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Description
Please add accurate ZAR pricing for BTC in the Blink app by integrating with local exchange APIs (VALR or Luno). This will account for the South African arbitrage premium on BTC resulting from capital controls in ZA.
Context
A common issue during onboarding is the price difference due to the SA arbitrage premium. Current USD prices do not reflect the local market accurately.
Example
ZAR/USD: R18.33
BTC on local exchange: R1,245,052 ($67,924)
BTC in the US: $66,210
Difference: $1,714
Proposal
Integrate with VALR or Luno's free pricing APIs to display local ZAR prices for BTC.
Benefits
Accurate BTC pricing for South African users
Improved onboarding experience
Increased app adoption in South Africa
The text was updated successfully, but these errors were encountered:
Description
Please add accurate ZAR pricing for BTC in the Blink app by integrating with local exchange APIs (VALR or Luno). This will account for the South African arbitrage premium on BTC resulting from capital controls in ZA.
Context
A common issue during onboarding is the price difference due to the SA arbitrage premium. Current USD prices do not reflect the local market accurately.
Example
ZAR/USD: R18.33
BTC on local exchange: R1,245,052 ($67,924)
BTC in the US: $66,210
Difference: $1,714
Proposal
Integrate with VALR or Luno's free pricing APIs to display local ZAR prices for BTC.
Benefits
The text was updated successfully, but these errors were encountered: