A firm quote is a guaranteed price for a specific size that you can accept or decline. Unlike an indicative price, a firm quote does not move against you between the moment you see it and the moment you execute, provided you accept within its validity window.
What the price includes
The number you see is an all-in price. It already reflects the desk spread and the cost of sourcing liquidity through our settlement partners, so there are no separate execution fees added after the fact. What you accept is what you settle.
- The mid-market reference at the time of quoting
- The desk spread for your pair and size
- The direction of the trade, buy or sell
- The exact fiat and crypto amounts on each leg
Why quote-driven execution helps
Because you agree a fixed price before execution, there is no slippage and no partial fills at worse levels. This is especially valuable for larger sizes, where sweeping a public order book would move the market against you.
If a quote does not suit you, decline it and request another. There is no obligation to trade, and requesting quotes does not affect your account standing.