1. Market risk
Cryptocurrency prices are volatile and can move sharply in seconds. The rate you approve at the review step is the rate you receive — but if you delay the transaction while the market moves, re-quote before signing. Swaps have no guaranteed returns; value can fall after a swap just as it can rise.
- Slippage — during fast markets the amount you receive may differ slightly from the quote at the moment of execution. The review step shows the expected receive amount and estimated slippage before you sign.
- Illiquidity — for low-volume pairs, liquidity may be thin. A large swap can move the price, which the routing engine reflects in the quote.
- Stablecoin depegging — fiat-pegged assets such as USDC or USDT can temporarily or permanently trade above or below their peg. Receiving a "stablecoin" is not the same as receiving fiat.
- Fork or chain reorganisation — in the rare case a chain forks or reorgs, confirmed transactions may be affected by the fork's own rules, over which Swapcoin has no control.
Never invest funds you cannot afford to lose, and do not treat a swap as savings. Every swap is an exchange of one volatile asset for another — value can fall afterwards just as it can rise.
2. Smart-contract and protocol risk
Swapcoin routes through third-party protocols, DEXes, bridges and networks. Like all on-chain software, these contracts carry the risk of undiscovered bugs or exploits. Swapcoin mitigates this by aggregating and monitoring routes, but it cannot eliminate the risk of interacting with code written by third parties.
- Exploit risk — a vulnerability in a DEX or bridge contract could allow funds to be drained. This is inherent to relying on third-party code.
- Upgrade risk — some protocols use upgradeable contracts whose owners can change behaviour. Swapcoin does not control provider governance.
- Approval risk — tokens may require an approval transaction granting a contract permission to spend a certain amount. Approve only the amount needed and revoke unused approvals where your wallet supports it.
- Deprecation risk — a provider may pause, retire or migrate its contracts, which can delay or interrupt routes built on them.
Swapcoin aggregates and monitors routes in an attempt to steer around known or distressed providers, but "aggregate" does not mean "guarantee". Interacting with third-party contracts always carries risk that no interface can fully remove.
3. Network risk
Transactions are confirmed by the relevant blockchain. Congestion can raise gas fees and delay confirmation, and in rare cases a network or bridge may experience an outage. Swapcoin displays network status and effective costs before you sign so you can decide whether to proceed.
- Gas spikes — on busy networks, fees can rise sharply. Slow or unconfirmed transactions may be stuck until congestion clears or the network drops them.
- Bridge delays — cross-chain routes rely on bridge validators and relayers. Confirmations can take minutes to hours depending on the bridge and network state.
- Outages — a network or RPC infrastructure outage can temporarily block quotes or submission. Monitor status before signing large swaps.
4. Custody and user responsibility
Because Swapcoin is non-custodial, you are responsible for your wallet, your private keys and the funds you send. Always verify the destination address and the details in your wallet before signing. The service cannot recover funds sent from a compromised wallet or reverse an on-chain transaction.
- Losing your seed phrase means losing access to your funds forever — there is no recovery, password reset or support override on-chain.
- An address entered incorrectly, or a contract that behaves unexpectedly, cannot be "rolled back" by anyone, including Swapcoin.
- Keep your keys to yourself in every situation. Anyone holding your seed phrase controls your funds, regardless of what the service interface shows.
5. Technology risk
Web interfaces, wallets and browser extensions are themselves software and can contain bugs or be targets of attack. Updates to your wallet or its dependencies may occasionally change behaviour. You are responsible for keeping your wallet software, browser and device updated, and for reviewing what each connection and approval requests before granting it.
6. Regulatory risk
Distributed ledgers and digital assets remain subject to evolving and inconsistent regulation across jurisdictions. Legal treatment of a given token or activity can change, sometimes retroactively, and may affect the value of assets or the availability of the service where you are located. Swapcoin does not warrant that any use of the service is legal in your jurisdiction — that is for you to determine.
7. Tax risk
In many jurisdictions, swapping one digital asset for another is a taxable event — even when no fiat is withdrawn. You are responsible for understanding and reporting your obligations, including record-keeping of swap dates, pairs and amounts. Swapcoin does not provide tax advice and cannot calculate or file your taxes.
8. Phishing and scam risk
The most common way people lose crypto is not a chain exploit but a social one — clicking a fake link, approving a malicious contract, or sharing a seed phrase.
- Always type or use a saved bookmark of the Swapcoin address rather than following links from DMs, ads or search results.
- Never share your seed phrase — with anyone, for any reason, ever.
- Verify contract addresses in your wallet against those announced through trusted official channels before approving.
- Be sceptical of "support agents", "gift" airdrops, and anyone who asks you to send funds "to verify" your wallet.
9. Not financial advice
Nothing on Swapcoin — including this page, any blog content or any quote displayed in the interface — is investment advice or a recommendation to buy, sell, or hold any asset. Quotes are the output of routing logic, not a statement about the quality or future value of a token. Consider your own risk tolerance and, if appropriate, consult an independent adviser before trading.
10. Acceptance
By using Swapcoin you confirm that you:
- are of legal age in your jurisdiction;
- understand that digital assets are volatile and can lose value;
- accept the risks described above and in the Terms of Use; and
- agree that you interact with third-party protocols at your own discretion and responsibility.
If you do not understand or accept a risk, do not sign. There is always the option to step back — no transaction is the cheapest transaction.