Understanding Tacen Swap

We built Tacen Swap for you. We gave you the world’s easiest swapping tool, with no account creations, no logins required, no hidden fees, and no loss of custody. We created a swapping tool that offers seamless cross-chain swaps, access to a centralized orderbook, and the ability to take things a step further with TXA Staking that benefits from every swap that occurs throughout the ecosystem.

We were very meticulous about the way that we designed Tacen Swap, and by all metrics we’ve exceeded our initial expectations for feature rollouts, ease of use, and swapping pairs.

But none of this matters if you, our user, don’t understand how it works or how to use it. That’s why today we’re taking a deep dive into Tacen Swap.
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What you can do on Tacen Swap

The simple answer is that Tacen Swap empowers you to swap one cryptocurrency for another. But there are key details that make the way that Tacen Swap does it even more impressive:

• You can swap across different blockchains, if you want.
• You don’t have to create an account or sign in to make a swap.
• You don’t have to deposit your funds on our website to make a swap – you stay in control and keep full custody of your crypto at all times.
• There are no hidden fees that eat away at your profits.

Right now, Tacen Swap offers the following trading pairs:

ETH / USDT
BNB / USDT
MATIC / USDT

We expect to add more trading pairs very soon and will continue doing so from now on.

Risks of Tacen Swap

The idea behind Tacen Swap is trustless cryptocurrency trades. In other words, you don’t need to trust us in order to make a swap, because you never give up custody of your cryptocurrency in the first place. When you deposit crypto into a non-custodial smart contract for easy trades on Tacen Swap, you remain in control. Each time you make a trade, you are signing the transaction using the wallet that you control. When you’re done, you simply take your cryptocurrency and walk away – no permission required.

What are the risks of Tacen Swap? We’re not sure we can think of any.

How to use Tacen Swap

It wouldn’t be Tacen if it wasn’t easy, which is why we made Tacen Swap to be as easy to use as possible while still maintaining your autonomy. Here’s how it works:

Step 1 – Visit Swap.Tacen.Exchange  

Step 2 – Connect your preferred crypto wallet, like MetaMask.

Step 3 – Click the “Assets” tab on the left side of the screen.

Step 4 – Choose the cryptocurrency you want to deposit into the non-custodial smart contract; sign the transaction with your wallet.

Step 5 – Click back to the Swap tab, choose the cryptocurrency and blockchain network you are swapping from.

Step 6 – Choose the cryptocurrency and blockchain network you are swapping to.  

Step 7 – Choose your slippage amount (the higher the number, the better chance your transaction will be matched), click Swap, and sign the transaction with your wallet.

That’s all! The whole process takes just a few seconds from start to finish, even if it’s your first time using it.  

What’s next for Tacen Swap?

The immediate focus on Tacen Swap is improving our users’ experience by adding information tabs, improving labels, and adding more slippage tolerances. Additionally, we are adding two new swap pairs in the coming days, with more expected in the coming weeks as we keep building out the overall hDEX environment.

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If this is your first time hearing about Tacen, welcome! We are building something truly unique through Project TXA’s hybrid decentralized exchange framework, with Tacen Swap and Tacen Exchange being the first products to use this protocol to date.

At Tacen, we love to reward our community with frequent airdrops, competitions, rewards, swag, and so much more. Make sure you follow us on social media and join our Discord to stay in the loop for all things Tacen – you won’t want to miss the next opportunity to earn free crypto.

Welcome to Tacen, we’re glad you’re here.

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