# Multiswap

Multiswap is designed to give you more flexibility and efficiency in managing your cryptocurrency portfolio by allowing you to convert selected coin balances into your preferred base currency instantly.

### What is Multiswap? <a href="#what-is-multiswap" id="what-is-multiswap"></a>

Multiswap is a feature that enables you to convert the balance of selected coins into a different base currency of your choice, **using a market order**. This can be particularly useful for portfolio rebalancing, taking advantage of market opportunities, or simply consolidating your holdings into a preferred currency.

### How to Access Multiswap <a href="#how-to-access-multiswap" id="how-to-access-multiswap"></a>

You can find the Multiswap feature within your Coinrule dashboard or in your wallet modal.

<figure><img src="https://files.atlas.so/ObZftbPDSoA4Re150AiT_image.png" alt=""><figcaption></figcaption></figure>

Simply navigate to this section, and you'll see the option to '**Multiswap'** your coins for each connected exchange/Smart Account.

### How to use Multiswap <a href="#how-multiswap-works" id="how-multiswap-works"></a>

1. **Select the Coin to Swap**: In the Multiswap interface, select the coin balance you wish to convert.
2. **Choose Your Base Currency**: Select your preferred base currency to which you want to convert your chosen coin.
3. **Conversion Using Market Order**: The conversion will be executed using a market order. This means your swap will be processed at the current market price for the coin pair, ensuring a swift execution.
4. **Availability**: It's important to note that Multiswap can only be used if a direct coin pair exists with your selected base currency. If no such pair exists, the swap cannot be completed.
5. **Swap**: Once you click the '**swap**' icon above, a Multiswap rule will be created and you can view the status of the swaps on the Activity Log.&#x20;

### Benefits of Using Multiswap <a href="#benefits-of-using-multiswap" id="benefits-of-using-multiswap"></a>

* **Speed**: Convert your cryptocurrencies quickly to react to market changes or opportunities.
* **Simplicity**: A straightforward process that makes managing your portfolio easier.
* **Efficiency**: Helps in rebalancing your portfolio without the need to manually search for coin pairs or execute multiple trades.
