> For the complete documentation index, see [llms.txt](https://gitbook.simplifyerc.com/simplify-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://gitbook.simplifyerc.com/simplify-whitepaper/how-to/buy-sell-erc-314-token.md). # Buy/Sell ERC-314 token Want to buy ERC-314 tokens? It's straightforward: 1. Send your ETH to our contract address. 2. The contract automatically calculates and sends back the equivalent amount in ERC-314 tokens to your wallet. Selling is just as easy. Follow the same process in reverse, and the contract will handle the conversion from ERC-314 tokens back to ETH. Plus, we've made things even easier with our integrated swap feature in our decentralized application (dApp), offering a traditional swap/dex interface for a seamless process. ## 1) Buy/Sell with Our Integrated Swap Buying or selling through our dApp couldn't be simpler: * Visit our dApp and connect your wallet using the button at the top right. * Look for the swap area to the right of the chart. It's designed to be as intuitive as any swap platform you've used before, making the process user-friendly for everyone. * To sell, just click the swap arrow between the ETH and token fields. This lets you exchange your tokens for ETH effortlessly.

Swap is in the red frame

## 2) Directly Buy/Sell by Sending ETH/TOKEN (Dive Deeper into Tech) For those who like a bit more of a technical challenge, you can directly send ETH to the contract. If MetaMask warns you, just click "I understand" and proceed with the transaction. This method offers a hands-on approach to interact directly with our smart contract, perfect for those who appreciate the technical side of things.

Warning message

### How to Manage Your ERC-314 Tokens in your wallet: A Step-by-Step Guide After you've sent your ETH, here's how to make your new ERC-314 tokens show up in your wallet, just like they would after a traditional swap on Uniswap or other decentralized exchanges (DEXs). Plus, you'll find this method approximately 4-5 times cheaper than a typical swap, costing only twice as much as a regular ETH transfer. #### Adding Your New Tokens to Your Wallet 1. Copy and paste our contract address into the "Import Token" section of your wallet. 2. Also add our token's ticker if it's not automatically detected. 3. Add the token to see it displayed in your wallet. You should now see your $SIMP tokens as if you completed a standard swap on a DEX.
### Selling Your Tokens #### To sell, simply reverse the process: * Instead of sending ETH to the contract, send the amount of $SIMP tokens you wish to sell. * You'll receive ETH directly back into your wallet, just like that. ## **Additional things:** 1. **Bot Transactions:** You can use bots like Banana/Maestro to send ETH/Token to the contract. However, keep in mind that it won't display the trade monitor. 2. **Trading Without Connecting Your Wallet:** If you prefer not to connect your wallet to our dApp for trading, you can still check your tokens' value. Visit the Etherscan token page and use the specified function (XXXXXX) on the contract, or simply calculate the value by multiplying the number of tokens you have by the price indicated on the chart. The price impact mirrors that of transactions on Uniswap or other DEXs. 3. **Price Impact: The price impact of trading ERC-314 tokens is the same as you'd experience with a typical ERC-20 token swap.** This process ensures you can buy and sell ERC-314 tokens efficiently, enjoying lower transaction costs while managing your investments directly from your wallet. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://gitbook.simplifyerc.com/simplify-whitepaper/how-to/buy-sell-erc-314-token.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.