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Waltio creates two transactions for one

An exchange transaction displayed as a deposit and a withdrawal

Updated over a week ago

Hello 👋

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

Why does Waltio create two transactions?

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 In reality, I have withdrawn 1 ETH and deposited 20 AAVE.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.

What do I have to do?

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:

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

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