Hello 👋

You regularly ask us why Waltio creates two swap transactions on a decentralised exchange (such as Uniswap).

The reason is simple: a swap (or exchange) is actually a withdrawal from one crypto and a deposit from another crypto.

Example: I swap 1 ETH for 20 AAVE. In reality, I have withdrawn 1 ETH and deposited 20 AAVE.

When you add your address to your Waltio account, we retrieve the data from explorers such asEtherscan. And that's how they provide the data.

In most cases, nothing at all. Waltio will automatically match withdrawals and deposits.

However, sometimes Waltio cannot match a withdrawal with its deposit, in which case a warning will appear:

Withdrawal to be categorised

This should be corrected:

👉 By labelling transactions with the "Swap" label.

If you have any further questions, please don't hesitate to contact us via the Chatbot at the bottom right of your screen! 💬

The Waltio team