What is an Approve Transaction?
Last updated
Last updated
When first interacting with Allbridge Core (swapping tokens or providing liquidity) on EVM-compatible chains, you have to approve the token you wish to swap/deposit.
This gives Allbridge Core smart contract permission to access the token which you approved.
❗️Note that you might need to make an Approve transaction one more time if you use all of the Approved amount.
Here is a guide on how to make an Approve transaction:
Choose the chain and token you wish to approve.
Enter your transfer details.
Connect both wallets.
Press the Send button.
Approve the transaction in your wallet.
Note that you can manually edit spending caps.
After the Approve transaction is successful, you will see another transaction to swap the tokens.
After that you will be redirected to the progress page, where you will be able to see your transfer progress.