Alt.town
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EnglishHelp Desk
English
EnglishHelp Desk
  • Introduction
    • Alt.town
    • Alt
  • Alt.town Service
    • DNA
      • DNA Structure
    • Town(Trading)
      • Pre-sale
      • On-chain Based Trading
    • Wallet
  • assets
    • Tokenomics
    • KEY
    • Mile
    • $TOWN
  • Roadmap
    • Roadmap
    • Partners
  • USER GUIDE
    • Get Started
    • Sign-up and Sign-in
    • App Structure
    • DNA Trading
      • Trading Method
      • Pre-sale
      • Order-book
      • Order Rejection and Cancellation
      • Open Order
    • Swap
    • Mile Management
      • Convert
      • Charge Station
  • FAQ
    • Frequently Asked Questions
  • SERVICE LINK
    • Alt.town
    • Alt.town X
    • Alt.town Discord
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  • Spending
  • Wallet
  1. USER GUIDE

Swap

PreviousOpen OrderNextMile Management

Last updated 2 months ago

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.

Wallet

Wallet is a personal space for external transactions and stores $TOWN, Alt.town's governance token. Currently, Alt.town is integrated with the Wepin 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 Wepin wallet and click the 'Agree' button and enter your 6-digit Wepin wallet PIN 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.

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