TLDR: We can save upto 90% of trading fee you pay to liquidity providers (e.g. global offshore exchanges) with our OTC execution
Problem
As an exchange or retail broker, if you’re sourcing your liquidity from off-shore exchanges e.g. Binance, Bybit or OKX then you might be paying millions in fee every month.
Solution
CoinDCX provides a unique OTC solution wherein we can save up to 90% of trading fees and spreads for you
Quant: We apply quantitative research to efficiently execute your orders at better price (usually maker) than what your user sees on the books while avoiding slippage in turn producing deep liquidity access for your end-users and cheaper liquidity costs for you (exchanges and brokers)
Connectivity: We stream order-books of multiple exchanges and place orders wherever we get the best price. We leverage our proprietary low-latency infrastructure and orderbook heuristic studies to provide you fill from multiple venues. That said, we can also choose to stick with one exchange. For e.g. at CoinDCX we stream Binance’s books for perpetuals.
Higher VIP tier: We leverage our higher VIP tiers to provide you with higher fee savings
Your users and yours incentives are aligned Best Taker Price: Users anticipate instant execution, and CoinDCX consistently ensures the best available taker price from the current book Spread Capture and Maker Rebates: Exchanges aim to minimize taker fees while capturing the spread. CoinDCX effectively saves the spread while placing maker order and saving taker fees as well, which are fully captured by the exchange or retail broker Features
Instruments supported : Spot and Perpetuals with all Binance/Bybit/OKX Pairs Funding rates match with exchanges’ funding rates in case trading perpetuals No front-running on trades. CoinDCX is partner in your savings. All assets are secured. We use Fireblocks as our custody partner. $100Bn+ volume already recorded Backdrop
As an exchange and broker, we understand the high costs of sourcing liquidity to fire up the engine hence we built this for our use case and now, we’re outsourcing it for our peers in different geography. The system is always fair for end-users, producing fair taker (best bid/offer) while it expands the savings pool for the exchange. Win-Win for everyone.
About CoinDCX
CoinDCX is the largest exchange in India with more than 15Mn users and it last year to expand in MENA region. Here’s a quick snapshot about the company
3 countries and 4 licenses : Fully regulated and compliant $1Bn+ Assets under Custody 99% Assets in cold-wallet custody 07 years since Inception $15Bn+ Monthly Retail Volume CoinDCX is backed with by marquee investors Contact