For crypto that are supported by the swap feature, you can swap from any coin account already existing in Ledger Live. You don't need to create any specific user account. What crypto can I exchange through Ledger Live? What is the difference between fixed and floating rates? When exchanging crypto with a fixed rate, our partner guarantees you a fixed price. You know exactly in advance how much you are going to receive.
For this reason, the fees are higher than a floating rate. With a floating rate, you are not protected against variations in crypto prices. The swap rate will depend on the market price at the time of the swap. This option offers lower fees. Bitcoin is a base or quoted currency in tens of currency pairs with a daily trading volume reaching tens of billions of pounds. So, find a safe way to keep your private key.
Which factors affect Bitcoin value? The supply and demand for Bitcoin have a major influence on its price. The cost of mining Bitcoins also affects the value of BTC, in a way that higher costs would imply the BTC value should increase or mining would be unprofitable. The number and strength of competitive cryptocurrencies and the number of currency exchanges that quote the BTC can positively or negatively impact BTC value. Moreover, different regulations and legal issues can naturally affect the value.
What is Ethereum? It is an open-source platform that utilises blockchain technology to create and execute distributed applications DApps. Ethereum is commonly used as a name of the associated cryptocurrency but in fact Ethereum is the system or network while Ether or ETH is the native currency.
Users need to have Ether when they want to execute a certain transaction through the system. The factors can be divided into two groups — the ETH related and those affecting the general cryptocurrency market.


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