- Coins.ph’ TradeDesk is a specialized platform for Level 3 verified users allowing high-volume trades with a minimum amount of ₱1 million.
- It offers convenient over-the-counter trading for cryptocurrencies and foreign currencies with competitive spreads and quick execution.
- The platform supports trading for all tokens listed on Coins Pro, including USD and PHP pairs, as well as various foreign currencies such as EUR, GBP, JPY, SGD, and AUD.
Local cryptocurrency wallet and exchange Coins.ph’ over-the-counter platform to trade cryptocurrencies – Coins TradeDesk – now supports multiple foreign currencies.
In a statement, the firm disclosed that Coins TradeDesk is a specialized service catering to Level 3 verified users, allowing them to conduct high-volume trades with a minimum trade amount of ₱1 million. The service provides users with the ability to trade cryptocurrencies and foreign currencies, with a competitive spread and quick execution, the company stated.
Coins TradeDesk users have several exclusive benefits, including a dedicated account manager who streamlines the sign-up and trading process.
Coins.ph asserts that a key advantage of using Coins TradeDesk is the ability to trade cryptocurrencies without experiencing execution slippage. The company said the platform offers competitive pricing across a wide range of tokens, ensuring that users can execute their trades at favorable rates, minimizing any potential slippage.
Further, Coins TradeDesk supports trading for all tokens listed on Coins Pro, against either the US dollar or Philippine peso. It also supports foreign currencies, including but not limited to Euro (EUR), the British pound (GBP), the Japanese yen (JPY), the Singapore dollar (SGD), and the Australian dollar (AUD).
Moreover, users can inquire about the availability of other tokens not listed on Coins Pro through the Coins TradeDesk channel.
Other Coins.ph Features and Services
In June, the firm launched an affiliate program to engage businesses and community leaders in the industry. Coins TradeDesk is also now part of this program.
The firm also has Coins Pro, an order book crypto trading platform that allows users to buy cryptocurrencies from sellers who have placed orders at prices they specified.
In late 2022, Coins.ph launched Coins Arcade, an in-app game platform that enables users to engage in both web2 and web3 gaming and earn tokens in the process.
In its mid-year review, Coins.ph shared that its goals for H2 2023 are to grow Coins Arcade partners, list more tokens on Coins Pro, and explore yield-earning opportunities in Web3.
Recent Coins.ph Initiatives
Coins.ph recently met with the Cybercrime Investigation and Coordinating Center (CICC) to strengthen its app’s Know Your Customer (KYC) processes, with a focus on combating and preventing fraud on the platform.
Last July, UnionBank and Coins.ph partnered to improve crypto accessibility for Filipinos. UnionBank clients get preferential rates on Coins.ph services, including payments, remittances, and crypto trading. The partnership is available through UnionBank’s DBS Referral Program.
Last June, Coins.ph and Ownly met with the DTI Region V Office, Albay LGU, local business owners, and Bicolano startup founders to discuss the potential of integrating blockchain technology in the region.
In May, the firm teamed up with Kookoo Crypto TV to provide support for $RON validator nodes. This partnership allows users to easily buy and sell $RON directly on Coins Pro and delegate them, earning rewards for participating in blockchain validation.
This article is published on BitPinas: Coins.ph Over-The-Counter TradeDesk Now Supports Foreign Currencies
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