How to Swap Tokens Within Solflare (Mobile)

Traditional non-custodial wallets often serve three purposes – holding digital assets, receiving and sending out transfers to other wallets, and connecting to web3 platforms. 

Solflare, on the other hand, has built advanced features within its wallet application without sacrificing its visual simplicity or user experience. Alongside efficient staking capabilities, Solflare offers a seamless in-app swap interface where you can trade any SPL token for another.

This guide utilizes Solflare’s mobile app interface but you can also do this on the web or the extension.

Step 1

  • Open Solflare wallet and go to the Swap tab which is located directly in the middle of the app.

Step 2

  • Type in how much of what token you want to buy, click Swap, and then Swipe to Confirm the transaction.

Notes:

  • If you have any SLRS staked, your swap fee will be reduced. For more information, read this.
  • You can configure slippage using the settings button at the top right corner of the Swap feature.
  • The default slippage tolerance is set to 0.5%.

It is really that easy.

Once you’ve confirmed the transaction, its then submitted to Solana’s validators and after 20 confirmations, the swap will be completed.

Check your portfolio page and you’ll see your balances updated.

You’ll also get a notification sent to your device with details of the transaction.