Quidax is a centralized cryptocurrency exchange primarily focused on the African market, with availability in over 70 countries.

Key details about the exchange:

• Trading and Exchange: Quidax offers two main trading methods — Instant Swap and spot trading (order book). Instant Swap allows quick exchange between cryptocurrencies and fiat currencies (supports NGN and USD), as well as fiat-to-fiat conversions. On the spot market, users can place market and limit orders. The exchange supports around 75 cryptocurrencies, including ETH, LTC, and XRP.

• Security: Implements two-factor authentication (2FA), cold storage for user funds, data encryption, and compliance with AML and CTF regulations.

• OTC Desk: Available for large trades with a minimum of $300,000. The OTC desk offers privacy, reduced slippage, and personalized trade support. It supports multiple crypto-fiat pairs such as USD/USDT and NGN/USDT.

• API: Provides an API for developers and fintech companies to integrate exchange functions into third-party applications, build trading bots, and create analytics tools. The API offers low latency (~100 ms response time) and strong security.