Make your swaps on the Arbitrum network for lower transaction fees
MEW Mobile is a free, non-custodial, and open-source web3 mobile wallet built by the MyEtherWallet team. With MEW Mobile, users and developers can generate accounts, manage tokens and NFTs, and interact with DApps on Arbitrum. Follow the instructions in this guide in order to swap on Arbitrum!
Arbitrum network is an Ethereum scalability solution platform. What does that mean? It works in a similar way to Ethereum, and supports many of the same assets and applications but offers significantly lower transaction fees and higher transaction speed.
You will need ETH in your wallet, on the Arbitrum network, to trade or make any other transactions.
If you'd like to trade some Ethereum assets you already own on Arbitrum with lower fees, first bridge your Ethereum tokens to Arbitrum.
To see how to get native Arbitrum ETH for gas, as well as move any tokens you want to trade from Ethereum to Arbitrum, follow our bridging guide here.
Swaps on Arbitrum work the same way as swaps on Ethereum. You can also buy ETH and tokens directly to your Arbitrum account in MEW Mobile in just a few steps.
To buy ETH on your MEW Mobile, unlock your MEW Mobile and make sure you are on the Arbitrum network at the top left.
You can change the network by clicking on the network dropdown menu then select ‘Arbitrum’.
Select ‘Swap’ on the bottom navigation bar then select ‘Buy Crypto’.
Select the account you want to purchase ETH for.
Select the token you would like to buy. In this example, we will choose ETH.
Select the amount you would like to purchase.
Then select your preferred provider.
Once you receive your ETH, you are ready to start swapping on Arbitrum! Swaps on Arbitrum work the same way as swaps on Ethereum.
To swap on Arbitrum on MEW Mobile, unlock your MEW Mobile and make sure you are on the Arbitrum network at the top left. Then go to the swap tab and select ‘Swap tokens’.
If you have multiple accounts, you can change which one you want to swap with at the top right dropdown menu.
Select the ‘ETH’ dropdown menu to change the token you want to swap.
Select the token you want to swap. We will choose ETH for this example.
Select the ‘Select token’ dropdown to choose the token you want to swap to.
Select the token you want. In this example, we will choose Aave.
Enter the amount you want to trade then select ‘Preview swap’.
You will be presented with the best offer from our swap providers.
If there are more offers you can select ‘Other Offers’ to view them. Select the offer with your preferred trade rate.
You can select ‘Proceed with Swap’ once you are satisfied with the exchange rate and transaction fee.
Your swap should be initiated once you confirm the swap. You can click ‘View progress’ to view your swap details.
After swapping you’ll be rewarded with 50 MEW Universe Energy.
You should be able to see your swap in progress. Once the swap is completed you should see that it now displays ‘Swapped’ under the transaction.
You can also view your swapped tokens in your wallet by going back to the ‘Wallet’ home page then click on your colorful account card to view your wallet holdings.
You should see that your swapped tokens are now in your Arbitrum wallet. In this case our ETH was swapped to Aave.
Thank you for checking out our guide on swapping tokens on Arbitrum with MEW Wallet! We would love to hear from you on our social media about any guide suggestions you have for the future. Don’t forget to download MEW Mobile app and share the app with your friends! If you prefer a browser experience, check out Enkrypt, our multichain browser wallet!
