> For the complete documentation index, see [llms.txt](https://oboswap.gitbook.io/oboswap/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://oboswap.gitbook.io/oboswap/exchange/token-swaps.md).

# Token Swaps

![](https://1242063442-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FfnqB8joyTToeXNiQ0CdQ%2Fuploads%2FpLdY1mFGpHfwZBeLEeIt%2FSWAPTRADE%20\(7\).png?alt=media\&token=90a12e3e-c721-4759-94e6-3b977c1cea17)

**Token swaps** on Oboswap are a simple way to trade one ERC-20 token for another via automated liquidity pools.

* <https://eth.oboswap.com/#/swap>
* <https://bsc.oboswap.com/#/swap>
* <https://poly.oboswap.com/#/swap>

![](https://1242063442-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FfnqB8joyTToeXNiQ0CdQ%2Fuploads%2Fq7IGKJgamEFhhm2RGO3U%2Fimage.png?alt=media\&token=59203ffa-8820-4ed0-a93f-d986b75dd4df)

When you make a token swap (trade) on the exchange you will pay a **0.25% trading fee**, which is broken down as follows:

**0.17%** - Returned to Liquidity Pools in the form of a fee reward for liquidity providers.

**0.03%** - Sent to the Oboswap Treasury.

**0.03%** - Sent towards OBOS buyback and burn.