For most prospective crypto investors, exchanges have all that’s needed. But for those looking to invest a large sum into cryptocurrencies, brokerage services are the superior choice. Below, we at Nugget’s News will profile the three crypto brokerage firms that we recommend to high-net-worth individuals (HNWIs).
HiveEx is a global over-the-counter (OTC) and brokerage desk that specialises in large-order cryptocurrency trading. Through partnerships with top-tier cryptocurrency liquidity providers, high-frequency traders, funds, and market makers, HiveEx sources internationally sharp pricing across over 50 crypto-to-crypto and crypto-to-fiat pairs.
With HiveEx, the minimum cryptocurrency trade size is A$50,000 (~£40,000 / ~€45,000 / US$50,000). Headquartered in Sydney, HiveEx benefits from international banking partnerships, allowing it to support settlement in currencies such as the USD, AUD, £, €, NZD, SGD, and HKD.
Click through for more information on HiveEx and the special deal it has for Nugget’s News supporters. Below is an interview Alex shot with HiveEx co-founder Fred Schebesta in September 2018.
Caleb & Brown
Caleb & Brown is an award-winning cryptocurrency brokerage registered with AUSTRAC. Operating from Melbourne since 2016, Caleb & Brown seeks to become an important conduit between the cryptocurrency and financial services industry.
Enabling high-value cryptocurrency trading in the range of AU$5,000 to $100 million is Caleb & Brown’s speciality. It is the only brokerage service in Australia that can facilitate up to $2 million in daily purchases—prior to bank deposit clearance—for verified clients.
The below video from June 2019 is a conversation between Alex and Dr Prash Puspanathan, the founder and chief executive of Caleb & Brown. Learn more about Caleb & Brown and the exclusive discount it offers Nugget’s News supporters.
Established in 1974, Ainslie has earned a reputation for secure, competitive, and honest dealings. You can buy and sell cryptocurrency simply and directly with high-value lock-and-pay transactions. Ainslie Wealth is Australia’s largest OTC cryptocurrency and precious metals bullion dealer.
Compared to HiveEx and Caleb & Brown, Ainslie Wealth’s main point of difference is precious metals convertibility. With Ainslie Wealth, you can buy and sell the following cryptocurrencies: BTC, ETH, LTC, BCH, XRP, AUS, and AGS.
Ainslie Wealth charges a management fee of 2.5% on BTC, ETH, LTC, BCH, and XRP. And for AUS and AGS, it charges a 1% fee. Learn more about Ainslie Wealth and the exclusive discount it offers Nugget’s News supporters.