A crypto swap is an exchange from one cryptoasset into another. On decentralized protocols, this often happens through smart contracts and liquidity pools.
Frequently asked questions
It means whoever controls the private keys or equivalent custody layer controls access to the assets. In self-custody, that is you. In a custodial account, that is typically the platform.
Not automatically. Self-custody removes one category of intermediary risk, but phishing, malicious approvals, fake tokens, bridges, and user errors remain real risks.
It is permission for a smart contract or dapp to move a specific token from your wallet. Unsafe or excessive approvals can be abused.
Yes. A small test transaction is a simple way to check the address, network, token, and interface before sending more.
Because route quality, liquidity, fees, supported networks, and security posture can differ materially across platforms.
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