What is a floating rate exchange?

Posted by Secureshift

Updated on 01/03/2023

A floating rate exchange can be termed as the classic crypto exchange type when the approx receiving amount is displayed at the time of the exchange creation. You might get more or fewer coins than expected at the initial of the floating rate exchange owing to the volatile nature of the cryptocurrency market.

However, there are no restrictions for floating rate exchanges. This means that you can make shifts for any amount of the cryptocurrencies without any firm time limits for sending the deposit.

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