Settlement
Convert crypto and stablecoins to fiat, and back
XEROF operates as a Swiss crypto brokerage and settlement counterparty, converting stablecoins and other cryptoassets to fiat and back. Tier 1 liquidity passed through at cost, our fee shown separately on every confirmation.
How settlement works
- Cryptoassets: BTC, ETH, SOL. Stablecoins: USDC, USDT. Fiat: USD, EUR, CHF, GBP.
- Every quote is sourced from tier 1 institutional liquidity providers and passed through at cost. No spread, no mark-up.
- The XEROF fee is applied separately and openly on the execution price. Each confirmation shows the liquidity rate, the fee and the net amount.
- Fiat settles to a bank account in your name over Fedwire, SWIFT, SEPA, CHAPS or Faster Payments. Cryptoassets settle to your segregated wallet or an address you specify.
Assets, currencies and settlement rails
- Cryptoassets
- Bitcoin (BTC), Ethereum (ETH), Solana (SOL)
- Stablecoins
- USD Coin (USDC), Tether (USDT)
- Fiat currencies
- US dollar, euro, Swiss franc, pound sterling
- USD rails
- Fedwire and SWIFT
- EUR rails
- SEPA and SWIFT
- GBP rails
- CHAPS and Faster Payments
- Crypto delivery
- Your segregated wallet, or an address you specify
Settlement questions
- Which assets can I convert?
- Cryptoassets BTC, ETH and SOL, and the stablecoins USDC and USDT, against USD, EUR, CHF and GBP.
- How is my rate set?
- Every quote is sourced from tier 1 institutional liquidity providers and passed through at cost, with no spread and no mark-up. The XEROF fee is applied separately and openly on the execution price.
- What will the confirmation show?
- Each confirmation sets out the liquidity rate, the XEROF fee and the net amount, so the cost of the trade is visible on its own line.
- How does the fiat reach my bank?
- Fiat settles to a bank account in your name over Fedwire, SWIFT, SEPA, CHAPS or Faster Payments. Cryptoassets settle to your segregated wallet or to an address you specify.
- Is there a minimum trade size?
- Trade sizes are agreed at onboarding and confirmed in writing; each conversion is then executed in XEROF Online at the live rate from tier 1 liquidity.
- How is a conversion executed?
- You execute it yourself in XEROF Online at the live rate from tier 1 liquidity. The confirmation shows the rate, the XEROF fee and the net amount.
- Which blockchains are supported?
- Transfers settle on the networks supported for each asset at the time of the trade, confirmed with you before the transfer is made.
Where to next
- USDT to CHF rateLive indicative USDT/CHF rate and how to sell USDT for Swiss francs at size in XEROF Online, Swiss-regulated: bank settlement, one visible fee..
- USDT to GBP rateLive indicative USDT/GBP rate and how to sell USDT for pounds at size in XEROF Online, Swiss-regulated: bank settlement, one visible fee..
- USDT to EUR rateLive indicative USDT/EUR rate and how to sell USDT for euros at size in XEROF Online, Swiss-regulated: bank settlement, one visible fee..
- USDT to USD rateLive indicative USDT/USD rate and how to sell USDT for US dollars at size in XEROF Online, Swiss-regulated: bank settlement, one visible fee..
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- Open an accountApply online as a company or an individual.