Foreign exchange (Fx)

Gravv lets customers exchange currencies using the Fx endpoints without initiating transfers. You can convert funds between supported currency pairs at the current market rate.

FX workflow

To exchange currencies with Gravv:

1. Check supported currency pairs to confirm your desired conversion is available.
2. Request an exchange rate for your currency pair.
3. Execute the trade to complete the currency exchange.

When to use Fx

Use FX when you need to:

• convert funds between currencies
• take advantage of favorable exchange rates
• prepare funds in a specific currency for payments or transactions
• swap currencies without moving funds between accounts

Trade directions

When executing trades, you specify the direction:

• buy: Purchase the target currency using your source currency. For example, buy ZAR with USD.
• sell: Sell your source currency for the target currency. For example, sell USD for ZAR.