Glossary
Swap
Also written or said as: swapping, swapped, token swap
Trading one token for another straight from your wallet.
In Phantom or on a DEX you pick SOL and the coin you want, see a quote and approve. Behind the scenes the swap goes through a pool or an aggregator. Check the slippage setting and the coin's contract address before you confirm.
Learn it properly inYour first wallet: Phantom and the othersStart here · 4 min readThis guide is for learning. It is not financial advice. Most memecoins go to zero and most people who trade them lose money. Only ever trade what you can afford to lose.