24 Exchange offers Bitcoin and Ethereum NDFs from a diverse group of liquidity providers, solidifying 24X as the best source of electronic BTC and ETH NDF liquidity.
Streaming BTC and ETH NDFs
Contracts following the 1st and 2nd CME future
Tightest bid-offer spreads
24 Exchange offers a unique “central dealer” model in Crypto Spot. This model, where all counterparties face 24 Exchange Broker LTD, allows for seamless execution and settlement of crypto.
Aggregation of Quotes and Order Book, configured to create a liquidity pool uniquely tailored by size, spread, asset.
No prefunding – assets are not held by 24 Exchange, collateral within a participant’s own custody can be used to create a real time, dynamic credit line on 24 Exchange.
24 Exchange is Integrated to the Fireblocks, ZeroHash and FXCH wallet infrastructure; other settlement solutions are being onboarded and prioritized based on demand.
Settle on a daily basis between 4 p.m. and 5 p.m. EST daily with intra-day netting ensuring limited settlement risk and minimal capital use.
24 Exchange is operated by 24 Exchange Bermuda Limited and 24 Exchange Broker Limited which are regulated by the Bermuda Monetary Authority (BMA) for the purposes of conducting Digital Asset Business, pursuant to the Digital Asset Business Act.