Academy / intermediate
Decentralized exchanges
8 minute read · intermediate
A decentralized exchange lets you swap tokens from your wallet. JC is not a DEX and does not route orders.
Slippage, sandwiching, and thin liquidity can make the received amount much worse than the quoted one.
Token approvals let a router move assets later. Limit allowances. Revoke what you no longer use.
A convert page on JC is a calculator. If another site offers to complete the swap after you used JC, treat it as unrelated and high risk.
Wallet safety
Always verify links through the project's official channels. Never provide your seed phrase or private key.
This lesson is education, not personalized financial advice.