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OSL Review
Access high liquidity digital assets with this institutional trading platform.
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific
provider, service or offering. It is not a recommendation to trade.
Learn more about OSL
What is OSL?
Backed by BC Technology Group, OSL is Asia’s largest digital asset platform, providing prime brokerage, custody, exchange and SaaS services for institutional clients and professional investors. Its services include OTC, iRFQ and electronic trading services, offering traders unparalleled access to deep liquidity pools, fast transaction settlement and advanced wallet security.
OSL is currently operating in Singapore, Hong Kong and Americas.
Which fiat and cryptocurrencies are supported?
- Supported fiat currencies: SGD, USD, AUD, HKD, EUR
- Supported cryptocurrencies: Approximately 19 cryptocurrencies
Which payment methods are accepted?
- Bank Wire
- Signet transfer
What’s it like to use OSL?
1. Getting started
Find all that you need to know to get started on the home page.
2. Exchange
Set limit orders and trade popular cryptocurrencies with ease.
3. Market insights
Stay on top of the latest investment news.
4. OSL signup
Click on 'Register now' and input your personal details to get started.
Fees and limits
All transactions made on OSL will incur a fee:
- Maker orders. There’ll be a 0.25% trading fee when you place an order that is adding liquidity to the order book. This means that your sell order is higher in price than the highest buy order
- Taker orders. There’ll be a 0.35% trading fee when you place an order that’s executed instantly by a response order in the order book.
How fast will my funds be available?
Deposits
Varies
Fiat deposit times typically take around 2 to 3 business days, depending on the currency and bank procedures.
Cryptocurrency deposits can take a few minutes, depending on the cryptocurrency.
Withdrawals
Varies
Fiat currency withdrawal typically takes 2 to 3 business days, depending on the currency and bank procedures.
Cryptocurrency withdrawals can take a few minutes, depending on the cryptocurrency.
Is OSL safe to use?
- Regulation. OSL operates as an exempt entity from the Monetary Authority of Singapore (MAS) under the Payment Services Act (Exemption for Specified Period).
- Asset protection. Clients’ digital assets are stored in both hot wallet and cold storage. Only a fraction of digital assets required for operational purposes is maintained in an online (hot) wallet. The vast majority of digital assets are held offline in cold storage.
- Security features. OSL recommends two-factor authentication (2FA) as a second layer of account security.
How do I create an account at OSL?
To create an account, simply visit the OSL website and click on the ‘Register’ button. Be sure to check that you’ve met all requirements and have the required documents on hand before getting started.
Upon submission of the documents, OSL’s client onboarding team will take approximately 1 business day to complete your account application.
Required documents
- Valid passport
- A selfie holding onto your passport
- Proof of residential address issued within the last 3 months (e.g. bank statement and utility bill)
Step by step account creation guide
What else do I need to know about OSL?
In 2020, OSL signed as a technology client for DBS Bank’s digital asset platform. In June 2021, OSL’s parent company, BC Technology Group (stock code: HK 863) also raised approximately HK$543.2 million ($70 million) from Singapore’s sovereign wealth fund GIC through a private placement.
In a nutshell
Pros
- Deep liquidity pool. OSL’s exchange aggregates global liquidity from its professional pool of counterparties across markets for a variety of tokens, including BTC, ETH, USDT, LTC and BCH.
- Institutional-grade standards. In addition to its industry-leading AML and KYC processes, OSL also provides one-click trading through a user-friendly interface and supports both FIX and REST API connectivity that allows easy integration and customisation.
Cons
- Limited cryptocurrency selection. OSL offers a smaller selection of cryptocurrencies compared to other major exchanges.
- Not available to retail customers. OSL’s products and services are only available for institutional clients and accredited investors.
Ready to sign up?
Back to topCompare OSL against other exchanges
Frequently asked questions
Limited to accredited investors only
OSL’s products and services are only available to Singapore residents who qualify as an accredited investor (AI) based on the requirements set out by the Monetary Authority of Singapore.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly
volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of
future performance. Consider your own circumstances, and obtain your own advice, before relying on this information.
You should also verify the nature of any product or service (including its legal status and relevant regulatory
requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may
have holdings in the cryptocurrencies discussed.
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