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How do swaps work?

Exchange one asset for another inside Oobit.

Written by Bernard Fisher
  1. Go to swap in the app and choose the asset you're swapping from and to.

  2. Enter the amount and review the quote.

  3. Confirm. Most swaps complete instantly. Some show as Pending for a moment first.

Fee: 0.95%, or 3% when the asset you receive is OOB. Swapping out of OOB is 0.95%. The fee comes out of the amount you receive.

Quotes aren't locked. A quote is valid for about a minute, and the live rate is used when the swap runs. So you may receive slightly more or less than the quote.

Limits: $5 to $10,000 per swap. Some assets have lower limits.

Swaps aren't available to US residents.

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