c M.
Takes a long time and high fees for swap.
I like that Koala accepts KDA so I move my KDA from Kucoin. Once in the koala wallet I tried to moved a small amount from chain 0 to chain 1. An hour later still no movement and 0 confirmations thus far. I thought it would be much quicker. So the the transactions just disappeared but I didn't lose any KDA. To add someone else complained about high fees. I was going to swap 890 worth of KDA for FLUX and I was going to get 730 worth of flux. I wish I could upload my screenshot.
Response from Koala WalletOct 9, 2023
Hi, cross-chain txs usually confirm within minutes. Please open a support ticket on support.koalawallet.io or using the links in the app explaining all in detail so we can take a better look, thank you! Regarding in-app swaps, they are powered by the KDSwap decentralized exchange. Exchange rates are based purely on the dex' liquidity, Koala Wallet doesn't charge any fees on top. Even miner fees are paid by gas stations.