Buy stablecoins
Requirements to start the flow.
Broker account
You must have a broker account (Tutorial here)
API key
Have an API key (Tutorial here).
Order flow
The process of buying stablecoins on Rio is done through the following steps:
Register the deposit crypto address
Before creating an order, you need to register the crypto address that will receive the funds. This only needs to be done once per address-currency pair.
Go to create a new crypto address
Create a quote
You can create as many quotes as necesarry before creating an order.
Go to create quote endpoint
Create order
Once you are satisfied with a quote, you can create an order for the quoted amount.
Go to create order
Wait for the order to be ready to accept payment.
Poll the order or subscribe to our webhooks. Wait for the order to have a status of awaitingPayment.
Go to check order status
Get payment instructions
The bank account and reference number can be unique per order, so this step must be called for each order.
Go to get bank payment details
Pay for the order
Please send the amount specified in the amountFiat field of the order object to the bank account retrieved in the previous step. Do not forget to send the reference.
Confirm payment (optional)
This final step is only necesarry if the payment is done in USD outside of the United States.
Go to confirm payment
Wait for funds
Rio will send the funds to your wallet in the next few minutes.