EFX LIQUIDITY MODULE

Fiat-to-crypto and even crypto-to-crypto transactions imply high transaction cost as well as high counterparty risk.
Our solution offers trouble-free hedging against a risk exposure to crypto assets.
Low cost, low risk, easy to integrate.

Get in touch!

ZERO TRADING FEES

No trading or other hidden fees; get what you see

REALLY GOOD RATES

Even better than on leading crypto exchanges

VARIOUS CRYPTOASSETS

Bitcoin, Ethereum, XRP, Litecoin, USDC etc. and major fiat currencies

LOW-LATENCY API

Get access to the true liquidity via supported APIs (REST, WS)

LOW COST POSSIBLE

Optimised business process to keep settlement cost low

24/7/365 LIQUIDITY

Round-the-clock system with the 99% expected uptime

HOW DOES IT WORK?

The process is really simple

MARKET MAKERS >

provide liquidity across a number of supported crypto-crypto and crypto-fiat currency pairs while maintaining narrow spreads

< EFX CORE >

is our communication software that allows smooth interaction between takers and makers, provides API, reporting and controls for risk limits

< END USERS

connect to eFX core and take liquidity in order to manage their treasury, hedge risk exposure to crypto assets or process a transaction

DO I NEED IT?

Yes, if...

PURE HEDGING

You accept payments for goods and services in cryptocurrencies or pay your staff or vendors in crypto

EXCHANGE BUSINESS

You need to convert fiat-to-crypto (or crypto-to-fiat) and crypto-to-crypto on risky crypto exchanges placing your money at risk and paying high fees

TRANSACTION PROCESSING

You process crypto transactions and need to manage your treasury position by OTC or on-exchange trading

Supported crypto assets: BTC, BCH, ETC, ETH, LTC, XLM, XRP, XTZ, ZEC and counting.
Supported stable coins: USDC, DAI, USDT.
Supported fiat currencies: EUR (SEPA).

PRODUCT TIMELINE

INITIAL IDEA

April 2019

The idea of a trading non-custodial venue with aggregated crypto-liquidity was initially discussed by the Finery team.

DRAFT DESIGN

June 2019

We spent May and June on getting the first feedback from potential users of the platform. Participating in Blockchain Summit in Malta and Consensus conference in New York has made it possible to finalize the product's design.

EFX CORE

September 2019

In the beginning of September, the matching engine that enables peer-to-peer trading was ready for the integration with a pilot market maker and a pilot client.

LIVE TRADING

November 2019

Official launch of the beta version. The first live trade took place on the 1st of November. The first settlement was seamless and occurred a couple of days later.

STABLE COIN

December 2019

A first stable coin - Centre's USDC - was added to the the list of supported instruments in response to the demand from customers.

MORE COINS

March 2020

We have added new coins (ETC, XLM, XTZ, ZEC) and a new stable coin DAI as well as ETH/EUR, BCH/EUR, LTC/EUR, XRP/EUR trading pairs to meet the demand from our users.

AUTOSETTLEMENT

April 2020

Finally, we have released a non-trading API that allows settlement between the trading parties in a completely automated way.