Domestic cryptocurrency trading exceeded $1 billion in volume year-to-date, said Coins.ph using data from its TradeDesk service. TradeDesk is the company's personalized over-the-counter service for high-net-worth individuals and institutional clients who want to trade cryptocurrencies and foreign currencies.

Launched in November 2022, TradeDesk has grown exponentially since then, reaching significant user growth and volume milestones. As cryptocurrency garners increased interest from retail and institutional investors, TradeDesk is primed to outpace its growth trajectory in the coming years.

"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 Wei Zhou, CEO of Coins.ph.

TradeDesk's impressive performance just a year after its launch is fueled by unmatched service, deep liquidity, rapid settlement, and competitive rates. Its clientele includes digital asset natives, import-export enterprises, remittance providers, and e-commerce merchants.

These clients prefer TradeDesk as it provides institutional liquidity and 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 your secure rate. Once confirmed, we lock this in and provide fast customer settlement," Zhou added.

Among TradeDesk's extensive digital assets, retail and institutional customers favor popular cryptocurrencies such as USDT, USDC, BTC, ETH, and more. Additionally, TradeDesk extends its services beyond cryptocurrencies, encompassing foreign currency exchange, including USD, EUR, GBP, SGD, AUD, and other major fiat currencies.