Catégories
Exchanger

FixedFloat | Exchange Zcash to Bitcoin

EXCHANGE ZCASH TO BITCOIN

What do you need to know?

  • ­The average time for exchanging ZEC to BTC is from 2 to 6 minutes.
  • ­You need 4 confirmations of the Zcash blockchain for the exchange.
  • ­The speed of confirmation of a Bitcoin transaction depends on the level of congestion of the Bitcoin blockchain network, read more in our article

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

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.

Address Types

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.

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

When will Bitcoin be credited to your wallet?

We send Bitcoin immediately after the exchange is completed, but the time before the first confirmation depends on several parameters:

  1. Commissions. In our exchanger miner fee is set so that the transaction was one of the first.
  2. Frequency of occurrence of blocks. Blocks in the Bitcoin network appear on average every 10 minutes, but it happens that a new block does not appear for an hour or more. In this case, the Commission may lose its relevance and the transaction may go a little longer than planned.

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.

When can I spend the funds received?

  • If you request funds for a personal Bitcoin wallet, you can dispose of them immediately after one confirmation of the network.
  • If funds are sent to an exchange or other services where there is a need for multiple confirmations, then you will need to wait until the transaction receives the required number of confirmations.

How does the number of confirmations in the Bitcoin network increase?

After the first confirmation, they will only grow with newly mined blocks. If there is no next block for a long time, then the number of confirmations up to this point will remain unchanged.

Catégories
Exchanger

FixedFloat | Exchange Monero to Zcash

EXCHANGE MONERO TO ZCASH

What do you need to know?

  • ­The average time for the exchange of XMR to ZEC is from 6 to 10 minutes.
  • ­You need 2 confirmations of the Monero blockchain for the exchange.
  • ­You do not need to enter a Payment ID, we use integrated wallets.

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

Monero is the most anonymous cryptocurrency

Monero works on the CryptoNote algorithm, unlike public blockchains (for example Bitcoin, Ethereum), when it is sent, neither the sender, nor the recipient, nor even the amount that was sent can be seen, thanks to Ring Signatures and invisible addresses (Stealth Addresses).

How to confirm the fact of sending funds in Monero blockchain?

Monero uses 2 types of “special” private keys: a private send key (used to send funds from your wallet) and a private viewing key that allows you to decrypt transaction and see the amount of funds sent.

Using this private viewing key, sender address, and Monero software, you can decrypt the transaction and confirm the sending.

You can read more about this in our article — How to prove Monero transaction?

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.

Monero network fee

Transactions on the Monero network are very cheap, even at peak network times they are only a few cents.

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

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.

Address Types

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.

Catégories
Exchanger

FixedFloat | Exchange Bitcoin to Zcash

EXCHANGE BITCOIN TO ZCASH

What do you need to know?

  • ­The average time for exchanging BTC to ZEC is 10-20 minutes
  • ­You only need 1 confirmation of the Bitcoin blockchain for the exchange
  • ­Bitcoin transaction confirmation rate depends on the level of blockchain network congestion, more in our article
  • ­We use segwit Bitcoin addresses for faster and cheaper transactions, if your wallet does not support this type of address, contact technical support to change the address

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

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.

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

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.

Address Types

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.

Catégories
Exchanger

FixedFloat | Exchange Bitcoin to Ethereum

EXCHANGE BITCOIN TO ETHEREUM

What do you need to know?

  • ­The average time for exchanging BTC to ETH is 10-20 minutes
  • ­You only need 1 confirmation of the Bitcoin blockchain for the exchange
  • ­Bitcoin transaction confirmation rate depends on the level of blockchain network congestion, more in our article
  • ­We use segwit Bitcoin addresses for faster and cheaper transactions, if your wallet does not support this type of address, contact technical support to change the address
  • ­We do not support sending and receiving Ethereum using smart contracts.

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

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.

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

Ethereum — the most innovative blockchain

Ethereum is a new blockchain that, in addition to sending cryptocurrencies, allows you to run and run smart contracts. With their help, you can create a variety of decentralized applications, including their own currencies (tokens). In addition to contracts, a big advantage among other blockchains is considered to be a fairly high speed of transactions.

My order is completed, but I do not see the funds in my wallet, what should I do?

We send Ethereum with an average fee so that the receiving party does not have to wait long for receipt. But sometimes, with the increased load on the Ethereum network, a transaction can get stuck in a mempool for a long time and not get into the block. The status of such transaction is « Pending ». Explorer etherscan.io provides information about the expected processing time of the transaction, but be aware that this value is not accurate and may vary depending on the situation.

If the transaction sent by us can not be confirmed for a long time, please contact our support with a request to push the transaction.

Catégories
Exchanger

FixedFloat | Exchange Monero to Litecoin

EXCHANGE MONERO TO LITECOIN

What do you need to know?

