FixedFloat Bot, launched by FixedFloat (a Cryptocurrency Exchange) on Telegram, is a user-friendly and functional tool that makes it super easy to handle crypto transactions right from Telegram chats. It also accepts all types of cryptocurrency assets, such as Bitcoin (BTC), Ethereum (ETH), DOGE, Solana (SOL), and Tether (USDT).
It boasts average or even above-average exchange rates coupled with safe, non-storage transactions, rendering it suitable for trading enthusiasts who want it easy and under their management.
What is FixedFloat Bot?
The FixedFloat Bot is an AI trading assistant developed by FixedFloat, an instant cryptocurrency exchange marketplace. It capitalizes on Telegram’s global reach, as this will enable the users to trade in cryptocurrencies from within the app they most frequently use for communication. Now, through FixedFloat Bot, you do not need to jump between apps or even different platforms, as all the tools are integrated into the chat.
Key Features of FixedFloat Bot
A qualified team provides constant support for consumers, who are always available twenty-four hours seven.
Some of the features that differentiate FixedFloat include:
- 24/7 Customer Support: A qualified team provides constant support for consumers, who are always available twenty-four hours seven. FixedFloat customer support is among the unique features of the trading platform, as it ensures that customers enjoy their trading sessions.
- Favorable Exchange Rates: FixedFloat also allows users to set the exchange rates for buying and selling currency while allowing them to choose the floating rate to maximize profits.
- Transparent Pricing: There are no concealed fees, so users can trade without fear of being charged extra for services not provided.
- Privacy-First Approach: The platform also has some peculiarities: FixedFloat does not require registration with your customer or identity checks.
- Lightning Network Integration: FixedFloat uses the faster Lightning Network for its operations, aiming to provide Bitcoin transactions at reduced costs.
- Supporting 68 different cryptocurrencies: Such as Bitcoin, Ethereum, Cardano, Dogecoin, Solana, and many others.
Cryptocurrencies Supported
| Category | Cryptocurrency | Current Price (USD) | Notes |
|---|---|---|---|
| Popular Cryptocurrencies | Bitcoin (BTC) | $97,102.00 | The largest and most widely recognized cryptocurrency with high liquidity. |
| Ethereum (ETH) | $3,209.91 | Known for its smart contract capabilities and extensive use in decentralized applications. | |
| Litecoin (LTC) | $101.71 | A faster and lighter alternative to Bitcoin, often called “digital silver.” | |
| Ripple (XRP) | $2.79 | Focused on facilitating cross-border payments and settlements for financial institutions. | |
| Bitcoin Cash (BCH) | $435.29 | A Bitcoin fork offers faster transactions and lower fees. | |
| Altcoins | Dogecoin (DOGE) | $0.3542 | Originally a meme coin, it is now a popular cryptocurrency with strong community support. |
| Dash (DASH)Zcash (ZEC) | $37.24 | Prioritizes fast and secure transactions with optional privacy features. | |
| Zcash (ZEC) | $50.52 | A privacy-focused cryptocurrency offering shielded transactions for enhanced anonymity. | |
| Tron (TRX) | $0.2248 | Designed for decentralized content sharing and entertainment platforms. | |
| Monero (XMR) | $206.89 | A leading privacy coin with a strong emphasis on untraceable transactions. | |
| Stablecoins | Tether (USDT) | $0.9996 | Pegged to the USD, commonly used for trading and as a store of value during volatility. |
| USD Coin (USDC) | $0.9999 | A stablecoin backed by fully reserved assets and regulated issuers. |
How to Use FixedFloat Bot?
Step 1: Log in to your Telegram Account
- Open the Telegram app and log in to your account
- If you don’t have an account, then create a new one.
Step 2: Find the FixedFloat Bot
- Use the search bar in Telegram to type FixedFloat.
- To start the conversation, tap or click the FixedFloat Bot in the search results.
- To start the bot, press the Start button at the bottom of the screen.
Note: Sending the “/start” command will cause the bot to reply with a welcome text.
Step 3: Create an Exchange Order
- The bot will generate your order once you confirm the data.
- From the bot menu, pick the Exchange option.
- Select the cryptocurrency you wish to transmit (like Bitcoin) and receive (like Ethereum).
- Share the wallet address where you will get your cryptocurrency and enter the amount you wish to trade.
Step 4: Transfer Your Crypto
- You will receive an address from the bot to transfer your cryptocurrency.
- Wait for confirmation after sending the designated money to this address.
Step 5: Monitor Your Exchange
- You will receive updates on the progress of your transaction from the bot.
- It will notify you when the exchange is finished and your deposit is verified.
Step 6: Receive Your Cryptocurrency Exchange
- The bot then delivers the converted cryptocurrency to the wallet address you provide.
- A transaction link to view the transfer information will also be sent to you.
Step 7: Keep the Information Safe
- For future use, save the order information, including the transaction ID.
- Additionally, you may see previous transactions by using the bot’s History option.
