Please note: The Swap page is unavailable in the UK, Singapore, the Philippines, and Japan due to regulatory restrictions.
Step 1 - On Valora’s Home screen, tap the green Swap button.
Step 2 - Enter Swap Details
- Select the tokens to be swapped.
- Valora supports most swap pairs across its supported networks. Ensure the selected tokens are on the correct network.
- Input the amount to be swapped.
Step 3 - Complete Swap
- Review the details to ensure accuracy and that they are acceptable.
- Confirm that sufficient funds are available for any associated fees listed.
- Tap Complete Swap.
The transaction will appear in the activity feed. This process may take a few minutes.
FAQ
What tokens are used for swap fees?
- Valora’s fee is taken from the originating token.
- The network fee is taken from the chain’s native token (e.g., ETH for Ethereum).
- The cross-chain fee is also taken from the chain’s native token (e.g., CELO on the Celo network or ETH on Ethereum).
For more information, refer to the article on transaction fees.
Why are some tokens unavailable for swapping?
A token is unavailable for swapping if there is no decentralized liquidity available. Decentralized liquidity is provided by other cryptocurrency users, enabling the exchange of tokens.
How can unavailable tokens be swapped?
Users may be able to use a decentralized exchange (DEX) dapp for tokens that are not listed.
- Go to Valora's home screen and tap Discover in the bottom navigation bar.
- Select a dapp from the Swap section.
What does Valora use to facilitate swaps?
Valora connects users to decentralized liquidity to facilitate swaps. Valora uses top decentralized liquidity providers, and no centralized entity is involved in providing liquidity, custodying tokens, or executing trades on behalf of users.
Providers include:
Why did a swap fail?
A swap likely failed due to slippage, meaning the quoted price is no longer available. Slippage occurs because of market volatility. If a swap fails, try again after a few minutes.
If the Max button was used and the swap failed, enter the maximum amount minus 0.01, then try again.
Why is an unfavorable exchange rate being displayed?
Unfavorable exchange rates are usually due to low liquidity for the selected swap pair, causing higher price volatility.
Why does Valora allow swaps with unfavorable exchange rates?
Valora allows users to proceed with swaps despite unfavorable rates to provide autonomy over tokens. It is important that users research and review all details before completing a transaction.