# Token Swaps

[**Token swaps**](https://exchange.bearswap.finance/#/swap) on BearSwap are a simple way to trade one BEP-20 token for another via automated liquidity pools.

![](https://918910341-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MYrygWT2j7Y12Y2B2eK%2F-MYswj2K4HTe8JoU06e_%2F-MYt-_LhPcRyA9NVGrzD%2Fimage.png?alt=media\&token=bb408d8d-0d0d-462e-b6d8-d96aed6b9d07)

When you make a token swap (trade) on the exchange you will pay a **0.2% 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 Bearswap Finance Treasury.
