If I have two currencies that users may use is it possible to set an exchange rate between the two i.e. 1 unit of currency A buys 1.2 units of currency B?
Regards
Gary
Currency Exchange Rates
Moderators: hugo, alexandre, rmvanarkel
Re: Currency Exchange Rates
HI,
Sure its possible.
You can set a transaction fee on the transfer type that pay from one currency to another.
Have a look on the admin manual.
https://communities.cyclos.org/content/ ... nsfer_fees
Regards
Sure its possible.
You can set a transaction fee on the transfer type that pay from one currency to another.
Have a look on the admin manual.
https://communities.cyclos.org/content/ ... nsfer_fees
Regards
Alexandre Caurrinhos
Cyclos development team.
Cyclos development team.
-
- Posts: 578
- Joined: Mon Jan 30, 2012 8:12 am
- Contact:
Re: Currency Exchange Rates
Hi Alexandre,
we were testing this and there is a limitation of the fee percentage to 999,9999% that is 10 times more than the amount in the original currency. When you take for example the Faircoin, 1 EUR=60 FAIR so is not possible to reach that percentage. Another example would be BTC into EUR or JPY into USD...
Is it possible to get rid of this limitation?
we were testing this and there is a limitation of the fee percentage to 999,9999% that is 10 times more than the amount in the original currency. When you take for example the Faircoin, 1 EUR=60 FAIR so is not possible to reach that percentage. Another example would be BTC into EUR or JPY into USD...
Is it possible to get rid of this limitation?
cycloshost.com
Cyclos administration and hosting
Cyclos administration and hosting
Re: Currency Exchange Rates
OK,
It will be improved to 99999,9999% on the next version
Regards
It will be improved to 99999,9999% on the next version
Regards
Alexandre Caurrinhos
Cyclos development team.
Cyclos development team.
Re: Currency Exchange Rates
Hello!
Please tell me how I can combine my Network in the Cyclos with other payment systems from the Cyclos, for cooperation and exchange currencies?
Please leave a link where in the portal this function?
Thank you!
Please tell me how I can combine my Network in the Cyclos with other payment systems from the Cyclos, for cooperation and exchange currencies?
Please leave a link where in the portal this function?
Thank you!
Re: Currency Exchange Rates
How can one update the transaction fee on the fly in realtime to match an exchange rate (USD->YEN for example)? Would it be possible to do that in the upgraded community version?
Re: Currency Exchange Rates
HI,
It is only possible using a custom script and a extension point for the fee calculation. But at communities instance it's not possible to use scripts.
regards
It is only possible using a custom script and a extension point for the fee calculation. But at communities instance it's not possible to use scripts.
regards
Alexandre Caurrinhos
Cyclos development team.
Cyclos development team.
-
- Posts: 45
- Joined: Wed Nov 17, 2010 7:55 am
Re: Currency Exchange Rates
Hi Alexandre
I am looking to including this capability to perform currency coversion in my network. What feature should I use to create this custom script on cyclos 4?
Thanks
I am looking to including this capability to perform currency coversion in my network. What feature should I use to create this custom script on cyclos 4?
Thanks