Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Lykke - a global marketplace
by
KEVORK
on 10/10/2016, 06:11:38 UTC
I haven't exactly understood how the mechanism functions:
if I want to convert 1000 EUR to USD, do I have to first deposit the EUR, then buy LKK and after convert LKK to USD, or can I directly convert the two currencies without intermediary steps?

There was a similar question on the telegram channel (it's open for everybody: https://telegram.me/joinchat/AEGiqkF-_dNaHMwQbRSnAg)


Answer is that it will be that way (first convert to LKK) until Lykke is fully regulated.

Ok, then there is the possibility that the lkk/eur or lkk/usd exchange rate can vary during operation, impacting positively or negatively the final conversion, right?