Our initial deployment will provide Euro, US Dollar, British Pound, and Swiss Franc availability to your account.
These currencies can be deposited, withdrawn, and also exchanged between each other at cheap market rates.
On weekdays, fees are a small 0.25%.
On weekends, however, the fee is 3.25% - to account for the foreign-exchange risk, as the FX market closes during the weekends. (stupid traditional finance)
We're looking to reduce the fees by building up buffers, utilizing bulk orders, and hedging risk.
Eventually, up to 34 different currencies will be available.