article we will be skipping the fundamental aspect of this crypto wallet and will jump to one of the amazing available options- swap.
Well, you can swap the supported coins with the Coinbase wallet login and spread your wing in this world.
Without further delay, let’s get started.
Swapping with Coinbase wallet
The Coinbase wallet login offer users the opportunity to swap their crypto funds with a few clicks and generate passive income. You might be probably now seeking what does the term swap mean?
Well, by swap we mean “converting one token for the other” by integrating with the decentralized exchanges. In other terms, we can say that by using this feature you directly send the token to the DEXs for conversion.
Moreover, you can access this feature from the mobile app and via the wallet extension also. Learn how.
Get your desired tokens with the swap feature
After having a brief overview of the meaning of this conversion feature, let’s keep going by learning the steps on how to complete the swap via the mobile app.
- Start by app launch on your mobile device
- Move next for Coinbase wallet sign in
- Tap on the “Swap” option on the app
- Opt for the token you want to swap
- Choose the token you wish to receive and the amount
- Go through the information displayed on the screen
- Hit on “Confirm Swap” to complete the process
With these simple steps, you can swap your existing tokens for the tokens you desire for. Considering the fee charged for swaps, the wallet charges a flat 1% fee on all the swaps. This fee is used to improve the user experience and for its maintenance.
Bottom Line
Coinbase Wallet helps you to get introduced to the crypto conversion feature alternatively referred to as swap. Sometimes, you might experience the failure of a swap transaction because of the shift in the price of the cryptocurrencies you wish to convert. It is recommended to wait a few seconds (60 seconds) and then execute the same again.
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