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Gate.io’s New Feature: One-Click Flash Swap (16 Mainstream Tokens Available)

2021-06-21 14:53:40Read:104396

Gate.io has recently added a new feature known as “flash swap”. You can exchange different digital assets with a single click and get an automatic settlement instantly and conveniently. There will be no fees charged for the entire process, and the threshold of this feature is as low as $10.

Website Access: https://www.gate.io/en/convert
(Select “Trade” page in the menu navigation bar and click “Flash Cash”)

* “Flash Swap” will be available on the mobile app soon, stay tuned!

Available Tokens at Gate.io “Flash Swap”
“Flash Swap” already supports 16 mainstream coins, namely:
USDT/BTC/ETH/GT/DOGE/DOT/SHIB/LTC/XRP/ADA/BCH/FIL/ZEC/BNB/EOS/UNI. More coins will be available for exchange, please stay tuned.

Brief Introduction of Gate.io “Flash Swap”
1) What is a flash swap?
Users can exchange different digital currencies with one click. After the transaction is confirmed, it will settle automatically in the user’s Gate.io spot account without incurring or charging any handling fees.

2) What are the minimum and maximum limits for a single transaction?
The minimum limit for a single transaction is $10 USD on average, and the maximum limit for each currency varies and is shown in the transaction box.

3) How is the flash swap price calculated?
There is a spread between the flash swap price and the spot inventory price. If you choose to buy, the flash swap price will be slightly higher than the spot inventory price; if you choose to sell, the flash price will be slightly lower than the spot inventory price.

Gate.io “Flash Swap” Manual
1) How do I use the “Flash Swap”feature?
① Select “Trade” from the menu navigation bar and click “Flash Swap” ➪ ② Request to exchange ➪ ③ Preview the exchange result ➪ ④ Confirm the transaction ➪ ⑤ Complete exchange and settle the spot account.








2) How do I check the record of my flash swap transactions?
Log in to your Gate.io account and click this link to view your transaction history.
https://www.gate.io/myaccount/flash_convert



3) How do I deposit and withdraw funds from my flash account?
Flash swap is settled directly in your spot account, and you can deposit and withdraw funds from your spot account.



Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.


Gate.io Team
June 23, 2021

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