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Easily Convert Your Crypto with Klever Wallet

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Hey crypto friends!

Let’s dive in on the world of swap crypto tokens. With a Web3 wallet like Klever Wallet, exchanging one cryptocurrency for another is straightforward and secure. You can stay within the safe environment of your blockchain wallet, cutting expensive fees and eliminating the need to send tokens to another address. Let’s understand more about how easily you can convert your crypto assets with a Klever Wallet. 

What is swap crypto?

Swapping crypto means exchanging one cryptocurrency for another within a range of available trading pairs, without the need for the user to go to a currency exchange or exchanges (CEX or DEX). In a swap, the user exchanges their coins on the platform itself, without the complexities of an exchange such as an order book and Know Your Customer (KYC), which is mandatory in all centralized exchanges. Such a process enhances security via the elimination of third-party participants. Moreover, individuals carry out this process to pay lower fees and save time. 

For instance, at VoxSwap, the user has all the interface and advanced tools of an exchange, like swapping with a limit price, but without the need for registration. The DeFi platform allows the user to connect other wallets to the platform, such as MetaMask, TronLink, WalletConnect, and Pali Wallet. If the user does not want to connect any wallet, they can still take advantage of the benefit of swapping on the go.

Why should you swap crypto?

There are many reasons why you might want to swap from one crypto to another.

  • Swap to a smart contract enabled chain: this allows you to use decentralized features and applications that are not available on other chains.

  • Swap to a lower transaction fee chain: this can save your money on transaction fees, especially if you make a lot of transactions. 

  • Diversify your portfolio: swapping between different cryptocurrencies can help diversify your investments and reduce risks. 

  • Swap to a stablecoin: this can protect your value against market volatility by keeping your assets in a stable currency.

How Does Crypto Swap Work?

The main flow of making a swap on VoxSwap consists of:

  1. The available pairs are defined by the viability of the providers that the Swap uses.
  2. Using the available pairs, the user will get a quote.
  3. They choose the amount they want to Pay (You Pay) or Receive (You Receive) in VoxSwap.
  4. They can choose the Slippage.
  5. Enter the amount (at this point the quote is made).
  6. Proceed to payment. Upon confirmation at this moment, the user’s transaction goes to the blockchain.
  7. The swap platform will execute the exchange using some of the providers.
  8. After that, they receive the promised amount (approximately) at the address provided in “You Receive”.

How to Swap on Klever Wallet

Step by step to swap a crypto on Klever Wallet:

  1. Open Klever Wallet and go on swap tab, on the bottom of the page;
  2. Select the pair of crypto you wanna swap and the value. After, click next;
  3. Put the address receiving and click next;
  4. Finally, you just click the confirm button and the process is completed.

Crypto Swap vs Crypto Exchange

Choosing the best opportunity to exchange your crypto is crucial and can save you a lot of money if you choose wisely.

Swaps: is a process that involves the swap of one cryptocurrency token or coin for another without the need for third parties, a simpler and cheaper way to exchange one cryptocurrency for another.

Exchange: Crypto exchanges are indispensable when buying cryptocurrencies with fiat money. These platforms often charge higher fees than crypto swaps due to their centralized nature and the need for intermediaries like banks and credit card providers. However, they also offer a wide range of tools for trading crypto. Choosing an exchange that fits your financial needs is important, and you should always do your own research before investing in any asset.

Easily Convert Your Crypto with the Klever Wallet 

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Klever Wallet is a multichain web3 wallet designed for a simple and secure management and swap of various cryptocurrencies. It offers an intuitive interface, suitable for both beginners and experienced users. Here is how you can convert your cryptocurrency using Klever Wallet. Remember that this applies to any pair you choose. You can select DOT-USDT or USDT-DOT to either buy DOT or sell DOT. This also applies to any other cryptocurrency available on Klever Swap.

Download Klever Wallet today and enjoy over 550 trading pairs available to Swap inside wallet. Klever is the safest web3 wallet to swap crypto with confidence with extremely low fees and a slippage control mechanism, to help you handle price volatility. Take control of your financial life with a self-custody crypto wallet.

Be your own bank – Be Klever.  

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