Risks and fees

Not financial advice, no guarantee

FastSwap shows information, not recommendations. Prices, charts, trending lists, other people’s trades and comments, and the coin check are not advice to buy or sell, and none of them predicts what a coin will do. Past moves say nothing about future ones. You decide, and the results are yours.

Memecoins and new coins

Most coins on FastSwap are memecoins: they have no business, no income and no one who must buy them back.

• Their price can rise or fall by 90% or more in a day, and many go to zero for good.
• Creators and early buyers often hold a large share and can sell all at once (a “rug pull”), leaving the price near zero.
• Some coins are built so that you can buy but not sell, or so that their creator can freeze wallets or change balances.
• With little money in a coin’s pools, even a small sale moves its price a lot, and you may get much less than the price on screen.
• Copycat coins use the same name and picture as a popular coin. Check the coin’s address, not only its name.
• Trading volume, holder counts and social buzz can be faked.

What the coin check can and cannot tell you

The coin check sums up public data from third-party security and market data services in plain words. That data can be wrong, out of date or missing, and a coin can change after it was checked. “No red flags found” means only that nothing we looked at seemed risky. It is not a guarantee that a coin is safe, honest or will keep its value.

Prices, slippage and failed trades

• The price and amounts shown before a trade are estimates. The price can move before your trade is confirmed.
• Your slippage setting is how far the price may move against you before a trade is cancelled instead. A higher setting fills more often, at a possibly worse price.
• Trades can fail, for example when a network is busy or the price moves too fast. A failed trade can still cost a network fee.

Blockchains and smart contracts

Trades run on public blockchains and smart contracts written by others. They can have bugs, be attacked, slow down or stop. Once a transaction is confirmed it cannot be reversed by anyone, including us, so a mistake (such as a wrong withdrawal address) cannot be undone.

Trades on other chains

Buying a coin on Ethereum, Base, BNB Chain or another chain goes through a third-party service that moves value between chains. That adds its own fee and can take longer, fail or need a refund. Coins bought there are delivered to your own wallet on that chain, and selling them inside FastSwap is not available on every chain.

Your cash is USDC

Cash is USDC, a stablecoin issued by Circle. It is not a bank deposit, earns no interest and is not protected by any deposit insurance. USDC aims to stay at one US dollar but could lose that value, and Circle can freeze USDC in some cases.

Your wallets, your keys

Your app wallets are yours: FastSwap cannot move your money without you, and cannot get it back for you either. If you lose access to all your login methods and have not exported your private keys (in Settings), your coins may be lost. Anyone who has your private key or your login can empty your wallets.

Scams

FastSwap will never ask for your private key or message you first. No one from FastSwap will offer you a “recovery”, a giveaway or a sure win. Our only support address is [email protected].

If something is briefly unavailable

Like any online service, FastSwap or the networks it uses can sometimes be briefly unavailable. Your coins always stay in your own wallet, and you can export your key and use it in any wallet app.

Rules and taxes

Laws on crypto differ between countries and can change, which could limit what FastSwap can offer where you live. Trades can have tax consequences: keeping records and paying taxes is up to you.

Fees

The FastSwap fee is 0%. The costs below are not ours: they go to the blockchain networks and the services a trade uses. Each one that applies is shown in the trade form before you confirm, and if the trade turns out to cost more than shown, the app asks you again before anything is signed.

• Network fee: every transaction pays one. On Solana the app pays it for you and charges it back in dollars from your cash, inside the trade, so you need no SOL. When the app cannot pay it at that moment, your wallet pays it in SOL, and the app tells you.
• Coin account deposit (Solana): the first time you buy a coin, Solana needs an account for it in your wallet, which costs a small deposit (usually around $0.20). When you sell all of that coin, the app usually closes the account and pays the deposit back, in dollars or as SOL in your wallet. When it cannot (for example when your wallet pays the network fee itself), the account stays open in your wallet with the deposit still in it.
• One-time account setup: some trade routes (for example for some pump.fun coins) and some withdrawals (to an address that has no USDC account yet) open an account that is not refunded.
• Other chains: a trade on another chain pays the cross-chain service’s fee and the network fee on that chain; a sale there takes them from what you receive.
• Deposits: USDC sent on Solana is cash straight away. Other deposits (such as USDT, or USDC on another network) become cash only once converted, where the app offers it, for a fee shown before you convert.
• Withdrawals: the network fee, and an account setup when the receiving address needs one, are charged in dollars from your cash. A withdrawal to another chain also pays the cross-chain service’s fee, taken from the amount.

Price impact and slippage are not fees, but they change what you receive. If we ever introduce a FastSwap fee, we will announce it first and show it in the trade form (see the Terms).