Product Updates

StraitsX OTC Desk is now live in Indonesia

March 28, 2022

We’re excited to share that the StraitsX OTC desk is now available in Indonesia. We offer deeper liquidity and a private and personalized service to institutions and high net-worth individuals needing to conduct large orders.
The StraitsX OTC desk offers fee-free block trades of XIDR with other stablecoins including XSGD, USDC, USDP, and BUSD. Trades start from IDR 500,000,000 and receive your desired stablecoin direct to your StraitsX Account or your preferred blockchain address. 

Minimise fees & slippages Fast Settle trades seamlessly

Direct USD to USD stablecoins conversions

Avoid high gas fees and slippage compared to swapping your tokens on CEX/DEX Quick settlement times with trades executed and settled within the same business day. Deposit funds from your linked corporate bank account into your StraitsX business account to fund your OTC trade. Trades will be settled directly in your StraitsX business account.

We offer direct conversions from USD to USDC, USDP and BUSD. Send us the amount of fiat (USD) you would like to convert to the USD stablecoin of your choice and we will send it to your blockchain address.

Simply request a quote via our OTC page and receive a trade quotation within one business hour. Trades settlement will occur within the same business day if the trade is confirmed before 2pm.

Ready to get started?

Get, mint, and redeem StraitsX stablecoins, manage payments, view transactions, and more.