Exchange model and service choices
Sections ↑FixedFloat is an automated swap service: select the two supported currencies, supply the receiving address and fund an individual exchange. The service overview includes Bitcoin Lightning as well as conventional blockchain transfers. The live asset list controls route availability; a token on one network is a different deposit instruction from the same ticker on another network.[2]
Service and interface scope
| Choice | How it works | What to retain |
|---|---|---|
| Direct exchange | Create a floating or fixed-rate order without making an account a prerequisite. | Save the order link and identifier. Account registration is useful for a persistent history.Source 8 |
| Cryptocurrency settlement | The exchange sends the output to the receiving address supplied for that order. | This does not establish a fiat bank account, a standing broker cash balance or a credit line.Source 2 |
| Telegram interface | The January 2025 announcement identifies @FixedFloatBot for exchanges and @fixedfloat_chat_bot for support. | Distinguish the trading bot from the support bot; a similarly named Telegram account is not the documented channel.Source 22 |
| Commercial integration | Third-party services can create orders using an approved commercial API configuration. | An integrator can apply a custom afftax markup. Check the total quote displayed in that integration.Source 19 |
The FAQ retains a historical claim of more than one million users over four years. It does not identify a current active-trader count, audited customer population or current trading-volume window. That statement is not treated as a 2026 ranking metric.[3]
Exchange fees, network costs and price validity
Sections ↑Published charging basis
| Element | Published basis | Effect on comparison |
|---|---|---|
| Floating service fee | 0.5% of the exchange amount. | The final conversion depends on the market rate when processing occurs.Source 5 |
| Fixed service fee | 1% of the exchange amount. | The quote reserves a specified output subject to the order’s funding and market-movement conditions.Source 5 |
| Incoming and outgoing network work | The rate-formation guide includes consolidation and payout network costs in the exchange calculation. | The amount received can be affected substantially by chain costs even when the percentage service fee looks small.Source 5 |
| Sender’s wallet charge | A network fee pays for blockchain processing; it is distinct from the exchange’s service commission. | Allow for the sending wallet’s own charge when comparing the total cost of completing a swap.Source 6 |
| Consolidation | The service moves received funds into its operating wallet. Input count and network conditions can affect this cost. | A small exchange may bear a large percentage burden from network work. Multiple inputs are not economically identical to one input.Source 7 |
| Integrated quote | Commercial API configurations can add markup, subject to their agreement. | Do not assume a partner quote is identical to the direct website’s headline percentage.Source 19 |
For an illustrative $500 fee basis, the stated percentages give $2.50 at the floating rate or $5 at the fixed rate, before network costs and market conversion. These dollar amounts explain the fee calculation; they are not executable output quotes or a guarantee that the two order types would use the same conversion price.[5]
Suppose total network work were $4.80. A hypothetical $40 floating exchange would incur $0.20 service commission plus $4.80 network cost: $5, or 12.5% of its value. At $400, the same assumed network cost plus $2 commission would total $6.80, or 1.7%. The assumed network charge is illustrative and can vary by route and congestion.[7]
Order clocks and re-quotation
| Situation | Published treatment |
|---|---|
| Initial funding window | The how-to guide gives ten minutes for a fixed order and 30 minutes for a floating order. Fund the current order rather than relying on an old deposit instruction.Source 8 |
| Expired quote | A late transfer can require a new rate or a refund less the network cost. A funded order can therefore need further user action.Source 8 |
| Fixed-rate movement condition | Fixed quotes require the exact deposit and a market move within 1.2% from order creation to mempool arrival; otherwise re-quotation or refund can apply.Source 4 |
| Live size limits | Use the pair’s displayed minimum and maximum. A minimum reflects the economics of that route and can change with network costs.Source 3 |
