How it Works
For example, lets exchange Bitcoin(BTC) to Ethereum(ETH)
01
Choose the Cryptocurrencies to Exchange
- Navigate to the exchange page. Find the "Exchange" section on the homepage.
- Select BTC as the cryptocurrency you want to send. This will be your source cryptocurrency.
- Select ETH as the cryptocurrency you want to receive. This will be your target cryptocurrency for the exchange
02
Enter the Amount
- Input the amount of BTC you wish to exchange into the appropriate field. You can also enter the amount of ETH you wish to receive, and the system will automatically calculate the equivalent amount of BTC needed for the exchange.
- Ensure the exchange rate meets your conditions. SWPCON displays the current rate on the exchange page so you can see how much ETH you'll receive for your BTC.
03
Initiating the Exchange
- Click the "Exchange" button after selecting your cryptocurrencies and entering the amount.
- Review the exchange details on the next page. SWPCON will show you the amount you will receive, fees, and the exchange rate.
- Confirm the exchange on the following screen. Make sure all the information is correct and that you agree with the terms of the exchange.
04
Sending BTC
- Receive the address for sending BTC. After confirming the exchange, you will be provided with an address to send your BTC.
- Send BTC from your wallet to the provided address. It is crucial to use the exact address shown on the exchange page.
- Wait for network confirmations. The platform requires a certain number of confirmations on the blockchain for your BTC to be successfully received. The confirmation time depends on the network and can vary.
05
Receiving ETH
- After receiving BTC at the specified address, SWPCON will start processing the exchange. Your transaction will be processed, and once the required number of confirmations are received, your ETH will be transferred to your wallet.
- Check the status of the exchange on the "History" page or "История" on the SWPCON website to see when the exchange is complete.
06
Completing the Exchange
- After the successful completion of the exchange, check your wallet to confirm that the ETH have been credited to your account. You will also receive a notification about the completed exchange via the email used during registration.
- Finish the process and use your received ETH as needed.