Swap Tokens

Token swaps on Quadrix App are a simple way to trade one BEP-20 token for another via automated liquidity pools.

Trading Fee:

When you make a token swap (trade) on the Quadrix App you will pay a 0.25% trading fee, which is broken down as follows:

0.17% - Returned to Liquidity Pools in the form of a fee reward for liquidity providers.

0.03% - Sent to the Quadrix App Treasury.

0.05% - Sent towards QBANK Token buyback and burn.

Getting ready to trade tokens

Before you can trade tokens, you will need a BNB Smart Chain-compatible wallet. You can learn how to get one here. You will also need to have some BEP20 tokens to trade with. You can learn how to get some here.

Trading on the Quadrix App exchange

1. Go to the exchange page here.

2. Unlock your BNB Smart Chain-compatible wallet by clicking Connect Wallet in the top right-hand corner.

3. Choose the token you want to trade from the dropdown menu in the "From" section. The default setting is BNB.

4. Choose the token you want to trade to in the "To" section as above. Next, type an amount for your "To" currency by clicking inside the input box.

Your "From" currency amount will be estimated automatically. You can also type your "From" amount and have the "To" amount estimate automatically if you like.

5. Check the details, and click the Swap button.

6. A window with more details will appear. Check the details are correct.

When you are ready, click the Confirm Swap button. Your wallet will ask you to confirm the action.

7. Done! You can click View on BscScan to see your transaction details on explorer.

How come my transaction won't go through?

Quadrix App is a Defi application such that it interacts with the wallet to complete on-chain transactions for swapping, creating LPs, staking in farms and pools, etc.

Gas Fees

As such, the first thing is to make sure you have enough BNB to pay for the gas fee of the on-chain transactions. Typically, the gas fee fluctuates depending on the number of transactions in the queue, if there are more transactions, a higher gas fee may be required to push through the transaction. On Binance Smart Chain, the gas fee typically ranges from cents to a dollar USD in BNB. Learn more about the gas fee here.

Transaction Fees

If your swapping action still doesn't go through and it is displaying an error for you to revise the Slippage Tolerance-- you may want to check if the tokens you are trying to swap have any fees and restrictions on transactions.

It is not uncommon for tokens on Binance Smart Chain to include a transaction fee in their contracts, usually these fees could be used for burning, funding a treasury of a fair launch project -- for example, this APX token has a 1% tax on every transaction for sending to a burn address, such that more transactions would mean more burning, accruing value to APX token holders.

With the transaction fee, whether it is inclusive (a portion of the swap amount is sent elsewhere than your address so the output is less than expected for the estimated input) or exclusive (requiring an additional transfer from your address to send extra tokens so the input is more than expected for the estimated output), it affects the input and output amount that you agree for signing the transaction. In many cases, the transaction cannot meet the input and output requirements because of the tax.

Swapping with Transaction Fees

Before you swap any tokens, make sure you have visited their website to understand if they have a transaction fee mechanism (or tax as many projects put it). If there is, make sure you set a slippage that is sufficient to accommodate the transaction fee -- e.g. if there is a transaction fee of 5%, your slippage will have to be set at least 5% plus the normal trading slippage depending on your trading amount and the token's liquidity, say 5.5%-6%.

In some extreme cases including some scams, some tokens even have a block on most or all transfers on-chain, or only allow certain addresses to sell, in such cases, it is impossible to swap the token successfully. Learn first about the token you are trying to swap and be aware of any fees and restrictions.