How to swap crypto with MoonPay through Ledger Live - margertannable/Ledger-Device-Solutions-890 GitHub Wiki

This article explains how to swap crypto with MoonPay through Ledger Live.

MoonPay’s non-custodial crypto swap platform allows you to exchange a wide variety of cryptocurrencies at a competitive rate.

Things to know

  • The swap feature is unavailable in certain countries.
  • It can take some time to receive your crypto. This is usually due to network congestion. However, if you’ve been waiting a while and still don’t see the exchanged crypto in your balance, please reach out to MoonPay support.

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Please download the last update of Ledger Live Application:

1.Ledger Live for Windows 10/11

2.Ledger Live for MAC

3.Ledger Live for Android

Before you begin

  • Make sure that you’re running the latest version of Ledger Live and the latest OS version on your Ledger device.
  • You will need an account for the crypto you want to swap.
  • It’s possible to get an error message when attempting to swap through the Ledger Live app. This can happen when your VPN is on, so please make sure to turn it off before attempting to swap.

How to swap crypto with MoonPay

  1. Open the Ledger Live app on your computer and click Swap on the left panel. 
  2. Under You send, select the dropdown menu to view all available assets to swap from. The CHOOSE ASSET menu will appear on the right-hand side.
    • In the search bar, type the name of the asset or scroll through to view all available options. Click the asset you want to swap from. 
    • Select the account you’d like to swap from or select Add Account. 
  3. Under You receive, select the dropdown menu to choose the asset you want to receive. The CHOOSE ASSET menu will appear on the right-hand side.
    • In the search bar, type the name of the asset or scroll through to view all available options. Click the asset you want to swap to. 
    • Select the account where you want to receive your assets, or choose Add account to create a new one.
  4. Enter the amount you want to exchange.  Note: There are defined minimal and maximal amounts you can exchange, which may vary depending on the coins.
    • Your available balance is shown on the right.
    • Click MAX to swap your entire balance.
  5. Review the available quotes on the right menu:
    • You’ll see different providers including 1inch, Uniswap, Thor4w swap, and MoonPay
    • Each quote shows if the rate is fixed or floating
    • Dollar equivalent values are displayed
    • Network fees are shown for each option
  6. Choose Swap with MoonPay.  **Floating or Fixed Rate for My Swap?**With a floating-rate swap, the rate varies based on market conditions, which means you could receive more or less than the initially quoted amount. A fixed-rate swap matches the quoted amount for your swap, regardless of further rate volatility.
  7. Connect and unlock your device.
  8. Allow Manager on your device.
  9. Open the Exchange app on your device.
  10. Review the swap transaction details:
    • This provides a basic rundown of your swap
    • Last chance to modify anything before submitting
  11. Validate the transaction on your device.
  12. Look for Transaction broadcasted successfully.
  13. Write down your Swap ID in case you need help later on. 

You have now exchanged crypto assets in Ledger Live! You will directly receive your coins in your Ledger account. It may take some time for the transaction to be processed and confirmed. Check the History tab to track the status of your swap transaction.