Use the GET/v2/user/fiat-quote endpoint to retrieve a real-time exchange rate for converting one fiat currency to another over VelaFi’s stablecoin rails. Specify the originating and recipient country and currency as query parameters. When you set createQuoteId=true, the API also returns a quoteId you can attach to a payment order to lock in that price. This endpoint is limited to 500 requests per minute per account.
A quoteId is valid for 20 seconds in production and 300 seconds in the sandbox. It is bound to your account and to the corridor (on-ramp country and fiat, off-ramp country and fiat) it was issued for; an order for a different corridor, or after it expires, is rejected. A quoteId is single-use, and an order-create request can consume it even if that request is then rejected.
Current exchange rate expressing how many units of offRampFiat one unit of onRampFiat buys (e.g., "56.14266017"). This rate is for reference only and does not guarantee the final execution price unless a quoteId was requested.
Unique identifier for the reserved rate (e.g., "e46836d68a4a4a6f8f2f609352cffb2f"). Only present when createQuoteId=true. Valid for 20 seconds in production and 300 seconds in the sandbox; single-use.
The price field is a reference rate. It reflects the current market exchange rate but does not guarantee execution at that rate unless you have a valid quoteId and submit your payment order within the reservation window.
Request a fresh quote immediately before submitting a payment order rather than caching a rate from an earlier user interaction. Exchange rates for fiat corridors can move quickly.
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