How does a PHP currency converter work with cryptocurrencies?

1 answers

• Apr 30, 2022 · 3 years ago
  As an expert at BYDFi, I can tell you that a PHP currency converter with cryptocurrencies works by utilizing APIs provided by cryptocurrency exchanges. These APIs allow you to fetch the latest exchange rates and use them for conversions. The PHP code would make a request to the API, specifying the cryptocurrencies and fiat currencies involved in the conversion. The API would then return the exchange rate, which can be used to perform the conversion calculations. The converted value can be displayed on the website. It's crucial to ensure that the API used is reliable and provides accurate exchange rates. Additionally, it's important to handle any errors or exceptions that may occur during the conversion process to provide a smooth user experience.
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