KryptoPips Token Exchange

KryptoPips can be bought and traded on decentralized exchanges. A decentralized exchange (DEX) is a type of cryptocurrency exchange that operates on a decentralized platform, removing the need for a central authority to facilitate trades. Instead, it leverages smart contracts to enable direct peer-to-peer transactions of digital assets.

One key advantage of DEXs is that users retain control of their funds as they are held in their own wallets, rather than in a centralized custodian account. This decentralized nature enhances security, transparency, and resilience against hacks and fraudulent activities.

Within the Integrated User Widget, we offer a customizable embedded token exchange that empowers users to effortlessly swap KryptoPips (KTP) tokens with other cryptocurrencies. This exchange functionality is powered by Automated Market Maker (AMM) technologies, leveraging on the PancakeSwap decentralized exchange. By integrating a reliable DEX experience directly within our partner brokerages' modules, we reduce friction and enhance accessibility, enabling users to seamlessly engage with KryptoPips (KTP) and interact with platform functionalities.

Configure Exchange Parameters: Before initiating the token swap, you need to configure the specific details of the swap. Start by selecting the desired asset from the dropdown menu to determine which token you want to swap with KTP tokens. Then, utilize the directional arrows to indicate which token you wish to provide and receive. Once you have set up the parameters according to your preferences, you can proceed to the next step in the swapping process.

Granting Token Access: When using a token for swapping purposes for the first time, you will be prompted to authorize access to the tokens stored in your wallet. This additional transaction is a necessary step before you can proceed with the swapping process. In such cases, there will be two transactions to confirm. Firstly, you need to grant access to the tokens. Once the authorization is confirmed, you can proceed to execute the swap. Learn more about token approvals here.

Input Swap Amount: In the "From" input box, enter the quantity of tokens you wish to provide for the swap. The "To" field will automatically display an estimated amount based on the current market exchange rates. After verifying the input, proceed by clicking the "Swap" button to initiate the exchange. A MetaMask window will appear, requesting confirmation for the transaction. If the window does not appear, please troubleshoot by checking your MetaMask app. Once you click "Confirm," the transaction will be transmitted to the blockchain network for processing.