In fact, the platform usually imposes a margin on the exchange rate.
This means that the rate at which the currency is converted when the transaction is made is always lower than the prevailing market rate at that time.
This margin becomes the real hidden fees that the user pays when making the conversion. In other words,
when you thought all of that was yours, they take a slice of your delicious birthday cake.
💸 So, even if the "zero fees" message may seem tempting, it is essential to be aware that platforms profit from this difference in exchange rates,
which may result in additional costs for the user.
😫 This is why sometimes we think we are getting a good deal and then realize that we actually end up with the same capital or even incur losses.
👀 Monitoring the real exchange rate when making the transaction is crucial so that we can make a good decision.