How do you calculate your exchange rates?
Bidali sets the fair cypto-asset value for fiat-denominated prepaid products by applying a complex proprietary pricing algorithm that considers market prices and various risk factors, including currency volatility, market depth, and confirmation times, across multiple global exchanges. The exchange rate varies per Fiat/Crypto currency pairing based on these factors. This ensures you get a fair rate and we don't lose money on every transaction and continue to provide this service.
We pride ourselves in our ability to provide some of the best exchange rates in the world. 🙂
All exchange rates "locked in" for 15 minutes. This ensures that you (the customer) are getting a fair rate and know exactly how much cryptocurrency is required to cover the cost of your order.