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ZebPay launches electronic OTC desk for HNIs

October 05, 2021

ZebPay launches electronic OTC desk for HNIs
Crypto exchange ZebPay on Monday launched India’s first electronic over-the-counter (OTC) desk for large volume traders and institutional investors globally. The OTC desk aims at HNIs, trading firms, and corporates to offer ‘one-click execution’ of large crypto trade orders instantly at tight spreads with zero fees and minimal slippage, the organization said. 
 
The access is currently available via API integration or through an easy-to-use trading interface that enables automated trading facilities for all users.

The company intends to address the liquidity crunch in crypto assets with the desk as it gives access to round-the-clock deep liquidity to a range of cryptocurrencies. 

“With ZebPay OTC Desk, we’re responding to the growing institutional interest in cryptocurrency around the world, including in India. Like other ZebPay products, the OTC Desk also provides a simplified and optimized trading experience coupled with personalized support, 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,” said Avinash Shekhar, Co-CEO, ZebPay in a statement. 

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