What is the flash swap on okx exchange?
The Ouyi flash exchange function is specially designed for users to quickly exchange cryptocurrencies, helping users get rid of the trouble of multiple transactions or frequent transfer of crypto assets between different accounts when exchanging cryptocurrencies. The Ouyi flash exchange function not only greatly simplifies the transaction process, but also supports users to exchange with extremely small amounts, providing users with a shortcut for seamless cryptocurrency exchange.
1. What is EuroEasy Exchange?
The Ouyi flash exchange function is specially designed for users to quickly exchange cryptocurrencies, helping users get rid of the trouble of multiple transactions or frequent transfer of crypto assets between different accounts when exchanging cryptocurrencies. The Ouyi flash exchange function not only greatly simplifies the transaction process, but also supports users to exchange with extremely small amounts, providing users with a shortcut for seamless cryptocurrency exchange.
2. What is the difference between flash exchange and spot trading?
Different from the order matching mode, flash exchange uses the counter quotation mode, which does not generate any transaction fees and does not have slippage. Therefore, there is a certain difference between the flash swap price and the spot price. First, the user makes an inquiry to the counter, and the counter will provide a competitive price based on the current market. If the user accepts the counter's quotation, he can quickly trade after clicking confirmation. Make sure your balance is sufficient before trading.
3. What digital currencies can I exchange on EuroEasy?
You can redeem most cryptocurrencies on the OKX platform. Ouyi Exchange is very flexible and convenient. Whether it is to exchange USDT for BTC, ETH or other digital currencies, you only need to select the corresponding currency in the currency drop-down menu, and the system will provide you with the exchange rate of the corresponding currency pair. Note that BTC/ETH cannot be exchanged for any altcoins (currencies other than BTC/ETH/stablecoins). On the contrary, altcoins cannot be exchanged for any other currency pairs except BTC/ETH, as long as there is a spot trading currency pair. , you can redeem it through flash exchange
4. What is the minimum/maximum amount for a single transaction?
The minimum transaction amount limit for flash exchange will be close to 0, ensuring that users can exchange any small amount of cryptocurrency into mainstream coins or stable coins; the maximum amount of a single transaction will depend on the token and can be entered by Transaction amount, click Confirm to preview.
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