  • ­The average time for the exchange of XMR to LTC is from 6 to 10 minutes.
  • ­You need 2 confirmations of the Monero blockchain for the exchange.
  • ­You do not need to enter a Payment ID, we use integrated wallets.

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

Monero is the most anonymous cryptocurrency

Monero works on the CryptoNote algorithm, unlike public blockchains (for example Bitcoin, Ethereum), when it is sent, neither the sender, nor the recipient, nor even the amount that was sent can be seen, thanks to Ring Signatures and invisible addresses (Stealth Addresses).

How to confirm the fact of sending funds in Monero blockchain?

Monero uses 2 types of “special” private keys: a private send key (used to send funds from your wallet) and a private viewing key that allows you to decrypt transaction and see the amount of funds sent.

Using this private viewing key, sender address, and Monero software, you can decrypt the transaction and confirm the sending.

You can read more about this in our article — How to prove Monero transaction?

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.

Monero network fee

Transactions on the Monero network are very cheap, even at peak network times they are only a few cents.

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

Litecoin — Bitcoin’s first fork

Litecoin — electronic peer-to-peer cryptocurrency, created in 2011 by a former employee of Google and Charlie Lee, when creating the basis was taken the source code of bitcoin (Litecoin is a fork of Bitcoin). In the crypto community, it is often called « digital silver ».

The speed and fees of the Litecoin blockchain

Litecoin is considered to be a fast blockchain, the average block exit time is 2.5 minutes.

Today, the average Litecoin transaction fee is 0.00049 LTC, which is approximately $0.03.

Catégories
Exchanger

FixedFloat | Exchange Monero to Ethereum

EXCHANGE MONERO TO ETHEREUM

What do you need to know?

  • ­The average time for the exchange of XMR to ETH is from 6 to 10 minutes.
  • ­You need 2 confirmations of the Monero blockchain for the exchange.
  • ­You do not need to enter a Payment ID, we use integrated wallets.
  • ­We do not support sending and receiving Ethereum using smart contracts.

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

Monero is the most anonymous cryptocurrency

Monero works on the CryptoNote algorithm, unlike public blockchains (for example Bitcoin, Ethereum), when it is sent, neither the sender, nor the recipient, nor even the amount that was sent can be seen, thanks to Ring Signatures and invisible addresses (Stealth Addresses).

How to confirm the fact of sending funds in Monero blockchain?

Monero uses 2 types of “special” private keys: a private send key (used to send funds from your wallet) and a private viewing key that allows you to decrypt transaction and see the amount of funds sent.

Using this private viewing key, sender address, and Monero software, you can decrypt the transaction and confirm the sending.

You can read more about this in our article — How to prove Monero transaction?

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.

Monero network fee

Transactions on the Monero network are very cheap, even at peak network times they are only a few cents.

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

Ethereum — the most innovative blockchain

Ethereum is a new blockchain that, in addition to sending cryptocurrencies, allows you to run and run smart contracts. With their help, you can create a variety of decentralized applications, including their own currencies (tokens). In addition to contracts, a big advantage among other blockchains is considered to be a fairly high speed of transactions.

My order is completed, but I do not see the funds in my wallet, what should I do?

We send Ethereum with an average fee so that the receiving party does not have to wait long for receipt. But sometimes, with the increased load on the Ethereum network, a transaction can get stuck in a mempool for a long time and not get into the block. The status of such transaction is « Pending ». Explorer etherscan.io provides information about the expected processing time of the transaction, but be aware that this value is not accurate and may vary depending on the situation.

If the transaction sent by us can not be confirmed for a long time, please contact our support with a request to push the transaction.

Catégories
Exchanger

FixedFloat | Exchange Bitcoin to Monero

EXCHANGE BITCOIN TO MONERO

What do you need to know?

  • ­The average time for the exchange of BTC to XMR is 10-20 minutes
  • ­You only need 1 confirmation of the Bitcoin blockchain for the exchange
  • ­Bitcoin transaction confirmation speed depends on the level of blockchain network congestion, more in our article
  • ­We use segwit Bitcoin addresses for faster and cheaper transactions, if your wallet does not support this type of address, contact technical support to change the address
  • ­If you have not received Monero, try to wait a bit, some wallets see transactions with a delay. Rebooting a Monero wallet sometimes helps. If all else fails, contact us for technical support.

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

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.

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

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.

Catégories
Exchanger

FixedFloat | Exchange Ethereum to Litecoin

EXCHANGE ETHEREUM TO LITECOIN

What do you need to know?

