• BTC $ 30365.7650
  • ETH $ 2075.6579
  • USDT $ 0.9997
  • USDC $ 1.0011
  • BNB $ 305.9405
  • XRP $ 0.4355
  • ADA $ 0.5736
  • SOL $ 56.7777
  • BUSD $ 1.0016
  • DOT $ 11.0784
  • DOGE $ 0.0900
  • AVAX $ 34.5130
  • WBTC $ 30366.8402
  • TRX $ 0.0708
  • SHIB $ 0.0000
  • DAI $ 1.0008
  • MATIC $ 0.7101
  • CRO $ 0.1996
  • LTC $ 70.5727
  • NEAR $ 6.8255

Wafa OTC Desk

  • Over-the-counter (OTC) trading takes place off the open WAFA exchange.
  • We offer deeper liquidity and a private, more personalized service to institutions and high net-worth individuals needing to fill large orders that might be too disruptive if placed on open markets at the exchanges.
  • Whether you are trading blocks of $ 100,000, € 10,000,000 or 2,000 Bitcoin, the OTC desk will provide you with execution and settlement services that are discreet, secure and ultra-competitive.
  • Features offering more than secure and discreet transactions and settlement.
  • Expert market insight
  • Members of the desk have vast trading industry experience, having previously excelled at major financial institutions. As an OTC client you’ll receive daily trade and market recaps, as well as expert desk opinions on the current crypto market.
  • 1-on-1 Service
  • Includes superb, high-touch service at every step, from the initial expert consultation all the way through to trade execution, with trade reporting and market insights. We work with you throughout the process to answer all of your questions with the goal being to build a comfortable, long-lasting relationship.
    1. US Dollars (USD)
    2. Euros (EUR)
    3. TURKEY LIRA
    4. Canadian Dollars (CAD)
    5. Japanese Yen (JPY)
    6. British pounds (GBP)
    7. Swiss francs (CHF)
    8. Australian Dollars (AUD)
    9. Digital assets:
    10. Bitcoin (BTC)
    11. Ethereum (ETH)
    12. Tether (USDT)
  • In addition to OTC bitcoin trading, the WAFA OTC desk can support all fiat currencies and digital assets currencies listed on the WAFA Exchange:
  • Fiat currencies:

  • Sign up get started by simply emailing otc@wafacoin.co with your inquiry.
  • When you decide you want to buy or sell a large amount of digital assets over the counter, begin by approaching the Wafa OTC desk and completing the on boarding documentation.
  • On board to become an OTC client you must go through the standard Wafa on boarding process, obtaining the highest level of verification, to enable large transactions. All OTC clients are required to provide various types of documentation such as a Government ID, Proof of Residence and Proof of Income.
  • Communicate Open up a line of communication, via chat, text or voice call with the trade-desk about your preferred trade. It doesn’t have to 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 market USD per .”
  • Confirm trade You choose whether or not you wish to buy at the price offered. If you agree, the trade is confirmed, and the trader will ask for a deposit address where they can send the purchased assets.
  • After confirming the trade, wait for a confirmation of the transaction via email.
  • In this email you’ll find wire instructions for the OTC bank account, where you will wire the funds.
  • Complete tradeOnce the Wafa OTC receives the wire, our trader will send the assets to the specified wallet address, along with a confirmation email to your inbox, and the trade is complete.
  • Terms and Eligibility
  • The minimum order size is $ 50,000 but exceptions can be discussed on a case by case basis.
  • Wafa OTC does not custody assets on behalf of trading counterparties.
  • Eligibility for OTC trading are subject to AML / KYC and other requirements.

Step 1. Preparations

Before starting the OTC trading, please complete the KYC verification and bind the payment method as required, you can find this item in the Settings page from the navigation bar.
In order to protect both parties from financial risks, we require buyers and sellers to use real-name and bound payment method.


Step 2. Open the OTC Trading Floor

  1. In the navigation bar of the website, find the “OTC” button and click to enter the OTC trading floor;
  2. At the top of the page, you can filter the trading type, cryptocurrency type, and fiat type;
  3. By filtering the target amount, location, or payment method, the system will list ads that meet your requirements automatically;

For Example:

  1. Target amount: 0.5 BTC;
  2. Fiat Currency type: USD;
  3. Location: United States;
  4. Payment: PayPal;

Step 3. Select an ad and create an order

  1. Each advertisement displays the price, amount, purchase limit, supported payment methods. So that you can find the most reputable Buyer and the best price.
  2. Select an advertisement and click “Sell BTC“. You can see the remarks left by the Buyer. Please observe the Buyer’s remarks carefully.
  3. In the details of the ad expansion dialog, enter the amount of fiat currency or cryptocurrency purchased and confirm the price, and then click “Sell BTC” to create an order to the Buyer.

