Settlement

Settlement refers to the actual exchange of funds or cryptocurrency on a specified date after a trade is completed. This process ensures that the seller delivers the sold asset, while the buyer transfers the agreed payment.

LionOTC Settlement Process

At LionOTC, we emphasize both efficiency and security when it comes to our settlement processes. Here’s an overview of how we manage this essential stage:

1. Prompt Settlement: Upon finalizing a trade and receiving the client’s funds, whether in fiat or cryptocurrency, our dedicated team ensures swift settlement. This guarantees that sellers receive their due payments without delay, while buyers quickly obtain their assets.
2. Risk Management: Ensuring the safety and legitimacy of the assets involved is paramount. We employ Know Your Transaction (KYT) technology to monitor the origin and flow of cryptocurrency assets, ensuring that all transactions align with our stringent anti-money laundering (AML) policies.
3. Transparency: Clients are never in the dark about their trades. We maintain full transparency throughout the settlement process, enabling clients to track and verify their trades and settlements at all times.

With LionOTC, clients can expect a seamless, secure, and efficient settlement experience, upholding the highest standards of professionalism and compliance.