Swapping Tokens
Swapping Tokens on Butter Swap
Swapping tokens on Butter Swap is a straightforward process designed for both beginners and experienced traders.
How to Swap
Select Tokens: On the Swap page, choose the tokens you want to exchange.
Enter Amount: Input the amount of the token you wish to swap.
Review Swap Details: Check the estimated rate, slippage, and fees.
Confirm Swap: Execute the swap by confirming the transaction in your wallet.
Swap Fees
When you swap tokens on Butter Swap, you pay a fee based on the tier associated with the token pair. The fee tiers are as follows:
0.01%: For highly stable pairs, often involving stablecoins.
0.05%: For pairs with relatively low volatility.
0.3%: Standard fee for most pairs.
1%: For pairs with high volatility or less liquidity.
These fees are paid to liquidity providers as an incentive for supplying liquidity to the platform. Butter does not currently charge a protocol fee, and all trading fees go to liquidity providers.
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