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5 FREQUENTLY ASKED QUESTIONS ABOUT THE QUIDAX OTC DESK – PART 3

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.

  • What happens if the market fluctuates while my trade is being processed?

When we share a rate with a client, we would also share a validity time for that rate. Subsequently, once you agree to a quote, we lock in rates for about 10 minutes. If the market shifts significantly, before the trade is finalized, we will notify you immediately with an updated quote. You can then decide whether to proceed with the trade at the revised rate or wait for more favorable market conditions.

  • How do we communicate with your team?

We offer multiple communication channels to ensure you can easily reach us. You can contact our team via email, phone or messaging platforms like Whatsapp and Telegram for quick inquiries and trade-related discussions. 

  • Do OTC clients have a personal account manager/one-on-one support?

The team offers personalized, one-on-one support for each client, from end to end. 

  • Where is Quidax licensed?

Quidax is fully licensed and regulated in Nigeria and Canada, ensuring compliance with local and international financial regulations. 

  • What is the maximum trade volume?

There is no strict maximum trade volume with our OTC Desk. We specialize in large-volume transactions and can accommodate trades well into the millions. Our team is equipped to handle significant transactions with the liquidity and speed you need. For exceptionally large trades, we recommend contacting us in advance to discuss your requirements and ensure everything is in place for a smooth process.

Would you like to speak further with us?

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

QUIDAX OTC
QUIDAX OTC
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