ABCEx

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General instructions for setting up trading parameters

Go to the "Trading Actions" section ➔ "Add Action", enter a name for the trading action in the "Title" field, select ABCEx from the "Module" dropdown, keep the status as "Active Action," and click "Save."

Enter your API key received from the exchange representative (leave the "Domain" field empty) and save the changes.

In the module, you can create one of two actions — "Sell" or "Buy."

The "Sell" action is suitable when you want to convert the amount equivalent to the currency received from the client into a stablecoin like USDT (or another currency that you find appropriate).

The "Buy" action is suitable when you do not want to hold a reserve of the currency being paid out in your exchange accounts and plan to purchase the currency for payout only when a client has a request to buy that currency from your exchange. In this case, you need to use the ABCEx auto payout module to pay out the currency immediately after its purchase.

Example: Exchange direction BTC — USDT. If you want to sell the equivalent amount received from the client on the exchange ABCEx (for example, sell BTC to receive USDT) — select the amount in the "You Give" field in the trading action settings for the "Sell" action (the "Currency Code" and "Trading Currency Code" fields should be empty, or in the "Currency Code" field (currency for sale) enter BTC, and in the "Trading Currency Code" field enter USDT). When the trading action is triggered on the ABCEx exchange, it will sell BTC from your balance and buy USDT at the market rate.

If you want to buy the equivalent amount sent to the client (for example, buy BTC by paying with USDT) — select the amount in the "You Give" field in the trading action settings for the "Buy" action (the "Currency Code" and "Trading Currency Code" fields should be empty, or in the "Currency Code" field (currency for purchase) enter BTC, select BTC in the "Network," and in the "Trading Currency Code" field enter USDT). When the trading action is triggered on the ABCEx exchange, it will buy BTC from your balance and sell USDT at the market rate.

Examples of trading actions:

Example 1: Action "Sell", exchange direction USDT TRC20 to BTC, in the trading action settings the currencies for purchase ("Currency Code") are USDT and for sale ("Trading Currency Code") are RUB, amount from the request "You Give". A client creates a request to receive 0.0012 BTC (~100 USDT) and pays for it. At this moment (if the trading action is set to execute "After Merchant Confirmation Status") on the exchange, there will be a sale of USDT for RUB for the amount of the request (provided there is sufficient balance to execute the action). \

Example 2: Action "Sell", exchange direction USDT TRC20 to BTC, in the trading action settings the "Currency Code" and "Trading Currency Code" fields are empty for purchase and sale, amount "You Give". A client creates a request to receive 0.0012 BTC (~100 USDT) and pays for it. At this moment, there will be a purchase of BTC for USDT for the amount of the request on the exchange.

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Example 3: Action "Sell", exchange direction BTC to USDT TRC20, in the trading action settings the currencies are set to "Auto" for purchase and sale, amount "You Receive". A client creates a request to receive 100 USDT and pays for it. At this moment, there will be a purchase of BTC for USDT for the amount of the request on the exchange. Example 4: Action "Sell", exchange direction USDT TRC20 to RUB, in the trading action settings the currencies are set to "Auto" for purchase and sale, amount "You Receive". A client creates a request to receive 8500 RUB (~100 USDT) and pays for it. At this moment, there will be a purchase of USDT for RUB for the amount of the request on the exchange.

Please note that you can create actions for stepwise exchange of one currency to another through intermediate currencies. Most often, when there is no pair currency 1 ➔ currency 2 on the exchange, the exchange is done through the stablecoin USDT (TRC20) (currency 1 ➔ USDT ➔ currency 2), but you can also use alternative options.

For stepwise exchange, you need to:

• create 2 trading actions: Sell (currency 1 ➔ USDT) and Buy (USDT ➔ currency 2)

• select the same exchange directions and statuses for triggering in the "Settings for Addition" block in the trading action settings

• set the order of execution: 1 — for the Sell action, 2 — for the Buy action.

To ensure the correct execution of the trading action, it is also important to select a currency pair that is traded on the ABCEx exchange in the "Currency Code" and "Trading Currency Code" fields. If both fields are left empty, the currencies will be selected automatically (see examples above).

Currently, the available currency pairs are USDT/RUB and BTC/USDT (and their reverse pairs).

If you select currencies that do not form a pair, the trading action will definitely encounter an error when attempting to execute.