A rate represents the raw exchange rate at a specific time for a rate pair. The rates of rate pairs are updated every 10 minutes and the latest one is used when displaying values in the wallet in a user’s set display currency Rates are a snapshot of what a rate pair was worth at a specific time.
What is a rate?
Understand how Rehive's app displays customers' wallet balances in other currencies.
Written by Samantha de Melo