# Market rate at credit

> The market rate at credit is the exchange rate applied when a confirmed crypto deposit is converted into the USD balance; from that moment the balance is fixed in dollars and no longer follows the coin's price.

A gateway that prices in dollars needs a moment to fix the value of a deposit. The fair moment is confirmation: the rate displayed at that instant converts the coin amount into dollars, once. After that, the coin can rise or fall without changing what the balance buys, which is what a business wants from a budget.

The alternative, holding balances in the coin, makes every campaign cost unpredictable.

At SMSMeteor: deposits are converted at the displayed market rate at confirmation and held in USD; the rate card is in USD too, so a balance of 250 buys exactly what the calculator shows.

Related terms: [Prepaid balance](https://smsmeteor.com/glossary/prepaid-balance), [Stablecoin (USDT)](https://smsmeteor.com/glossary/stablecoin), [Network confirmation](https://smsmeteor.com/glossary/network-confirmation)

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Source: https://smsmeteor.com/glossary/market-rate-at-credit (HTML). Generated by SMSMeteor from the same data as the page. Summary of the whole site: https://smsmeteor.com/llms.txt