Coins.ph Offers Coins Trade Desk for High Net Worth Traders
Coins.ph launches Coins Trade Desk that will enable traders to trade virtual assets at a lower spread within minutes.
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Editing and Additional Reporting by Nathaniel Cajuday
Along with the launch of its revamped Coins Pro, crypto exchange Coins.ph also released its new Coins Trade Desk, a premier service for high net worth and volume users and traders that enables them to trade virtual assets at a lower spread within minutes.
How to Trade at Coins Trade Desk?
According to Coins.ph, trades must be done through a registered Coins.ph account to the Coins.ph Trading Desk account for fiat payments, which will be specified by Coins.ph. While cryptocurrency payments must be sent to the wallet address/Coins.ph address specified by the Coins.ph Trading Desk.
Then, to place a trade, a user may initiate a trade by requesting a quote in the authorized and official channel. The request must indicate the quantity or trade size of the fiat currency or cryptocurrency to be bought or sold.
However, once a quote or rate has been accepted by the user, the trade becomes final and binding for the user. Coins.ph only allows the user to refresh, cancel, or terminate a trade request before its execution is confirmed.
All 24 tokens available on Coins.ph are also accessible through its Trade Desk, such as BTC (Bitcoin), ETH (Ether), BCH (Bitcoin Cash), XRP, USDC (USD Coin), USDT (Tether), AAVE, APE (Apecoin), AXS (Axie Infinity Shard), among others.
The complete list is available here. To register for Coins Trade Desk services, contact business@coins.ph.
Where will my Coins OTC Trade Desk settle?
The exchange clarified that the settlement will only be done via the user’s registered Coins.ph account. The Coins.ph Trading Desk will not send cryptocurrency to an external wallet address, or deposit/transfer PHP to any other bank account or e-wallet.
Operational Hours:
Standard Business Hours:
Monday to Friday (excluding holidays)
9:00 AM to 4:00 PM Philippine Standard Time
UTC +8:00
Off-Market Hours:
Monday to Friday (excluding holidays)
4:00 PM – 9:00 PM Philippine Standard Time
UTC+8:00
This article is published on BitPinas: Coins.ph Offers Coins Trade Desk for High Net Worth Traders
Disclaimer: BitPinas articles and its external content are not financial advice. The team serves to deliver independent, unbiased news to provide information for Philippine-crypto and beyond.
