Exchange Rates¶
bitcoinpython gets exchange rate data from trusted third-party APIs. Specifically, it can access:
- https://bitcoinpythonpay.com/bitcoincash-exchange-rates via
BitpayRates
- https://blockchain.info/api/exchange_rates_api via
BlockchainRates
RatesAPI¶
Core operations use RatesAPI
. For each method,
it polls a service and if an error occurs it tries another.
You will likely never use this directly.
Currency to Satoshi¶
bitcoinpython exposes 2 ways to convert a given amount of currency to the equivalent
number of satoshi: currency_to_satoshi()
and
currency_to_satoshi_cached()
. The latter function will
cache results for 1 minute by default.
bitcoinpython uses currency_to_satoshi_cached()
in transactions to convert the
amount in each output to spendable satoshi.
To illustrate, here is how your outputs in (destination, amount, currency) format are converted to (destination, satoshi) format for spending during transactions:
>>> from bitcoinpython.network import currency_to_satoshi_cached
>>>
>>> ...
>>> for i, output in enumerate(outputs):
... dest, amount, currency = output
... outputs[i] = (dest, currency_to_satoshi_cached(amount, currency))
Satoshi to Currency¶
Converting satoshi to another currency as a formatted string can be done using
satoshi_to_currency()
or satoshi_to_currency_cached()
.
The result will be rounded down to the proper number of decimal places for each currency.
>>> from bitcoinpython.network import satoshi_to_currency_cached
>>>
>>> satoshi_to_currency_cached(56789, 'usd')
'0.59'
>>> satoshi_to_currency_cached('56789', 'jpy')
'82'
Supported Currencies¶
These are all the currencies currently supported by bitcoinpython. Note that converting satoshi to itself, ubch, mbch, or bch never requires exchange rate data and therefore no network calls are needed.
>>> from bitcoinpython import SUPPORTED_CURRENCIES
>>> print(SUPPORTED_CURRENCIES)
Code | Currency |
---|---|
satoshi | Satoshi |
ubch | Microbitcoin |
mbch | Millibitcoin |
bch | Bitcoin Cash |
usd | United States Dollar |
eur | Eurozone Euro |
gbp | Pound Sterling |
jpy | Japanese Yen |
cny | Chinese Yuan |
cad | Canadian Dollar |
aud | Australian Dollar |
nzd | New Zealand Dollar |
rub | Russian Ruble |
brl | Brazilian Real |
chf | Swiss Franc |
sek | Swedish Krona |
dkk | Danish Krone |
isk | Icelandic Krona |
pln | Polish Zloty |
hkd | Hong Kong Dollar |
krw | South Korean Won |
sgd | Singapore Dollar |
thb | Thai Baht |
twd | New Taiwan Dollar |
clp | Chilean Peso |
Unsupported Currencies¶
If you need to use currencies in your Transactions that bitcoinpython does not support, convert it yourself to satoshi, ubch, mbch, or bch as these are supported natively.
- Previous topic: Transactions
- Next topic: Fees