Funding, confirmation and wrong-transfer handling
Sections ↑Prepare the sending network, receiving network and destination before depositing. The service’s wrong-network guide distinguishes a transfer mistakenly sent to FixedFloat from an output already delivered to a customer-controlled or custodial address. Recovery authority follows whoever controls that destination; the exchange cannot unilaterally recover funds held by a different custodian.[10]
Examples from the confirmation schedule
| Deposit network or asset | Required confirmations | Reading the number |
|---|---|---|
| Bitcoin | 1 | A block requirement, not a promised number of minutes.Source 9 |
| Litecoin / Dogecoin | 2 / 4 | The two assets have different requirements.Source 9 |
| Ethereum / USDT on Ethereum | 4 | Ethereum-based deposit treatment.Source 9 |
| Ethereum on Base or Arbitrum | 20 | Select the actual network, not just ETH.Source 9 |
| USDT on Tron | 1 | Does not make a Tron deposit interchangeable with Ethereum USDT.Source 9 |
| USDC on Polygon | 30 | Applies to the listed Polygon route.Source 9 |
| Monero / Sui | 20 / 10 | Asset-specific processing requirements.Source 9 |
| Solana / XRP | 1 / 1 | Additional review can still delay settlement.Source 9 |
Recovering an incorrect or delayed transfer
| Issue | Published mechanism and limit |
|---|---|
| Wrong network | Contact support for an incoming error. For an output sent to a custodial service, that recipient controls any recovery. Identical address formatting does not prove network compatibility.Source 10 |
| Unsupported network or asset | Terms describe discretionary recovery above $20, a $10 processing charge and review up to 30 days; conditions and additional network costs depend on the error.Source 4 |
| Missing destination tag | Terms provide discretionary recovery above $10, charging 10% with a $10 minimum and requiring sending-service evidence.Source 4 |
| XRP destination formats | An r-address may require a separate tag; an X-address embeds destination information. Confirm the receiving service’s supported format instead of dropping the tag.Source 12 |
| Unconfirmed Bitcoin payment | The fee-replacement guide discusses changing an eligible unconfirmed transaction through the sending wallet. This cannot reverse an already confirmed payment.Source 11 |
| Closed order page | The FAQ directs users to browser history, the order email where supplied, or support. Preserve the identifier instead of creating another payment to an old address.Source 3 |
The blockchain explorer reference on an order can distinguish a deposit awaiting confirmations from a completed payout. Keep the quoted type, creation time, transaction references and receiving amount together. Account history is convenient, but the order page itself is the core transaction record.[8]
Temporary custody, compliance holds and security history
Sections ↑FixedFloat markets settlement to the customer’s own wallet rather than an ongoing exchange balance. During a funded exchange, however, its infrastructure controls the received coins and the payout. Its published source-of-funds policy can move certain transfers into review; the absence of routine registration does not guarantee an uninterrupted or identification-free exchange.[15]
Material custody and service events
| Event or control | What the source establishes | What remains distinct |
|---|---|---|
| February 2024 incident | The company reported a $26.1 million theft and said more than 30 delayed orders were subsequently fulfilled. | Its statement that the theft concerned operating liquidity is a company account, not independent proof of comprehensive customer insurance.Source 13 |
| Second 2024 incident | FixedFloat described another incident around 31 March–1 April, a roughly two-month suspension and later restoration. | The company said it met obligations after recovery. That does not guarantee performance during a future interruption.Source 14 |
| Current source review | A published policy effective 3 March 2025 identifies direct eXch-origin transfers for enhanced review and evidence requests. | This describes FixedFloat’s screening policy; it is not a finding that every transfer from the named service is unlawful.Source 15 |
| Personal information | The privacy policy covers IP/device details, contact information and transaction-related data, with retention for legal and dispute purposes. | Requesting access or deletion does not necessarily end mandatory retention or remove blockchain records.Source 17 |
