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Questions tagged [mid-market exchange rate]

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SkylitEnchantment SkylitEnchantment Thu Aug 08 2024 | 5 answers 990

What is a mid-market exchange rate?

Could you please explain to me what a mid-market exchange rate is? I've heard the term mentioned in relation to cryptocurrency transactions, but I'm not entirely sure what it entails. Is it the average rate at which different currencies are exchanged, or is there more to it than that? I'd appreciate any clarification you could provide.

What is a mid-market exchange rate?

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