5 FREQUENTLY ASKED QUESTIONS ABOUT THE QUIDAX OTC DESK - PART 1

Over-The-Counter (OTC) trading is an emerging sector in Africa’s financial markets.

It involves the direct buying and selling (or exchange) of digital currencies between two parties.?

With Quidax’s OTC Desk, customers can experience seamless business payments; trading more than $100,000 and getting settled in crypto or fiat, directly into their wallets or local currency bank accounts, respectively.

1.What is the minimum trade volume for the Quidax OTC Desk?

The minimum trade volume is $100,000 per transaction. This ensures that our services are tailored to high-net-worth individuals, institutions, and large-volume traders seeking liquidity and efficiency for their crypto/fiat transactions.

2. What countries/fiat currencies do you cover?

Our OTC desk provides support for global clients operating in Africa. We offer trades in multiple fiat currencies including USD (United States Dollar), EUR (Euro), NGN (Nigerian Naira), GHS (Ghanaian Cedi), KES (Kenyan Shilling), XAF (Central African CFA Franc), XOF (West African CFA Franc), ZMW (Zambian Kwacha) and TZS (Tanzanian Shilling).

We are able to trade fiat-to-crypto and crypto-to-crypto pairs via our OTC Desk.

Please contact us for specific details regarding your location and currency needs.

3. Which cryptocurrencies can be traded through the Quidax OTC?

Our OTC desk supports a wide range of cryptocurrencies, including but not limited to Bitcoin (BTC), Ethereum (ETH), USDT (Tether) and USDC, with USDT being the most popular and traded asset.

We are continually expanding our offerings, so please contact us if you are looking to trade a specific asset not listed here.

4. How long does it take to execute an OTC trade?

The time typically ranges from a few minutes to a few hours, depending on the size of the trade and the specific requirements of the transaction. Once pricing is agreed on, trades are usually settled the same day except for unique situations, which will be communicated ahead of time.

5. How do I initiate an OTC Trade with Quidax?

There are just four simple steps to access the OTC Desk service.

1. Book a call with one of the company’s representatives or reach out directly via email ([email protected]).
2. Complete a quick and simple onboarding/KYC process.
3. Agree on rates/pricing.
4. Trade directly into your wallet or local currency bank account.?

Get in touch! https://www.quidax.com/otc-contact/?