How Currency Conversion Works

Learn how currency conversion works when you withdraw your earnings from USD to another currency.

All earnings on Lifted are held in USD. If your withdrawal method uses a different currency, your funds will be converted during the transfer.

When currency conversion happens

Currency conversion happens when your withdrawal method uses a currency other than USD.

For example, if your bank account is in EUR, GBP, or another currency, your USD earnings will be converted before they’re deposited.

How exchange rates are set

Currency conversions are handled by payment providers.

These providers set the exchange rate used for your transfer. The rate may include a small markup to cover processing and transfer costs.

Why rates may differ from what you see online

If you search for exchange rates online, you’ll usually see a “mid-market rate.”

This is a benchmark rate used between banks. It doesn’t include fees or real-world processing costs.

Because of this, the rate used for your withdrawal may be slightly different from what you see on financial websites.