Our famed OTC Desk processes over ZAR7.5b in monthly volume and is testament to the sophistication of our trading products.
Getting set up on the OVEX OTC Desk is simple. See the below guide on how to get started:
Get started by simply creating an account on OVEX here. To trade volume over our Desk you must first achieve level 3 verification status. You can apply for level 3 verification on your OVEX dashboard. Additional KYC docs are required for organisations wanting to trade on the Desk. Once you have fully KYCd your account you can request a call-back from an OVEX Desk agent on the portal here. You may be asked for additional documentation dependent on your use case for the Desk.
Once you have signed up and our compliance team is happy – then the fun starts. You will be assigned a dedicated team of trading experts on an OVEX WhatsApp group. Here you will raise orders for immediate execution.
You can trade 24/7 by simply pinging your dedicated OVEX WhatsApp group with the details of your order.
It need not be long, you can simply say:
You: “I would like to buy 200 Bitcoin.”
Our Trader: “I can sell you 200 BTC at a price of R670 000 ZAR per Bitcoin.”
- Confirm trade
You choose whether or not you wish to buy/sell at the price offered. If you agree, the trade is confirmed, and the trader will credit your OVEX account with the specified asset.
- Complete trade
Once the OVEX OTC team has received authorization to execute the trade you will receive confirmation of the transaction via email
You can then access a full history of every trade made over the Desk on your OVEX Trade History dashboard