How can I convert tokens to coins in a DeFi money market?

Asked 2 years ago

I want to be able to convert tokens to coins in a DeFi money market. How do I make this happen?

Dakota Andersen

Tuesday, June 28, 2022

To convert your tokens to coins in a DeFi money market:

  • Withdraw your tokens a DeFi protocol to a web3 wallet, like MetaMask
  • Visit a DEX platform like UniSwap
  • Connect your web3 wallet to access the services of the DEX
  • Enter the coin for which you want to swap your tokens in the ‘Swap To’ section
  • Choose the token you want to convert and specify the amount
  • Click ‘Swap’ to initiate the process
  • Open your web3 wallet and confirm the transaction request
  • That is it!
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