We are lowering our conversion markups.
At Babb, our commitment to delivering the best possible experience for our users is ongoing. We are excited to announce the latest update to the Babb app that further enhances our currency conversion services. 🙌
We’ve made improvements to our margin structure across different conversion types:
1. Crypto Conversions: Now, you can convert between crypto pairs like ETH to BAX, BTC to BAX, and more with 0% fees. Meanwhile, the maximum exchange rate markup has been lowered from 3.99% to 1.99%.
2. CurrencyX Conversions (Upcoming feature): When converting currencies such as GBPx to USDx, we’ve significantly lowered the maximum exchange rate markup from 2.99% to 1.49%, making it more beneficial to move between CurrencyX and cryptocurrency assets.
3. Hybrid Conversions: Whether converting GBPx to BAX or BAX to ETH, these transactions will also benefit from improved spreads, with the maximum exchange rate markup lowered from 3.99% to 1.99% applicable based on market volatility.
Find out more about our fees 💰
These updates reflect our dedication to refining the Babb app, ensuring that every user enjoys seamless, cost-effective conversions whether dealing with crypto, fiat, or hybrid transactions. As the financial landscape evolves, so does our platform — continuously adapting to provide you with the tools needed to navigate the world of digital finance confidently.
If you haven’t downloaded the BABB app, you can do so here:
Stay tuned as we continue to enhance our services, always putting your needs first. Your journey with BABB should be smooth and rewarding, and we’re here to make sure of that.
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