Tradesilvania Launches Crypto OTC Desk With 2000 Cryptocurrencies And 0% Commission

Tradesilvania.com, the premium European crypto investment platform, has launched the new Tradesilvania OTC Desk crypto service, available to all users across Europe and offering access to over 2000 cryptocurrencies with 0% commission through parity on multiple currencies (EUR /RON).

AiThority Interview Insights: AiThority Interview with Brad Anderson, President of Product and Engineering at Qualtrics

Tradesilvania OTC facilitates users to invest in private, public and developing crypto initiatives globally, in addition to the 64 cryptocurrencies including Bitcoin, Ethereum, MultiversX (Elrond), Cardano, USDT available on the SPOT platform through the 144 active parities.

With a unique approach in Europe, the new service limits users’ exposure to the risks associated with trading on centralized platforms by confirming the price and facilitating subsequent settlement, which is also possible with addresses and wallets outside the platform. This functionality streamlines the trading process through a direct effect on instant access to market opportunities, decreased trading times, settlement risk, and more. Tradesilvania OTC takes 100% of the risk with 0% commission.

Among the safety and security measures implemented at the platform level are an internal regulatory framework above the industry standard, constant auditing, and insurance of up to USD 30 million.

Read More about AiThority Interview: AiThority Interview with Ajay Sathyanath, Chief Technology Officer at Madison Logic

“Investing in the development of a complete OTC Desk solution is a natural step for us, generated by the use of this service by business clients, institutional and advanced crypto investors, with whom we have developed these new functionalities designed to solve the main shortcomings in the market,” said Ciprian Dobrescu, CEO of Tradesilvania.com.

The OTC service allows users to settle Crypto-FIAT transactions at preferential rates and to deposit/withdraw the related amounts without leaving the platform, including their own FIAT ramp-ON and ramp-OFF services via FAST SEPA, SWIFT and SEND. Thus, users can fund their Tradesilvania account via IBAN in EURO/USD/RON for settlement, after execution of the OTC transaction.

The launch of the new Tradesilvania OTC crypto service represents a new stage in the development of the platform and an important step for the ecosystem of modern and personalized crypto financial services dedicated to cryptocurrency investors.

 Latest AiThority Interview Insights : AiThority Interview with at Brian Sathianathan, Co-Founder and CTO at Iterate.ai

 [To share your insights with us, please write to sghosh@martechseries.com]