Cryptocurrency Q&A How does simple swap work?

How does simple swap work?

Carolina Carolina Wed Mar 19 2025 | 5 answers 1305
I am trying to understand how a simple swap works. I want to know the mechanism behind it and how it operates. How does simple swap work?

5 answers

DaeguDiva DaeguDiva Fri Mar 21 2025
Following the selection of the asset to be swapped, users must choose the asset they wish to receive in return.

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CryptoPioneer CryptoPioneer Fri Mar 21 2025
After deciding on the receiving asset, traders need to input the amount they want to exchange and provide the wallet address where they want to receive the funds.

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Nicolo Nicolo Fri Mar 21 2025
Once these details are entered, the user will be presented with a depositing address. This address is where they must send the cryptocurrency they wish to sell.

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BlockchainLegend BlockchainLegend Fri Mar 21 2025
Traders can easily utilize the platform by selecting the asset they intend to exchange.

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Tommaso Tommaso Fri Mar 21 2025
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options. These services cater to the needs of various traders looking to buy, sell, or hold their digital assets.

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