You have very good fees rate but how is the exchange rate calculated? 1% fees would be very bad if exchange rate includes hidden fees.
For fixed rate orders, we take the current market price and adjust it by 1% to guarantee the fixed rate, plus 1% as the platform fee. This allows us to lock in the rate regardless of market fluctuations. If the market shifts by more than 1% during the order process, the user is always asked whether they want to provide a refund address to get their funds back or continue with the current market rate.
You didn't get my point, so let me quickly compare the fees:
For Bitcoin and most cryptocurrencies, exchage rate are not the best, but they are good for XMR.
200 USDT ---> BTC:
0.00166074 BTC (
https://snapswap.io/)
0.0017357 BTC (StealthEX)
0.0017472 BTC (SwapSpace)
0.00174867 BTC (DAI/
https://splash.tf/)
200 USDT ---> XMR
0.7241104 XMR (
https://snapswap.io/)
0.0.71977663 XMR (StealthEX)
0.0.727896 XMR (SwapSpace)
0.72359120 XMR (DAI/
https://splash.tf/)
If you can get more competitive fees, this service would be an excellent choice.
Thank you for taking the time to compare the rates and share this feedback. You’re right, for some pairs like BTC and ETH the fees are little higher. The main reason is that withdrawal costs for certain coins on our liquidity side are relatively high, and this is reflected in the final rate.
We’re already looking into adding additional liquidity providers to optimize these cases and lower the spread, while keeping XMR and other pairs as competitive as they are now. Step by step, this will allow us to offer better rates across a wider range of coins.
