How to Swap for the CGS Token on Uniswap

What is Uniswap?

Uniswap is a decentralized exchange (DEX) that allows users to trade digital currencies directly from their wallets without the need for intermediaries. It operates using Automated Market Maker (AMM) technology, meaning liquidity is provided by users who deposit tokens into pools.

How to Swap for the CGS Token on Uniswap

1. Set Up a Web3 Wallet
   • Before swapping for CGS, ensure you have a Web3-compatible wallet such as:
     • MetaMask (Browser Extension or Mobile App)
     • Trust Wallet
     • Coinbase Wallet
   • If you don’t have a wallet yet, download and set up one by following the official guides from the provider.
2. Fund Your Wallet with ETH
   • To execute a swap on Uniswap, you need Ethereum (ETH) to cover both the purchase of CGS and the network transaction fees (gas fees).
     • Buy ETH from a centralized exchange (e.g., Binance, Coinbase, Kraken) and send it to your Web3 wallet.
3. Go to Uniswap
   1. Open Uniswap in your browser.
   2. Click “Launch App” and connect your Web3 wallet.
4. Select the CGS Token
   • Since CGS is a new token, it might not appear in the Uniswap token list by default.
     • Click “Select Token” and copy and paste the CA address found in the footer of the website. This is the CGS Token Contract Address.
     • Important: Always verify the official CGS contract address from our website before proceeding.
5. Step 5: Adjust Slippage Tolerance
   • Some tokens require adjusting slippage tolerance (to 2%) to account for price fluctuations.
   • Click the settings icon and set an appropriate slippage percentage if your transaction fails.
6. Step 6: Swap ETH for CGS
   1. Enter the amount of ETH you wish to swap for CGS.
   2. Click “Swap”, review the transaction details, and confirm.
   3. Your wallet will prompt you to approve and confirm the transaction.
7. Add CGS to Your Wallet
   • After a successful swap, you may need to manually add CGS to your wallet:
     • Open your wallet and find the “Add Custom Token” option.
     • Enter the same CGS contract address you copied from the homepage footer.

Frequently Asked Questions

1. How much ETH do I need to buy CGS?
   • The amount depends on the current price of CGS and the gas fees at the time of your transaction.
2. What are gas fees?
   • Gas fees are Ethereum network fees required to process your transaction. These fluctuate based on network demand.
3. What if my transaction fails?
   • Try increasing the slippage tolerance and ensuring you have enough ETH for both the swap and gas fees.
4. Can I swap CGS for other tokens later?
   • Yes, once you have CGS, you can swap it for other ERC-20 tokens on Uniswap or other DEXs.