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I think this is fantastic! there’s a lot of pessimism here about people kind of assuming you’re taking it out of the spread. Sounds like that’s not happening, a
by throwthere 5y ago
I think this is fantastic! there’s a lot of pessimism here about people kind of assuming you’re taking it out of the spread. Sounds like that’s not happening, and for people who actually use these services they’re going to compare the end amount of final currency among services anyway— which you show front and center. So it almost doesn’t matter what people are saying here but I wonder if there’s a way you can be more transparent about the “live rate.”
Why are other services so expensive?
- wdaareg 5y agoOther services are expensive, because they try to serve everyone - they are basically cross subsidizing between their customers that make them all of their money (by moving larger amounts), who end up paying for their customers who move small amounts. On average, this doesn't seem like a big deal, but it ends up being expensive for the folks who move most of the money.