Shakepay Introduces Crypto OTC Trade Desk in Canada

More from: | CoinJournal |
0

Shakepay Launches Crypto OTC Trade Desk

Shakepay, a Montreal-based crypto startup, has launched an over-the-counter (OTC) trading desk to serve high net-worth individuals, businesses and institutions in Canada looking to exchange large value of Bitcoin (BTC) and Ethereum (ETH).

Shakepay OTC was launched in response to the “overwhelming demand for a personalized service for large volume trading,” Jean Amiouny, CEO of Shakepay, said in a statement.

The service, open to transactions over CA$50,000 for BTC and ETH trading pairs, settles transactions in one business day and charges a 0.75% trading fee.

Shakepay, a federally-licensed money service business, partnered with a Schedule 1 bank to offer Shakepay OTC which had been in a pilot phase for 12 months before launching.

The

(...)

Read full article » https://coinjournal.net/shakepay-introduces-crypto-otc-trade-desk-in-canada/


About | CoinJournal |

CoinJournal brings you the latest Bitcoin, cryptocurrency and blockchain news from around the world. We pride ourselves on journalistic integrity which is reflected in the high quality of our content. High-quality journalism costs money and though we supplement the cost of running the site with limited adverts.

»Twitter: @coinjournal »Facebook: @coinjournalnews