Introduction to Transit Swap
Transit Swap is a cross-chain decentralized exchange aggregator (DEX) incubated by TokenPocket. It combines decentralized instant swaps, aggregated trading, and cross-chain functionality into one platform. Users can perform permissionless, decentralized transactions and seamlessly exchange multi-chain assets.
Step-by-Step Guide to Using Transit Swap
1. Accessing Transit Swap
- Open TokenPocket and navigate to the Discover section.
- Select Transit Swap from the list of popular DApps.
2. Initiating a Swap
- The interface is intuitive: select the token pair (e.g., SOL to USDC) and enter the amount.
- The Aggregation Path feature displays liquidity pool options on the Solana network, optimizing trades for better rates and lower fees—especially for large transactions.
3. Cross-Chain Swaps
Transit Swap supports cross-chain exchanges (e.g., Ethereum to Solana).
- Select tokens from different blockchains.
- Enter the amount and specify a custom wallet address or use your connected wallet.
⚠️ Important: Never use exchange deposit addresses (contract addresses) for receipts.
4. Additional Features
Explore advanced tools via the menu icon (top-right), including:
- Market Data: Track token prices, charts (e.g., CAKE), and trading volume.
- Direct Trading: Click "Trade" to auto-redirect to the swap interface with pre-filled details.
Key Benefits of Transit Swap
- Multi-Chain Support: Trade across Ethereum, Solana, BSC, and more.
- Optimized Rates: Aggregates liquidity from multiple DEXs.
- No KYC: Fully decentralized and private.
FAQs
Q1: Is Transit Swap safe to use?
Yes—it’s non-custodial, meaning you retain control of your assets during swaps.
Q2: How are fees calculated?
Fees vary by blockchain and liquidity pool. The platform automatically selects the lowest-cost route.
Q3: Can I swap tokens between non-EVM chains (e.g., Solana to Cosmos)?
Currently, Transit Swap supports EVM and Solana. Check their updates for expanding networks.
Q4: What if my transaction fails?
Ensure sufficient gas fees and avoid network congestion periods. Failed transactions refund gas costs.
Q5: How do I track my swap history?
View past transactions under "History" in the app or via blockchain explorers like Solscan.
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