In this example:

I need to enter “0.5″ BTC in the “You Sell” box and click “Sell BTC” to create a new order.


Step 4. Waiting for payment

  1. After placing an order, you will enter the order details page. The page shows the amount of fiat currency that the Buyer needs to pay you and the payment method of the Buyer.
  2. In the chatbox of the page, you can discuss the specific details of the order or handle some special situations with the Buyer.
  3. Please be patient and wait for the payment. Every order has a countdown to the validity period. If the Buyer has not marked the order as “Please check the payment” at the end of the countdown, the order will be canceled by the system and your 0.5 BTC will automatically unlock to your account again.

Tips

Please rest assured that your cryptocurrency will be locked on the platform until you confirm to release the cryptocurrency to the Buyer.


Step 5. Check the payment and complete the order.

  1. After the Buyer completes the payment, please check whether the Buyer’s payment has been received.
  2. Please carefully verify whether the amount and the Buyer’s real-name information are consistent with the page display. If it’s not, please confirm with the Buyer, or initiate an appeal so that the customer service can help you solve the problem.
  3. After confirming receipt of the payment, please click “Confirm And Release” in time. This will release your Buyer from the locking status to the Buyer and complete the order.

In this example:

I need to check my PayPal account to confirm whether I have received 500 USD from the Buyer’s PayPal account. “And then, I need to click” Confirm And Release

General Details

  1. Registered Company Name (As it appears in the Certificate 1. of Incorporation)
    • Registered Company Address
    • Business Operation Address (if different than above)
    • Company Telephone No.
    • Company Email Address
    • Jurisdiction of Incorporation
  2. 25%+ Ultimate Beneficial Shareholders
    • Full Legal Name
    • Position Held
    • Control Percentage
    • Mobile Number
    • Email Address
  3. Documents Upload
    1. Relevant certificates of company registration issued by the government.
    2. Valid Business Registration Certificate
    3. Register of Directors/Officers
      • The list of directors or director appointments filed to the government agencies for company registration.
      • For Hong Kong companies, please provide Incorporation Form (NNC1) or Annual Return (NAR1).
      • For Cayman Islands companies, please provide Register of Members, Directors, Officers, Transfers and Changes.
      • For BVI companies, please provide Director Registration Certificate. Register of Shareholders.
    4. Structure chart
      • If the holding structure is more than one level, provide the shareholder structure endorsed by the government.
      • For Hong Kong companies, please provide Incorporation Form (NNC1) or Annual Return (NAR1).
      • For Cayman Islands companies, please provide A booklet of Share Certificates.
      • For BVI companies, please provide Stock Certificates and Stock Registration Certificate.
    5. Provide the passport photocopy of directors and 25%+ Ultimate Beneficial Shareholders.
      • Multiple documents can be uploaded, passports must be valid for more than 6 months. -25% ultimate beneficiary in shareholding refers to a natural person who directly or indirectly holds more than 25% of the shares.
      • In addition to passports, clients from mainland China can also provide both sides of their Chinese ID card. Clients from Hong Kong can provide their Hong Kong ID card. Only passports can be accepted as proof of identity for clients from other countries.
    6. Memorandum and Articles of Association
    7. Provide the proof of existing registers address and business address.
      • Relevant documents dated within 3 months with names and address information of clients issued by the government or large institutions, such as property bills, financial institution letters, etc.
      • House lease contracts can be accepted.
    8. Provide the address proof of directors and 25+ Ultimate Beneficial Shareholders
      • Relevant documents dated within 3 months with names and address information of clients issued by the government or large institutions, such as property bills, financial institution letters.
      • Clients form Mainland China can also provide the front and backsides of ID card or residence booklet as the proof of address.
      • Clients form Korea can also provide a residence permit as proof of address.
      • House lease contracts can be accepted.
  4. Bank Account Information
    Please note that the beneficiary name of your bank account must match the name on your profile; we do not accept third-party payments.
    • Beneficiary Name
    • Beneficiary Account
    • Bank Name
    • Bank Address
    • SWIFT
    • ABA ( Optional )
    • Beneficiary Address
    • Expected Transaction Size Per Trade
    • Expected Average Monthly Volume
    • Other information

Contacts

Exodus Europe ITD Company

DUERRE TEKNOLOJİ COMPANY

WAFACOIN Exchange OFFICE