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Settlement currency

What crypto means by it

The currency an account actually keeps score in. Everything you spend in another currency gets converted back into it, and that conversion is where fees hide.

What you already know this as

Your account's base currency. A dollar account that pays for a meal in baht converts at the card network's rate, plus whatever the bank adds.

In Kite: Ours is US dollars. Dollar spends carry no added fee and everything else is a flat 1.8%.

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