FixedFloat Exchange Review 2026: Features, Services, Fees, and More (UPDATED)
Key Takeaways
- FixedFloat is a non-custodial, no-KYC exchange – swaps happen automatically with no account or personal data required.
- In 2024 the platform suffered two hacks totalling ~$28 million, relaunched after a full security overhaul, and has been operating normally since.
- Fixed rate locks in your price for 10 minutes at 1% fee – floating follows the market at 0.5%.
- Best for quick, privacy-focused swaps of popular assets – not ideal for large amounts or fiat conversions.
Introduction
In the dynamic realm of cryptocurrencies, the quest for an exchange that harmonizes user-friendly simplicity with cutting-edge functionality is a pursuit cherished by many. Let us introduce you to FixedFloat, a fully automated crypto exchange that’s been running since 2018. It’s built around a pretty simple idea: fast, private crypto swaps with no accounts, no ID checks, and no fluff. Eight years in, the platform is still standing – though not without some serious bumps along the way.
This 2026 review of FixedFloat Exchange delves deep into the distinctive attributes that set FixedFloat apart. It captures its evolutionary journey and myriad advantages for an all-encompassing user experience.
FixedFloat in a Nutshell
FixedFloat is an entirely automated crypto exchange designed to streamline cryptocurrency swaps. Its non-custodial nature sets it apart, obviating the need for users to undergo registration or KYC verifications. Furthermore, it integrates with the Lightning Network, augmenting the speed of Bitcoin transactions.
The exchange prides itself on offering the most competitive rates in the market. Notably, FixedFloat facilitates crypto exchanges with both fixed and floating rates. For context, Fixed rates ensure the displayed crypto quantity remains constant while floating rates adapt to market fluctuations.
The platform now supports over 100 cryptocurrencies, a notable jump from the 60+ it launched with. The core offering remains the same – fixed and floating rate swaps, Lightning Network integration, and no registration required.
Ultimately, FixedFloat is renowned for its user-friendly interface, competitive fee structure, and exemption from KYC prerequisites.
| Website | https://fixedfloat.com/ |
| Native token | None |
| Number of orders completed | 1M+ |
| Number of regular customers daily | 1,000+ |
| Number of new customers daily | 5,000+ |
| Number of supported cryptocurrencies | 100+ |
| Available on mobile | Not available as of 2026 |
| Year founded | 2018 (Notable incident: hacked in 2024, relaunched same year) |
FixedFloat Crypto Exchange Details
A Glimpse into the Past
FixedFloat was founded five years ago, in 2018. It centered its business operations around a Lightning Crypto Exchange. The aim was to harness the potential of automation and integration with the Lightning Network to conduct faster and less expensive transactions off the primary blockchain.
By its fourth anniversary in 2022, FixedFloat has accumulated remarkable statistics. It has seen over a million successfully executed orders. It maintained a daily influx of more than 1,000 loyal customers and the trust of over 5,000 new visitors daily.
Additionally, the platform remained steadfast in its commitment to the Lightning Network. It actively engaged with the crypto community and even sponsored a gathering of Monero enthusiasts.
Platform User Experience
Navigating the FixedFloat platform is a breeze. It caters to both crypto novices and experts. One of its standout advantages is its commitment to convenience.
Creating orders on the website is straightforward. It involves selecting the desired cryptocurrencies for exchange, a rate type, and the amount to be traded. The user-friendly system also includes scanning a QR code or inputting a wallet address for swift transactions on the platform.
Notably, FixedFloat recently redesigned its website interface. It unveiled a new user interface optimized for seamless navigation across all devices. Additionally, FixedFloat extended its supported languages to accommodate 12 languages. It includes Polish, Turkish, Ukrainian, Simplified Chinese, Dutch, and Italian. Plans are in place to add Korean, Arabic (UAE), Japanese, and Hebrew soon.
Key Features and Capabilities
FixedFloat offers a comprehensive range of functionalities aimed at streamlining crypto transactions:
- Attractive fixed and floating exchange rates
- Among the most competitive fees in the crypto industry
- Transparent pricing without any concealed costs
- An intuitive and user-friendly interface
- Effortless network confirmations
- No mandatory KYC standard
- Support for multiple languages
- 24/7 customer support
Supported Cryptocurrencies
The platform has continued expanding its asset list and now covers a solid range of networks including multiple USDT networks, Monero, Litecoin, and various Layer 2 tokens alongside the main assets.
Services Offered
Instant Crypto Exchange
FixedFloat provides a simple process to exchange one coin for another. Users can immediately cash out on the swapped currency.
To get started, users initiate an order by selecting the crypto they want to exchange, the desired receiving currency, and the preferred amount. Users can enter the receiving address by simply pasting it or scanning a QR code.
For a personalized experience, FixedFloat offers a choice between two rate types. They are the Floating Rates based on market and Fixed Rates to ensure an exact amount.
After configuring all necessary parameters, users can initiate the exchange by clicking “Exchange now.” This action creates a new order. The subsequent page provides a comprehensive overview of the order, including details about fund transfers.
The order is automatically executed once the transaction becomes visible on the blockchain network. This process is expedited upon receiving the required network confirmations.
FixedFloat API
The updated FixedFloat API enables users to streamline fetching exchange rate data, generating orders, and overseeing transactions automatically.
This API enhancement includes comprehensive documentation, readily available code libraries for seamless integration, and the opportunity to generate profits from exchanges without necessitating participation in the affiliate program.
Affiliate Program
Fixedfloat provides an opportunity for users to generate income via its referral program. This affiliate initiative enables participants to sign up and earn 40% of the profits generated from transactions conducted by their referred downlines.
Transaction Fees
FixedFloat’s fee structure is determined by Fixed Rate and Float Rate. The two rates have three applicable fees: the FixedFloat service fee, the miner fee, and the consolidation fee.
