> For the complete documentation index, see [llms.txt](https://nekoswap.gitbook.io/nekoswap/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nekoswap.gitbook.io/nekoswap/product-features/trading.md).
# Trading
Token swapping on Neko Swap is a simple way to trade one token for another through automatic liquidity pools.
When you perform a token swap (trade) on the exchange, you will pay a transaction fee of 0.3%, which is distributed as follows:
0.15% - Returned to the liquidity pool in the form of liquidity provider fee rewards.
0.02% - Sent to the Neko Swap Treasury.
0.08% - Used for Neko token buyback and burning.
0.05% - Used for Neko runes dividends.
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