Lightning cryptocurrency exchange
What is the difference between fixed and a float rates?
Opting for a fixed rate, you get the price you see at the point of initiating a transaction.
- Pay just 1% + network fee.
- Rates freeze for 10 minutes.
- If the market rate changes by more than 1.2% before the appearance of your transaction on the blockchain network, you will be asked to make a refund or continue exchanging at the market rate.
Attention! Your transaction must be received within 10 minutes and the amount must exactly match the amount of the order. Otherwise, you will be prompted to make a refund or continue the exchange at the market rate.
The exchange rate is finally set when your transaction receives the necessary number of blockchain network confirmations. If the market goes up, you will get more cryptocurrency, if down - less. All fair.
- Pay just 0.5% + network fee.
- The exchange will be made at the market rate, which is finally set within 10 minutes after your transaction receives the required number of confirmations in the blockchain network.
Example: you are exchanging 1 BTC for 28.37362388 ETH. With a fixed rate, you will receive exactly 28.37362388 ETH. With a float exchange rate, the amount of ETH can change both up and down. It depends on changes in the market rate.
Please note that the total network fees for sending a transaction and consolidating the funds received represent a significant part of the total exchange amount for this direction.
Your exchange for this amount can be very unprofitable.
You can read more about this problem in our article on the formation of rates.
U.S. persons cannot make an exchange on FixedFloat.com
Exchange Dogecoin to Monero
Exchange in 3 steps
- Enter the desired amount of Dogecoin and write your wallet address to receive currency.
- Click the "Exchange now" button and you will be taken inside your order.
- Send Dogecoin to the address from your order, after the required network confirmation, Monero will be sent instantly.
What do you need to know?
What is Dogecoin?
Dogecoin is a decentralized Internet currency for settlements between network users. The token is developed on the Scrypt algorithm, based on the fork of the LTC coin, called Luckycoin.
The processing speed of transactions in the Dogecoin blockchain
One of the advantages of Doge is the very fast transaction processing speed compared to other cryptocurrencies. This is due to relatively simple mining, which allows for faster block processing. The block is created once a minute, that is, 2.5 times faster than LTC.
To make an exchange, 4 confirmations are required.
Dogecoin network fee
Dogecoin has one of the lowest fee rates, while it practically does not change even when transferring large amounts. The average commission is no more than $0.01.
Monero is the most anonymous cryptocurrency
Monero runs on the CryptoNote algorithm, unlike public blockchains (e.g. Bitcoin, Ethereum etc.), when sending it, you can not see the sender, the recipient, or even the amount that was sent. This is possible due to the use of Ring Signatures and Stealth Addresses technologies.
What to do if you did not receive Monero after the exchange?
First, make sure that the order contains data about the transaction sent. In case there is no transaction data, try to wait a bit or contact technical support. Due to the fact that in the Monero network updates from November 30 at the protocol level, funds are blocked until 10 network confirmations are received, delays in payment may sometimes occur.
Secondly, check the synchronization of your Monero wallet. The last block in the wallet should correspond to the number indicated on the MoneroHash website in the "Blockchain Height" field of the "Network" block. If not, try restarting your wallet.
If the order contains the data of the transaction we sent, the wallet is synchronized, but the transaction is not visible in the wallet, contact technical support to request a private viewing key to decrypt the transaction and confirm the sending of funds.
When can I use the resulting Monero?
As mentioned above, in the Monero network updates dated November 30 at the protocol level, funds are blocked until 10 network confirmations are received. That is, until the transaction receives 10 confirmations, it will not be possible to use the funds received. On average, a transaction receives 10 confirmations within 20 minutes.
Transaction processing speed
The average block release time is about two minutes. But sometimes delays do occur, and the block exit time can take 10-20 minutes.