Hello. I did a swap in the app from USDT to ETH. The gas fee was taken but I the swap did not take place. Can you please help?
Here is the transaction hash:
0xa01fe2297d97ce5b144dfb30afe77938cb07a61d01de133b5f1adf1356349471
When swapping tokens for the first time, you have to approve it first to be spendable. And, that is what you did just now.
Since you are done approving the token, you need to enter the amount that you want to exchange then press the swap button.
All in all, you will confirm two transactions: approve and swap
NB: Both token approval and swapping transactions needs gas fees.
Read more: What is Token Approval?
Hi Alan. Ok thank you for the information and for the prompt response. Have a great day.