6.0.5. How to Transfer or Swap Your cTokens
cTokens are ERC20 tokens, meaning they can be viewed on Etherscan at any time or swapped for any other ERC20 token using any of the Ethereum decentralised exchanges such as Uniswap.
To swap your cTokens, see the practical sessions of Lecture 6 in Course 4.
You can also transfer your cToken to another wallet. The process is similar to how you transfer any crypto from one wallet to another. See the lessons in Grade 7 of the PSOC.
However, exercise caution! By transferring cTokens, you’re transferring your balance of the underlying asset inside the Compound Protocol. If you send a cToken to your friend, your balance (viewable in the Supply Balance on the Compound dashboard) will decline, and your friend will see their balance increase.
Note that a cToken transfer will fail if the transfer will put the account into a state of negative liquidity.