What is the difference between Variable and Fixed rates?

Variable rates offer flexibility and are more cost-effective but come with rate uncertainty, while fixed rates provide stability at a slightly higher cost. The choice depends on your transaction's requirements.

Here's a concise overview:

---

Variable Rates

• Flexible Estimates: These rates are subject to change during the transaction due to market fluctuations and exchange slippage.

• Best for Defined Send Amounts: Ideal for transactions where the sending amount is fixed, not the receiving amount.

• Cost-Effective: Generally lower than fixed rates, making them recommended for most transactions.

---

Fixed Rates

• Stable Pricing: Rates are locked in at the start of the transaction, unaffected by market changes during the process.

• Suitable for Precise Receiving Amounts: Recommended for transactions requiring a fixed receiving amount, like invoice payments.

• Higher Rates: Rates account for market volatility, therefore typically higher than variable rates.