How do I swap assets?

Step 1 - On Valora’s Home screen, tap on the green Swap button.

Step 2 - Enter your swap details:

  1. Select the assets you want to swap.
  2. Input the amount you want to swap in either the From or To box. The corresponding amount will automatically populate the other box. This might take a few seconds. 
  3. Tap Review.

Step 3 - Complete Swap

  1. Review the details.
    Note: Transaction fees are paid using the Celo native asset with the highest balance in your account.
  2. Tap Complete Swap.
    The transaction will appear in your activity feed. This may take a few minutes.

 

FAQ

Why are some assets unavailable to swap?

An asset is unavailable to swap if there is no decentralized liquidity available for that asset. Decentralized liquidity is provided by other cryptocurrency users and makes it possible to exchange one asset type for another.

How can I swap unavailable assets?

For assets not listed, you can use a decentralized exchange (DEX) dapp. You can find dapp options by going to Menu > Dapps and selecting a dapp listed under the Swap section.

What does Valora use to facilitate swaps?

Valora helps connect you to decentralized liquidity to facilitate your swap. Valora uses the top decentralized liquidity providers in the cryptocurrency ecosystem, and at no point is any centralized entity providing liquidity, custodying tokens, or executing trades on your behalf.

Why did my swap fail?

Your swap likely failed due to slippage, which means that the price you were quoted is no longer available. Slippage occurs because of the volatility of the markets, which causes prices to change constantly. If your swap fails, please try again after a few minutes.

If you are using the Max button and your swap is failing, enter your max amount minus 0.01, then try again.

Why am I getting an unfavorable exchange rate?

Unfavorable exchange rates are usually the result of low liquidity for the asset pair you're trying to swap. This creates higher price volatility. 

Why does Valora allow unfavorable exchange rates?

Sometimes, users may choose to swap an asset despite the exchange rate issue. To provide users with as much autonomy over their assets as possible, Valora does not prevent these swaps. All users need to do their research and carefully review all details before completing a transaction.

The Swap page is unavailable in the UK, Singapore, the Philippines, and Japan due to regulatory restrictions. 

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