Exchange Ethereum to Bitcoin Lightning Network | FixedFloat – MOSQUITO CONTROL in Chicago IL

Exchange Ethereum to Bitcoin Lightning Network | FixedFloat

FixedFloat | Instant cryptocurrency exchangefixedfloat.ltd

Lightning cryptocurrency exchange

Ethereum is a new blockchain that, in addition to sending cryptocurrencies, allows you to run and run smart contracts. With their help, you can create a variety of decentralized applications, including their own currencies (tokens). In addition to contracts, a big advantage among other blockchains is considered to be a fairly high speed of transactions.

When will the transaction enter the blockchain?

Blocks in the Ethereum blockchain are created approximately every 13 seconds.

The system does not see the transaction, what to do?

If you sent money, but there are no changes, check your transaction in Explorer (etherscan.io or blockchair.com) and verify that the transaction was created.

Make sure that the transaction was not sent through a contract, otherwise, contact technical support to solve the problem, you may have to wait a while in order to make a refund or exchange.

If the transaction has already been added to the blockchain, and the system has not seen it, please contact our support, we will be able to help you quickly.

A brief history of the Lightning Network

The Bitcoin community has long been baffled by the scalability issue. The speed of transactions fell, and the network fees grew. In 2015 Thaddeus Dria and Joseph Poon proposed a solution called the Lightning Network. The idea was to carry out some of the transactions outside the network, thereby reducing the load on the BTC blockchain. In 2018, the Lightning Network was launched in Bitcoin.

The Lightning Network is a system that helps users move funds among themselves without having to use a blockchain to verify a transaction. Instead, there is a quick check of funds from the sender and a request from the recipient who agrees to the transaction.

Problems you may encounter while getting the Lightning Network

  1. If during the creation of an order when inserting an invoice, an error occurs about the absence of a path, this means that there is no created channel between our node and your wallet node. A channel is required to send and receive payments on the Lightning Network. If there is no open channel between our node and your wallet node, the payment will not be executed. It is recommended to try using a different wallet.
  2. If the order page indicates that the order was completed, but you did not receive the funds, then the reason for this may be:

If your order is completed, but you have not received the funds, please contact technical support. We can help you quickly.

Lightning Network Speed

Since transactions on the Lightning Network do not end up on the blockchain, they are almost instantaneous. But if one of the intermediate nodes is off the network, the transaction may be delayed.

exchange in 3 easy steps

  1. Enter the desired amount of Ethereum and write your wallet address to receive currency.
  2. Click the “Exchange now” button and you will be taken inside your order.
  3. Send Ethereum to the address from your order, after the required network confirmation, Bitcoin (Lightning) will be sent instantly.

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