Conversions

Conversions allow your users to exchange cryptocurrency for fiat currency, with funds settled directly to a registered bank account.

The process involves two steps:

  1. Request a quote to get the current exchange rate.
  2. Create an order to lock it in and initiate the conversion: orders lock the quoted rate for up to 5 hours. each order requires a:
    1. Source wallet: the wallet whose address will be shown to your end user to receive the crypto deposit
    2. Verified bank account registered in your account.

Once the deposit is received, Waltrex process the conversion.

Sandbox Testing

Crypto-to-fiat conversions should be tested using your sandbox credentials and sandbox wallet addresses.

Supported Markets

Source Currencies

Coin FromChain From SymbolNetwork
USDTTRXTRON
USDTETHEthereum
USDCETHEthereum
USDCPolPolygon

Destination Currencies

Coin ToFiat Rails
MXNSPEI
EURSEPA
📘

Note

Additional currency pairs are being added regularly. Contact support for the latest coverage information.