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Fixed vs. Floating Exchange: What's the Difference and Which Should I Choose?

What's the difference?

When doing a crypto swap on Breet, you'll be asked to choose between two exchange modes: Fixed and Floating. Here's what each one means.

Fixed exchange locks in the rate shown to you at the start of the transaction. Whatever happens in the market after that, you'll receive exactly the amount displayed — no surprises.

Floating exchange uses the live market rate at the moment your deposit is received. The rate can move between when you initiate the swap and when it's executed, so you may receive slightly more or slightly less than the initial estimate.


How fixed exchange works

When you select Fixed mode, Breet locks the rate for a short window so you can complete the deposit.

  1. Select your currency pair and choose "Fixed". Breet shows you the best available rate.

  2. You have 1 minute to confirm. The countdown turns red when under 30 seconds — act quickly.

  3. Once confirmed, a 15-minute deposit window begins. Send the exact required amount before it expires.

Please Note: To cover the risk of rate fluctuations, Breet builds a small reserve into the fixed rate. This means the fixed rate is sometimes slightly lower than the floating rate at that moment — but it guarantees the amount you'll receive.


How floating exchange works

When you select Floating mode, Breet applies the live market rate at the time your deposit is confirmed on-chain.

  1. Select your currency pair and choose "Floating". Breet shows an estimated rate — this is not guaranteed.

  2. A 15-minute deposit window begins. Send the required amount before it expires.

  3. The final amount you receive is calculated using the rate at the moment your deposit arrives.

Please Note: Market conditions can shift quickly. In volatile periods, the amount you receive in Floating mode may differ noticeably from the initial estimate.


Which should you choose?

Choose Fixed if:

  • You want certainty — you need to know exactly how much you'll receive before committing.

  • The market is volatile and you don't want to risk receiving less.

  • You're swapping a specific amount to meet a target (e.g. sending an exact amount to someone).

Choose Floating if:

  • You're comfortable with a variable outcome and want the potential to receive more.

  • The market is stable and the rate estimate is unlikely to shift significantly.

Please Note: Neither mode is universally better — it depends on how much certainty matters to you for that specific swap.

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