Token Swap

By: WEEX|2024/11/06 04:22:09

A token swap refers to the process of exchanging one cryptocurrency token for another, either within the same blockchain or across different blockchain networks. Token swaps can be manual, where users exchange tokens via decentralized exchanges (DEXs) like Uniswap or PancakeSwap, or automated, such as when a blockchain project migrates from one blockchain network to another and users need to swap their old tokens for new ones. For example, when a project moves from the Ethereum network to its own blockchain, users might swap their ERC-20 tokens for tokens on the new blockchain.

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