How to buy SWTH (2021 Guide)

There are many ways to buy SWTH. This guide will cover the non-centralised exchanges way. Switcheo Token (SWTH) is listed on a few centralised exchange as well. Those are pretty simple and won't be covered here. We also won't recommend buying on our legacy exchange as it will be sunsetted soon.

Demex is our new triple-cross-chain L2 exchange built on tendermint and can run at 10,000 TPS so you can trade ultra fast with super low fees and 100x leverage!(if you dare)

Stage 0 : If you don't have any crypto, you need some Crypto.
Can't help you here - depending on where you are, you can get some eth, neo or busd with coinbase, binance or gemini. There are tons of guides online on how to do this.

Stage 1: Got your crypto? Great! 🎉🎉🎉
You need either NEO, ETH, USDC, or BUSD because those are the pairs that Demex has:

SWTH pairs on Demex include:


 * SWTH/ETH
 * SWTH/USDC
 * SWTH/BUSD

Option 1: - Deposit NNEO into Demex to buy SWTH (recommended 👍👍👍)

 * 1) Wrap Neo to nNeo on Flamingo.finance . (nNeo is the wrapped version of Neo. It's not the same!)
 * 2) Users must first wrap their tokens using Flamingo’s wrapper function. It works with O3 or Neoline Chrome Extension.
 * 3) Deposit nNeo into Demex - https://docs.dem.exchange/getting-started/deposits-and-withdrawals
 * 4) Sell nNeo to ETH - NNEO/ETH
 * 5) Buy SWTH with ETH - SWTH/ETH

Option 2: - Buy on FLM directly (note this is quite technical 😱)

 * 1) Wrap your tokens to their wrapped equivalent:
 * 2) Guide: https://docs.flamingo.finance/user-guides/wrapper
 * 3) Swap your wrapped tokens for SWTH using Flamingo’s Swap.
 * 4) Guide: https://docs.flamingo.finance/user-guides/swap

Option 1: Deposit ETH or USDC into Demex (recommended 👍👍👍)

 * 1) Create an account with Demex: https://docs.dem.exchange/getting-started/creating-a-demex-account
 * 2) Note:
 * 3) The RECOMMENDED way is to create the account with a ledger. It's the cheapest and most secure as it doesn't require an activation fee.
 * 4) You can also create an Demex Account with BSC Metamask, and deposit normally. It is very cheap that way. But please remember to switch to BSC everytime you connect, as you will create different accounts when using ETH Metamask.
 * 5) Creating an account with encrypted key is free, but the first ETH/USDC deposit requires a one-time activation fee that is about 50 to 200 usd, depending on gas prices. This is paid to the ETH network to create a smart contract to link your Demex account to the ETH network.
 * 6) Creating an Demex account with Metamask requires a one-time creation fee that is estimated to be between 50 to 200 usd depending on gas prices. This is paid to the ETH network to create a smart contract to link your Demex account to the ETH network.
 * 7) You still get enormous savings as trades within tradehub is extremely cheap (<$1 to 0.25% of your trade)
 * 8) Deposit ETH or USDC into your Demex wallet : https://docs.dem.exchange/getting-started/deposits-and-withdrawals
 * 9) Trade your ETH/USDC for SWTH:
 * 10) SWTH/ETH: https://app.dem.exchange/trade/swth_eth1
 * 11) SWTH/USDC: https://app.dem.exchange/trade/swth_usdc1

Option 1: Deposit BUSD into Demex and trade! (recommended 👍👍👍)

 * 1) Create an account with Demex: https://docs.dem.exchange/getting-started/creating-a-demex-account
 * 2) Deposit BUSD into your Demex wallet : https://docs.dem.exchange/getting-started/deposits-and-withdrawals
 * 3) Trade your BUSD for SWTH: https://app.dem.exchange/trade/swth_busd1
 * 4) This is the CHEAPEST way to onboard to Demex.

Option 2: Buy from Pancakeswap
If you don't know what they are : https://academy.binance.com/en/articles/a-guide-to-pancakeswap


 * 1) Go to https://exchange.pancakeswap.finance/#/swap and unlock your wallet.
 * 2) You will need Binance Chain Wallet or Metamask with BSC
 * 3) Copy and paste the SWTH contract address from BscScan onto Pancakeswap’s ‘Exchange’ function when selecting a new token.
 * 4) SWTH-BSC Contract: 0x250b211ee44459dad5cd3bca803dd6a7ecb5d46c
 * 5) Verify here : https://bscscan.com/token/0x250b211ee44459dad5cd3bca803dd6a7ecb5d46c
 * 6) Make sure that you are using the correct SWTH contract address. The contract address is the only SWTH address for BSC. All other addresses are SCAMS.
 * 7) Select the token you want to buy SWTH with and click swap.

Standard blockchain network fees will apply, so do ensure that you have sufficient tokens in your wallet (BNB or ETH) for fees when depositing.

Well done! 😉

If you are confused, head over to telegram https://t.me/switcheo and ask away!

So now that you have SWTH, what can you do with it? Check the article here!

➡ https://blog.switcheo.network/all-you-need-to-know-about-hodling-swth/ ⬅