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Ethereum Swap – How to Swap ETH with Ka.app

by Pat

Content Manager

Ethereum has gone a long way since its launch in 2015. It currently has the second-largest market capitalization among all the tokens available in the cryptocurrency market, and it holds the second most popular crypto title, next to Bitcoin (BTC).

These don’t stop crypto investors from wanting to swap their Ethereum (ETH) coins for other tokens though, especially when certain situations call for it, whether it’s a trading opportunity, a peer-to-peer (P2P) transaction, or the like.

And if that’s the case for you, the good news is that you can swap ETH for another token easily and quickly, with minimal conversion fees, by signing up on Ka.app.

What Is Ethereum Swap?

Ethereum swap is what we call the process of directly converting or exchanging ETH coins for their equivalent value in another token. This means you don’t have to rely on trading pairs when converting ETH as you can swap them for another token even without using another currency in between (e.g., you can directly convert ETH to the KASTA token instead of exchanging ETH to USDT to KASTA first).

Where Can I Swap Ethereum?

Ka.app has two features that provide users with the easiest and cheapest ways to swap Ethereum for another token: the Easy Swap Engine and the Swap button.

1. Easy Swap Engine

This feature was developed to make crypto transactions more convenient for Ka.app users. You can use it to automatically convert the ETH payments you receive into another currency you prefer as long as it’s available in the app.

Therefore, if you want to build your BTC portfolio but someone wants to pay you in ETH, you can enable the Easy Swap Engine and set it up to receive ETH payments in BTC for minimal conversion fees.

2. Swap

When you go to the ETH exchange screen in Ka.app, you’ll see a “Swap” feature that will enable you to directly swap or convert ETH for another currency that’s available in the app.

For instance, if you have €50 worth of ETH and you want to transfer €20 to BTC, you can use the Swap button to quickly convert €20 worth of ETH for its equivalent value in BTC.

How Does Ethereum Swapping Work?

The end-to-end process of swapping ETH for another token may vary depending on the app, platform, or exchange you will use. Some exchanges may require you to enter your wallet address, network type, and/or memo tag to swap tokens and may take several hours to a few days to complete the transaction. Meanwhile, when you create an account on Ka.app, you can easily swap ETH for another token within a few seconds using just your Ka.app pin code.

How to Swap Ethereum Using the Easy Swap Engine

Here's how you can automatically swap the crypto payments you receive in ETH into another currency using Ka.app’s Easy Swap Engine:

  1. Sign up on the app and log in.
  2. Click the settings icon.
  3. On the drawer, choose “Easy Swap.”
  4. Tick “Enable Easy Swap.”
  5. Click Ethereum on the first dropdown.
  6. On the second dropdown, choose the currency you want to receive when someone sends you ETH.

How to Swap Ethereum Using the Swap Button

On the other hand, here’s how you can easily swap ETH for another token using the Swap button in Ka.app:

  1. Sign up on Ka.app and log in.
  2. Go to the app’s home screen and choose Ethereum from the list of assets.
  3. Click the “Swap” button.
  4. Choose the currency you want to swap Ethereum to.
  5. Choose the percentage (10%, 25%, 50%, or 100%) or manually enter the number of tokens or amount you’d like to convert.
  6. Enter your PIN code to confirm and finish the transaction.

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How Much Are Ethereum Swap Fees on Ka.app?

Ethereum swapping costs on Ka.app vary depending on whether you've locked up KASTA tokens on the app or not. Users who've locked up KASTA tokens on the app enjoy exclusive privileges which include lower exchange rates—as low as 0.376%—depending on the number of tokens they’ve locked up.

How Long Does it Take to Swap Ethereum on Ka.app?

You can swap, receive, and send crypto quickly on Ka.app. This means you can swap ETH, both using the Easy Swap Engine and the Swap button, in a matter of seconds.

Are There Swapping Limits on the App?

None. You can swap any amount of ETH as many times as you want using Ka.app.

Can I Swap Other Tokens on Ka.app?

Yes. As of writing, Ka.app allows you to swap, send, receive, deposit, and withdraw 10 types of crypto: ETH, BTC, USDT,USDC, MATIC, ADA, DOT, BNB, BUSD, and KASTA. European Economic Area (EEA) customers can also swap crypto for euros in the app and vice versa.

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JOURNEY
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