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Introducing Fipto eOTC: Instant, Automated Currency Conversion

Introducing Fipto eOTC: Instant, Automated Currency Conversion

Wan Nur Irdina EYMAN
September 10, 2024
3min

In today’s fast-paced financial world, speed, efficiency, and flexibility are more critical than ever. Fipto’s new eOTC feature — electronic over-the-counter trading — offers a game-changing solution for businesses to convert currencies (both fiat and crypto) directly in-app, with instant quotes and settlement.

How eOTC Works:

  1. Select a Pair: Choose the currencies you want to convert — whether it's crypto to fiat, crypto to crypto, or fiat to crypto.
  2. Get a Real-Time Quote: Fipto aggregates rates from multiple liquidity providers to ensure you get the best price.
  3. Trade Instantly: Confirm your transaction with a few clicks and receive your funds immediately in your Fipto wallet.

What are the advantages of eOTC?

  • 24/7 Access: Convert currencies anytime, without being restricted by market opening hours.
  • Competitive Rates: eOTC provides the best rates by aggregating quotes from multiple sources, saving you the trouble of searching for the most favourable deal.
  • Instant Decisions, Faster Actions: Respond quickly to market changes with real-time conversions, eliminating friction and delays.
  • Flexible Treasury Management: Manage your financial assets with agility, making last-minute changes to maximise opportunities.
  • Guaranteed Rates and Single-Transaction Conversions: Avoid fragmented settlements with single-block, high-volume conversions, ensuring smooth and cost-effective transactions.

Who is eOTC for?

  • Company Owners and CFOs: Simplify complex treasury operations with instant settlements and the ability to manage multiple currencies on-the-go.
  • Wealth Managers and Hedge Funds: Capitalise on market opportunities with instant access to the best rates, without delays.
  • Global Businesses: Seamlessly convert and move money across borders, whether dealing with suppliers, customers, or global subsidiaries.

Empower Your Financial Operations with eOTC

Begin optimising your business payments and currency management with Fipto. Set up your account in minutes, and experience seamless, fast, and efficient currency conversion with eOTC. Whether you need to make strategic financial decisions quickly, handle large transactions efficiently, or ensure smooth international operations, eOTC is designed to meet your needs.

For more insights and details, visit our FAQ page or get in touch with us to start leveraging eOTC for your business today.

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September 10, 2024

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