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Swap with Primex
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Written by Primex Finance
Updated over a week ago

Swap functionality has been added as a third option on the trading page alongside Margin and Spot 1X trades. It allows users to swap between supported tokens without opening or closing any positions.

Traders can choose to swap either by Market or Limit price. A market swap is executed at the current market price, while a limit swap allows the Trader to set a specific price at which their trade will be executed through Primex's decentralized network of Keepers.

NOTE: The key difference between Spot 1X and Swap features is that Swap allows only to buy/sell assets at the Market or Limit price but doesn't have the option to either track/modify or exit the position unlike Spot 1X, which provides a Trader with the Take Profit and Stop Loss closing orders. Please, refer to the Trader Guides section for more details on how to trade with each of the features.

To learn how to Swap, please refer to How to do a Market Swap and How to do a Limit Swap.

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