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Token trading

Understand the quote, build, sign, and submit flow.

Get a quote

Open a coin’s page, choose buy or sell, and enter an amount. A quote estimates the route, output, and price impact. It can change before a transaction is confirmed. The MCP quote_trade tool is also read-only.

Slippage and amounts

Slippage is the difference you permit between a quote and execution. One hundred basis points is 1%. Increasing slippage permits a worse execution price; it does not guarantee a transaction will succeed.

REST transaction requests use raw token amounts as strings where specified. MCP quote_trade uses a decimal display amount. Do not substitute one format for the other.

Build, sign, and submit

Transaction building and wallet signing are separate. The build route requires a signed-in wallet and checks its chain format. An API key or MCP connection is not permission to spend from a wallet. Only sign the transaction after reviewing it.

If a transaction fails

Check the explorer for the transaction status before retrying. Common causes include insufficient gas, stale quotes, missing approvals, and wallet/network mismatch. A refreshed quote is preferable to repeatedly submitting a stale transaction.