A fixed rate exchange ensures that you receive the exact amount of cryptocurrency displayed at the start of your transaction — even if the market rate changes before your payment is completed.
When you create a fixed rate exchange on Baltex.io, the exchange rate shown at the beginning of the order is locked for 20 minutes. As long as you make your deposit within this time frame, the rate will remain unchanged. This means you’ll receive the exact amount you were shown, regardless of any market fluctuations.
In contrast, a floating rate exchange (the standard exchange type) is affected by real-time market movements, which can result in you receiving slightly more or less cryptocurrency than expected.
To protect you from rate volatility, Baltex sets aside a small reserve when offering fixed rate exchanges. This reserve is already included in the rate you see — no extra or hidden fees apply.
Because we assume the market risk on your behalf, the fixed rate might differ slightly from the floating rate. However, it offers a key advantage: price certainty and peace of mind.
Choose the fixed rate option if you prefer stability and want to ensure that the amount of crypto you’ll receive remains the same, no matter how the market moves.