Swap

Until the service is stabilized, BNB will be used instead of $TOWN.

Spending

Spending is a space for storing KEY used within Alt.town. KEY can be swapped for $TOWN and transferred to your wallet.

• Sending KEY → $TOWN

1. Click ‘Swap’ for KEY under the ‘MY’ - ‘Spending’ tab.

1. Enter the amount of KEY you wish to swap for $TOWN from your available KEY balance, then click the 'Swap' button. Review the precautions and click the 'Confirm' button.

📍 The minimum amount for KEY → $TOWN swap is 500 KEY, and the maximum amount per swap is 5,000,000 KEY. The maximum swap limit per day is 20,000,000 KEY.

1. Enter your login password (minimum 8 characters) to complete the transfer. You can check the transfer processing status under the 'Wallet' tab - 'History', and the transfer processing result under the 'Spending' tab - 'Key Detail'.

📍 It takes approximately 12 hours from withdrawal request confirmation to approval. This is necessary to ensure the security of the network and users.

There are four swap states:

• Queued - Waiting for approval for 12 hours after request confirmation.

• Status after withdrawal approval

  • Completed - On-chain processing completed

  • Failed - On-chain processing failed

  • Pending - On-chain processing delayed

🌟 The fee charged at this transaction is the expected gas fee.

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Wallet

You can access and manage cryptocurrencies like $TOWN or BNB on the blockchain through your self-custodial wallet.

• Sending $TOWN → KEY

1. Click ‘Swap’ for $TOWN under the ‘MY’ - ‘Wallet’ tab.

1. Enter the amount of $TOWN you wish to swap for KEY from your available $TOWN balance, then click the 'Swap' button.

📍 There is no limit on the amount for $TOWN → KEY swaps.

1. Review the transaction details in your wallet and approve them to complete the swap. You can check the transfer processing status under the 'Wallet' tab - 'History', and the transfer processing result under the 'Spending' tab - 'Key Detail'.

🌟 No fees are charged for this transaction.