Ancrypto
  • Home
  • Media
  • Blog
  • About Us
  • Download Whitepaper
  • Download
Select Page

Getting Started

  • How to create a new wallet?
  • How to import your wallet
  • How to use the chat feature of the AnCrypto wallet?
  • How to use the wallet connect feature
  • How to send invites to friends for the AnCrypto app

Managing Wallet

  • How to search and add other DApps to your AnCrypto wallet
  • How to use the chat feature of the AnCrypto wallet?
  • How to use the wallet connect feature
  • How to check the notifications and Deposit details on the AnCrypto app
  • How to manage or change the Profile privacy preference of your AnCrypto app
  • How to manage and add wallet after setting up the app
  • How to block and unblock users on AnCrypto?
  • How to change and setup a new AnCrypto Security pin
  • How to turn on or off push notifications for your AnCrypto app
  • How to change the currency preference
  • How to manage, add cryptocurrency listings to the AnCrypto app’s dashboard?

Managing Tokens

  • How to send crypto currency using AnCrypto
  • How to receive currency or How to share your public address
  • How to add new tokens or cryptocurrencies to your AnCrypto wallet

Transactions & Gas

  • How to add new tokens or cryptocurrencies to your AnCrypto wallet

NFTs

  • NFT tokens in your AnCrypto wallet

Swap & Bridge

  • Difference between the Swap and Bridge feature of AnCrypto
  • How to add new tokens or cryptocurrencies to your AnCrypto wallet
  • How to use the wallet connect feature

In-Chat transfers

  • How to use the chat feature of the AnCrypto wallet
  • How to send crypto currency using AnCrypto
  • How to receive currency or How to share your public address
  • How to add contacts and send invites on the AnCrypto app
  • How to block and unblock users on AnCrypto?

Privacy & Security

  • How to block and unblock users on AnCrypto?
  • How to change and setup a new AnCrypto Security pin
  • How to Delete a wallet from the AnCrypto app
  • How to reveal your Secret Recovery Phrase
  • What is a ‘Secret Recovery Phrase’ and how to keep your crypto wallet secure
  • How to manage or change the Profile privacy preference of your AnCrypto app

Troubleshooting

  • Resetting your account in the event of a stuck or pending transaction
  • Can I reverse an already confirmed transaction?
  • I’ve been hacked/scammed (unauthorised transactions on my account)
  • What to do when your balance of tokens is incorrect
  • How to restore your MetaMask wallet from Secret Recovery Phrase
  • How to recover your Secret Recovery Phrase
  • Difference between “Add watch only wallet” and “Create and import wallet feature”
  • Third-party swaps platforms
  • What are imported accounts?

Third-party swaps platforms

Table of Contents
  • DEXs vs CEXs
  • Price variation
  • Impermanent loss

There are a number of third-party token-swapping platforms on the internet. And as AnCrypto is a multi-blockchain crypto wallet and decentralized platform, you are going to use many third-party swap platforms using the AnCrypto wallet. In this particular article, we are telling you about some common issues that commonly occur while swapping tokens. Although, please note that any of these third-party platforms or organizations are not affiliated with AnCrypto. 

Also, note that some profound third-party exchanges are not backed by any company, thus they might not provide complete customer support. We also advise you to be cautious while engaging with these products through common channels such as Discord and Twitter.  

And do not ever provide your Secret Recovery Phrase to anyone. 

Popular third-party swap support services 

  • Uniswap
  • Pancake
  • Justswap
  • Compund
  • Sushiswap
  • Quickswap

#

DEXs vs CEXs #

Decentralized Exchanges are more or less like public services in comparison to profitable businesses. But it is still debatable how decentralized these decentralized exchange platforms are. Commonly DEXs are open software projects as their codes are open and easily accessible on the blockchain. Thus, depending on the way in which these protocols are pending, users can interact with them in a dependable way. Some of the best examples of DEXs platforms are Uniswap, SushiSwap, Quickswap, etc. 

On the other hand, centralized exchange platforms are more similar to investment banks. CEX can also help you interact with cryptocurrencies in a more traditional and bank-like environment by integrating with nationally-issues fiat currencies and providing a platform for fiat onramp

A Centralized Exchange, on the other hand, is something more akin to an investment bank. A CEX often serves as a “fiat onramp/offramp”, integrating with a nationally-issued fiat currency, and allowing users to interact with cryptocurrencies in a more traditional, bank-like environment. CEXs often report users’ account and balance information to tax authorities, whereas while interacting with a DEX, this may be left to the responsibility of the user.

Price variation #

Price variation is commonly experienced by users using DeFi. As the gas fees could vary depending on the crowd on the network. 

Impermanent loss #

This is also a common phenomenon of decentralized third-party swap platforms, often experienced by the users participating in liquidity pools.

 

What are your Feelings
Updated on November 9, 2022
Difference between “Add watch only wallet” and “Create and import wallet feature”What are imported accounts?

Powered by BetterDocs

Table of Contents
  • DEXs vs CEXs
  • Price variation
  • Impermanent loss

AnCrypto is committed to address the gaps of legacy finance. It’s a long journey and we would like you aboard. Subscribe to our newsletter and be a part of a growing community.


    Company

    • About Us
    • Contact Us

    Legal

    • Privacy Policy – Android
    • Privacy Policy – iOS
    • Terms & Conditions

    Support

    • Help Center
    ©2023 AnCrypto. | All rights reserved.