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The decentralized exchange where FUNS creates value

FunSwap DEX
Decentralized exchange

Frequently asked questions

FunSwap DEX

Frequently asked questions

NOTICE

Good to know

A decentralized exchange is convenient, and in exchange there are things you must look after yourself. Please read this before you begin.

  • You keep the recovery phrase safeIf you lose your wallet's recovery phrase, nobody can recover it for you. Never share it with anyone; people do impersonate operators to ask for it.
  • Leverage magnifies losses tooIn futures trading, raising your leverage means even a small price move can wipe out the entire margin you put up. Only use what you can afford to lose.
  • Prices moveThe market can move between placing an order and settling it. The amount you actually receive may differ from the estimate.
  • Network feesSeparately from the swap fee, there is a transfer cost paid to the blockchain. It rises when the chain is busy.
  • Check the tokenFake tokens with similar names can exist. Check the address against the official listing before you swap.
  • Risk of losing your capitalToken prices rise and fall and can end up worth less than you put in. This page is not investment advice.
FAQ

Frequently asked questions

Do I need to sign up?

No separate sign-up. Connecting your wallet is your account. Do be sure to store the recovery phrase you received when creating the wallet somewhere safe.

Am I handing over my assets?

No. Your assets stay in your wallet, and they are only processed on the blockchain at the moment of the swap.

How much are the fees?

A swap fee and a blockchain transfer cost apply separately. The rates vary with policy and chain conditions, so check the figures shown on the swap screen.

Is futures trading available?

Yes. You can trade both long and short with up to 100x leverage. The higher the leverage, the greater the risk of loss.

When can I use it?

Services are being released in order. Release timing is announced in the notices.

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Install the app and you can use it as soon as it launches.

This page explains what the service does. Features and release timing may change as development progresses, and confirmed dates are announced in the notices. Cryptocurrency prices fluctuate and losses can occur. This page is not investment advice.