Get Quote

Before initializing a sell widget transaction, you might want to know what price the token is being traded at. Make a GET request to the following endpoint.

https://api.localramp.co/v1/transaction/sell-widget/quote?from_currency=USDT&to_currency=NGN

The request takes from_currency and to_currency as query params.

With the following header

x-auth-token: <PUBLIC_KEY>

If the API call is successful, LocalRamp returns the following response:

{
    "status": "success",
    "data": {
        "rate": {
            "info": "conversion rate from USDT -> NGN",
            "amount": "1584.00"
        },
        "fee": {
            "info": "Localramp processing fee in NGN ",
            "amount": "300.00",
            "type": "FLAT"
        },
        "partner_fee": {
            "type": "PERCENT",
            "fee": 0
        }
    }
}

fee is what LocalRamp charges in local currency fiat i.e NGN, GHS. It will be deducted from whatever is to be paid out.

exchange_rate is the selling price of the coin.

partner_fee refers to extra fees you might wish to charge your users. This is automatically infused into the rates. Earnings from partner fees are sent straight to the USDT wallet on your dashboard weekly. To set this up, reach out to [e-mail]

Rate Calculation

To calculate how much you would eventually receive for any sender amount

to_amount = (from_amount *exchange_rate) - fee

Rates for our off-ramp are locked, so you should expect to receive the exact amounts (except in rare cases with high volatility of asset)