The 2024 recovery announcement also identifies the move to ff.io. Both the old fixedfloat.com name and the current domain belong in the same profile identity; the change does not create a separate exchange for coverage purposes.[13]
Country restrictions and identity requirements
Sections ↑The current terms exclude US citizens, residents and people present in the US; they also prohibit access from Georgia or India and restricted or unlawful jurisdictions. Geographic access is a contractual condition, not resolved by the interface loading.[4]
India’s Ministry of Finance reported on 9 September 2026 that FIU-IND issued non-compliance notices to 15 providers, expressly naming Fixedfloat and FFGX Group LLC. It also announced notices to take down their applications or URLs for public access in India. This is an enforcement and access action, not a positive Indian registration.[23]
The source-of-funds policy makes clear that a transaction can require further investigation. A customer using an otherwise permitted location should still retain the origin of funds and sending-wallet evidence. No fixed universal release time is established by that notice.[15]
Support channels and complaints
Sections ↑Published contact routes
| Purpose | Contact | Scope |
|---|---|---|
| General exchange help | [email protected] | Order questions and service problems.Source 16 |
| Suspended transaction | [email protected] | Compliance handling and requested evidence.Source 16 |
| Crime victim assistance | [email protected] | The dedicated assistance route advertised for affected users.Source 16 |
| Law-enforcement contact | [email protected] | Legal requests, distinct from routine customer support.Source 16 |
| Integration support | [email protected] | API functionality and commercial integration issues.Source 16 |
| Referral programme | [email protected] | Programme questions and arrangements.Source 16 |
The support page advertises around-the-clock availability. Published estimates for social-channel replies are not a guaranteed restoration or withdrawal deadline. An interrupted exchange should be tied to its order number and transaction reference when contacting the relevant team.[16]
Terms prescribe email negotiations for 30 days before court proceedings and a one-year contractual claim period, subject to applicable law.[4]
Regulatory status and protection boundaries
Sections ↑The September FIU-IND release describes AML registration and reporting obligations for providers serving India, including offshore businesses. It does not grant FixedFloat permission or describe a customer compensation fund. The reviewed release announces notices, not a final monetary penalty or criminal conviction; no later rescission was established in the subsequent targeted check.[23]
The corporate address in the terms is not treated here as evidence of prudential supervision. Likewise, the company’s account of meeting obligations after the 2024 incidents should not be converted into an insurance limit or a statutory repayment entitlement.[14]
Operator, domains and scale evidence
Sections ↑The terms updated 2 October 2026 give an address at 88 Avtomshenebeli Street, Kutaisi 4600.[4]
The historical user claim supplies no current active-user denominator or comparable trading-volume window. A precise global rank would imply information that the inspected public materials do not establish.[3]
- Operator
- FFGX Group LLC
- Exchange model
- Centralised
- Service scope
- Automated cryptocurrency exchange, including supported Bitcoin Lightning routes.
- Client types
- Retail clients
- Pricing publication
- Public pricing
- Other names
- Fixed Float; fixedfloat.com; ff.io
- Pricing scope
- Published floating fee 0.5% or fixed fee 1%, with network costs and a live conversion quote.
- Funding scope
- One cryptocurrency deposit funds an order; output goes to the specified receiving address.
- Custody and asset handling
- Funds pass through the operator during exchange; compliance review can interrupt settlement.
- Client eligibility
- US citizenship, residence or presence excluded; access from Georgia or India prohibited.
- Support
- Advertised 24/7 chat and separate general, compliance, API and legal email routes.
- Authorisation and registration scope
- FIU-IND named FixedFloat and FFGX Group LLC in September 2026 non-compliance and access-takedown notices.
Exchange metadata checked 21 Oct 2026Source 1Source 4Source 23
Covered contracting entities
FFGX Group LLC
- Jurisdiction
- Georgia
- Covered services
- FixedFloat cryptocurrency exchange
- Client and location scope
- Territorial restrictions apply.
