How do I convert my NEX tokens from one chain to another?
You can convert your NEX tokens between the NEO, Ethereum and Polygon blockchains. All NEX tokens on all chains count towards your total NEX-holding to calculate your dividend rewards.
To trade your NEX tokens, we recommend converting them to the Polygon blockchain, as this chain has the cheapest fees and largest liquidity trading pools.
Please be aware: you need to pay the transaction fee to convert your tokens.
When using the app to convert NEX, a small GAS fee is always incurred on the NEO3 blockchain. Additionally, when transferring NEX to another blockchain, such as Ethereum (ETH) or Polygon (MATIC), a separate fee is charged on the destination blockchain, payable in either ETH or MATIC, depending on the specific blockchain chosen for the conversion.
This is not a Nash fee, this is the fee paid to miners to confirm your transaction on-chain.
To convert your NEX from one network to another, please follow these steps:
- > Tap on Accounts
> Tap on the graph at the top of the page to open your wallet
- Open the NEX token you want to convert
- Tap on Convert
- > Enter the amount of NEX you want to convert
> Select on which blockchain you want to receive the NEX tokens
> Slide the button at the bottom to start the conversion
A conversion usually takes 15 minutes to complete, but can take up to 24 hours in some cases.