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How to swap crypto safely

Most swap problems happen before the deposit is sent, and most are preventable. This checklist covers the real risks, how Monivo handles your funds, and what to do if something goes wrong.

Is crypto swapping safe?

Mostly, the risks sit on the sender's side and can be prevented. The common mistakes are:

  • Sending on the wrong network.
  • Leaving out a required memo or destination tag.
  • A mistyped or wrong destination address.
  • Sending after a fixed quote has expired.
  • Sending from an exchange that batches or delays withdrawals.

Checklist before you send

  • The destination address comes from your own wallet and is copied, not typed.
  • The network matches on both sides.
  • The memo or tag is included where required.
  • The amount is within the provider's stated range.
  • A refund address is set.
  • The fixed-rate window, if you chose one, is still open.

Is Monivo safe?

Monivo is non-custodial: you send directly to the provider's deposit address and your payout goes straight to your wallet. Monivo never holds your funds.

No account is needed to start a crypto-to-crypto swap. Providers may still apply AML, sanctions, fraud or identity checks in some cases, depending on the provider, the transaction and the jurisdiction. Live support is available 24/7.

If something goes wrong

Keep your order ID and the deposit transaction hash. Refunds are handled by the provider that received your deposit, and network fees may apply. Contact support with both details so the case can be followed up with the provider.

Frequently asked questions

Is crypto swapping safe?

It is when you check the network, address, memo and quote window before sending. Most losses come from sender-side mistakes that a short checklist prevents.

Is Monivo safe?

Monivo is non-custodial and never holds your funds: deposits go to the provider and payouts go straight to your wallet. Providers can still run compliance checks on some orders.

Can a swap be reversed?

Blockchain transactions cannot be reversed. If a swap fails or is refunded, the provider sends the funds back as a new transaction, and network fees may apply.

What if I sent on the wrong network?

Recovery is sometimes possible, depending on the provider and the network. Contact support with the transaction hash as soon as possible.

Ready to swap?

Compare live quotes, then run through the checklist before you send.

Compare live quotes

Related: Crypto swap refunds · Why a no-KYC exchange asks for ID · Non-custodial crypto exchange · About Monivo · Contact support

Ready to swap? Here's exactly what to do

Three steps, no account and no ID. Monivo compares live rates across every connected provider and sends the coins straight to your own wallet.

  1. 1Pick the pair and the amount you want to exchange — the widget shows the compared rate before you commit.
  2. 2Paste the wallet address that should receive the funds, then confirm the quote.
  3. 3Send your deposit to the address shown. The swap settles automatically, usually in minutes.
Start your swap now

Non-custodial: Monivo never holds your coins and never asks for an account.