Docs 0xProcessing
  • 💡Basic
    • General
      • Terms and definitions
      • Available assets
      • Transaction Fees
    • Introduction guide
      • Deposit flow
      • Payment form
      • Withdrawal flow
      • VRCS - automatic conversion to stablecoins
      • Webhooks flow
      • Web3 processing
      • 0xProcessing use cases
  • 🔑0xProcessing API
    • Obtaining API Keys
    • Deposits
      • Payment form with fixed amount
      • Payment without fixed amount
      • Static wallet
    • Withdrawals
      • Withdrawal by client
      • Check withdrawal status by Withdrawal ID
    • Webhooks
      • Payment form with fixed amount
      • Payment without fixed amount
      • Static wallet
      • Withdrawals
    • Informational Commands
      • Request for balances
      • Coin info
    • Crypto or Fiat Equivalent
      • Fiat currency conversion
      • Conversion of fiat currencies into cryptocurrency
      • Conversion of cryptocurrencies into fiat currencies
      • List of supported fiat currencies for conversion
    • Errors
  • âš¡Web3 processing API
    • Introduction
    • Web3 pool API
  • 🚀Quick start
    • Account registration
    • API set up
    • Setting up Webhooks
    • Payment confirmation
    • Managing withdrawals
    • Create a Manager role
    • Currency management
    • VRCS setup
    • Balance management
    • Transactions and address tracking
    • Notifications
    • Account security
    • Match Crypto Wallet Addresses
  • 🔄FAQ
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  1. Quick start

VRCS setup

Set up VRCS for automatic stablecoin conversions in your gateway, providing a stable and reliable solution for crypto transactions.

PreviousCurrency managementNextBalance management

Last updated 7 months ago

To avoid cryptocurrency volatility, 0xProcessing has a feature of automatic conversion to stablecoins. When a merchant's client pays for one of the currencies with VRCS feature enabled, the received funds are automatically converted into one of the stablecoins supported by 0xProcessing.

Cryptocurrencies with available VRCS function:

BTC, DASH, DOGE, ETH, LTC, XRP, TRX, BNB, ETH (BEP20), ADA (BEP20), AVAX, MATIC, ETH (ARB1), BCH

The minimum amount for conversion is 10 USD. If the amount received is less, the conversion will be completed after receipt of additional funds.

Stablecoins to which conversion takes place:

USDT (ERC20, TRC20, BEP20)

1. Activate VRCS

You can activate your Volatility Risk Control System through the technical support service or inside the platform by filling out the form ( menu Settings/ Currency management/ Enable VRCS).

As long as your VRCS is not activated, you are not insured against losing money due to the volatility of cryptocurrencies.

  1. Set VRCS parameters

Section for setting minimum withdrawal amount to be reached in VRCS before processing to the merchant balance. Merchant\Currency managment

The minimum amount of conversion from VRCS balance to Merchant's balance is 100 USDT. This limit is set in the Merchant account settings and as soon as this limit is reached the funds are transferred from VRCS balance to the main balance in the selected stablecoin.

Section to select in which stablecoin to hedge selected cryptocurrencies to avoid volatility risk.

  1. Switch currencies

Enable and disable the function for each currency separately.

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