The rising number of crypto exchanges is a prominent characteristic of the blockchain technology and the expanding cryptocurrency industry. As there are tens of thousands of digital currencies in existence, the demand for crypto exchanges continues to grow. These exchanges provide a platform for traders to list their coins, trade their holdings, and potentially earn rewards.
One such exchange is FixedFloat, a cryptocurrency exchange that offers users a lightning-fast and secure service with a wide range of virtual currencies. Launched in 2018, FixedFloat was founded by a group of blockchain enthusiasts with backgrounds in business, finance, and web technology. The exchange utilizes a lightning network and provides fully automated instant transactions for digital assets.
The FixedFloat website boasts a user-friendly interface, making it incredibly easy to navigate, especially for new investors. The team behind FixedFloat takes pride in offering a top-tier digital exchange platform that caters to the needs of the crypto community.
Key Details about FixedFloat:
Website: https://fixedfloat.com/
Number of supported coins/tokens: 54
Available on Mobile: Under development
FixedFloat stands out from other exchanges due to its unique characteristics. For instance, it does not require users to comply with know-your-customer (KYC) regulations, providing easy accessibility to the platform. Users can also rest assured that their privacy is protected, as FixedFloat secures and safeguards their data. Additionally, FixedFloat does not store users’ coins, ensuring the safety of their assets.
The website displays recent transactions on the platform, along with the time each transaction took. This feature allows users to stay updated with the latest activities on FixedFloat. Furthermore, FixedFloat offers an affiliate program, enabling users to earn a 40% profit from each exchange made by their referred customers.
When it comes to fees and transaction orders, FixedFloat provides users with two options: fixed-rate or floating-rate transactions. The fixed rate incurs a 1%+ network fee, while the floating rate incurs a 5% network fee. The network fee is unrelated to the platform, as it is created by the blockchain network to compensate miners and validators.
FixedFloat has one of the lowest minimum limits in the market, allowing users to trade with as little as $1. During the transaction process, users can track their orders via email, the FixedFloat website (if cookies are accepted), or by referring to the ledger where they transferred their funds. After an order expires, users can choose to renew it at the current market rate or request a refund.
FixedFloat supports a wide range of cryptocurrencies, with 54 listed on the platform. The exchange continues to diversify its offerings and regularly adds new coins. Recently, FixedFloat added Avalanche (AVAX) and Solana (SOL) to its repertoire, and it plans to introduce more trading pairs and supported currencies in the future.
Advantages of FixedFloat:
– Quick, safe, and reliable transactions
– Best rates for cryptocurrency exchange
– Low fees compared to other exchanges, with fixed and floating rates
– User-friendly interface
– Hassle-free network confirmations
– Wide range of supported trading pairs and tokens
– Easy user entry with no KYC requirements
– 24/7 dedicated customer service
Disadvantages of FixedFloat:
– Does not support fiat currencies
– Does not list as many cryptocurrencies as some other exchanges
In conclusion, FixedFloat competes in the crypto market by highlighting its core features, including fast and reliable transfers, no KYC requirements, a diverse range of coins, and seamless network confirmations. It provides users with a user-friendly platform and excellent customer service. However, it’s important for readers to conduct thorough research and make informed investment decisions.