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What is inverse rate

The exchange rate is also known as the token exchange rate or rate. This is the exchange rate between two currencies/tokens. This is the conversion of the price of one token into another token. Or more specifically, the amount of token needed to buy 1 unit of another token.

The inverse rate is the opposite ratio of the exchange rate.

For example,

  • Rate [a]: 1 ETH = 10,674 C98

  • Inverse rate [b]: 1 C98 = 0.0001 ETH

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