How to swap natively on Coin98 Extension

Coin98 Extension supports users in trading natively on 7 blockchains: Ethereum, BNB Smart Chain, Polygon, Avalanche C-Chain, Arbitrium, Solana, and Optimism.

Step 1: On the main screen, select the Swap icon at the bottom.

Step 2: Select the wallet containing the token/coin you want to swap.

Step 3: Select the desired blockchain then choose the trading token from the list. For those tokens that haven’t been listed yet, you can paste the Contract Token and swap as usual. We will use the USDT/BNB trading pair for example.

Step 4: Adjust the slippage tolerance if needed. The default slippage rate on the wallet is 0.5%. This is one of the most common reasons for swap failures, so it's important to customize it to ensure the highest success rate.

Step 5: Click Approve/Swap. Carefully read the information below before deciding to trade:

• Rate & Inverse rate: The price ratio of the 2 tokens.

• Slippage Tolerance: The difference between the price at the confirmation time and the actual price of the transaction you are willing to accept when swapping on AMM

• Price impact: Estimated % difference in price when swapping compared to the displayed price.

• Fee:

  - Liquidity Provider Fee: The amount that will be used to pay the liquidity providers.

  - Protocol Fee: The amount that will be used to find the best route. The fee is charged by Stormlink and is approximately 0.1% of the total amount by default.

  - UI fee: The fee for the swap interface and operation. The fee is charged by Coin98 and is approximately 0.5% of the total amount by default.

• Gas: A feature that allows you to adjust the amount of Gas fee (transaction fee) according to your needs by sliding the bar.

Step 6: If you agree, click Swap to finish.