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Autoconvert is a zero-touch deposit processing mode. When enabled for a user, EQX automatically converts their incoming on-chain deposits to fiat and credits their balance — no manual quote-and-commit step required.

How it works

On-chain deposit detected

   EQX custody confirms

   Autoconvert policy evaluated

   Conversion executed at market rate

   Fiat balance credited → deposit.credited webhook fired

Autoconvert summary

Fetch the autoconvert configuration and status for an authenticated user:
GET /api/autoconvert/me
Returns the corridor, processing mode, and most recent conversion event.

Credits

Each successful autoconvert produces a credit — a record of the conversion with the source amount, fiat amount, rate used, and settlement status.
GET /api/autoconvert/credits          # list all credits
GET /api/autoconvert/credits/:id      # single credit detail

Processing modes

Autoconvert honours the same policy processing modes as manual settlements:
ModeEffect
AUTOConverts immediately without intervention
REVIEW_REQUIREDHolds for compliance review before converting
MANUAL_ONLYDoes not auto-convert; requires manual admin action

Webhooks

Subscribe to deposit.credited to receive a notification when an autoconvert completes and the user’s balance is updated.