Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
FinchTrade, Electrocoin partner to deliver fixed-rate crypto-fiat exchange - CoinJournal
Electrocoin processes trades via FinchTrade’s API roughly every ten minutes.
Individual transactions range from €10 to several hundred thousand euros.
The net settlement runs two to three times per day.
Electrocoin, a Croatian crypto-fiat exchange operating since 2014, has formalised a liquidity partnership with FinchTrade, a Zug-based OTC desk, to eliminate price exposure between the moment a client confirms a rate and the moment the underlying crypto asset settles.
The arrangement addresses a structural problem common to retail crypto platforms: the gap between rate confirmation and asset receipt, a window during which any price movement falls on the exchange’s balance sheet.
How it works
Electrocoin processes trades via FinchTrade’s API roughly every ten minutes.
Individual transactions range from €10 to several hundred thousand euros, with net settlement running two to three times per day.
The exchange serves retail clients converting crypto to euros and merchant clients accepting “crypto payments” at point-of-sale — both segments where rate certainty is a stated differentiator.
FinchTrade, founded in 2021, reports processing billions in annual exchange volume across 30-plus countries.
The problem it solves
Before the partnership, Electrocoin sourced liquidity from centralized exchanges — a model that made fixed-rate commitments difficult to sustain.
On centralized venues, execution requires the asset to arrive first.
For a platform that competes on rate certainty — including for high-value retail transactions such as crypto-financed property and vehicle purchases — that sequencing created direct market risk on every trade.
Under the new model, Electrocoin confirms a fixed euro rate to the client upfront and settles the position with FinchTrade after the fact.
FinchTrade absorbs the interim exposure. Electrocoin’s API connection executes trades approximately every ten minutes; settlement nets down two to three times per day.
Transaction sizes range from €10 to several hundred thousand euros.
In their own words
“Before FinchTrade, we used only centralized exchanges,” said Bartol Modrić, Operations Team Lead and Deputy AML Officer at Electrocoin.
“The OTC solution, especially post-trade settlement, was very practical for us.”
The remark points to the core constraint: on centralized venues, execution cannot precede asset receipt, which forces platforms to either absorb market risk or withdraw the rate guarantee entirely.
The merchant layer
The same settlement infrastructure supports Electrocoin’s merchant segment.
E-commerce businesses accepting exchanged cryptoassets for their goods or services receive euro from their customer who executes the exchange at a locked-in rate at transaction confirmation — removing the need for merchants to manage crypto exposure themselves.
Electrocoin operates with SEPA integration and offers 24/7 support, positioning itself as a service provider for the SEPA/EU market.
What comes next
Electrocoin is currently awaiting the MICA licence to be issued by the competent national authority.
Platforms that obtain MiCA authorisation gain the right to passport services across EU member states without separate national licensing — a structural advantage over non-licensed competitors.
Why it matters
The structure points to a broader pattern in European crypto infrastructure.
Retail exchanges are increasingly outsourcing settlement timing risk to specialist OTC desks rather than managing it on their own books.
The model transfers spread income to the OTC layer and concentrates compliance and client-relationship risk at the exchange level.
As MiCA enforcement takes effect, the exchanges that secure licensing first — and the OTC desks that service them — stand to capture volume from platforms still operating under transitional provisions or national exemptions.
About FinchTrade
FinchTrade is a Swiss-based OTC liquidity provider founded in 2021, operating in 30-plus countries and processing billions in annual crypto-fiat exchange volume.
About Electrocoin
Electrocoin is a Croatian crypto-fiat exchange founded in 2014, offering exchange services and custodial accounts. Electrocoin will soon obtain the MiCA operating license and continue to serve clients across the SEPA/EU region in full compliance with the latest EU regulatory framework.
This article is authored by a third party, and CoinJournal does not endorse or take responsibility for its content, accuracy, quality, advertisements, products, or materials. Readers should independently research and exercise due diligence before making decisions related to the mentioned company.
Share this article
Categories
Tags