Step 1:Users of the Monx app will list the cash range in their currency (USD) that they want to change and select the currency (EUR) which they desire
Step 2:The user will be alerted of the live mid-market currency exchange rate and the exact rate for the amount they specify
Step 3: Upon matching confirming the rate and amount, both users with the opposite request (EUR) to (USD) in the same cash range get alerted and match with each other
Step 4:Once both parties agree the app suggests a convenient place to meet to exchange based on their current location
Step 5: Users exchange the funds with each other and leave a rating or review of the matched user and overall experience