Philippines’ cryptocurrency exchange Coins.ph revealed that its TradeDesk service has surpassed a trading volume of US$1 billion in 2023.
TradeDesk, launched in November 2022, caters to high net worth individuals and institutional clients, offering a personalised over-the-counter trading experience in cryptocurrencies and foreign currencies.
Its client base ranges from digital asset companies to import-export businesses, remittance providers, and e-commerce merchants.
The service provides institutional liquidity and reducing transaction costs, along with same-day settlement for cross-border transactions.
The service offers a wide range of digital assets, including USDT, USDC, BTC, and ETH, and also deals in major foreign currencies such as USD, EUR, GBP, SGD, and AUD.
TradeDesk has a minimum trade size of US$20,000 and supports various payment methods, including bank transfers, e-wallets, and the Coins.ph wallet.
Coins.ph is licensed and regulated by the Bangko Sentral ng Pilipinas (BSP).
“Exceeding the US$1B threshold this year is a testament to the superior experience TradeDesk provides to our customers, and signifies the trust our growing user base has in Coins.ph.
Our customers value TradeDesk for its tailored trading experience, supported by dedicated account managers promptly addressing queries and providing quotes,”
said Wei Zhou, CEO of Coins.ph.
