> For the complete documentation index, see [llms.txt](https://nftswaps.gitbook.io/nftswaps/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nftswaps.gitbook.io/nftswaps/how-it-works.md).

# How NFTSwaps works?

NFTSwaps simplified.

Using NFTSwaps, anyone can deposit their NFT to the NFTSwaps required pool and obtain BEP20 token derivatives that can be exchanged directly on PancakeSwap and BakerySwap from the NFTSwaps UI. 

NFTSwaps hopes to solve the price discovery and liquidity issue in the NFT space by building a secondary market for BEP20 derivatives of NFT (NFTname(SuffixX)). Addressing these issues creates arbitrage opportunities and encourages investors to profit from their NFTs.

![How it works Simplified - 01](https://2198240260-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MUrrPxu_gM2m8rO5poK%2F-MZ2iH-wqBWbT2YmN1Xz%2F-MZ2iSXiMtl7HPRUlMDr%2Finfo%20graphics-01.jpg?alt=media\&token=4f403487-bd06-464e-972a-08554a25d118)

![How it works Simplified - 02](https://2198240260-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MUrrPxu_gM2m8rO5poK%2F-MZ2iH-wqBWbT2YmN1Xz%2F-MZ2im5DZmreubg3Lo75%2FInfo%20graphics%20-02.jpg?alt=media\&token=d87c2104-cb55-45d3-9f4c-1b5dfa64fbc3)