Swap flow
Quote
A quote is the receive amount an exchange commits to for a given input at that moment, including its fee and estimated network costs.
Quotes expire; most services give a window to deposit. Compare quotes across services on the receive amount only.
On Swap.bz
Quotes on Swap.bz show the amount out with USD equivalents and the fee tier before any address is generated.
Get a quote →Related terms
Service fee
The service fee is the percentage an exchange keeps for executing the swap, separate from blockchain network fees.
Floating rate
A floating-rate swap is executed at the market rate at the moment your deposit is confirmed, so the receive amount can move up or down while you wait.
Order window
The order window is the time you have to send the deposit before the order expires and its address stops being monitored automatically.
← All 62 terms · Last reviewed