Question 1

How do I swap/exchange crypto?

Accepted Answer

1. Go to 'Wallets' tab → tap 'Swap'
2. Select the cryptocurrency to trade (your offering)
3. Choose the desired cryptocurrency (your desired asset)
4. Enter the swap amount
5. Choose the conversion rate
6. Set the transaction speed (default is regular)
7. Tap 'Continue' to review trade details
8. Tap 'Confirm' and swap to execute the transaction

Question 2

How to track my swap/exchange?

Accepted Answer

Unity Wallet keeps you informed at every step of the process. Once your swap is complete, you'll receive a notification either on your device or within the Unity Wallet app. Until then, the status of your trade remains as 'pending'. You can monitor its progress easily as follows:

'Transaction history' found under the 'Wallets' tab, or

The clock icon at the top of the Swap screen.

Question 3

What are swap duration & limits?

Accepted Answer

Swap Duration

Cross-chain swaps take 5-30 minutes, but can take longer based on asset pair and market. You'll get a notification when your swap arrives in Unity Wallet. Decentralized swaps are almost instant.

Swap Limits

Each asset pair has its own minimum and maximum swap amounts that change based on market conditions. Our goal is to minimize this amount, so that network fees paid to miners for processing transactions do not make up a large portion of the total swap. Current minimum and maximum limits can be found on the swap screen within the app.

Should you wish to swap an amount larger than the stated maximum, you can easily partition your trade into multiple transactions.

Question 4

Do I need to verify my identity to swap/exchange?

Accepted Answer

With Unity Wallet, you can exchange assets without the need for identity verification. However, there might be instances where our third-party providers require document verification for anti-money laundering (AML) purposes.

Seamless Swaps

FAQ