How are exchange rates calculated for crypto invoices?
Exchange rates for Sheepy-issued crypto invoices are calculated dynamically using aggregated real-time market data sourced from multiple external liquidity providers. When an invoice is generated, the system selects the most favorable available rate by comparing prices across these sources. This automated mechanism ensures that both merchants and their customers receive fair and transparent pricing reflective of current market conditions.
The applied rate remains locked for the 15-minute validity period of the invoice, protecting against short-term market volatility and reducing the risk of payment discrepancies. By leveraging multiple pricing feeds and maintaining continuous updates, Sheepy’s platform offers reliable exchange rate management for all supported digital currencies.
For more information on how crypto invoicing works, visit the Crypto Payment Gateway page.