Welcome to the Multiswap user guide! In this guide, we will walk you through the process of setting token approval for trading on the Multiswap platform.
Step 1: Select the Token(s)
To begin your trade on Multiswap, select the token(s) you wish to sell.
Step 2: Enter the Number of Tokens You Want to Sell
Enter the number of tokens you wish to sell in the designated field. Double-check the entered amount to avoid any potential errors or discrepancies.
Step 3: Approve and Give Permission for the Multiswap Contract
With your token(s) and the quantity selected, you'll notice an "Approve" button in the quote panel at the platform's top right corner. By clicking this button, you will be prompted to approve and grant permission for the Multiswap contract to access your selected token(s).
At this point, you have two options:
a) Approve Just Enough: This option allows you to approve only the specific amount of tokens needed for the current trade. This can provide an added layer of control over your assets, ensuring that only the needed amount is granted access.
b) Approve Default Amount: Alternatively, you can approve the default amount. This is equivalent to the number of tokens in your wallet at the time. This option can save you time and effort, particularly if you plan on making multiple trades in the future.
Congratulations! You've successfully completed the token approval process for Multiswap.