How to use <<Convert>>
Last updated
Last updated
With your to Ion Finance, it's time to start our first transaction (Yay! ). On ION Finance, <<Convert>> 🔄 is used to swap one token for another, instantly. You just need to choose the token you want to give and the one you want to get in exchange. Make sure you have some tokens in your wallet to make the swap.
To begin with, click on <<Convert>> feature.
Once you click on <<Convert>> this screen shown on the pic will appear. You can choose between <<Market>> order or <<Limit>> order.
<<Market>> order 💱
3️⃣ Here is possible to use the numeric input, to choose the amount of tokens you want to swap. Suppose you edit the input or the output value, in that case, the will update the other value to the corresponding amount based on the current price of the targeted token. If you input an amount superior to the amount you hold in your wallet, the message Insufficient Balance will appear.
6️⃣ If you want to adjust your swap settings, you can click on the <<gear>> icon in the top right corner of the window. From there, you can choose how much price variation you're okay with ( tolerance).
When you click <<Confirm>> it will send a request to your wallet. Then, a window will pop up asking you to confirm the transaction in your wallet. Just click "Confirm" in that window, and it will close. Wait a bit, and you'll see a green pop-up saying "Swap Successful." Great job! You've successfully completed your first swap on ION!
Be attentive to the fact that the amount and price of the order may be adjusted due to which in ION is minimized (as mentioned on <<Market Order tutorial>> above).
3️⃣ Here is possible to use the numeric input, to choose the amount of tokens you want to <<Place Order>>. Suppose you edit the input or the output value, in that case, the will update the other value to the corresponding amount based on the current price of the targeted token. If you input an amount superior to the amount you hold in your wallet, the message Insufficient Balance will appear.
When you click <<Confirm>> it will send a request to your wallet. Then, a window will pop up asking you to confirm the transaction in your wallet. Just click <<Confirm>> in that window, and it will close. Wait a bit, and you'll see a green pop-up saying "Success". Great job! You've completed your first <<Place Order>> on ION!
Be attentive to the fact that the amount and price of the order may be adjusted due to which in ION is minimized (as mentioned on <<Market Order tutorial>> above).