Why your swap needs a refund address
Most people fill in this field on autopilot. Here is what it actually does, and why it should always point to a wallet you control.
Each swap on Swap1337 asks you for two addresses. The first is where the coin you are buying gets delivered. The second is the refund address: if the swap cannot be completed, that is where your original coins are sent back.
What triggers a refund
- Your deposit falls below the minimum, or lands far above the amount the swap expected.
- A fixed rate ran out before your deposit arrived, and you decline the new rate.
- The exchange itself could not go through.
- A compliance check finished with a refund rather than a release.
Make it an address you own
Refunds return on the network you sent from, so the refund address has to belong to the coin you are sending. Pick a fresh address from a wallet you control. A refund then arrives fast, you can see it straight away, and your swap stays unlinked from any exchange account.
How we validate it
Before your swap is created, we confirm that the refund address has a valid format for the coin you send, exactly as we do for the receiving address. Sending USDT TRC20, for example, means the refund address has to be a Tron address, and the same logic applies to every coin.
Want to give it a go? Head to the swap page.
Quick answers
Can I skip the refund address?
Not on Swap1337, where it is required. Without one, any refund has to be set up manually, which is slower and means you have to prove the deposit came from you.
Is an exchange address OK as my refund address?
Technically yes, but some exchanges are slow to credit deposits that come from unfamiliar sources. A wallet of your own is the safer choice.
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