Product Updates

Receive a StraitsX branded Ledger Nano S when you trade with StraitsX OTC!

April 27, 2022

The StraitsX OTC desk offers fee-free block trades of XSGD with other stablecoins including XIDR, USDC, USDP and BUSD. Trades start from 50,000 USD and receive your desired stablecoin direct to your StraitsX account or your preferred blockchain address.

Receive an exclusive StraitsX branded Ledger Nano S when you make a total trade of 500,000 USD within 2022.

Benefits of StraitsX OTC desk: 

Minimise fees & slippages

Avoid high gas fees and slippage compared to swapping your tokens on a centralised/decentalised exchange

Fast

Quick settlement times as OTC trades are executed and settled within the same business day.

Settle trades seamlessly

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.

Direct USD to USD stablecoins conversions

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. Trade settlement will occur within the same business day if the trade is confirmed before 2 pm.

Ready to get started?

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