1.4 Financial Markets

In CoinRepublik there are three types of coins in circulation: USD, cryptocurrencies, and national currencies. Both USD and national currencies can be deposited or withdrawn. National currencies circulate only within the game and can be bought or sold for USD through the financial market.

For each country there is a national currency, except for countries that share the same currency like the EURO. For each currency there is a different financial market and a different exchange rate against the USD.

How It Works

The purpose of the financial market is to allow players to trade quickly between the real USD and the national currencies or vice versa. On the financial market you can sell real USD for any national currency or you can buy real USD with national currencies.

The financial market is what we call an automatic market. In an automatic market, the price increases/decreases automatically after each transaction. For every USD bought, the price increases by 0.01 and for every USD sold, the price decreases by 0.01.

Transactions on the financial market involve a fee of 1%. When you buy USD, you will pay the fee to the game fund. When you sell USD, you will pay the tax to the state budget.