Exchange Direction Create

Overview #

The Add Exchange Direction page allows administrators to define the exchange rules between two different currencies. This setup enables users to exchange one currency for another based on specified rates and conditions.

Navigation #

1. Access the Exchange Direction:
   • From the admin dashboard, navigate to the Exchange Direction section.
   • Click on Add Exchange Direction to create a new exchange rule.

Prerequisite #

• Ensure that there are at least 2 currencies available in the currency list.

Form Fields and Descriptions #

1. User Send:
   • Description: Select the currency that the user will send for the exchange.
   • Requirement: Required.
2. Exchange From Rate:
   • Description: The rate at which the currency will be exchanged from the user’s sending currency.
   • Requirement: Required.
3. User Receive:
   • Description: Select the currency that the user will receive after the exchange.
   • Requirement: Required.
4. Exchange To Rate:
   • Description: The rate at which the currency will be exchanged to the user’s receiving currency.
   • Requirement: Required.
5. Minimum Send Amount:
   • Description: The minimum amount the user must send for the exchange to be valid.
   • Requirement: Required.
6. Maximum Send Amount:
   • Description: The maximum amount that can be exchanged in a single transaction.
   • Requirement: Required.
7. Allow Affiliate Commission:
   • Description: Option to allow an affiliate commission. If selected, a percentage of the commission will be given to the user.
   • Options: Yes/No.
   • Requirement: Required.
8. Status:
   • Description: Set the status of the exchange direction to active or inactive.
   • Options: Active/Inactive.
   • Requirement: Required.
9. Auto Rate:
   • Description: Automatically apply the exchange rate, updated every hour.
   • Options: Yes/No.
   • Requirement: Optional.
10. Auto Rate Profit:
    • Description: Add a percentage or fixed profit to the auto rate. This will be added to the exchange rate.
    • Requirement: Required if Auto Rate is Yes.

Usage Instructions #

Step-by-Step Instructions #

1. Navigate to Add Exchange Direction:
   • From the admin dashboard, go to Exchange Direction.
   • Click on Add Exchange Direction to access the form.
2. Fill in the Form Fields:
   • User Send: Select the currency the user will send.
   • Exchange From Rate: Enter the rate for the sending currency.
   • User Receive: Select the currency the user will receive.
   • Exchange To Rate: Enter the rate for the receiving currency.
   • Minimum Send Amount: Enter the minimum send amount.
   • Maximum Send Amount: Enter the maximum send amount.
   • Allow Affiliate Commission: Select Yes or No to allow affiliate commission.
   • Status: Set the status to Active or Inactive.
   • Auto Rate: Select Yes or No for automatic rate updates.
   • Auto Rate Profit: If Auto Rate is Yes, enter the profit percentage or fixed amount.
3. Save the Exchange Direction:
   • After filling in all the required fields, click the Save button to create the new exchange direction.

Conclusion #

Adding an exchange direction enables users to convert between different currencies based on predefined rates and conditions. By following the outlined steps and filling in the necessary form fields, administrators can efficiently manage the exchange rules and ensure a seamless transaction process for users.