Currently, direct token swaps are not supported within the BankSocial App. However, you can swap your tokens using external platforms. This guide covers HBAR and $BSL swaps, plus tips for avoiding common issues.
Swapping HBAR Tokens
To swap HBAR, use Saucerswap Finance
Follow the platform instructions to complete your transaction
Swapping $BSL Tokens
Because $BSL has a 4% token tax, it’s important to set the correct slippage:
Set slippage tolerance to at least 4.1%
During periods of high market volatility, consider increasing slippage slightly to avoid rejected transactions
Use a platform or exchange that supports $BSL tokens
Troubleshooting Tips
If your swap fails:
Check slippage settings – For $BSL, ensure it’s 4.1% or higher
Verify your balance – Make sure you have enough tokens and transaction fees
Confirm network compatibility – Only use exchanges that support the token you’re swapping
Update your app or wallet – Using the latest version can prevent connection or display issues
Try again later – Network congestion or high volatility can temporarily cause failures
Never share your seed phrase or private keys on any exchange. BankSocial support will never ask for this information.