To process all the exchanges in CWallet, we work with our partner Changelly, an instant cryptocurrency exchange.
Depending on the crypto pair, the exchange rate can be:
- fixed,
- float.
Fixed-rate means that the expected amount will remain the same despite any market changes. The fixed-rate is applied to the crypto pairs with low volatility, independently from changes in the network.
Float-rate applies to the crypto pairs with high volatility. The calculated amount of crypto you get after the exchange is approximate and may vary while the transaction is being processed and confirmed. The resulting amount may differ from the expected.
In the app, you will see that calculations for both fixed and float rates update every 20 seconds.
For information on commissions and network fees for exchanges, click here.