Swap tokens

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'''swap tokens''' is a command that allows you to swap one token for another using a decentralized exchange.
 
'''swap tokens''' is a command that allows you to swap one token for another using a decentralized exchange.
 
This command is beneficial for users who wish to exchange one type of token for another via protocols like Uniswap, PancakeSwap, etc.
 
  
 
== Parameters ==
 
== Parameters ==
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'''Exchange:''' The decentralized exchange where the tokens will be swapped.
 
'''Exchange:''' The decentralized exchange where the tokens will be swapped.
  
'''Token In ID''': The token you wish to exchange/sell.
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'''Token In ID''': The token you wish to exchange/sell. This can be the symbol of the token or its contract address.
  
'''Token Out ID''': The token you wish to get/buy.
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'''Token Out ID''': The token you wish to get/buy. This can be the symbol of the token or its contract address.
  
 
'''Amount:''' The quantity of the 'Token In ID' you wish to swap.
 
'''Amount:''' The quantity of the 'Token In ID' you wish to swap.
  
'''Transaction Info Variable:''' (Advanced, Optional) This variable is used to retrieve the transaction information after the execution. The default value for this variable is '#txinfo'.
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'''Transaction Info Variable:''' (Optional) This variable is used to retrieve the transaction information after the execution. The default value for this variable is '''#txinfo'''.
  
 
== Example ==
 
== Example ==
  
 
<pre>
 
<pre>
 +
ui console view
 
config defi wallet("your private key")
 
config defi wallet("your private key")
swap tokens("PancakeSwap","BTC","ETH","0.01","#txOutput")
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swap tokens("PancakeSwap","BTC","ETH","0.01","#txinfo")
log object(#txOutput)
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log object(#txinfo)
 
</pre>
 
</pre>
  
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This code snippet would swap 0.01 BTC for ETH on PancakeSwap and log the transaction details.
 
This code snippet would swap 0.01 BTC for ETH on PancakeSwap and log the transaction details.
  
Note: Always ensure you have enough balance and correct token ID before moving forward with the swap, because once the transaction is confirmed, it cannot be reversed. Also, consider blockchain network fees while estimating your transaction.
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Note: This assumes that you have enough of the token that you're selling for the transaction. It also assumes you have enough of the native token to pay gas fees.

Latest revision as of 02:05, 5 July 2023

swap tokens is a command that allows you to swap one token for another using a decentralized exchange.

[edit] Parameters

Exchange: The decentralized exchange where the tokens will be swapped.

Token In ID: The token you wish to exchange/sell. This can be the symbol of the token or its contract address.

Token Out ID: The token you wish to get/buy. This can be the symbol of the token or its contract address.

Amount: The quantity of the 'Token In ID' you wish to swap.

Transaction Info Variable: (Optional) This variable is used to retrieve the transaction information after the execution. The default value for this variable is #txinfo.

[edit] Example

ui console view
config defi wallet("your private key")
swap tokens("PancakeSwap","BTC","ETH","0.01","#txinfo")
log object(#txinfo)

Please replace "your private key" with your actual DeFi wallet's private key.

Be mindful when you are handling your private key. It's a sensitive piece of data that allows full control over your funds in your DeFi wallet. Therefore, never share this key publicly or with anyone.

This code snippet would swap 0.01 BTC for ETH on PancakeSwap and log the transaction details.

Note: This assumes that you have enough of the token that you're selling for the transaction. It also assumes you have enough of the native token to pay gas fees.

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