# Rate Oracle

This new feature provides real time, most up-to-date exchange rate on any given token or currency from a reliable and trustworthy data source.

Note

Use rate oracle with the cross exchange market making and arbitrage strategies.

## Parameters¶

### rate_oracle_source¶

The source where you want to pull data from, it can either be Binance or Coingecko. Please take note that using Coingecko will have a 30-second delay due to their API rate limit.

 1 2 What source do you want rate oracle to pull data from? (binance, coingecko)" >>> 

### global_token¶

This is a token which you can display other tokens' value in. Set the global_token according to your preferred token value.

 1 2 What is your default display token? (e.g. USDT,USD,EUR) >>> 

### global_token_symbol¶

The symbol for the global token.

 1 2 What is your default display token symbol? (e.g. \$, €) >>> 

Tip

If you happen to start the bot and produce the error Oracle rate is not available, or ff the rate_oracle_source fails to show any price reference on your pair, you may change the oracle_source by running config rate_oracle_source and switch between Binance or Coingecko.

## How it works¶

If you need to view the rate oracle conversion after the balance, pnl, open_orders, trades, and status command, set it manually in the config_global.yml.

To set the parameters for rate_oracle_source, global_token and global_token_symbol, run the config command.

Refer to the example below:

Change the default setting in conf_global.yml to GBP (Great Britain Pound). The conversion will show up when you run balance command.

The conversion also shows up during the status command for the liquidity_mining strategy. Under the Miner section.

The conversion shows up when using the pnl command.

The conversion also shows up when running the trades command.

The conversion also works with the open_orders command.