Bitcoin
Ethereum
USDT
The Block Lane is an OTC Desk that offers a secure platform for the purchase and sale of virtual digital assets for cash. Our approach is licensed and transparent, ensuring the safety and integrity of your Virtual digital Assets (VDA).
We cater to a wide range of institutional clients across various industries. Regardless of their business sector, our clients can access our services directly through our website or even integrate our ecosystem into their operations.
Compliance is at the forefront of our operations, and we've taken significant steps to ensure it. We've partnered with industry leaders for KYC checks, and wallet custody solutions. Every aspect of our platform adheres to regulatory standards, maintaining a clean and trustworthy ecosystem.
Our commitment to compliance is reflected in our authorization for VDA activities in India under PMLA/FIU and our continuous efforts to expand our operational capacity.
Institutional adoption and high-net-worth individuals (HNIs) face substantial barriers in the VDA space, including limited understanding, exorbitant fees, and inadequate compliance measures imposed by VDA exchanges.
At TBL, our core mission is centered on establishing an accredited framework for VDA assets, leveraging stringent compliance standards, cutting-edge technology, extensive expertise, and the principles of the sharing economy. Our ultimate objective is to bridge the divide between conventional finance and the contemporary VDA landscape. We maintain an unwavering commitment to pioneering secure Fiat-to-VDA and VDA-to-Fiat pathways for institutions within a thoroughly regulated environment. TBL remains the steadfast pillar of support for institutions and HNIs navigating the complexities of the VDA asset realm.
The Block Lane is closely integrated and backed by Major exchanges for liquidity support. With robust funding, we execute large orders ($10000 or more) in both buying and selling. Our platform accommodates major VDA (Bitcoin, Ethereum, USDT/USDC) and INR through all major bank accounts in India.
The Block Lane's deep fiat-VDA liquidity pool allows you to trade Bitcoin, Ethereum and USDT/USDC with very tight spreads at the most competitive rates in India.
Effortlessly generate, monitor, and oversee your orders with ease using our dedicated smart dashboard designed specifically for OTC trading.
To mitigate high-volume trading risks amid VDA volatility, we provide a 0.2% price protection buffer, guaranteeing your trade within this range based on the market rates.
Our trade settlements are lightning-fast, and we've implemented robust KYC, security, and compliance protocols to safeguard against counterparty risks, ensuring your peace of mind
We offer a secure and compliant environment for buying and selling VDA (Virtual Digital Assets) through the utilization of cutting-edge technology, ensuring a user-friendly experience.
TBL's legally compliant KYC option allows for the filtration of clean funds, ensuring that your bank accounts remain unaffected by potential blacklisting due to transactions conducted through other exchanges where the origin of the funds is unclear or unidentified.
Register your account on our platform by just filling basic details
After Registeration you have to submit your KYC to buy or sell assets
Deposit your funds and place your order
After the order is placed it will be settled ASAP
Over the counter (OTC) trading involves trading through intermediaries who conduct your transactions independently from traditional exchanges.
Trading large volumes of digital assets on exchanges can be complex and unpredictable regarding execution prices. In contrast, The Block Lane OTC Desk provides a more straightforward experience, offering predetermined quotations that become the execution price. With the added benefit of a dedicated support team, trading on The Block Lane OTC Desk ensures security and smooth transactions, often resulting in more favorable prices for substantial trades
No, The Block Lane OTC Desk doesn’t custody customers VDAs.
Bitcoin (BTC), Ethereum (ETH) and USDT/USDC
Yes, KYC is a mandatory requirement.
The trading fees on both buying and selling of VDAs on The Block Lane OTC Desk is 0.1% of the total transaction amount.
The TDS applicable will be at 1% of the Order Value, which is claimable while filing ITR.
Example: If your Order Value = ₹ 10,00,000, then the transaction fees will be calculated at 0.1%, which is equivalent to ₹ 1,000 (0.1% of 10,00,000). The TDS applicable will be at 1% of the Order Value i.e. ₹ 10,000 (1% of 10,00,000). Hence, Total Order Value (what you get) = ₹ 10,00,000 - (1000 + 10,000) = ₹ 9,89,000
Any high volume trader, corporate or individual having a KYC-verified account can place an OTC order. The minimum order value for placing any trade request will be $10,000 or equivalent.