how to swap btc for eth in trust wallet

How to Swap BTC for ETH in Trust Wallet

Step 1: Open your Trust Wallet

Launch the Trust Wallet app on your mobile device. Ensure you have both BTC and ETH in your wallet.

Step 2: Navigate to the Swap Tab

Tap the "DEX" (decentralized exchange) icon at the bottom of the screen. Then, select "Swap" from the menu.

Step 3: Select BTC and ETH

In the "From" field, select BTC. In the "To" field, select ETH. Input the amount of BTC you want to swap.

Step 4: Choose a DEX Provider

Trust Wallet offers multiple decentralized exchange (DEX) providers to facilitate the swap. Compare their fees and select your preferred one.

Step 5: Confirm the Swap

Review the details of the swap, including the estimated exchange rate, gas fee, and total amount of ETH you will receive. Tap "Confirm Swap" to proceed.

Step 6: Complete the Transaction

Trust Wallet will ask you to verify the transaction by confirming the details one more time. Once verified, tap "Swap Now" to complete the exchange.

Step 7: Monitor the Swap

The swap will be processed on the blockchain. You can track its status in the "Orders" tab within the DEX section. Once the transaction is successful, the ETH will be deposited into your wallet.

Additional Considerations:

• Choose the best exchange rate: Trust Wallet provides a live exchange rate comparison for multiple DEX providers. Select the provider with the most favorable rate.
• Factor in gas fees: Gas fees on the Ethereum network can vary depending on network congestion. Consider the gas fee estimate before making the swap.
• Limit slippage tolerance: Slippage tolerance allows for slight price variations during the swap process. Set an appropriate tolerance level to prevent unexpected changes in the exchange rate.
• Confirm transaction details carefully: Double-check all transaction details before confirming the swap to avoid any errors or losses.