How does Revolut calculate the exchange rate for cryptocurrencies?

3 answers

• Dec 17, 2021 · 3 years ago
  Revolut calculates the exchange rate for cryptocurrencies based on a variety of factors. These include the current market price on major exchanges, liquidity, trading volume, and volatility. They also take into account any fees or commissions associated with the transaction. By considering these factors, Revolut aims to provide users with a fair and competitive exchange rate.
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• Dec 17, 2021 · 3 years ago
  When it comes to calculating the exchange rate for cryptocurrencies, Revolut takes a data-driven approach. They analyze real-time market data from various sources to determine the most accurate rate. This ensures that users get the best possible rate when buying or selling cryptocurrencies on the platform.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, we follow a similar approach to Revolut in calculating exchange rates for cryptocurrencies. We consider factors such as market prices, liquidity, and trading volume to determine the rate. Our goal is to provide users with a transparent and reliable exchange rate that reflects the current market conditions.
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