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What is a swap and how it works in Mitilena?

Swapping crypto means instantly exchanging one token for another — for example, USDT to BNB — without using a centralized exchange (CEX). Unlike Binance or Coinbase, Mitilena doesn’t hold your keys, doesn’t ask for KYC, and never stores your funds.

With Mitilena Wallet, you can swap crypto directly from your cold wallet across Solana, BNB Smart Chain, Ethereum, and Tron. Just pick the networks, choose your wallet address, and confirm.

We’ll show you the best real-time quote. You’ll see:

• The final amount you'll receive
• Slippage info (we default to 0.5%)
• No extra fees — ever

Then you sign the transaction on your device — your private key stays on your phone or NFC card. After confirmation, the new token lands right into your wallet.

This is how blockchain was meant to be: fast, permissionless, private.

Before you start

First, select the blockchain you want to use. You can swap tokens within the same blockchain (like USDT to BNB on BNB Chain, or SOL to TRUMP on Solana).

Example for beginners: Let’s say you have 10 USDT on BNB Chain and want a bit of BNB to pay for fees. Select BNB Chain, choose "USDT → BNB", confirm, sign the transaction — done. Your BNB will appear in the same wallet. No CEX, no waiting, no unnecessary steps.

What about WBNB, WETH, or WSOL?

During swaps, you may see both wrapped tokens (like WBNB, WETH, WSOL) and their native versions (BNB, ETH, SOL) in the token selector.

You choose what you want to receive.

• If you select BNB as the output, you'll receive real BNB (automatically unwrapped).
• If you select WBNB, you'll receive wrapped BNB — exactly as shown.

Same logic works in reverse — when swapping from a token. You can swap from either native tokens or wrapped ones, depending on your wallet balance.

This gives you full control: you can work with wrapped tokens for DeFi protocols or stick with native coins for simpler transfers and payments.

What about wrapped coins like WBTC?

Some tokens like WBTC are wrapped by design and stay that way — they are secure and widely used in DeFi. WBTC is a tokenized version of Bitcoin that lives on Ethereum or BNB Chain and allows you to interact with smart contracts.

It’s safe to use and store, especially for active swaps or earning yields. But if you plan to hold Bitcoin long-term, you can always bridge WBTC back to real BTC using trusted bridges.