Quote
Currency Pair
The Currency Pair is a fundamental concept in the FX API, representing the trade's currencies. It specifies the direction of the trade and determines the pay and receive amounts involved in an Order.
Supported Currencies: The API currently accepts Brazilian Real (BRL
), United States Dollar (USD
), and Euro (EUR
). We're continuously enhancing our offerings and will soon extend our support to include cryptocurrencies such as Tether (USDT
) and Bitcoin (BTC
).
Trade Direction: The Currency Pair notation (BRL_USD
, USD_BRL
, BRL_AUD
, BRL_CAD
, BRL_EUR
, EUR_BRL
, AUD_BRL
, CAD_BRL
) illustrates the buying and selling direction. For example:
BRL_USD
indicates buyingUSD
while sellingBRL
.EUR_BRL
signifies buyingBRL
while sellingEUR
.
Pay and Receive Amounts: The Currency Pair also sets the framework for pay and receive amounts in an Order:
- In a
BRL_EUR
transaction, the payment is made inBRL
, and the receiving amount is inEUR
. - Conversely,
EUR_BRL
transactions will involve payment inEUR
and receiving amounts inBRL
.
Currently, we only support pairs with Brazilian Real (BRL
).
Quote
A Quote reflects the current spot price of a currency pair. The API enables users to lock in a quote for a designated period, allowing them to execute buy or sell orders at a price determined just seconds earlier.
For detailed instructions on how to lock a quote, please visit Quote Locking
Updated 3 months ago