Cryptocurrency Q&A What exchange rate does Xoom use?

What exchange rate does Xoom use?

CryptoTamer CryptoTamer Fri Dec 13 2024 | 7 answers 1798
I'm trying to understand the exchange rate that Xoom utilizes. Could someone please explain or provide details on the rate they apply for currency conversions? What exchange rate does Xoom use?

7 answers

SolitudeSeeker SolitudeSeeker Sun Dec 15 2024
Instead of manipulating the rate, Xoom adopts a transparent approach.

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Maria Maria Sun Dec 15 2024
Xoom utilizes the real-time mid-market exchange rate when you execute your payment transaction.

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CosmicWave CosmicWave Sun Dec 15 2024
This process ensures that no additional markup or margin is imposed on the exchange rate.

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Martina Martina Sat Dec 14 2024
The variable markup is influenced by factors such as the currencies involved and the current market conditions.

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Alessandra Alessandra Sat Dec 14 2024
To determine the USD to INR exchange rate, Xoom adopts a two-step method.

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