How to Swap Crypto Between Various Blockchains
Cross-chain swaps pose a significant challenge to users who have assets across various blockchains and want to unify them. What if you have 40 USDT in the Ethereum network and 50 USDT in the Tron network? You can spend them separately, or transfer your USDT on Tron and use a bigger sum for your needs.
LetsExchange not only provides its users with the biggest number of assets to swap but also enables them to perform cross-chain swaps. They act the same way as regular exchanges, with the only difference being that instead of picking different coins, you choose different networks.
Let’s have a look at how it works.
So, we will move USDT from the Ethereum network to the Tron blockchain.
In the exchange widget, in the You Send field, pick USDT in the Ethereum network.
Indicate how many coins you want to swap. In our case, it will be a default sum of 150 USDT.
In the You Get field, pick also USDT, but this time, in the Tron network.
Do not forget that a blockchain fee for the swap will be charged, so the sum to receive is slightly lower than the sum to sell.
If you have a promo code, add it to get a cashback. Once done, click the Exchange button. Note please that you can use your promo code only if you pick a market rate.
Provide the receiving wallet address (in your case, you will receive your USDT TRC20 there), and if you want, add a refund address (USDT ERC20) where your funds will be returned if, for some reason, the transaction isn’t processed.
Click on the Next button to proceed.
After that, you will be displayed a wallet where you shall send your USDT ERC20. After processing the deposit, we will send USDT TRC20 to your receiving wallet.
When the transaction is completed, you can request a receipt with the transaction details. Click on the respective button, and provide your email. We will send the receipt there.
Additional Options
In the exchange widget menu, you can check additional information on your swap. Click the top right widget corner button to move to the menu.
You will see the widget menu.
There, several options become available.
Change the Language
You can change the language of the widget. To do so, click on the Language option. On default, English is selected. Choose any language you want by clicking on it. All changes will be displayed in the widget.
Check the Exchange Status
To check the status of your exchange, click on the respective options. Paste the ID of the exchange you want to check, and hit the Submit button.
The status will be displayed.
Check Recommended Wallets
To check wallets recommended by LetsExchange, hit the Recommended Wallets button.
In the window, you will be displayed the list of the wallets recommended by our platform.
Get in Touch with Support
You can send your message to our support team by clicking the Support option. Fill in the form, and click on the Send button.
We will get in touch with you asap.
AML Checking
LetsExchange doesn’t require its users to register an account, but it doesn’t mean it doesn’t care about users’ safety. We perform automatic AML checks to ensure our users receive legit money only.
If the user’s money doesn’t pass the AML check, these funds were involved in illegal activities. We refund them to the wallet from which it was sent.
In some cases, we may request additional information to process a transaction. If a user cannot provide it, the coins funds will be sent back to the user’s wallet.
Conclusion
LetsExchange effectively solves the problem of cross-chain swaps by enabling its users to exchange over 4,000 coins and tokens across multiple blockchains. We continue improving our functionalities and offering our clients the best services in the market.