VRCS setup

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.

2. 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.

3. Switch currencies

Enable and disable the function for each currency separately.