What Happens If a Swap Fails or Is Unsuccessful?

While Panaroma Swap strives to facilitate seamless swaps, occasional issues may arise that result in a failed or unsuccessful transaction. Users need to be aware of potential scenarios and the steps to take if they encounter such situations:

Common Reasons for a Failed Swap:

1. Insufficient Funds:

   • If the wallet lacks the necessary funds to cover the swap amount and fees, the transaction may fail.

1. Network Congestion:

   • High network congestion can lead to delays and, in some cases, result in failed transactions.

2. Incorrect Details:

   • Inputting incorrect details, such as the wrong recipient address or amount, can cause a swap to fail.

3. Expired Transaction:

   • Cryptocurrency transactions often have a time window for completion. If this window expires, the transaction may fail.

What to Do If a Swap Fails:

1. Check Wallet Balance:

   • Verify that your wallet has sufficient funds to cover the swap and associated fees.

1. Review Transaction Details:

   • Double-check the details of the swap, including the recipient address and amount, to ensure accuracy.

2. Transaction Status:

   • Monitor the status of the transaction on Panaroma Swap or your connected wallet to confirm if it has failed.

1. Contact Support:

   • If the swap fails, promptly reach out to Panaroma Swap's customer support. Provide details about the failed transaction, including transaction ID and relevant information.

Preventive Measures for Successful Swaps:

1. Double-Check Details:

   • Before confirming a swap, meticulously review all details to avoid errors.

2. Ensure Adequate Time:

   • Be mindful of the time window for completing transactions to prevent expiration issues.

3. Monitor Network Conditions:

   • Check the current state of the blockchain network to gauge potential congestion before initiating a swap.

Conclusion:

While Panaroma Swap is designed for efficient swaps, users should be prepared for occasional challenges. In the event of a failed or unsuccessful swap, a proactive approach, including verifying details and reaching out to support, can contribute to a resolution. Panaroma Swap's customer support is there to assist, ensuring users have a reliable resource to address any concerns related to failed swap transactions.