OVEX

OVEX is a crypto platform with an OTC desk for institutional and large private clients in Africa. It offers BTC/ZAR and crypto-to-crypto pairs, with personal order execution after KYC and official customer support channels.

OTC and FX

A separate African OTC desk combines digital assets and traditional FX under personal execution. Listed services are crypto OTC, FX, post-trade settlement and margin facilities. The stated fiat currencies are ZAR, NGN, KES and XOF, with USDT as the stablecoin. The minimum ticket is ZAR 250,000, with exceptions handled case by case. Large credit lines for settlement after the trade, and margin, are offered to qualifying clients.

Verification

OTC access requires Level 3 verification. Corporate clients should expect additional organisational documents and further checks that depend on the use case.

Who it suits

The desk fits payment companies, exchanges and treasuries that need to move between rand, West and East African currencies and dollar stablecoins. Pricing, spreads, credit terms and licensing are not set out in the profile and should be requested from OVEX before sizing a facility.