Swapping Cryptocurrency

Swapping cryptocurrency allows eligible users to exchange one supported cryptocurrency for another without transferring funds to an external exchange.

Nova displays the available exchange rate before you confirm the transaction, allowing you to review the estimated amount you will receive.

Availability may vary depending on your account and the cryptocurrencies supported.

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Before You Swap

Before exchanging cryptocurrency, ensure that:

• Your account is eligible for cryptocurrency services.
• You have sufficient funds in the cryptocurrency you want to exchange.
• Both cryptocurrencies are supported for swapping.
• You understand the quoted exchange rate and any applicable fees.

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Swapping Cryptocurrency

To swap cryptocurrency:

1. Open the Cryptocurrency section.
2. Select Swap.
3. Choose the cryptocurrency you want to exchange.
4. Select the cryptocurrency you want to receive.
5. Enter the amount you wish to swap.
6. Review the exchange rate, estimated amount to be received, and any applicable fees.
7. Confirm the transaction.

Once completed, your wallet balances are updated automatically.

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Exchange Rates

Cryptocurrency prices change continuously based on market conditions.

Before confirming a swap, Nova displays:

• The cryptocurrency you are exchanging
• The cryptocurrency you will receive
• The current exchange rate
• The estimated amount you will receive
• Any applicable fees

If market conditions change before you confirm, an updated quote may be provided.

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Processing Time

Most cryptocurrency swaps are completed shortly after confirmation.

Processing times may vary depending on:

• The cryptocurrencies involved
• Blockchain network conditions
• Compliance or security checks

Once the swap has been completed, the transaction appears in your cryptocurrency history.

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Fees

Swapping cryptocurrency may involve fees.

Depending on your account, these may include:

• Exchange fees
• Network fees
• Other applicable service charges

Any fees are displayed before you confirm the transaction.

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Transaction History

Every completed swap is recorded in your cryptocurrency transaction history.

Your history includes information such as:

• Date and time
• Cryptocurrency exchanged
• Cryptocurrency received
• Amounts
• Transaction status

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Frequently Asked Questions

Which cryptocurrencies can I swap?

Only supported cryptocurrencies available to your account can be exchanged.

Can I cancel a swap?

Once a swap has been confirmed and processed, it generally cannot be cancelled.

Why did the exchange rate change?

Cryptocurrency markets operate continuously. If market prices change before you confirm the transaction, Nova may display an updated quote.

Where can I view my completed swaps?

Completed swaps are available in your cryptocurrency transaction history and are reflected in your updated wallet balances.

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Summary

Swapping cryptocurrency allows eligible users to exchange one supported cryptocurrency for another directly within Nova. Before confirming a swap, review the quoted exchange rate, applicable fees, and estimated amount to be received to ensure you understand the outcome of the transaction.