How It Works

Overview

iFlux Global is excited to introduce our new Swap feature, which enables the instant and seamless exchange of cryptocurrencies directly within the iFlux platform. This feature provides a convenient way to diversify your portfolio, react to market movements, and manage your crypto holdings efficiently.

Key Features

Instant Swaps: Exchange one cryptocurrency for another instantly.
Market Rate: Swaps are executed at the current market rate, ensuring fair and transparent pricing.
2-Minute Price Lock: To provide stability and protect against rapid price fluctuations, the quoted exchange rate is locked in for 2 minutes after you initiate a swap.
Wide Range of Tokens: Swap between a wide variety of supported cryptocurrencies.
Simple Interface: The Swap feature is integrated directly into your iFlux account, making it easy to use.

How it Works

Select Tokens: Choose the cryptocurrency you want to swap from (Token A) and the cryptocurrency you want to swap to (Token B).
Enter Amount: Specify the amount of Token A you wish to swap.
Review Quote: iFlux Global will display the current exchange rate, the estimated amount of Token B you will receive, and the applicable fee
Confirm Swap: If you are satisfied with the quote, confirm the swap.
Instant Execution: The swap will be executed instantly, and your wallet balances will be updated to reflect the exchange.
Reload: If the 2-minute price lock expires soon, the system will ask you to reload to get the newest price.

Fees

A 1% transaction fee is applied to each swap. This fee is deducted from the amount of Token A you are swapping from.

Example:

You want to swap 100 Token A for Token B.
iFlux will deduct a 1% fee: 100 Token A * 0.01 = 1 Token A.
You will use 99 Token A to execute the swap.
You will receive the equivalent value of 99 Token A in Token B, based on the current market rate at the time of the swap (within the 2-minute price lock).

Important Considerations

Market Volatility: While the 2-minute price lock provides some protection, cryptocurrency prices can be highly volatile. Be aware of the potential for price changes before initiating a swap and after the 2-minute lock expires.
Liquidity: Ensure there is sufficient liquidity for the tokens you are swapping to avoid slippage (receiving a less favorable exchange rate than expected). iFlux Global strives to provide deep liquidity, but market conditions can vary.
Supported Tokens: Not all tokens available on iFlux Global may be available for swapping.

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Last updated 18 hours ago

Overview

Key Features

Instant Swaps: Exchange one cryptocurrency for another instantly.

Market Rate: Swaps are executed at the current market rate, ensuring fair and transparent pricing.

2-Minute Price Lock: To provide stability and protect against rapid price fluctuations, the quoted exchange rate is locked in for 2 minutes after you initiate a swap.

Wide Range of Tokens: Swap between a wide variety of supported cryptocurrencies.

Simple Interface: The Swap feature is integrated directly into your iFlux account, making it easy to use.

How it Works

Select Tokens: Choose the cryptocurrency you want to swap from (Token A) and the cryptocurrency you want to swap to (Token B).

Enter Amount: Specify the amount of Token A you wish to swap.

Review Quote: iFlux Global will display the current exchange rate, the estimated amount of Token B you will receive, and the applicable fee

Confirm Swap: If you are satisfied with the quote, confirm the swap.

Instant Execution: The swap will be executed instantly, and your wallet balances will be updated to reflect the exchange.

Reload: If the 2-minute price lock expires soon, the system will ask you to reload to get the newest price.

Fees

A 1% transaction fee is applied to each swap. This fee is deducted from the amount of Token A you are swapping from.

Example:

You want to swap 100 Token A for Token B.

iFlux will deduct a 1% fee: 100 Token A * 0.01 = 1 Token A.

You will use 99 Token A to execute the swap.

You will receive the equivalent value of 99 Token A in Token B, based on the current market rate at the time of the swap (within the 2-minute price lock).

Important Considerations

Market Volatility: While the 2-minute price lock provides some protection, cryptocurrency prices can be highly volatile. Be aware of the potential for price changes before initiating a swap and after the 2-minute lock expires.

Liquidity: Ensure there is sufficient liquidity for the tokens you are swapping to avoid slippage (receiving a less favorable exchange rate than expected). iFlux Global strives to provide deep liquidity, but market conditions can vary.

Supported Tokens: Not all tokens available on iFlux Global may be available for swapping.