Below you will find a step-by-step guide for converting tokens on the Bancor Network using your unified wallet.
Let’s get started:
Step 1: Go to https://www.bancor.network/
Step 2: Select which token you'd like to convert, click "Convert" and the widget window will open.
Step 3: Enter Amount to Convert
In the widget screen, you will have the option to enter the amount of tokens you would like to convert and into which token.
You also have the option to change the "Pay With" and "Receive" tokens using the drop-down selection.
Step 4 (Optional): Advanced Settings
After you enter the amount and set the action you’d like to perform, you can open the “Advanced Settings” option and limit the transaction to a specific maximum price. By limiting it, you assure that it will only execute if the price you pay per unit is between the current rate and the rate limit you set.
Keep in mind, transactions that are not executed due to the limit still charge Ethereum network gas fees for the transaction, but prevent you from paying rates you do not want to accept for a given conversion.
Once you have your transaction ready to execute, click the “Next” button and proceed to the next screen.
Step 5: Verify and SIgn your Transaction
Step 6: Conversion Successful
Congrats! Your transaction was confirmed on the blockchain. You will receive a notification once it is confirmed.
Once your conversion has been confirmed on the network, you will see your tokens in your Bancor wallet.