Digital asset exchange Coins.ph said Friday it exceeded $1 billion in trading volume since it was created.
“Exceeding the $1-billion threshold this year is a testament to the superior experience TradeDesk provides to our customers, and signifies the trust our growing user base has in Coins.ph,” said Coins.ph. chief executive CWei Zhou.
TradeDesk is the company’s personalized over-the-counter service for high net-worth individuals and institutional clients that want to trade cryptocurrencies and foreign currencies.
TradeDesk grew exponentially since its launch in November 2022. It is expected to outpace its current growth trajectory in the coming years, as cryptocurrency garners increased interest from retail and institutional investors.
TradeDesk’s performance just a year after its launch was fueled by its service, deep liquidity, rapid settlement and competitive rates, according to the company.
Its user base includes digital asset natives, import-export enterprises, remittance providers and e-commerce merchants who prefer the service due to institutional liquidity while it reduces friction costs.
TradeDesk also supports same-day settlement making cross-border transactions swift and efficient.
“Our customers value TradeDesk for its tailored trading experience, supported by dedicated account managers promptly addressing queries and providing quotes. We offer competitive rates without slippage – the quoted rate is the rate you secure. Once confirmed, we lock this in and provide fast settlement for our customers,” Zhou said.
Coins.ph is duly licensed and regulated by the Bangko Sentral ng Pilipinas (BSP), giving customers added security and confidence when using TradeDesk.
