When exchanging between cryptocurrencies, using the fixed exchange mode means the exchange rate between two currencies is set and maintained by Breet. By doing this, we provide a guaranteed exchange rate for your given currency pair.
When you use the fixed exchange mode, the exchange rate you are offered at the beginning of the transaction will remain fixed and will not change, regardless of subsequent rate fluctuations in the crypto markets.
However, the fixed mode comes with time limitations.
Upon selecting this rate, Breet presents the best available value, which the user can lock within a 1-minute window.You must initiate the exchange immediately after selecting the currency pair. The countdown turns red once the time is less than 30 seconds
Once the exchange is initiated, a countdown of 15 minutes will begin. Please make sure to deposit the required amount before the timer runs out.
The fixed exchange mode is specifically useful in cases where you want to get exactly what you see. However, the rate is mostly lower when compared to the floating exchange mode.