Set Up Fiat Currency and Site Currency

This guide explains how to configure fiat currencies (USD, EUR, etc.) and the site currency (e.g. COIN) used in the eWallet system.

Set Up Fiat Currency #

Fiat currencies are used for payment gateways and currency conversion (USD, EUR, etc.).

Navigation path: Admin Dashboard > Site Setttings > Manage Currencies

Create a New Fiat Currency #

  1. Click Create new
  2. Enter:
    • Name (e.g. US Dollar)
    • Code (e.g. USD)
    • Symbol (e.g. $)
  3. Click Submit

Set Default Fiat Currency #

  • Toggle the Default switch for the currency you want to use as the system’s main fiat currency
  • Only one currency can be set as default

Set Up Site Currency (eWallet Token) #

Navigation path: Admin Dashboard > Site Setttings > General Configuration > eWallet

Configure Site Currency #

  1. Enable eWallet
  2. Set the Token name
    • Example: COIN
    • This is the currency users see in their wallet
  3. Set the Exchange rate
    • Example: 2
    • Meaning: 1 USD = 2 COIN

Example #

If:

  • Token name = COIN
  • Exchange rate = 2

Then:

  • 10 USD = 20 COIN
  • 0.50 USD = 1 COIN

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