Cryptocurrency buying and selling within the Philippines has surged past the $1 billion mark year-to-date, based on knowledge offered by Cash.ph by means of its TradeDesk service. The TradeDesk platform, launched in November 2022, caters to high-net-worth people and institutional shoppers in search of a customized over-the-counter service for buying and selling cryptocurrencies and foreign currency.
In only one 12 months since its launch, TradeDesk has witnessed exceptional progress, attaining important milestones in each person base and buying and selling quantity. Because the cryptocurrency market positive aspects traction amongst each retail and institutional buyers, TradeDesk is poised to proceed its upward trajectory within the years to come back.
Wei Zhou, CEO of Cash.ph, highlighted the achievement, stating, “Exceeding the $1 billion threshold this 12 months is a testomony to the superior expertise TradeDesk gives to our clients and signifies the belief our rising person base has in Cash.ph.”
TradeDesk’s success could be attributed to its dedication to unmatched service, deep liquidity, fast settlement, and aggressive charges. The platform caters to a various clientele, together with digital asset lovers, import-export companies, remittance suppliers, and e-commerce retailers.
Purchasers choose TradeDesk on account of its capacity to offer institutional liquidity, lowering friction prices within the buying and selling course of. The platform additionally stands out with its assist for same-day settlement, making certain swift and environment friendly cross-border transactions.
Wei Zhou emphasised the distinctive options that contribute to TradeDesk’s reputation, stating, “Our clients worth TradeDesk for its tailor-made buying and selling expertise, supported by devoted account managers promptly addressing queries and offering quotes. We provide aggressive charges with out slippage — the quoted charge is your safe charge. As soon as confirmed, we lock this in and supply quick buyer settlement.”
TradeDesk presents a variety of digital property, with well-liked cryptocurrencies like USDT, USDC, BTC, ETH, and extra being favored by each retail and institutional clients. Moreover, the platform extends its providers past cryptocurrencies, encompassing overseas foreign money alternate, together with USD, EUR, GBP, SGD, AUD, and different main fiat currencies.
Because the cryptocurrency panorama continues to evolve, Cash.ph and its TradeDesk service stand on the forefront, offering a dependable and environment friendly platform for customers to have interaction in digital asset buying and selling and overseas foreign money alternate.