Crypto Currencies

Cryptocurrencies are distinct from fiat currencies due to their high volatility, granular fractional values, and dynamic, decentralized market structure, making unique technical integration considerations vital.

1. Fractional Representation (Satoshi Units)

Cryptocurrencies do not use cents but support extremely granular fractional values. To ensure accuracy and avoid rounding errors in processing, it is best practice to handle cryptocurrency amounts using the smallest unit (e.g., Satoshi for Bitcoin).

Satoshi (Smallest Unit)Bitcoin (BTC) Value
10.00000001
1000.000001
10,0000.0001
1,000,0000.01
100,000,0001

2. Market Volatility

Cryptocurrency exchange rates are highly volatile. Assets like Bitcoin (BTC) or Ethereum (ETH) can fluctuate significantly within short timeframes.

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Key Impact: The final fiat equivalent of a transaction may differ by 2–5% between the moment the transaction is initiated and the moment it is confirmed. Systems must account for these large potential discrepancies.


3. Cryptocurrency Options & Market Dynamics

Unlike government-issued fiat currencies, the crypto market is dynamic, with assets frequently emerging or becoming obsolete.

  • Adaptability: Since new crypto assets are constantly being introduced, integration systems should be designed to support a non-fixed list of currencies and remain adaptable to market changes over time.

Supported Cryptocurrencies

Below is the list of cryptocurrencies currently supported by the platform.

Currency NameSymbolFraction (Smallest Unit)
BitcoinBTC100,000,000
Bitcoin (ISO standard)XBT100,000,000
EthereumETH100,000,000
LitecoinLTC100,000,000
Bitcoin CashBCH100,000,000
CardanoADA100,000,000
DASHDASH100,000,000
DogecoinDOGE100,000,000
XRPXRP100,000,000
ZcashZEC100,000,000
MoneroXMR100,000,000
SolanaSOL100,000,000
TRONTRX100,000,000
The Open NetworkTON100,000,000
Pax DollarUSDP100,000,000
TrueUSDTUSD100,000,000
USD CoinUSDC100,000,000
TetherUSDT100,000,000