How-To Guides
iSwap TeamDecember 16, 20253 min read

How to Use iSwap in 5 Minutes

How to Use iSwap in 5 Minutes

How to Use iSwap in 5 Minutes

Want to buy tokens that aren't available on Myntkaup? This guide will get you swapping in under 5 minutes.

What You'll Need

  • A smartphone or computer
  • A Web3 wallet (we'll help you set one up)
  • Some BNB or ETH to swap

Step 1: Set Up a Wallet (2 minutes)

If you don't have a crypto wallet yet:

  1. Download MetaMask from metamask.io
  2. Create a new wallet
  3. Write down your recovery phrase and store it safely — this is the only way to recover your wallet!
  4. Set a strong password

Already have a wallet? Skip to Step 2.

Step 2: Get Some Crypto (varies)

You'll need BNB (for BNB Chain swaps) to start:

  1. Buy BNB on Myntkaup using your Icelandic bank account
  2. Go to "Withdraw" in Myntkaup
  3. Enter your MetaMask wallet address (starts with 0x...)
  4. Confirm the withdrawal
  5. Wait a few minutes for it to arrive

Tip: Start small! Try 5,000 ISK worth to test the process.

Step 3: Connect to iSwap (30 seconds)

  1. Go to iswap.is
  2. Click "Connect Wallet" in the top right
  3. Select MetaMask (or your wallet)
  4. Approve the connection in your wallet

You're now connected! Your wallet address will appear in the top right.

Step 4: Make Your First Swap (1 minute)

  1. On the Swap page, select your "From" token (e.g., BNB)
  2. Select your "To" token (e.g., PEPE, WIF, or any token)
  3. Enter the amount you want to swap
  4. Review the quote — check the rate and fees
  5. Click "Swap"
  6. Confirm the transaction in your wallet

Important: The first time you swap a new token, you may need to click "Approve" first. This is normal!

Step 5: View Your New Tokens

After the swap confirms (usually 10-30 seconds):

  1. Open MetaMask
  2. Your new tokens should appear automatically
  3. If not, click "Import Token" and paste the token contract address

That's it! You've successfully swapped tokens on iSwap.

Tips for New Users

  • Start small — Test with small amounts first
  • Check slippage — Default 1% is fine for most tokens
  • Verify tokens — Always confirm you're swapping the correct token contract
  • Save gas — Swap during off-peak hours for lower fees
  • Bookmark — Only use iswap.is to avoid phishing sites

Need Help?

Ready to Earn?

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This guide is for educational purposes only. Cryptocurrency trading involves significant risk. Only swap what you can afford to lose.