SwapPrivate
Basics2 min read

The refund address, why every swap asks for one

The field most people fill in without thinking. What it is for, and why it should be an address you control.

The refund address, why every swap asks for one

Every swap on SwapPrivate asks for two addresses. One receives the coin you want. The other, the refund address, is where your original coins go back if the swap cannot finish.

When refunds happen

  • The deposit is below the minimum, or far above what the swap expected.
  • A fixed rate expired before the deposit arrived and you do not accept the new rate.
  • The exchange could not be completed.
  • A compliance check ended in a refund instead of a release.

Why it should be yours

The refund goes back on the same network you sent from, so the address must be for the coin you send. Use a fresh address from a wallet you control. That way a refund lands quickly, you can see it, and it does not tie your swap to an exchange account.

What we check

We check that the refund address is a valid format for the coin you are sending, just like the receiving address, before the swap is created. If you send USDT TRC20, the refund address must be a Tron address, and so on.

Ready to try? Start on the swap page.

Quick answers

What if I leave the refund address empty?

On SwapPrivate it is required, because without it a refund has to be arranged by hand. That takes longer and needs you to prove the deposit was yours.

Can I use an exchange address as refund address?

It works technically, but some exchanges do not credit deposits from unknown sources quickly. Your own wallet is safer.

Ready to swap? See the live rate. No account needed.