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

‍The StraitsX OTC giveaway campaign is back again for the 2023 year, with the following prizes up for grabs:

• Receive exclusive StraitsX merchandise when you make a first trade of 50,000 USD and above this year.
• Receive a limited edition StraitsX Ledger Nano S when you trade over 500,000 USD in the 2023 year.

Why you should use StraitsX OTC desk: 

• Avoid high gas fees and slippage when you trade with StraitsX OTC, as compared to swapping your tokens on a centralised / decentalised exchange.
  
  
• Quick settlement times as OTC trades are executed and settled within the same business day.
  
  
• Settle trades seamlessly by depositing 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.

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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 SGT, Singapore time.

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