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Swap
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Inkryptus Swap is the internal asset conversion engine. In the app, users see Buy and Sell actions for each asset, always paired with USDT as the central currency. There are no direct routes between non-USDT assets (e.g., INKY→BTCB does not exist). To move between two assets, the user sells one for USDT, then buys the other with USDT.
How it works
The user navigates to the asset screen inside the app. Two actions are available: Buy (USDT→asset) and Sell (asset→USDT).
- 1
Select asset
User opens the asset screen (e.g., INKY, BTCB, ETH). The Buy and Sell options are displayed.
- 2
Choose action
Buy: user specifies how much USDT to spend. The app returns a quote showing the amount of the asset to be received. Sell: user specifies how much of the asset to sell. The app returns a quote showing the USDT to be received.
- 3
Review quote
The quote displays: current price, amount in/out, and the applicable fee (shown in the asset being sent). The quote has a short validity window.
- 4
Confirm
User confirms. Settlement happens on-chain on BNB Smart Chain. What the platform delivers is the experience: no perceived wait, no gas fee for the user, and no key management. The updated balance appears in the wallet immediately, and the operation receipt shows the transaction hash, verifiable on BscScan.
USDT-centric routing
All operations are structured around USDT as the base currency. This design decision was made to simplify the user experience for non-technical users.
| Route | Example | Steps |
|---|---|---|
| Buy an asset | USDT → INKY | 1 operation |
| Sell an asset | INKY → USDT | 1 operation |
| Move between assets | INKY → BTCB | 2 operations: INKY → USDT, then USDT → BTCB |
Direct routes between non-USDT assets (e.g., INKY→CAKE, ETH→BTCB) are intentionally not supported. Every movement passes through USDT.
Supported assets
All assets trade through USDT. The USDT itself is the central pair and does not appear as a tradeable asset in the Swap screen.
All assets support both Buy (USDT→asset) and Sell (asset→USDT).
| Asset | Symbol | Category |
|---|---|---|
| INKY | INKY | Native token |
| Bitcoin (BEP-20) | BTCB | Major |
| Ethereum | ETH | Major |
| XRP | XRP | Major |
| Solana | SOL | Major |
| Cardano | ADA | Major |
| Litecoin | LTC | Major |
| PancakeSwap | CAKE | DeFi |
| Chainlink | LINK | DeFi |
| Uniswap | UNI | DeFi |
| Aave | AAVE | DeFi |
| Avalanche | AVAX | Infrastructure |
| Stellar | XLM | Infrastructure |
| Shiba Inu | SHIB | Meme |
All assets operate on BNB Smart Chain (BEP-20).
Price quoting
The platform provides real-time quotes based on current market data. Key characteristics:
- Pre-execution visibility: price, amount, and fee are shown before the user confirms.
- Validity window: quotes expire after a short period (typically seconds). If expired, the app generates a new quote automatically.
- No slippage for the user: execution happens at the quoted price. The platform absorbs any price movement within the validity window.
Fees
A fixed fee of 3 USDT applies to every swap operation, regardless of the trade amount.
- The fee is deducted in the asset being sent, converted at the market rate of that moment: spending USDT costs 3 USDT, sending INKY costs the equivalent of 3 USDT in INKY.
- The amount deducted is displayed before confirmation.
- The fee is the same whether the user is buying or selling, and applies per operation.
- For multi-step routes (e.g., INKY → USDT → BTCB), the fee applies to each operation (2× 3 USDT in this example).
See Fees for the full fee structure, including commission distribution.
Related flows
Swap handles only the internal asset conversion. For depositing USDT into your wallet (via external wallet, exchange, or fiat provider), see Wallet. For sending assets to an external address, see Wallet: Withdrawals.
| Goal | Route | Operations |
|---|---|---|
| Enter staking | USDT → INKY (buy) → Staking | 1 buy + 1 stake |
| Realize staking profit | Harvest INKY → INKY → USDT (sell) | 1 harvest + 1 sell |
| Diversify portfolio | USDT → BTCB, USDT → ETH | 1 buy per asset |
| Move between assets | INKY → USDT (sell) → BTCB (buy) | 2 operations |
- 1
USDT arrives
From an external wallet, an exchange or a fiat payment. That part is Wallet, not Swap.
- 2
Swap converts
USDT into any supported asset, or an asset back into USDT. This is the only step Swap owns.
- 3
Assets leave
To an external address, when the reader wants them out. That is Wallet: Withdrawals.
Buy, Sell & Send FAQ: Common questions about swaps, AMM pricing, and transfers
Answers to frequently asked questions about swapping assets.
Swap Tutorial: Step-by-step guide to buy and sell assets
Learn how to convert between assets on Inkryptus.
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