Setup Currency

The Setup Currency section allows the admin to configure the currencies used throughout the Crypex system. These currencies are applied to pricing, payments, transactions, and user balances.

The admin can define exchange rates, set a default currency, and control which currencies are optional for users.

Currency List Overview

On this page, the admin can view all configured currencies with the following information:

Name | Code

Currency name and ISO currency code. (Example: United States – USD)

Symbol

Currency symbol displayed in the system.

Type | Rate

Currency type (FIAT or CRYPTO) and exchange rate.

Role Configuration

Defines how the currency can be used:

  • Sender
  • Receiver
  • Both

Note: The Default currency is highlighted and used as the base currency for the system.

Edit / Configure Currency

To configure or update a currency, click the Edit icon next to the currency.

Currency Configuration Fields

Country FlagUpload or select the country flag associated with the currency. Displayed in lists and selection areas.
TypeFIAT: Traditional currencies (USD, EUR, etc.) | CRYPTO: Digital currencies (if supported).
CountrySelect the country associated with the currency.
NameEnter the full currency name.
CodeEnter the currency code (ISO Standard).
SymbolEnter the currency symbol (e.g., $, €).
RateSet the exchange rate based on the system base currency.

After completing the configuration, click Update to save changes or Cancel to discard them.

Live Currency Update (CurrencyLayer Integration)

Crypex supports live currency rate updates using the CurrencyLayer API. This allows the system to automatically fetch real-time exchange rates and update existing currencies without manual input.

Step 1: Navigate to Live Currency Settings

Admin Panel → Settings → Currency → Live Currency Update. Select CurrencyLayer.

Step 2: Enter API Configuration Details

  • Access Key: Enter your CurrencyLayer API access key.
  • Base URL: http://api.currencylayer.com/
  • Multiply By Value: Define a multiplier for precision or business adjustments.

Step 3 & 4: Save & Sync

Click Save, then click Send API Request to fetch latest rates and update all active currencies automatically.

Important Notes

  • • At least one currency must be set as Default.
  • • Only one primary currency active at a time.
  • • Exchange rates should be reviewed regularly.
  • • Internet access is required for live updates.

Common Mistakes to Avoid

  • • Selecting wrong country symbols.
  • • Incorrect currency setup affecting pricing.
  • • Entering incorrect API base URLs.
  • • Forgetting to click Update after changes.