How does Revolut Business calculate exchange rates for digital currencies?

3 answers

• salty_hashtagJul 27, 2021 · 4 years ago
  Revolut Business calculates exchange rates for digital currencies using a combination of real-time market data and their own proprietary algorithms. They take into account factors such as liquidity, trading volume, and volatility to determine the most accurate rates. This ensures that their customers get the best possible rates for their digital currency transactions.
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• rahul solankiOct 16, 2023 · 2 years ago
  When it comes to calculating exchange rates for digital currencies, Revolut Business employs advanced technology and data analysis. They monitor multiple cryptocurrency exchanges and aggregate the data to provide real-time rates. Their algorithms consider various factors, including market demand, supply, and liquidity, to calculate accurate exchange rates. This allows businesses to make informed decisions when dealing with digital currencies.
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• McGuire ChristieOct 23, 2022 · 3 years ago
  Revolut Business, a leading digital currency exchange, calculates exchange rates for digital currencies by leveraging their extensive network of liquidity providers. They have established partnerships with major exchanges and market makers, allowing them to access competitive rates. This ensures that businesses using Revolut Business can enjoy competitive exchange rates and minimize their transaction costs. Additionally, Revolut Business regularly updates their algorithms to adapt to market conditions and provide the most accurate rates to their customers.
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