Exchange types on SimpleSwap

What exchange types does SimpleSwap have?

What is a fixed rate exchange?

What is a floating rate exchange?

What is the difference between a fixed rate exchange and a floating rate exchange?

  • Amount to receive
    The main difference between a fixed rate exchange and a floating rate exchange is the risks you take while swapping. The fixed rate exchange allows you to avoid any change in the amount received. In opposite, you can get more or less coins than expected when choosing floating rate exchanges.
  • Limits
    Floating rate exchanges are not restricted by anything. However, setting upper limit is a necessary measure for fixed rate exchanges since SimpleSwap takes all the risks of cryptocurrency volatility and this risk grows with the amount of coins.
  • a fixed rate exchange in case you want to be sure in the amount you receive and make an extremely fast swap;
  • a floating rate exchange if you do not want to have restrictions on the deposit time and the amount sent.

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SimpleSwap is an easy-to-use instant cryptocurrency exchange. Free from sign up, limitless swaps, support more than 300 cryptocurrencies. https://simpleswap.io

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SimpleSwap.io

SimpleSwap.io

SimpleSwap is an easy-to-use instant cryptocurrency exchange. Free from sign up, limitless swaps, support more than 300 cryptocurrencies. https://simpleswap.io

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