# Instant Swaps

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**Start swapping on Spin 👉** [**https://trade.spin.fi/swap**](https://trade.spin.fi/swap)**.**
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## Quick Overview

**Instant swaps** allow users to quickly exchange one asset for another using a simplified AMM-like interface. When a user swaps one asset for another, a market taker order is instantly executed in the Spin spot order book, and the exchanged token is immediately transferred to the user’s wallet.

Instant swaps through Spin’s order book are **\~3 times cheaper** than swaps on AMM DEXes and usually have more accurate pricing even if larger-size trades are executed.

<figure><img src="/files/x1bxH10vqfyvbyShAPeP" alt=""><figcaption></figcaption></figure>

## How to swap on Spin?

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If you don't yet have a NEAR wallet, please check the wallet creation instructions in the [Spot Trading section](/products/spot-trading.md#how-to-trade-on-spot).
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Users, who want to exchange one asset for another without interacting with the order book can use the Instant Swaps feature.

1. Visit <https://trade.spin.fi/swap>.
2. Connect your wallet.
3. Choose the assets you want to exchange.
4. Optionally click on a gear icon and adjust the slippage settings. This parameter represents the possible range of the number of tokens you will receive. For example, if the slippage is set to 1%, the total number of tokens could be 1% lower than the initial amount shown.
5. Click on the *Swap* button and approve the transaction.
6. Funds will be automatically transferred to your wallet.

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The Instant Swaps feature interacts with the user’s wallet directly, without using the intermediary exchange account. Thus, assets held on the Spin account cannot be exchanged through Instant Swaps.
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At the moment, users can swap any assets via USDC. For example, if the user wants to change NEAR to REF, it can be done within two steps: swapping NEAR for USDC and then swapping USDC for REF.

Shortly the Spin team will implement a feature for one-step swapping with advanced routing. That will allow users to exchange all assets listed on Spin in a single click.

## Video Guide

If you prefer video guides, feel free to watch this Swapping Tutorial prepared by a member of the Spin community ;)

{% embed url="<https://twitter.com/iPakistani10/status/1596547057015468037>" %}


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