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Twelve terms used in these docs, in plain language. Wallet address The identifier of your wallet on a network. A string of letters and numbers, like an account number. Anyone can send coins to it. Only the wallet’s owner can spend from it. Network The blockchain a transfer happens on: Bitcoin, Ethereum, Tron, and so on. The same coin can exist on several networks, and they don’t interoperate. Sending on the wrong one usually means the transfer can’t complete automatically. Confirmation A network’s way of marking a transfer as final. Most networks confirm in seconds to minutes. Bitcoin can take longer. A swap waits for confirmations before moving on. Transaction hash The unique receipt of a transfer on a network. Your wallet shows it after you send. Support can use it to find your transfer. Deposit address The address we generate for your swap. Send your coins there, and only there. Each swap gets its own instructions. Don’t reuse addresses from old swaps. Memo / destination tag An extra identifier some networks attach to a transfer, used mostly by exchanges and hosted wallets to credit the right account. XRP, Stellar, and Cosmos use them. Quote The offer you see before you swap: the rate and the amount you’ll receive. Quotes are live and expire after a short window, shown on the swap page. Floating rate A rate that moves with the market until your deposit confirms. The final amount can differ slightly from the estimate, in either direction. Network fee What a blockchain charges to process a transfer. It goes to the network, not to LightSwap or your wallet. Fees rise when a network is busy. Service fee What executing a swap costs. On LightSwap it’s built into the quoted rate, so the number you see is the number you pay. Non-custodial No one holds your money for you. Coins move from your wallet, through the swap, to your wallet. Cross-chain swap A swap where the two assets live on different networks, such as BTC for SOL. It takes longer because two networks must confirm.
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