How does Revolut calculate the exchange rate for digital currencies on weekends?

3 answers

• Nov 28, 2021 · 3 years ago
  Revolut calculates the exchange rate for digital currencies on weekends using the same method as during weekdays. They take into account the current market rates and liquidity to determine the exchange rate. However, it's important to note that the exchange rate may fluctuate more on weekends due to lower trading volumes and market volatility. So, while Revolut aims to provide accurate rates, the actual rate you get may vary slightly from the rate displayed on their platform.
  480240
• Nov 28, 2021 · 3 years ago
  When it comes to calculating the exchange rate for digital currencies on weekends, Revolut follows a similar approach as during weekdays. They consider factors such as market liquidity, trading volumes, and the rates from various exchanges to determine the exchange rate. However, it's worth mentioning that the cryptocurrency market operates 24/7, and the rates can be more volatile during weekends. This means that the exchange rate you see on Revolut may not always reflect the exact rate at the moment of your transaction.
  526176
• Nov 28, 2021 · 3 years ago
  Revolut calculates the exchange rate for digital currencies on weekends using a combination of real-time market data and their own algorithms. They take into account factors such as liquidity, trading volumes, and the rates from different exchanges to determine the most accurate rate. However, it's important to remember that the cryptocurrency market is highly volatile, especially during weekends when trading volumes are lower. This means that the exchange rate you see on Revolut may not always match the rate at the exact moment of your transaction. It's always a good idea to double-check the rate before making any transactions.
  636159