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Celebrating $200 Million of Institutional Trading, NDAX Expands OTC Desk for Global InvestorsNDAX Wealth Offers Same-Day, Crypto-Fiat Transactions for High-Volume & Institutional Investors Worldwide. CALGARY, AB, Sept. 22, 2020 /CNW/ - National Digital Asset Exchange Inc. ("NDAX") is celebrating a milestone of $200 million in institutional trading with the expansion and re-branding of its over-the-counter (OTC) trading desk as NDAX Wealth. NDAX Wealth is a cryptocurrency OTC trading desk, tested and optimized to meet the needs of institutions (globally) and investors (in Canada) looking to trade $50,000 or more. NDAX Wealth offers seamless execution of high-volume block trades and gives access to a deep liquidity pool, industry-leading security, no price slippage, zero transaction confirmation, and same-day settlements against a range of cryptocurrencies and fiat currencies (CAD, USD, EUR, AUD). NDAX Wealth features are optimized to meet the needs of:
"With a superior level of concierge service provided around the clock, NDAX Wealth trading desk is designed to connect investors with deep liquidity pools, creating hands-off seamless execution while helping to ensure the most competitive and same-day transactions," Bilal Hammoud, CEO, President, & Founder of NDAX said. "NDAX believes that cryptocurrency and digital currency will play a major role in reshaping the future of our interconnected global economy. Institutional and professional traders (as per the Global Crypto Adoption Index ) have been the main adopters for 2020. NDAX works directly with these investors to arrange purchases and sales that are as unique as the needs of each client -- executing transactions with minimal fees, deep liquidity, and the privacy and autonomy our clients expect." NDAX Wealth provides a seamless and secure high-volume trading experience with the benefit of adedicated account executive to guide clients through initial consultations and each subsequent transaction. Other features include:
Hybrid crypto transactions "At NDAX, we believe that custody of assets should be held safely with their owners, and for that, we are committed to educating our customers on how to safely hold their crypto. The hybrid crypto transaction model will enable safe withdrawal of funds to the wallet of the user's choice automatically, without any intervention from the exchange, making it a safe non-custodial experience. For the members that still do not feel comfortable storing their crypto, NDAX continues to offer the best-in-class custody infrastructure," Hammoud said. Wide range of assets with a large liquidity pool Institutional-grade security with segregated crypto accounts NDAX Wealth, provides wealth management groups, hedge funds, and high-net-worth clients segregated Crypto-asset accounts with multi-governance infrastructure that provides users with full control over their portfolio of funds. Same-day settlements/segregated bank accounts Industry-leading regulatory compliance NDAX is one of Canada's leading crypto exchanges, offering 10 cryptocurrencies with several more soon to be announced. To book a meeting with one of NDAX's OTC account executives, set up a meeting here. About NDAX View original content to download multimedia:http://www.prnewswire.com/news-releases/celebrating-200-million-of-institutional-trading-ndax-expands-otc-desk-for-global-investors-301135342.html SOURCE National Digital Asset Exchange Inc. |