Cryptocurrency Q&A
Does wise use a real exchange rate?
Does wise use a real exchange rate?
Enrico
Wed Jan 15 2025
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7
answers
1701
I'm curious about Wise's exchange rate policy. I want to know if they use a real, live exchange rate for their currency conversions or if they apply any additional fees or margins on top of it.
7 answers
GinsengBoostPower
Fri Jan 17 2025
In addition to using the real exchange rate, WISE maintains low foreign transaction fees.
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Caterina
Fri Jan 17 2025
Their fees are typically 30-50% of what a bank card would charge.
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DigitalCoinDreamer
Fri Jan 17 2025
WISE employs the REAL exchange rate, also known as the mid-market rate.
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VoyagerSoul
Fri Jan 17 2025
This low-fee structure applies to various types of transactions.
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DreamlitGlory
Fri Jan 17 2025
This practice ensures customers receive a fair and accurate conversion rate.
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