Floating rate on Baksmany.net

Floating rate

The floating rate is not fixed at the time of application creation and is determined at the moment of asset crediting and the start of the exchange operation. The formation of the rate takes into account market conditions, liquidity, network fees, and liquidity provider commissions, as well as spreads of trading platforms.
 
The service has the right to use one or more trading platforms and, in a competitive market, does not disclose information about the structure of liquidity sources, as this relates to commercially sensitive data and is not subject to public disclosure.

Possible deviations from the average market rate may be accompanied by a corresponding notification and a request for transaction confirmation.

Fixed rate

The fixed rate takes into account all possible fees and price risks and is fixed for up to 15 minutes from the moment of application creation.

In case of significant market volatility, the service has the right to suspend the exchange and offer updated conditions. If the client refuses, the asset is returned in full.