Introduction to Cryptocurrency Payment APIs
Modern businesses and applications increasingly rely on open APIs to facilitate technical integrations. Organizations typically provide these interfaces through detailed documentation or language-specific SDK packages. UDun Wallet's development team has created a comprehensive system to streamline digital currency integration, offering:
- Complete API documentation
- Multi-language SDKs (Java, .NET, PHP)
- Exchange-ready solutions
The Dominance of Stablecoin USDT
USDT (Tether) has become the preferred stablecoin for:
- Hedging against market volatility
- Facilitating reverse operations for digital currency withdrawals
- Serving as the primary liquidity instrument across exchanges
With growing demand from:
- Cryptocurrency exchanges
- E-commerce platforms
- Gaming enterprises
API integration has become critical infrastructure. This guide addresses common implementation challenges including interface specifications, procedural steps, and payment system integration.
UDun Wallet: Global Exchange Management Solution
As the world's first exchange wallet management system, UDun Wallet provides:
Security Features
- 700+ days of secure operation
- Global user base across Asia-Pacific and Western markets
- $100M+ USDT in cumulative managed assets
- $20M daily trading volume
Core Functionalities
- Transaction auditing
- Automated payments
- Fund aggregation
API Implementation Guide
1. Address Generation
1.1 Use Case
Generate deposit addresses for specified currencies.
1.2 Technical Specifications
**Endpoint**: `/mch/address/create`
**Method**: POST
**Parameters**:
| Field | Type | Required | Description |
|--------------|--------|----------|---------------------------|
| merchantId | String | Yes | Merchant identifier |
| coinType | Int | Yes | Primary currency code |
| callUrl | String | Yes | Callback URL |
| walletId | String | No | Wallet identifier |
**Success Response**:{
"code": 200,
"data": {
"coinType": 520,
"address": "0xbe4e3699cb870bc95365fe04..."}
}
### 2. Withdrawal Processing
#### 2.1 Key Considerations
- Address validation requirements
- Unique businessId enforcement
- Memo field for XRP/EOS transactions
#### 2.2 Technical SpecificationsEndpoint: /mch/withdraw
Method: POST
Parameters:
| Field | Type | Required | Description |
|---|---|---|---|
| address | String | Yes | Destination address |
| amount | String | Yes | Transfer quantity |
| businessId | String | Yes | Unique transaction ID |
Status Codes:
| Code | Description |
|---|---|
| 200 | Success |
| 4193 | Invalid decimal places |
👉 [Best practices for secure withdrawals](https://www.okx.com/join/BLOCKSTAR)
---
## Advanced Features
### 3. Proxy Payments
Automated payment processing with fallback to manual approval.
**Implementation Notes**:
- Dual-callback system (approval + transaction status)
- Balance verification requirements
### 4. Transaction Callbacks
Real-time notification system for:
- Deposit confirmations
- Withdrawal status updates
**Callback Types**:
| Code | Description |
|------|---------------------------|
| 1 | Deposit notification |
| 2 | Withdrawal notification |
---
## Technical Appendices
### Currency Code Reference
| Main Code | Sub-Code | Symbol | Full Name |
|-----------|----------|--------|------------------|
| 0 | 0 | BTC | Bitcoin |
| 60 | 60 | ETH | Ethereum |
| 0 | 31 | USDT | Tether USD |
### Security Protocols
**Signature Verification**:sign = md5(body + apiKey + nonce + timestamp)
**Address Validation Rules**:
| Currency | Prefix | Length |
|----------|--------|---------|
| BTC | 1/3 | 26-36 |
| ETH | 0x | 42 |
---
## FAQ: USDT API Integration
**Q1: What minimum security standards should implementations follow?**
A: Always implement:
- IP whitelisting
- Two-factor authentication
- Rate limiting
**Q2: How are failed transactions handled?**
A: The system provides:
- Automated retry mechanisms
- Detailed error logging
- Manual reprocessing options
**Q3: What's the typical callback response time?**
A: Usually within 5-30 seconds, depending on blockchain congestion.
👉 [Understanding callback latency factors](https://www.okx.com/join/BLOCKSTAR)
**Q4: Are testnet environments available?**
A: Yes, sandbox environments with test USDT are provided for all integration scenarios.
**Q5: How does address generation differ between currencies?**
A: Implementation varies by:
- Cryptographic algorithms
- Address formatting rules