This endpoint enables merchants to easily generate a cryptocurrency deposit address for their customers.
Simply provide details such as the currency, target currency, cashier currency, external ID, notification URL, and recipient information.
The Rapid Deposit Method allows merchants to generate unique deposit addresses for their users so they can make deposits straight from their wallet applications without being redirected to a hosted payment page.
This allows easy tracking of deposits as each address is assigned to a specific user in the merchant's system.
The addresses generated by the merchant have special rules set for conversions. The traceability of the address offers a user-friendly experience for the merchant's customers.
Generating a receiving address is the first step in the Rapid Deposit process. An address can be created proactively when a new user signs up on the merchant platform, or at a later stage when the user lands on the cashier page. There should be a 1-to-1 relationship between each user and receiving address via an externalId.
Info
The merchant will be notified through the
notifyUrlafter every inbound deposit is received through that address.