What is a fixed rate Swap?

What is a fixed rate Swap?

When you choose to create a fixed rate Swap, the Swap service will temporarily lock in the current Swap rate, providing a buffer against market volatility. This means that, regardless of any fluctuations in the market during the processing time, you’ll receive the exact amount of cryptocurrency quoted at the start of the transaction.

Depending on the Swap service you select, you will have a time window of 15 to 120 minutes to deposit your funds. During this time, the Swap rate remains frozen, ensuring that the value doesn’t change while you're completing the transaction.

Once the deposit is received within the given time frame, you will be credited with the exact estimated amount of cryptocurrency at the locked rate, protecting you from any adverse changes in the market. This is a useful feature for those looking to avoid the uncertainties of cryptocurrency price swings.

If you have any questions about the fixed rate Swap process or need assistance, feel free to contact our support team via online chat or email. We're here to ensure a smooth and transparent experience.

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