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How does Zengo calculate local currency values?
How does Zengo calculate local currency values?
Ouriel Ohayon avatar
Written by Ouriel Ohayon
Updated over a week ago

We use a market-weighted average that incorporates dozens of international exchanges. It's important to remember when sending cryptocurrency that any local currency value is an estimate and constantly changing. On Zengo, we allow you to enter amounts in your local currency, but that is just a reflection of the current local currency value of the crypto asset you're sending. You're not actually sending local currency.

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