PancakeSwap currencies value API for CryptoPay is an add-on specifically designed to extend the capabilities of the CryptoPay WooCommerce plugin, the cryptocurrency payment gateway for WordPress and WooCommerce developed by BeycanPress LLC. This add-on allows merchants to use price data provided by PancakeSwap, one of the most popular decentralized exchanges in the Binance Smart Chain ecosystem, as a currency conversion API within CryptoPay.
Upon installing this add-on, the PancakeSwap option automatically appears in the list of currency conversion APIs on the main CryptoPay settings page. This means that WooCommerce store owners can offer their customers real-time cryptocurrency prices based on PancakeSwap's liquidity and quote data, without relying on external third-party services.
This add-on is aimed at merchants and developers who already use CryptoPay as their crypto payment gateway and who want a reliable and decentralized conversion data source. It is especially useful for stores operating with tokens from the BNB Chain ecosystem and seeking accurate, up-to-date prices for their products.
With this add-on, merchants can keep their prices in fiat currency while CryptoPay automatically calculates the equivalent in cryptocurrency at the time of payment, using PancakeSwap's information as a reference. This provides a smooth and transparent shopping experience for customers who prefer to pay with cryptocurrencies, while reducing reliance on centralized APIs.