# Token Swaps [Token swaps](https://exchange.hakuswap.com/#/swap) on HakuSwap are a simple way to trade one ERC20 token for another via automated liquidity pools. Swap any crypto tokens, and you will get HAKU rewards on every trade. When you make a token swap (trade) on the exchange, you will pay a LOW **0.20% trading fee**, which is broken down as follows: **0.1%** - Return to liquidity pools in the form of a fee reward for liquidity providers. **0.05%** - Buyback HAKU for xHAKU **0.05%** - Send to the Hakuswap Treasury. You can **get free HAKU as a reward for every trade**, so swap will help to earn more! Unlike other AMM decentralized exchanges on Avalanche, our recommended swap route is AVAX, not USDT or ETH. Arbitrage between HakuSwap and other DEXs or CEXs can cost way lower. --- # Agent Instructions: 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: ``` GET https://docs.hakuswap.com/product-and-features-guide/exchange/token-swaps.md?ask= ``` The question should be specific, self-contained, and written in natural language. 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.