Tutorial

How to do a token swap

3 Nov. 2022

NEWS exists both as an Ethereum (ERC-20)-based token and a Luniverse (LMT)-based token. This tutorial covers how NEWS token holders can swap one type of NEWS token for another (i.e., NEWS-LMT for NEWS-ETH and vice versa).

  1. Sign in to PUBLISHlink and select NEWS 스왑스테이션 (NEWS swap station) from the menu.
    PUBLISHlink - (home) page
  2. Click the the 스왑정보 생성 (initiate swap) button.
    PUBLISHlink - NEWS 스왑스테이션 (NEWS swap station) page
  3. Select the type of NEWS token you would like to swap from the 입금망 (deposit blockchain) dropdown.
    PUBLISHlink - NEWS 스왑스테이션 (NEWS swap station) page
  4. Enter the wallet address of the other type of NEWS token you would like to receive.
    PUBLISHlink - NEWS 스왑스테이션 (NEWS swap station) page
  5. Click the 스왑정보 생성 (initiate swap) button.
    PUBLISHlink - NEWS 스왑스테이션 (NEWS swap station) page
  6. Scroll down to the 스왑정보 생성목록 (token swap history) to see the result of the swap. Note that it can take up to 15 minutes for the swap to be reflected in your token swap history.
    PUBLISHlink - NEWS 스왑스테이션 (NEWS swap station) page

Notes:

  • Please be aware of any travel rules before transferring tokens to your PUBLISHlink account for the purpose of doing a token swap.
  • Once a token swap has been initiated, tokens will be automatically converted and withdrawn to the wallet address you entered. This action cannot be undone.
  • If the amount deposited is less than the total of both the swap amount and the transaction fee, the swap shall not be processed and the transaction fee shall not be recoverable.
  • PUBLISH shall not be held responsible for any loss you incur as a result of your own negligence.
  • As each blockchain network accepts a different precision of decimal places, the amount you request to be swapped may be truncated.
  • For additional enquiries, please visit our Kakao Channel at http://pf.kakao.com/_PxlsqK
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