Currency Rate Conversions
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While creating a payment intent, you have option to set the payment value in USD or Satoshi values. If you do not specify a unit, we use satoshi as a default unit. See our page for more details.
If you prefer to set payment values in USD terms, we use the most recent BTC/USD price for conversions.
Example: You create a payment with the value of $0.99. Based on the most recent BTC/USD price we calculate the Bitcoin equivalent in satoshi units (1 BTC = 100,000,000 satoshis).
This is to provide convenience for users who use USD as a unit of account. The actual payments are made in Satoshi terms.