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.
- No hidden commissions.
- 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.
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.
- No hidden commissions.
- The exchange rate will be set when we receive your transaction.
Example: You need to exchange 1 BTC for 28.37362388 ETH.
If you choose a fixed rate, you will receive exactly 28.37362388 ETH for 1 BTC.
If you choose a float rate, then the price of 1 BTC will vary between 28.52343244 ETH and 28.13788921, in accordance with the exchange rate volatility.
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 Bitcoin to Zcash
Exchange in 3 steps
- Enter the desired amount of Bitcoin and write your wallet address to receive currency.
- Click the "Exchange now" button and you will be taken inside your order.
- Send Bitcoin to the address from your order, after the required network confirmation, Zcash will be sent instantly.
What do you need to know?
Bitcoin is the first decentralized cryptocurrency
Bitcoin is the oldest and most popular cryptocurrency. Its dominance index over other cryptocurrencies ranges from 30% to 80%.
What if I can't send Bitcoin to your wallet?
Most likely the fact that your wallet does not support sending on SegWit Bitcoin address. We use SegWit, because thanks to this technology, transactions are included in blocks more faster and the miner's fee is much lower than in other versions, so the transaction is faster and cheaper. You can read about versions and differences of Bitcoin addresses in our article.
If your wallet does not support sending to SegWit addresses, we recommend that you think about changing your Bitcoin wallet, as it uses outdated technology.
Also, if you want to make an exchange you can always contact our support, we will change the wallet address inside your order to the standard one in real time.
How to estimate the confirmation time of the transaction?
There are several ways to estimate the time of confirmation of the transaction, but you need to understand that it is impossible to calculate it accurately since many factors affect the passage of your transaction, you can read more in our article.
The easiest way to find out when the first confirmation of the network is to go in the service of collecting statistics from BitcoinFees Earn.com there you can see when your transaction gets into a block, depending on the fee which you sent it.
You can also use the Explorer Blockchair.com where you can see the priority of the transaction. The first number is what place in the queue is a transaction, the second how many transactions are pending (e.g. priority 1676/9495). Each block includes approximately 2500 transactions, we see that our transaction is in 1676 place in the queue, and therefore must pass in the next block.
It is important to note that to increase the number of confirmations, a new block must appear, blocks in bitcoin can go from 1 to 75 minutes. The average time of Bitcoin block appearance is 10 minutes.
You can read more in our article about the confirmation time in the Bitcoin network.
Zcash — the first truly anonymous cryptocurrency
Zcash — a decentralized cryptocurrency developed by Zerocoin Electric Coin Company in 2016. The main feature is the ability to send truly hidden payments, which provide a high level of security and anonymization. Since the Zero-Knowledge protocol is used, the blockchain does not get full open transaction information.
There are 2 types of addresses: a z-address, which is protected by a zero-disclosure proof protocol and is anonymous, and a t-address, which is public. Today 95% of ZEC addresses are open.
Transaction processing speed on the Zcash blockchain
ZEC is a relatively fast blockchain. The average formation time of a new block is approximately 2.5 minutes, which is several times faster than Bitcoin. The developers plan to improve the software and even switch to a completely new blockchain in the future, reducing the complexity of mining. This will reduce the time to confirm one transaction to 1-5 minutes.
Zcash network fee
Cryptocurrency Zcash gained great popularity not only due to anonymity. Many users rated the extremely low fee on transfers. For example, for 2019, it did not exceed $0.0007, and the average figure was in the range of $0.0001.