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Does Bankrate use Oanda rates?

Bankrate’s currency converter uses OANDA Rates™ which have been compiled from leading market data and are trusted by worldwide corporations and authorities. If you're not careful, currency conversion fees can cost more than you expect. To get the best bang for your U.S. dollar abroad, update your knowledge of currency exchange.

Is Oanda a good money transfer service?

Fast, secure money transfers with providers you can trust. We offer competitive fees for individual and corporate transfers. "The OANDA team was quick to respond to questions we had, provided test API keys, and has been very responsive to the items and questions we had around the subscription agreement."

What is a historical currency converter?

Our Historical Currency Converter is an easy to use, cloud-based solution and requires no installation, while being accessible from anywhere. OANDA Rates® are calculated daily (Monday through Friday) and represent the previous 24 hour period aligned to UTC-midnight (8:00 PM Eastern Time).

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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