How to Use Token Swaps Safely

Token swaps are a fast and convenient way to exchange one cryptocurrency for another directly within your Dlicom wallet, without using a centralized exchange. For new users, it’s crucial to perform swaps securely to protect your digital assets. This article will guide you through safely swapping tokens with Dlicom.

Understanding Token Swaps in Dlicom

Token swaps allow users to exchange cryptocurrencies across supported networks within the Dlicom app. The process is peer-to-peer, leveraging decentralized exchange protocols. Dlicom never holds your assets: swaps are managed from your mobile device, maintaining privacy and security. Always ensure your app is updated to access the latest swap features.

Steps to Complete a Secure Token Swap

1. Open the Dlicom app and log into your wallet.
2. Navigate to the Swap section from the main menu.
3. Select the tokens to swap and enter the desired amount.
4. Review swap details, including fees and network. Confirm that rates and addresses are correct.
5. Tap Swap and approve the transaction. Wait for confirmation; view transaction history for status updates.

Best Practices for Safe Swapping

• Double-check token names, network selection, and entered amounts.
• Avoid suspicious pop-ups or third-party swap offers within the app.
• Use secure internet connections—avoid public Wi-Fi when swapping.
• Update Dlicom regularly for the latest security patches.

Troubleshooting Common Swap Issues

• Check for sufficient token balances and network gas fees before swapping.
• If the swap fails, verify your internet connection and try a smaller amount.
• Clear your Dlicom app cache or reinstall if persistent issues occur.
• Review transaction status in your history tab for additional details.

Conclusion: Swap With Confidence

Swapping tokens in Dlicom is simple and secure when you follow best practices. Always verify details, use the latest app version, and stay aware of network conditions. If you encounter issues, consult our Help Center articles or contact Dlicom Support for further assistance. Enjoy fast, private, and decentralized swaps!