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Add missing currencies: VES & MLC #377

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grunch opened this issue Jul 7, 2023 · 7 comments
Open

Add missing currencies: VES & MLC #377

grunch opened this issue Jul 7, 2023 · 7 comments

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@grunch
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grunch commented Jul 7, 2023

Hi, I'm working on @lnp2pbot, lately we have an increase of phoenix wallet users and I started to receive one question from latam users, why my currency is not listed?

It's important to let you know that some countries in latam have currency controls so we shouldn't use official rate APIs because is not the real one, I propose to use the api from this site which have the free market fiat currencies rate from all around the world and we are using it since almost two years ago.

https://yadio.io/api.html

Here the most used latam fiat currencies:

VES: https://api.yadio.io/rate/VES
ARS: https://api.yadio.io/rate/ARS
COP: https://api.yadio.io/rate/COP
CUP: https://api.yadio.io/rate/CUP
MLC: https://api.yadio.io/rate/MLC
CLP: https://api.yadio.io/rate/CLP
CRC: https://api.yadio.io/rate/CRC
GTQ: https://api.yadio.io/rate/GTQ
PYG: https://api.yadio.io/rate/PYG
PAB: https://api.yadio.io/rate/PAB
PEN: https://api.yadio.io/rate/PEN
BOB: https://api.yadio.io/rate/BOB
HNL: https://api.yadio.io/rate/HNL
UYU: https://api.yadio.io/rate/UYU

Yadio also have this useful converter

https://api.yadio.io/convert/1000/ars/BTC # this converts 1000 ARS to BTC

@diegogurpegui
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This would be really helpful!

@cristabileok
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Great suggestion, let's hope they take it into consideration.

There are many latin-america countries where bitcoin is growing fast and this would certainly help.

Greetings from Argentina.

@dpad85
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dpad85 commented Jul 10, 2023

Hello, this will be fixed in the next release of the Android app. Phoenix will support conversion to most fiat currencies (and also fix inaccuracies).

@dpad85
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dpad85 commented Oct 3, 2023

Closing this ticket as it is fixed by version 2.x, which can now be used by all Android users (after migration). If the app is still missing a currency (especially a free market currency), let us know.

@dpad85 dpad85 closed this as completed Oct 3, 2023
@grunch
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grunch commented Oct 4, 2023

Hi @dpad85 is it a good reason to not having Venezuelan Bolívar (VES) rate on phoenix?

@robbiehanson
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Here's the current status:

  • ARS: Argentine Peso
  • BOB: Bolivian Boliviano
  • CLP: Chilean Peso
  • COP: Colombian Peso
  • CRC: Costa Rican Colón
  • CUP: Cuban Peso
  • GTQ: Guatemalan Quetzal
  • HNL: Honduran Lempira
  • MLC: Cuban Moneda Libremente Convertible
  • PAB: Panamanian Balboa
  • PEN: Peruvian Sol
  • PYG: Paraguayan Guarani
  • UYU: Uruguayan Peso
  • VES: Venezuelan Bolívar

In the case of both ARS & CUP, we also provide the official (government controlled) exchange rate. That is, the exchange rate for ARS is coming from Yadio. And there's a separate currency called "ARSoff" which represents the "official" exchange rate.

@robbiehanson robbiehanson changed the title Suggestion: Add latin-american fiat currencies Add missing currencies: VES & MLC Oct 4, 2023
@robbiehanson robbiehanson reopened this Oct 4, 2023
@grunch
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grunch commented Oct 5, 2023

Here's the current status:

* [x]  ARS: Argentine Peso

* [x]  BOB: Bolivian Boliviano

* [x]  CLP: Chilean Peso

* [x]  COP: Colombian Peso

* [x]  CRC: Costa Rican Colón

* [x]  CUP: Cuban Peso

* [x]  GTQ: Guatemalan Quetzal

* [x]  HNL: Honduran Lempira

* [ ]  MLC: Cuban Moneda Libremente Convertible

* [x]  PAB: Panamanian Balboa

* [x]  PEN: Peruvian Sol

* [x]  PYG: Paraguayan Guarani

* [x]  UYU: Uruguayan Peso

* [ ]  VES: Venezuelan Bolívar

In the case of both ARS & CUP, we also provide the official (government controlled) exchange rate. That is, the exchange rate for ARS is coming from Yadio. And there's a separate currency called "ARSoff" which represents the "official" exchange rate.

Hi @robbiehanson thank you for your response, yes I saw that you address the official rate of some countries with currency control, if I may I can advise that remove the official rate because that is a way politicians scam their own citizens, my whole life I've been under currency control first in Venezuela and now in Argentina, where I'm based now, in these countries people use free market currency rate to live, having two currency rates can confuse tourists that are not used to having two rates for the same currency.

MLC is used in cuba, it's kinda a CBDC from cuban dictators.

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