Your holding currency is the currency in which your payments will be held once received.
You can select from the following options:
- Payment Currency hold payment in the form it was received (use this option for USDC and DAI).
- USD (USDC and DAI count as a swap and be converted to USD upon receipt)
Currently, you can receive payments in BTC, ETH, USDC, or DAI.
A swap occurs whenever your incoming or outgoing funds are in a different currency than your holding currency. A 1% fee (minimums apply) is charged for each swap. (Visit this doc for withdrawal fees and minimums)