Pros and Cons of FixedFloat Bot
| Pros | Cons |
|---|---|
| Fast transactions with minimal blockchain confirmations. | Fixed-rate trades may adjust by 1.2% if the market changes before confirmation. |
| Low trading fees, including zero-fee deposits. | There is no support for fiat currency trading. |
| Best exchange rates in the market. | The relatively new platform is still building its reputation. |
| User-friendly and interactive interface. | – |
| No KYC required; optional profiles for tracking transactions | – |
| Micro-trading is enabled for amounts as low as $1. | – |
| Responsive 24/7 customer support via multiple channels. | – |
| Transparent pricing with no hidden charges. | – |
Fee, Deposits, and Withdrawals
Fee Structure
FixedFloat provides a transparent and straightforward fee structure, allowing users to choose between two types of orders: Fixed and Float. Both kinds are beneficial since they appeal to a variety of users and amount of risk-taking.
- Fixed Fees: 1% + Network Fees
- First, the exchange provides a guarantee of the price rate for a time of 10 minutes.
- On top of the transaction amount, a 1% fee is required, coupled with network fees.
- The main advantage of a fixed order is that it provides assurance. Like ordinary stores, customers will receive the amount of cryptocurrency indicated when the order was created, regardless of any changes that occurred within 10 minutes.
- This option is best for users who are not interested in price fluctuations and who want their price to be fixed when making the transaction.
Example:
- You make an order for an exchange of 0.1BTC for Ethereum using a fixed rate.
- If the fixed rate is 1 BTC = 20 ETH, then for 0.1 BTC, you will get 2 ETH (0.1 X 20,) though the 1% fee lowers it to 1.98 ETH and decreases it by the network fee.
- The amount of ETH you receive will remain the same, regardless of whether the price moves up or down within that 10-minute window. It will always be exactly 2 ETH minus the fees.
- Float Fees: 0.5% + Network Fees
- In a floating order, the exchange offers a much smaller percentage,0.5%, which attracts a lesser amount.
- Nevertheless, the exchange rate is not fixed, which suggests that some elements of the monetary union’s dual structure could be harmful. The final price is fixed when the necessary number of blockchain confirmations is obtained.
- This means that the number of cryptocurrencies you earn can change based on market conditions during the confirmation period.
- Although the ratio can increase after the purchase is complete, if the values of cryptocurrency rise, a user can receive less of the cryptocurrency than shown.
- It is best for Hedging lovers who are willing to take some chances in market swings to get a better deal.
Example:
- You do an order to buy Ethereum (ETH) for 0.1 Bitcoin using a floating rate.
- Initially, people equated the rate at creation to 1 BTC= 20 ETH, hence the estimated 2 ETH.
- If, for instance, the Ethereum price was valued slightly lower during the confirmation period, then you might receive 1.98 ETH only. On the other hand, if the Ethereum price has changed, whereby $1 now equals 2.02 ETH, you will get 2.02 ETH.
Deposits
- Deposit Address: FixedFloat uses a single wallet address for your transaction. This is the wallet where you transfer the cryptocurrency that you want to trade.
- Minimum Deposit Amount: Every order is characterized by a minimum deposit amount. Any amount sent below this may lead to a failure in the transaction being made.
- Confirmations Required: The number of confirmations required in the blockchain for any currency also differs from one currency to another. It supervises and reviews the transaction status and adjusts until the necessary confirmations arrive.
- Deposit Tracking: FixedFloat offers users a link to an explorer that allows them to monitor the status of their deposits in real time.
Withdrawals
| Withdrawal Address | When placing an order, you fill in the details of the wallet address to which you want the exchanged cryptocurrency sent. |
| Processing Time | When you make a deposit and the exchange is successfully confirmed, FixedFloat starts the withdrawal process. Many deals take place, and the majority of these deals are immediate. |
| Network Fees | All withdrawals attract a network fee. This is a compulsory cost paid to the blockchain to facilitate the transaction fee. Of the two, the fee amount is dependent on the Network conditions. |
| Tracking Withdrawals | When a withdrawal request is processed, FixedFloat generates a Transaction ID (TXID) or a link to a block explorer to check its status. |
Frequently Asked Questions
Is FixedFloat a Legitimate and Reliable Company?
Absolutely. FixedFloat is a genuine Bitcoin trading platform that has strong policies on the security of its users. The site uses high-security measures, has round-the-clock support, and has received positive comments from users, including Bestchange and Trustpilot.
How Much Does FixedFloat Charge?
FixedFloat offers competitive fee structures:
- Fixed Orders: Priced at 1% of the transaction value plus network fees to guarantee the customers receive the received amount depicted at the time of creating the order.
- Float Orders: It is at 0.5% + the network fee, which gets to be pegged at the time of confirmation of the transaction.
How Can I Keep a Record of My Transactions on FixedFloat?
You can monitor your order in several ways:
- Via Email: If you provide your email address during the transaction process.
- Through the Website: Using cookies saved in your browser.
- On the Blockchain: By tracking the ledger to which funds are transferred.
Does FixedFloat Allow Users to Open an Account?
No, FixedFloat operates as a non-custodial platform. You can use the exchange without creating an account or providing personal information.
How Many Years is Required for an Exchange?
The time can range from minutes to hours, depending on the network congestion and the number of confirmations required for the transaction. However, most transactions occur within several minutes.