What Does the 'Estimated GBP' Figure Mean?
Understanding the 'Estimated GBP' value displayed in your currency wallets
The 'Estimated GBP' figure displayed below the balance of each currency wallet in the Yeeld app provides a real-time approximation of your currency balance converted into British Pounds (GBP). This value is calculated using the live spot exchange rate at the time of viewing.
How Is It Calculated?
The 'Estimated GBP' amount is based on the current market rate, which fluctuates in real-time according to market conditions. This conversion rate ensures that you have an up-to-date estimate of the value of your funds in GBP.
Important Note:
The 'Estimated GBP' figure is only an indication and may change frequently due to fluctuating exchange rates. It is meant to provide an approximate value and may differ slightly from the amount you receive if you exchange the currency.
Yeeld provides this estimate to help you easily understand the value of your currency wallet balances in GBP, but it should not be considered a guaranteed conversion amount.