Send Request Overview

This service enables you to send cryptocurrency payments to third-party beneficiaries in a compliant manner, either through the dashboard or via the API. Payments can be sent in the original currency or converted to another currency for an additional exchange fee.

Use Cases

1. Sending the same currency with no conversion
   1. The beneficiary has a payout setting in USDC.
   2. Your ledger account balance is also in USDC.
   3. You want to send 100 USDC to the beneficiary.
   4. Result: 100 USDC is deducted from your ledger account without any conversion.
2. Sending a different input currency, but the beneficiary receives USDC
   1. The beneficiary has a payout setting in USDC.
   2. Your ledger account balance is in USDC.
   3. You want to send 100 EUR to the beneficiary.
   4. Result: 100 EUR is converted to USDC, and the equivalent USDC amount is sent to the beneficiary. The corresponding USDC amount is deducted from your ledger account.
3. Sending a different input currency, with both conversion and ledger deduction in a different currency
   1. The beneficiary has a payout setting in BTC.
   2. Your ledger account balance is in USDC.
   3. You want to send 100 EUR to the beneficiary.
   4. Result: 100 EUR is converted to BTC for the beneficiary. Then, the equivalent BTC amount is converted to USDC, and the corresponding USDC amount is deducted from your ledger account.