top of page
FixedFloat.jpeg

FixedFloat is a lot like using a digital vending machine for your money. There’s no banker, no long sign-up forms, and no waiting for an "approval" email. It is designed to be a "middleman" that just swaps your coins and disappears.

If you’ve ever used a big exchange like Coinbase, you know they want your ID, your address, and your life story. FixedFloat is the opposite. It’s built for speed and privacy.

Here is exactly how it works, explained like one human to another.

1. The Starting Line: No Accounts Required

The first thing you’ll notice when you go to the site is that there is no "Sign Up" button in the middle of the screen. You don’t need to create a username or password.

Because FixedFloat is non-custodial, they don't want to hold your money. They just want to facilitate the swap. You simply show up with your own wallet (like MetaMask, Trust Wallet, or a Ledger) and get to work.

2. Picking Your Coins

On the main page, you’ll see two boxes.

  • The "Send" box: This is the crypto you currently have in your wallet.

  • The "Receive" box: This is the crypto you want to end up with.

You can swap almost anything. You can turn Bitcoin into Monero, or Ethereum into Solana. You can even move between different versions of the same coin (like swapping "regular" Bitcoin for Bitcoin on the Lightning Network).

3. The "Strategy" Choice: Fixed vs. Float

Before you click "Exchange," you have to make a choice. This is where people sometimes get confused, but it’s actually quite simple.

  • Fixed Rate (1% Fee): This is for people who hate surprises. If the site says you’ll get 0.5 BTC, you will get exactly 0.5 BTC. The price is locked in for 10 minutes. If the market crashes while your transaction is moving through the internet, you are protected. You pay a slightly higher fee (1%) for this peace of mind.

  • Float Rate (0.5% Fee): This is for the gamblers or those swapping in stable markets. You pay a lower fee (only 0.5%), but the final amount you get isn't decided until your transaction is confirmed on the blockchain. If the price goes up while you’re waiting, you win. If it goes down, you lose a little.

4. Giving the "Delivery Address"

Next, you need to tell FixedFloat where to send your new coins.
You will see a box that says "Your [Coin] address."

This is the most important step. You must open your personal wallet, copy your "Receive" address for the coin you are buying, and paste it here.

  • Human Tip: Never try to type a crypto address by hand. They are long strings of random letters and numbers. One typo and your money is gone forever. Always copy and paste.

5. The Actual Swap (The "Handshake")

Once you click "Exchange Now," FixedFloat will show you a unique Deposit Address and a QR code.

Think of this as the "vending machine slot." You open your wallet, choose "Send," and send your coins to that specific address.

  • Wait for confirmations: The blockchain needs a few minutes to "see" that you actually sent the money. FixedFloat will show a progress bar on the screen. As soon as the network confirms your deposit, the FixedFloat engine kicks in.

6. Receiving Your Money

Within a few minutes (depending on how fast the specific blockchain is), FixedFloat will automatically send the new coins to the address you provided in Step 4.

The screen will change to say "Order Completed." You can then open your wallet and see your new balance.

🛡️ Why People Like It (And What to Watch Out For)

The Pros:

  • Lightning Speed: If you use the Bitcoin Lightning Network, the swap is basically instant.

  • Privacy: Since there’s no account, your email and name aren't attached to the trade.

  • Simplicity: It’s great for "bridge" moves—like if you have money on Ethereum but want to buy a coin that only exists on the Binance Smart Chain.

The Reality Check:

  • Check the URL: Because FixedFloat is popular, scammers make fake versions of the site. Always make sure you are on ff.io or fixedfloat.com.

  • Network Fees: FixedFloat charges a small fee (0.5% or 1%), but the blockchain also charges a fee. If you try to swap $10 worth of Ethereum when the network is busy, you might pay $20 in gas fees. It’s not the site's fault, but it’s something to watch.

  • No "Undo" Button: If you send the wrong coin to the wrong address, FixedFloat cannot get it back for you. The blockchain is permanent.

Summary for a Friend

If you just want to swap some ETH for SOL quickly and don't want to deal with a big corporate exchange, FixedFloat is your best friend. Just pick your coins, choose "Fixed" or "Float," paste your address, and send the funds. It usually takes less time than making a cup of coffee.

bottom of page