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🔐 What’s the Difference Between Fixed and Floating Rates?

Floating and Fixed rate Explained

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Written by Max Novak
Updated over a month ago

🔁 Floating Rate

  • Based on real-time market prices

  • The final amount may vary due to market fluctuations

  • Typically offers slightly better rates

🔒 Fixed Rate

  • Locks in the rate for ~15–30 minutes

  • Great during volatile markets

  • Slightly higher spread to ensure stability

💡 We recommend Fixed Rate for larger amounts or when prices are swinging.

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