diff --git a/backend/mempool-config.sample.json b/backend/mempool-config.sample.json
index 87f9d5f34..b29e8cb7a 100644
--- a/backend/mempool-config.sample.json
+++ b/backend/mempool-config.sample.json
@@ -152,6 +152,7 @@
   },
   "FIAT_PRICE": {
     "ENABLED": true,
+    "PAID": false,
     "API_KEY": "your-api-key-from-freecurrencyapi.com"
   }
 }
diff --git a/backend/src/__fixtures__/mempool-config.template.json b/backend/src/__fixtures__/mempool-config.template.json
index e2719c495..f81e889ca 100644
--- a/backend/src/__fixtures__/mempool-config.template.json
+++ b/backend/src/__fixtures__/mempool-config.template.json
@@ -144,6 +144,7 @@
   },
   "FIAT_PRICE": {
     "ENABLED": true,
+    "PAID": false,
     "API_KEY": "__MEMPOOL_CURRENCY_API_KEY__"
   }
 }
diff --git a/backend/src/__tests__/config.test.ts b/backend/src/__tests__/config.test.ts
index 44a183300..18f72f88c 100644
--- a/backend/src/__tests__/config.test.ts
+++ b/backend/src/__tests__/config.test.ts
@@ -151,6 +151,7 @@ describe('Mempool Backend Config', () => {
 
       expect(config.FIAT_PRICE).toStrictEqual({
         ENABLED: true,
+        PAID: false,
         API_KEY: '',
       });
     });
diff --git a/backend/src/config.ts b/backend/src/config.ts
index ae56e4b91..2c479c098 100644
--- a/backend/src/config.ts
+++ b/backend/src/config.ts
@@ -154,6 +154,7 @@ interface IConfig {
   },
   FIAT_PRICE: {
     ENABLED: boolean;
+    PAID: boolean;
     API_KEY: string;
   },
 }
@@ -310,6 +311,7 @@ const defaults: IConfig = {
   },
   'FIAT_PRICE': {
     'ENABLED': true,
+    'PAID': false,
     'API_KEY': '',
   },
 };
diff --git a/backend/src/tasks/price-feeds/free-currency-api.ts b/backend/src/tasks/price-feeds/free-currency-api.ts
index 8d6175b95..be8e91ea8 100644
--- a/backend/src/tasks/price-feeds/free-currency-api.ts
+++ b/backend/src/tasks/price-feeds/free-currency-api.ts
@@ -39,13 +39,17 @@ const emptyRates = {
 
 class FreeCurrencyApi implements ConversionFeed {
   private API_KEY: string;
+  private apiUrlPrefix: string = `https://api.freecurrencyapi.com/v1/`;
 
-  constructor(apiKey: string) {
+  constructor(apiKey: string, paid = false) {
     this.API_KEY = apiKey;
+    if (paid) {
+      this.apiUrlPrefix = `https://api.currencyapi.com/v3/`;
+    }
   }
 
   public async $getQuota(): Promise<any> {
-    const response = await query(`https://api.freecurrencyapi.com/v1/status?apikey=${this.API_KEY}`);
+    const response = await query(`${this.apiUrlPrefix}status?apikey=${this.API_KEY}`);
     if (response && response['quotas']) {
       return response['quotas'];
     }
@@ -53,7 +57,7 @@ class FreeCurrencyApi implements ConversionFeed {
   }
 
   public async $fetchLatestConversionRates(): Promise<ConversionRates> {
-    const response = await query(`https://api.freecurrencyapi.com/v1/latest?apikey=${this.API_KEY}`);
+    const response = await query(`${this.apiUrlPrefix}latest?apikey=${this.API_KEY}`);
     if (response && response['data']) {
       return response['data'];
     }
@@ -61,7 +65,7 @@ class FreeCurrencyApi implements ConversionFeed {
   }
 
   public async $fetchConversionRates(date: string): Promise<ConversionRates> {
-    const response = await query(`https://api.freecurrencyapi.com/v1/historical?date=${date}&apikey=${this.API_KEY}`);
+    const response = await query(`${this.apiUrlPrefix}historical?date=${date}&apikey=${this.API_KEY}`);
     if (response && response['data'] && response['data'][date]) {
       return response['data'][date];
     }
diff --git a/backend/src/tasks/price-updater.ts b/backend/src/tasks/price-updater.ts
index 7ed4cb178..7f975766f 100644
--- a/backend/src/tasks/price-updater.ts
+++ b/backend/src/tasks/price-updater.ts
@@ -71,7 +71,7 @@ class PriceUpdater {
     this.feeds.push(new BitfinexApi());
     this.feeds.push(new GeminiApi());
 
-    this.currencyConversionFeed = new FreeCurrencyApi(config.FIAT_PRICE.API_KEY);
+    this.currencyConversionFeed = new FreeCurrencyApi(config.FIAT_PRICE.API_KEY, config.FIAT_PRICE.PAID);
     this.setCyclePosition();
   }
 
diff --git a/docker/backend/mempool-config.json b/docker/backend/mempool-config.json
index 7b662bed4..24ecf60c7 100644
--- a/docker/backend/mempool-config.json
+++ b/docker/backend/mempool-config.json
@@ -150,6 +150,7 @@
   },
   "FIAT_PRICE": {
     "ENABLED": __FIAT_PRICE_ENABLED__,
+    "PAID": __FIAT_PRICE_PAID__,
     "API_KEY": "__FIAT_PRICE_API_KEY__"
   }
 }
diff --git a/docker/backend/start.sh b/docker/backend/start.sh
index 773ebc150..4108e0534 100755
--- a/docker/backend/start.sh
+++ b/docker/backend/start.sh
@@ -151,6 +151,7 @@ __REDIS_BATCH_QUERY_BASE_SIZE__=${REDIS_BATCH_QUERY_BASE_SIZE:=5000}
 
 # FIAT_PRICE
 __FIAT_PRICE_ENABLED__=${FIAT_PRICE_ENABLED:=true}
+__FIAT_PRICE_PAID__=${FIAT_PRICE_PAID:=false}
 __FIAT_PRICE_API_KEY__=${FIAT_PRICE_API_KEY:=""}
 
 mkdir -p "${__MEMPOOL_CACHE_DIR__}"
@@ -296,6 +297,7 @@ sed -i "s!__REDIS_BATCH_QUERY_BASE_SIZE__!${__REDIS_BATCH_QUERY_BASE_SIZE__}!g"
 
 # FIAT_PRICE
 sed -i "s!__FIAT_PRICE_ENABLED__!${__FIAT_PRICE_ENABLED__}!g" mempool-config.json
+sed -i "s!__FIAT_PRICE_PAID__!${__FIAT_PRICE_PAID__}!g" mempool-config.json
 sed -i "s!__FIAT_PRICE_API_KEY__!${__FIAT_PRICE_API_KEY__}!g" mempool-config.json
 
 node /backend/package/index.js