API permissions, partner rewards and account records
Sections ↑API access and automation
| Function | Authority or constraint |
|---|---|
| Authentication | Requests use an API key and secret with HMAC-SHA256 signing. Treat them as service credentials rather than public read-only identifiers.Source 18 |
| Order actions | Methods create and inspect orders, retrieve QR data, set notification email and handle emergency continuation or refund. Refund actions require the order ID and security token and can select a refund destination.Source 18 |
| Capacity | The documented limit is 250 weighted units per minute: creation costs 50 and other requests generally cost one. Four creations plus 50 reads consume the full 250.Source 18 |
| External wallet | Creating an exchange request does not sign a payment from the customer’s external wallet. Keep quote creation, funding and refund authority separate when designing controls.Source 18 |
| Commercial keys | The API terms distinguish personal and commercial configurations, with or without affiliate participation. Commercial approval and revocation conditions apply.Source 19 |
Referral reward terms
| Item | Published condition |
|---|---|
| Reward base | 40% of FixedFloat’s income from qualifying referred transactions, not 40% of the amount exchanged. For hypothetical qualifying platform income of $12, the share is $4.80 before BTC conversion and payout conditions.Source 20 |
| Payout | Minimum withdrawal is 0.001 BTC. The terms require a withdrawal request and provide for approval within three days; commercial API participation needs prior approval.Source 21 |
| Account and referral conduct | One active account; self-referrals, abusive schemes, cookie stuffing and prohibited promotion are excluded. Maintain a valid, controlled email address.Source 21 |
| Suspension | Breaches or missing required information can lead to exclusion, blocked API keys and withheld profit withdrawal. This is conditional partner revenue, not freely withdrawable customer cash awarded on signup.Source 21 |
The privacy policy provides routes to request access, correction or deletion of personal information. For accounting, retain individual exchange records and independently reconcile outgoing coins, incoming coins and network charges. The public materials inspected do not establish a complete tax-return preparation service.[17]
Sources & further reading
- Current exchange interface FixedFloat · Accessed 21 Oct 2026
- Exchange service overview FixedFloat · Accessed 21 Oct 2026
- Exchange FAQ FixedFloat · Accessed 21 Oct 2026
- Terms of service FixedFloat · 2 Oct 2026 · Accessed 21 Oct 2026
- How exchange rates are formed FixedFloat · Accessed 21 Oct 2026
- Network transaction charges FixedFloat · Accessed 21 Oct 2026
- Deposit consolidation FixedFloat · Accessed 21 Oct 2026
- Creating and tracking an exchange FixedFloat · Accessed 21 Oct 2026
- Required deposit confirmations FixedFloat · Accessed 21 Oct 2026
- Wrong-network transfers FixedFloat · Accessed 21 Oct 2026
- Bitcoin fee replacement FixedFloat · Accessed 21 Oct 2026
- XRP address and tag formats FixedFloat · Accessed 21 Oct 2026
- Service return after the February 2024 incident FixedFloat · Accessed 21 Oct 2026
- Company explanation of the second 2024 incident FixedFloat · 24 Jun 2024 · Accessed 21 Oct 2026
- Source-of-funds review policy update FixedFloat · Accessed 21 Oct 2026
- Support contacts FixedFloat · Accessed 21 Oct 2026
- Privacy policy FixedFloat · 9 Oct 2025 · Accessed 21 Oct 2026
- API methods and rate limits FixedFloat · Accessed 21 Oct 2026
- API terms FixedFloat · 15 Apr 2024 · Accessed 21 Oct 2026
- Affiliate programme FixedFloat · Accessed 21 Oct 2026
- Affiliate terms FixedFloat · 9 Jul 2026 · Accessed 21 Oct 2026
- Official Telegram bot announcement FixedFloat · 11 Jan 2025 · Accessed 21 Oct 2026
- FIU-IND non-compliance and access notices Ministry of Finance, India / PIB · 9 Sep 2026 · Accessed 21 Oct 2026
This profile reports dated public information, including exchange-published services and terms. It does not independently test or guarantee trading, custody, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.
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