Question 1

What makes cryptocurrency exchange rates different from fiat rates?

Accepted Answer

Cryptocurrency exchange rates are typically more volatile than fiat currencies due to 24/7 trading, smaller market size, and higher speculation. Crypto rates can change rapidly and may vary significantly between different exchanges.

Question 2

Why do cryptocurrency prices vary between different exchanges?

Accepted Answer

Cryptocurrency prices can vary between exchanges due to differences in trading volume, liquidity, geographic location, and trading fees. Our rates represent an average from multiple sources to provide the most accurate market rate.

Question 3

Are stablecoins like USDT really stable?

Accepted Answer

Stablecoins like USDT (Tether) and USDC are designed to maintain a stable value relative to a reference asset (usually USD). While they are generally stable, they can still fluctuate slightly due to market demand and supply factors.

Question 4

How do you determine which cryptocurrencies to include?

Accepted Answer

We include cryptocurrencies based on market capitalization, trading volume, and user demand. We focus on the most established and widely-traded cryptocurrencies to ensure accuracy and relevance.

Question 5

How accurate are the exchange rates shown?

Accepted Answer

Our exchange rates are updated in real-time using multiple reliable financial data sources. The rates shown are mid-market rates, which represent the true exchange rate between currencies. However, please note that banks and money transfer services may offer different rates due to their fees and margins.

Question 6

How often are the exchange rates updated?

Accepted Answer

Exchange rates are updated every minute during market hours for major currency pairs, and every few minutes for less commonly traded currencies. Cryptocurrency rates are updated continuously as crypto markets operate 24/7.

Question 7

Can I convert cryptocurrencies to fiat currencies?

Accepted Answer

Yes, our currency converter supports conversions between cryptocurrencies and traditional fiat currencies. You can convert popular cryptocurrencies like Bitcoin, Ethereum, and others to major currencies like USD, EUR, GBP, and more.

Question 8

Do you charge any fees for using the currency converter?

Accepted Answer

No, our currency converter is completely free to use. We do not charge any fees for conversions or accessing exchange rate information. However, if you use the rates for actual money transfers, your bank or money transfer service may charge their own fees.

Question 9

Which currencies and cryptocurrencies do you support?

Accepted Answer

We support over 180 fiat currencies from around the world and the top 50+ cryptocurrencies by market capitalization. This includes all major currencies like USD, EUR, GBP, JPY, and popular cryptocurrencies like Bitcoin, Ethereum, and Tether.

Question 10

Can I see historical exchange rates?

Accepted Answer

Yes, we provide historical exchange rate data for most currency pairs. You can view rate trends, charts, and historical performance to help you understand currency movements over time.

Question 11

Is this tool suitable for business use?

Accepted Answer

Our currency converter provides accurate reference rates that can be useful for businesses. However, for official business transactions, we recommend consulting with your bank or financial institution for their current exchange rates and any applicable fees.

Question 12

How do you calculate cross-currency rates?

Accepted Answer

For currency pairs that are not directly traded, we calculate cross rates using USD as the base currency. For example, to get EUR to JPY, we use EUR/USD and USD/JPY rates to calculate the cross rate automatically.

Currency	Code	Rate (1 USD)	24h Change	Inverse Rate
Bitcoin	BTC	₿0.000023	+2.45%	43,478.2609
Ξ Ethereum	ETH	Ξ0.00041	-1.22%	2,439.0244
₮ Tether	USDT	₮1.001	+0.02%	0.999001
B Binance Coin	BNB	BNB0.0031	+1.85%	322.5806
₿ Ripple	XRP	XRP1.85	-0.65%	0.54054054
₿ Cardano	ADA	ADA2.15	+0.95%	0.46511628
₿ Solana	SOL	SOL0.0085	+3.22%	117.6471
₿ Dogecoin	DOGE	Ð12.50	-2.15%	0.0800

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