- FixedFloat fee: This service fee is either 1% for the fixed rate or 0.5% for the floating rate. When choosing the fixed rate option, which remains fixed for 10 minutes, the fee amounts to 1% of the transaction’s total value. On the other hand, when opting for the floating rate, the fee stands at 0.5% of the transaction amount until the necessary blockchain confirmations are received.
- Miner fee for a sent transaction: The miner fee, applicable to outgoing transactions, covers the expenses associated with miners processing the transaction. This fee applies to various actions, including fund transfers, smart contract functions, and token transfers.
- Consolidation fee for an accepted transaction: This fee pertains to the consolidation of funds into a single address, thereby helping to reduce fees for subsequent transactions.
Security and Transparency
FixedFloat places a strong emphasis on security due to its decentralized design. Transactions occur peer-to-peer, cutting out intermediaries and third-party agents, guaranteeing secure and private exchanges.
Notably, FixedFloat is a non-custodial service, meaning it does not hold user deposits, greatly reducing the vulnerability to cyber-attacks and potential asset loss. The platform provides multiple tracking options to empower users in overseeing their transactions. It includes email notifications, website monitoring, and accessible order links.
Furthermore, FixedFloat’s commitment to transparency extends to its fee structure, which is completely transparent and free from concealed commissions.
A Difficult 2024 – and What Came After
The “Security and Transparency” section above describes how things are supposed to work. What actually happened in 2024 is a different story, and anyone researching this platform deserves to know about it.
In February 2024, FixedFloat was hit by a serious attack. Hackers drained roughly 409 BTC and 1,728 ETH – about $26 million in total – by exploiting vulnerabilities in the platform’s server infrastructure. A few weeks later, in early April, the same attacker struck again, taking another $2.8 million in various tokens. Both breaches were traced back to third-party hosting servers that the team hadn’t fully migrated away from. Once the attacker found one IP address, they used the hosting provider’s admin access to reach every connected server.
The platform went offline for over two months while the team rebuilt the infrastructure from scratch, migrated all servers away from the compromised host, and completed security audits. When it came back, the team stated that all outstanding orders affected by the shutdown had been fulfilled. Since FixedFloat is non-custodial, user funds sitting in personal wallets were not directly at risk – only funds mid-transaction at the time of the attack were affected.
As of 2026, FixedFloat is back in normal operation. The 2024 breaches were real and serious, but the platform’s continued presence and the team’s transparency in explaining what went wrong goes some way toward rebuilding confidence. That said, if you’re moving significant amounts, it’s worth keeping the history in mind.
KYC Process
FixedFloat distinguishes itself from the market competition by employing no mandatory know-your-customer (KYC) compliance prerequisites. This distinctive feature resonates with individuals prioritizing safeguarding their data, streamlined onboarding, and shared philosophical principles.
In contrast to conventional exchanges, FixedFloat enables users to utilize the platform without logging in or registering. Nevertheless, users must log in to their respective accounts to access their order history.
Mobile Application
FixedFloat has included in its strategy for the current year the introduction of a new mobile application to improve its service offerings. This initiative will offer users a more convenient means to access cryptocurrency exchange services.
Customer Support
To deliver outstanding user experiences, FixedFloat extends around-the-clock customer support across various communication channels such as live chat, Telegram, X (fka Twitter), and email.
Pros and Cons
Here’s a list of the advantages and disadvantages associated with utilizing FixedFloat:
| Pros | Cons |
| User-friendly interface | No NFT marketplace |
| No KYC | Limited selection of cryptocurrencies |
| Fast exchange | No fiat currencies |
| Favorable exchange rates | Suffered two hacks in 2024 totalling ~$28 million |
| Low fees |
Final Score
| Services offered | 4 |
| Cryptocurrency support | 4 |
| Fees | 4 |
| Security | 4 |
| Review Score | 4 |
Summary
FixedFloat is still doing what it set out to do back in 2018 – quick, private crypto swaps with no account needed. The interface is clean, fees are transparent, and the Lightning Network integration is a genuine plus for Bitcoin users.
The 2024 hacks are impossible to ignore and should factor into your decision, especially if you’re moving larger amounts. The platform came back, sorted out its infrastructure, and has been running normally since.
For casual swaps where speed and privacy matter more than anything else, it’s a reasonable choice. Just don’t treat it as your go-to for anything you can’t afford to lose in a worst-case scenario.
Frequently Asked Questions (FAQs)
Is KYC mandatory for FixedFloat?
No, FixedFloat does not require mandatory KYC compliance. It offers a privacy-conscious choice for users.
What do fixed and float rates mean?
Fixed rates maintain the displayed crypto amount unchanged, while float rates adjust according to market fluctuations.
Which cryptocurrencies are supported on FixedFloat?
FixedFloat supports a diverse range of over 60 cryptocurrencies, including Bitcoin, Ethereum, and Cardano, with more additions planned for the future.
Are there fees associated with using FixedFloat?
Yes, there are fees involved. Applicable service fees include 1% for fixed rates and 0.5% for float rates, a miner fee, and a consolidation fee. These fees ensure the efficiency and reliability of transactions.
Does FixedFloat offer customer support?
Absolutely, FixedFloat provides 24/7 customer support accessible through various channels, including live chat, Telegram, Twitter, and email.
Has FixedFloat ever been hacked?
Yes. In early 2024, FixedFloat suffered two separate attacks within weeks of each other, resulting in losses of approximately $28 million in total. The breaches were caused by vulnerabilities in third-party server infrastructure. The platform shut down for over two months, completed a full security overhaul, and relaunched. All outstanding orders from the time of the shutdown were fulfilled by the team.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
