General FAQs

Why did my token swap fail?

Swap transactions in the context of decentralized finance (DeFi) platforms can fail for several reasons, often related to the inherent complexities of blockchain technology and the dynamic nature of DeFi markets. Here are few common causes: Slippage: This occurs when the price of a token changes between the time the transaction is submitted and when […]

General FAQs

Is KYC required to use Fito Wallet?

As a completely decentralized wallet provider, Fito Wallet operates on the principles of privacy and user autonomy. We prioritize safeguarding the privacy and security of our users’ personal information. Therefore, we do not require Know Your Customer (KYC) verification to use Fito Wallet. Our commitment to decentralization means that you retain full control over your […]

General FAQs

Transaction fees on Fito Wallet

It’s important to understand that transaction fees, also known as gas or network fees, incurred during token or NFT transfers, swaps, or sending transactions from the decentralized application (DApp) browser are not paid to Fito Wallet. Instead, these fees are paid directly to the miners who process and validate transactions on the respective blockchain. When […]

General FAQs

How Safe Is Fito Wallet?

Fito Wallet puts the safety and security of our users before everything else. Our wallet is fortified with AES256 data encryption, an industry-leading encryption standard, ensuring that your private data, including your seed phrase and personal information, is impenetrably safeguarded against unauthorized access. With Fito Wallet, you can be rest assured that your assets and […]