📝 Description
Waltio sometimes creates two transactions where you only performed one. This is particularly common for swaps made on decentralised exchanges (such as Uniswap).
The reason: A swap (or exchange) is actually a withdrawal of one crypto and a deposit of another crypto. For example, swapping 1 ETH for 20 AAVE is equivalent to: withdrawing 1 ETH + depositing 20 AAVE.
⚠️ Warnings
This behaviour is normal and intentional. Waltio retrieves data from blockchain explorers (such as Etherscan), which provide data in this way.
Do not manually delete these transactions without understanding the tax impact.
📂 What to Do When There Are Two Transactions for One?
In most cases: nothing. Waltio automatically matches the corresponding withdrawals and deposits.
If you see a "withdrawal to categorise" warning: If Waltio cannot automatically associate the two transactions, you will see a warning. In this case:
Identify the corresponding withdrawal and deposit
Apply the "Swap" label to the transactions concerned, or
Associate them manually using the consolidation feature
💡 Additional Information
To learn how to manually associate transactions, see the article Consolidating your transactions.
To understand the available labels, consult your Waltio help center.