Swapzone.io, a successful crypto-to-crypto exchange aggregator has announced a new feature: "fixed-rate exchange" that now is available to U.S. citizens. The new function allows American users to "fix" the amount they exchange, so that nothing can affect the amount the user should receive which was shown to him initially before the transaction. Such exchanges are protected from rate fluctuations and any market changes.
Key Details
The cryptocurrency market is known for high levels of volatility, this aspect might be seen as an advantage in certain circumstances. Though due to the highly volatile nature of the digital currency market and ever-changing network fees, users can also end up with less money than they anticipated when exchanging crypto, which is not a very pleasant outcome.
To get rid of this volatility aspect and overall risk some users don't want to assume, Swapzone implements a fixed-rate exchange function for all U.S. citizens. The new feature comes in handy as it guarantees users to match the amount shown at the beginning of their transaction. In other words, the fixed-rate exchange feature on Swapzone will make it possible for U.S. users to “lock” the sum they can gain during a transaction independently of all the risks of cryptocurrency volatility; however, this stability might imply higher fees.
Swapzone.io is constantly on the search for new technologies and features that benefit its users, ever since its inception. And the fixed exchange rate feature for American citizens is a very convenient function, especially If you do not want to take risks and worry about the quick change of the cryptocurrency rate, then fixed rate exchanges will suit you.
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