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Will i lose money in currency exchange? (3)

01-25-2016 03:17 PM #1 seanryan (Member)
Will i lose money in currency exchange?

Hi guys, I understand most people would be in the US, i am from Australia and the dollar is horrible right now.

I am wandering if when you deposit money into a network like go2mobi or any other for that matter, is there a specific currency they use that would force me to lose money when they exchange it to USD for example?

01-25-2016 04:03 PM #2 cmdeal (Veteran Member)

Quote Originally Posted by seanryan View Post
Hi guys, I understand most people would be in the US, i am from Australia and the dollar is horrible right now.

I am wandering if when you deposit money into a network like go2mobi or any other for that matter, is there a specific currency they use that would force me to lose money when they exchange it to USD for example?
Not sure I understand your question 100%.

Unless your traffic channel accepts Aussie dollars, yes, you will "lose" on the exchange rate.

01-25-2016 11:14 PM #3 bobliu (Member)

Yes, it's just the way it works, when dealing with xxx,xxx regularly you lose thousands on currency rates. About 2-3%. It all adds up. Try and open local accounts in that currency when you get into that range.

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