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May 162 min read

How To Use NeoSwap

GM Frens, Anons, Romans.

You may have seen NeoSwap on Stacks Twitter by now (if not, come follow us), or seen our mesmerizing GIFs being shared like below:


But what is it?

You are seeing the future of commerce. Smarter barter. Neo-barter to be precise. 

NeoSwap is a multi-item, multi-party NFT swap platform. You can bring any mix of NFTs and Stacks and get swapping.

You may end swapping & receiving:

  • only NFTs, 

  • only tokens, 

  • Tokens & NFTs

Right now NeoSwap is available on Stacks only, however, we have big plans for the future :)

So with that, where do you begin:

Step 1:

Connect with your Hiro wallet at the top right of the page, fill in your profile and add your email address.

Important: We need a verified email address so we can send you an email when the smart-contract is ready to sign! (we're anon friendly, so it can be any email address you use)

You will have to verify it before you can join a room.

Step 2:

Join the Room you have come for!

Step 3:

Select your NFTs you would be willing to trade.

Step 4:

Set your reserve prices on your NFTs

Click save & next!

Step 5:

You will see all the other NFTs people have brought to the room, select the ones you like!

Set your budget, you CANNOT overspend on this, so don't worry :)

Step 6:

Now you can bid on them- DON’T BE AFRAID to bid on them ALL, there is no way you can overspend, this is the cool part! Go have fun! 

Now the magic happens!!

The NS Algorithm does its thing and will propose you a trade.

Step 7:

If you like it, we will create a smart contract for everyone to sign and the trades take place!


It is that simple.

It can seem intimidating at first, and there are a few concepts to wrap your head around when you are used to the standard peer-to-peer swaps, but as you can see, it is really simple to use once you’ve walked through it!

So come swap frens :) 


P.S.

We are hosting daily NeoSwap Parties accompanied by Twitter spaces. 

Check out our Twitter here to find out more details:

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