1. Click on the Swap button on the main screen and choose the network you want to use.
2. Select the tokens you want to swap from and to.
3. Enter the amount of tokens to swap. Rabby will automatically fetch the best available quote within a few seconds.
4. Review the quote, paying attention to Estimated Amount. This is the amount you will receive from the swap.
Additional info:
- Slippage tolerance: Rabby sets a default slippage tolerance to minimize transaction failures and losses, but you can adjust it if needed. Slippage occurs when the price changes between submitting the transaction and its confirmation.
- Price Impact: This warning will only appear if the swap will result in a significant loss due to low liquidity or large trade size. If you see a warning of price impact, it means you will suffer a great loss from the swap. Reconsider the swap unless you’re willing to accept this loss.
5. After reviewing, confirm the swap by clicking Approve and Swap. You will also see the estimated gas fee. With one confirmation, you can approve and complete the swap in a single step.
6. Once the transaction is completed, it will appear in your transaction history.