Despite being one of the youngest cryptocurrency exchanges available, FixedFloat has already established itself as a market beater, gaining massive attention and popularity from the crypto community. The platform’s cheap fees, simplified and intuitive interface, and instant transactions have seen the platform rise as one of the talents starring in the crypto universe.
Below we highlight FixedFloat history, pros, cons, unique features, team members and licenses acquired – a key factor for users joining crypto trading.
The crypto market is on a boom having broken the $2 trillion mark in total market capitalization as Bitcoin (BTC) set new all-time highs at $69,000, earlier in April. As such, the crypto universe has witnessed a surging growth in the number of retail and institutional investors
Launched in 2018, FixedFloat is the brainchild of top crypto enthusiasts from the fields of finance, web development, and venture capitalism sectors aiming to create a user-friendly, fast, and zero-fee instant exchanger for the crypto community. It is the first crypto exchange in the world to support deposits and withdrawals using Bitcoin’s layer-2 solution, Lightning Network.
Read more>> Why would you need the Lightning Network?
The exchange currently has a total of 25 cryptocurrencies with the list of assets updated regularly.
The platform offers unique functionalities and features that aim to catapult the exchanger into one of the best in the world. Here are some of the features.
As an exchanger, FixedFloat offers users a direct exchange between two cryptocurrencies – different from the custodial exchanges that require the user to open an account, register, credit a deposit, create an exchange order, and then withdraw funds from the exchange. Despite its advantages, FixedFloat users face some challenges including:
FixedFloat offers a unique fee structure model in each type of order – Fixed and Float trading fees.
1% + Network fees.
In the fixed order, the price rate is fixed for 10 minutes and the user is charged 1% of the amount for this. This helps the customers receive the exact amount they indicated on the order.
0.5% + Network fees
In this order, the exchange charges 0.5% but the final rate will be fixed at the time of receipt of the required number of confirmations. The amount received could be even more than that which was displayed at creation.
Read more on “How is the rate formed on the FixedFloat?”
Q: Is FixedFloat legit?
Yes. The exchange is a fully functional digital asset service provider with high-security protocols and a customer service team available 24/7. The platform is also reviewed on Bestchange and Trustpilot.’
Q: What are FixedFloat fee rates?
The exchange offers two fee rates for its Fixed and Float orders. The fixed orders are charged 1% + Network fee while the float orders attract a 0.5% fee + Network fees.
Q: How can I track my order?
You can track your order in 3 ways: by email (if you leave your email address), on our website (if your browser accepts cookies), or by tracking the ledger to which you transfer your funds.
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