# Changelog ### 2025-01-25 * Added a rate matching functionality so that stable crypto coin rates can be exactly 1:1 matched with their fiat backing currency. ### 2024-10-19 * Minimum Deposit Processing Amount was introduced to improve the experience in cases where the actual deposit amount is lower than the amount which can effectively be processed. ### 2024-08-06 * Businesses can now choose which specific network they want to allow for any of the deposit currencies. This applies to currencies where multiple deposit networks are supported. Read more about it on our [guide page](https://blog.finrax.com/guides/blockchain-network-selection). ### 2024-07-04 * Added the ability to configure which party is responsible for covering the on-chain fees when sending out a settlement. This can be configured once for all withdrawals created from a given business on each individual withdrawal. Find out more [here](https://blog.finrax.com/guides/how-to-create-a-business-1). ### 2024-05-29 * Added the ability to require an approval from a second user before sending out a withdrawal. This configuration is made once for each organisation and applies to all subsequently sent withdrawals. For a detailed step-by-step breakdown, please visit our [guide page](https://blog.finrax.com/guides/withdrawal-approvals). ### 2024-05-16 * `Solana` has been added as supported network for crypto withdrawals and deposit for `USDC.` Furthermore we also added `SOL` as deposit and withdrawal currency. ### 2024-04-01 * Added the withdrawal approvals feature allowing admin users to have additional control over crypto withdrawals by manually approving or rejecting them. Further details can be found under [Withdrawal approvals](https://blog.finrax.com/guides/withdrawal-approvals). ### 2023-06-16 * Adding statuses to deposits in payments. Changes to the response are visible under [Get payment data](https://docs.finrax.com/references/crypto-payments/get-deposit-data). ### 2023-02-09 * Adding a network field as a mandatory one to the post request for [whitelisted address creation](https://docs.finrax.com/broken-reference). Currencies and networks pairs available are the same as for our [withdrawals](https://docs.finrax.com/references/crypto-withdrawals/initiate-withdrawal-request). ### 2022-09-26 * Introducing deposits through side chains. To take advantage of this new feature changes should be made to either the [Request crypto payment](https://docs.finrax.com/references/crypto-payments/initiate-a-crypto-payment-request) or the [Add payment details](https://docs.finrax.com/references/crypto-payments/submit-deposit-data) payload. **List of currencies and their supported deposit networks** | Currency | Network | | -------- | -------------------------------------------------------------------- | | USDC | Ethereum chain (ETH), Binance Smart Chain (BSC) and Tron Chain (TRX) | | ETH | Ethereum chain (ETH) and Binance Smart Chain (BSC) | | BTC | BTC | | BCH | BCH | | LTC | LTC | | XRP | XRP | | XLM | XLM | | LINK | ETH | ### 2022-08-21 * Changes to the accepted values for the network field for [crypto withdrawals](https://docs.finrax.com/references/crypto-withdrawals/initiate-withdrawal-request) * `MAIN` is no longer a valid value for the network field instead, use one of the values described on the Request crypto withdrawal page. * Added a maximum amount the can be withdrawaln depending on the network and the respective cryptocurrency. Information can be found in the [metadata endpoint](https://docs.finrax.com/references/crypto-withdrawals/request-withdrawal-metadata). * Different response fields when sending [payment details](https://docs.finrax.com/references/crypto-payments/submit-deposit-data). For payments with `LTC` as their `depositCurrency` the response will only include a `walletAddress` field. We are removing the `ltc3Address`field and changing the address type that is returned in the `walletAddress`. * Changes to our [metadata endpoint](https://docs.finrax.com/references/crypto-withdrawals/request-withdrawal-metadata). * Added a new field `maxAmount` to the response. It will hold the maximum amount that can be withdrawn in the respective cryptocurrency. * The changes to network names that are described on the [crypto withdrawals](https://docs.finrax.com/references/crypto-withdrawals/initiate-withdrawal-request) page will also take affect here (see table below and [example response](https://docs.finrax.com/references/crypto-withdrawals/request-withdrawal-metadata#get-metadata-for-supported-cryptocurrencies)). * Changes to the network field in the [validate address](https://docs.finrax.com/references/crypto-addresses/validate-address) endpoint #### List of currencies and their old/new supported withdrawal networks
CurrencySupported networks (From 2022-08-15)Supported networks (To 2022-08-15)
BTCBTCMAIN
BCHBCHMAIN
ETHETH, BSCMAIN, BSC
LINKETHMAIN, BSC
LTCLTCMAIN
USDCETH, BSC, TRXnot supported
XLMXLMMAIN
XRPXRPMAIN
### 2022-06-30 #### Reducing the list of supported currencies * Finrax will cease processing (deposits and withdrawals) of the following currencies **as of 2022-07-15**: ``` Basic Attention Token (BAT), Bancor (BNT), Civic (CVC), Enjin Coin (ENJ), Mithril (MITH), Metal (MTL), OmiseGo (OMG), Augur (REP) ``` Reason for delisting is low processing volumes and low liquidity on the markets. ### 2022-05-19 * [Withdrawal ](https://docs.finrax.com/references/crypto-withdrawals/initiate-withdrawal-request)request body and response body * New supported network - `TRX` ### 2022-05-09 * [Withdrawal ](https://docs.finrax.com/references/crypto-withdrawals/initiate-withdrawal-request)request body and response body * New optional field for the request body - `network` * New field in the response body - `network` * [Get cryptocurrency metadata](https://docs.finrax.com/references/crypto-withdrawals/request-withdrawal-metadata) * New endpoint that provides metadata for all supported cryptocurrencies * Deprecating the [withdrawal and on-chain fees endpoint](https://docs.finrax.com/broken-reference). It is replaced by the new [metadata endpoint](https://docs.finrax.com/references/crypto-withdrawals/request-withdrawal-metadata). * [Validate address](https://docs.finrax.com/references/crypto-addresses/validate-address#validate-address-1) * We are deprecating the old endpoint and introducing a new one: * `POST /api/v1/addresses/validate` is being **Deprecated** * `GET /api/v1/currency/:withdrawalCurrency/network/:network/address/:address/valid` - **New** * [Exchange rates](https://docs.finrax.com/references/currencies-and-fees/get-exchange-rates-any-currency-to-any-currency) for any currency * New endpoint that provides rates for currencies(fiat and crypto) and supports comma-separated values. ### 2021-11-08 * [Withdrawal callback](https://docs.finrax.com/references/callbacks/withdrawal-completed) request body * New status -`BLOCKED` * New field - `txAddressOwner` * [Get business withdrawals ](https://docs.finrax.com/references/business/get-business-withdrawals)response * New status - `BLOCKED` * New fields - `addressOwner`, `sourceRiskEntities`, `destinationRiskEntities`