  • ­The average time of the exchange of ETH to LTC — from 1 to 2 minutes
  • ­Only 4 confirmations of the Ethereum blockchain are needed to complete the exchange
  • ­Please do not use smart contracts to send Ethereum — such transactions are not processed automatically

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

Ethereum — the most innovative blockchain

Ethereum is a new blockchain that, in addition to sending cryptocurrencies, allows you to run and run smart contracts. With their help, you can create a variety of decentralized applications, including their own currencies (tokens). In addition to contracts, a big advantage among other blockchains is considered to be a fairly high speed of transactions.

When will the transaction enter the blockchain?

Blocks in the Ethereum blockchain are created approximately every 13 seconds.

  • With a high сommission, the transaction will be able to get into the next block.
  • With an average сommission-the approximate processing time of the transaction is 3 minutes.
  • When paying below the average сommission hit rate will depend only on the load on the network and increase or decrease the load. Some Explorer (e.g. etherscan.io) give information about the expected processing time of a transaction, but you must understand that this value is not accurate and can change depending on the situation.

The system does not see the transaction, what to do?

If you sent money, but there are no changes, check your transaction in Explorer (etherscan.io or blockchair.com) and verify that the transaction was created.

Make sure that the transaction was not sent through a contract, otherwise, contact technical support to solve the problem, you may have to wait a while in order to make a refund or exchange.

If the transaction has already been added to the blockchain, and the system has not seen it, please contact our support, we will be able to help you quickly.

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

Litecoin — Bitcoin’s first fork

Litecoin — electronic peer-to-peer cryptocurrency, created in 2011 by a former employee of Google and Charlie Lee, when creating the basis was taken the source code of bitcoin (Litecoin is a fork of Bitcoin). In the crypto community, it is often called « digital silver ».

The speed and fees of the Litecoin blockchain

Litecoin is considered to be a fast blockchain, the average block exit time is 2.5 minutes.

Today, the average Litecoin transaction fee is 0.00049 LTC, which is approximately $0.03.

Catégories
Exchanger

FixedFloat | Exchange Litecoin to Ethereum

EXCHANGE LITECOIN TO ETHEREUM

What do you need to know?

  • ­The average time for exchanging LTC to ETH is from 5 to 10 minutes.
  • ­Only 2 confirmations of the Litecoin blockchain are needed to complete the exchange.
  • ­If you cannot send funds to our wallet, your wallet probably does not support the new address standard and it is necessary convert to the old format.
  • ­We do not support sending and receiving Ethereum using smart contracts.

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

Litecoin — Bitcoin’s first fork

Litecoin-electronic peer-to-peer cryptocurrency, created in 2011 by a former employee of Google and Charlie Lee, when creating the basis was taken the source code of bitcoin (Litecoin is a fork of Bitcoin). In the crypto community, it is often called « digital silver ».

The speed and fees of the Litecoin blockchain

Litecoin is considered to be a fast blockchain, the average block exit time is 2.5 minutes.

Today, the average Litecoin transaction fee is 0.00049 LTC, which is approximately $0.03.

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

Ethereum — the most innovative blockchain

Ethereum is a new blockchain that, in addition to sending cryptocurrencies, allows you to run and run smart contracts. With their help, you can create a variety of decentralized applications, including their own currencies (tokens). In addition to contracts, a big advantage among other blockchains is considered to be a fairly high speed of transactions.

My order is completed, but I do not see the funds in my wallet, what should I do?

We send Ethereum with an average fee so that the receiving party does not have to wait long for receipt. But sometimes, with the increased load on the Ethereum network, a transaction can get stuck in a mempool for a long time and not get into the block. The status of such transaction is « Pending ». Explorer etherscan.io provides information about the expected processing time of the transaction, but be aware that this value is not accurate and may vary depending on the situation.

If the transaction sent by us can not be confirmed for a long time, please contact our support with a request to push the transaction.

Catégories
Exchanger

FixedFloat | Exchange Bitcoin to Litecoin

EXCHANGE BITCOIN TO LITECOIN

What do you need to know?

  • ­The average time for exchanging BTC to LTC is 10-20 minutes
  • ­You only need 1 confirmation of the Bitcoin blockchain for the exchange
  • ­Bitcoin transaction confirmation rate depends on the level of blockchain network congestion, more in our article
  • ­We use segwit Bitcoin addresses for faster and cheaper transactions, if your wallet does not support this type of address, contact technical support to change the address

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

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.

FixedFloat | Instant cryptocurrency exchange — fixedfloat.ltd

Litecoin — Bitcoin’s first fork

Litecoin — electronic peer-to-peer cryptocurrency, created in 2011 by a former employee of Google and Charlie Lee, when creating the basis was taken the source code of bitcoin (Litecoin is a fork of Bitcoin). In the crypto community, it is often called « digital silver ».

The speed and fees of the Litecoin blockchain

Litecoin is considered to be a fast blockchain, the average block exit time is 2.5 minutes.

Today, the average Litecoin transaction fee is 0.00049 LTC, which is approximately $0.03.