ZebPay introduces India’s first global crypto Electronic OTC Desk for HNIs and Institutional Investors
ZebPay, India’s most secure and most trusted crypto asset exchange, has launched India’s first global Electronic Over-The-Counter (OTC) Desk for large volume traders and institutional investors globally. Targeted at HNIs, trading firms, and corporates, the ZebPay Electronic OTC Desk offers cost-effective one-click execution of large crypto trade orders instantly at tight spreads with zero fees and minimal slippage. Access is available via API integration or through an easy-to-use trading interface that enables automated trading facilities for all users.
With the OTC Desk, ZebPay is addressing the liquidity crunch in crypto assets as it gives access to 24/7 deep liquidity to a range of cryptocurrencies and best-in-class price execution across multiple trade pairs. It also supports all clients with access to a credit line for 24-hours post-trade settlement with minimum collateral needs. There are multiple order types such as Immediate-Or-Cancel (IOC), Time Weighted Average Price (TWAP) to optimize trading experience as per their tailored needs. The Electronic OTC Desk also offers sophisticated APIs for automated trading which suit the needs of trading firms, quant funds, institutions, brokers, corporates, and algorithmic traders. It currently supports multiple fiat currencies and stable coins for global clients such as US Dollar (USD), British Pound (GBP), Euro (EUR), Singapore Dollar (SGD), Dirham (AED), Australian Dollar (AUD), Tether (USDT), USD Coin (USDC) and DAI.
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All users including the HNIs, trading firms, corporates, and institutions will enjoy bespoke services such as in-depth research, analysis, and 24/7 white-glove service.
Avinash Shekhar, Co-CEO, ZebPay, said, “ZebPay aims to create a robust crypto ecosystem and a multi-faceted business where the needs of both the retail and institutional investors are met seamlessly. With ZebPay OTC Desk, we are addressing the growing institutional interest in crypto globally and in India. Like other ZebPay products, the OTC Desk also provides a simplified and optimised trading experience coupled with personalised assistance, but specifically for larger volume traders. This will further encourage adoption of crypto in the country and help create a mark for India as a major player in this emerging space.”
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Nirmal Ranga, Chief Revenue Officer, said, “Ever since its inception, ZebPay has been innovating to become a one-stop-shop to invest in Bitcoin and other cryptocurrencies without any boundaries. With the launch of India’s first crypto OTC Desk, ZebPay aims to provide guidance, assistance, and convenience to HNIs and institutional investors for trading in crypto assets. The product will eliminate the struggle of finding deep liquidity and enable the instant execution of large crypto trade orders. Given ZebPay’s experience handling crypto assets worth billions since 2012, the OTC Desk offers a trusted and secure trading platform. We are confident that ZebPay OTC Desk will become the go-to for large crypto volumes as it offers a variety of benefits of quick settlements, convenience, flexibility, and personalised assistance, all on one platform.”
ZebPay is addressing the whole value chain of an investor’s cryptocurrency needs and now offers industry-leading features such as earn and lend on their mobile apps, ZEBB (SIP for BTC/ETH), and on the new OTC desk.
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