---
title: How It Works
description: Swap crypto in three steps on Swapquick: choose your pair, send your coins, and receive the exchange in your wallet. No account and no custody.
canonical: https://www.swapquick.com/how-it-works
locale: en
---

# How It Works

## How Swapquick works

### Fill in exchange details

Choose an exchange pair from the list. There are more than 50,000 of them, so you will definitely find one that you want.

### Make a deposit

Check all exchange details, get an estimated transaction time, and send your funds to our one-time deposit address.

### Receive crypto

Enjoy the Swapquick magic. We'll find the best possible exchange rate, swap your assets, and send them back to you in a few minutes.

## What we DO offer

### Best exchange rates

We guarantee the best rates to our clients

### Fast transactions

An average exchange time is about ⏱ 5 mins

### Caring service

We respect your privacy and don’t control your funds

## Swapquick Superpowers

### All fees included

We have nothing to hide. The estimated exchange rate includes all possible fees, providing you with completely fair terms.

### No exchange limits

You can exchange crypto for as low as $2. There are no upper limits for exchange, even if you want to exchange 1000 BTC.

### More than 50,000 trading pairs

On Swapquick, you can find nearly any pair of listed currencies, even the rarest combinations.

### Fixed or floating rates

Choose the floating rate to make your exchange more profitable, or a fixed rate to get the exact amount you expected.

### Guarding you and your funds

We strive to protect our users from any type of scam with an automated risk prevention system that analyzes all transactions in real-time.

## FAQ

### How does SwapQuick work?

SwapQuick is integrated into multiple cryptocurrency trading platforms, including Binance, Bitfinex, HTX, OKEx, and Kucoin. At the moment of the trade, we’ll choose the best exchange rate on the market at any given moment and offer it to you.

### How fast will my transaction be processed?

The processing speed ranges from about two to twenty minutes, depending on how long it takes for a block to happen in the network. Most orders process in just a few minutes. If the transaction is large (more than 1 BTC or equivalent), processing it may take a little longer, depending on the size of your transaction and the capacity of the block. We boast the highest exchange speeds on the market thanks to our revolutionary trading algorithms.

### How do I get my cryptocurrency wallet address?

When you decide which crypto coin you would like to acquire, find a reliable wallet. Each cryptocurrency has an official one. When you create a wallet, you automatically get an address and a private key. Keep your private key to yourself and don’t show it to anyone, even if they ask.For security reasons, we will never ask you for your private keys and nobody should.

### How long does it take for a transaction to be finished?

If your transaction takes more time, it may be due to various issues:

- DDoS attacks. Unfortunately, such problems happen from time to time, but we are always happy to help you and solve any issues;
- Cryptocurrency updates. We may update the client and disable some coins. As soon as we turn them back on, you will get your funds right away;
- The blockchain is overloaded. Too many transactions are waiting to be included into the blockchain, and yours may wait for its turn, too. Sometimes you might have to wait a little longer.

### What's the difference between fixed rate flow and classic flow?

During the classic flow, each transaction may have its own unique exchange rate because of rate fluctuations, market conditions, and network fees. The rate might change at any moment; as a result, you might receive more or less than you thought you would. 
 
  Implementing fixed rate exchanges leads us to lay down a small reserve to guarantee your safety from exchange rate fluctuations. It's included into the rate you will see at the beginning of the exchange, no other fees included.
 
 Because of the rate risks we take, the fixed rate may differ from the classic flow's rate. However, it gives our customers confidence in the amount they will receive.

## More

- [How it works](/how-it-works.md)
- [Exchange](/exchange.md)
- [Status and supported currencies](/status.md)
- [Terms of use](/terms-of-use.md)
- [Privacy policy](/privacy-policy.md)
- [Risk disclosure statement](/risk-disclosure-statement.md)