Sale Trade

Sale Trade

Regulation

Saletrend OÜ holds two operating licenses with the Estonian Financial Intelligence Unit.

License Number FRK000924 is for providing services to exchange virtual currencies against fiat currencies, and

License Number FVR001032 is for providing a virtual currency wallet service. Customers FIAT funds are kept in a segregated custody account.

Trading Volume Fees Plan

Up to $100,000 0.25%
$100,001 - $500,000 0.20%
$500,001 - $1,000,000 0.15%

FIAT deposit & withdrawal fees

Credit Fees Wire Deposit Wire Withdrawal SEPA Deposit SEPA Withdrawal
USD 5% $7.5 + 0.05% $15 + 0.1% $0.2 $0.9
EUR 5% €7.5 + 0.05% €15 + 0.1% $0.2 $0.9
GBP 5% £7.5 + 0.05% £15 + 0.1% $0.25 £1.1

KYC Requirements

Verification levels and requirements

Requirements Verification Level 0 Verification Level 1 Verification Level 2 Verification Level 3
Email
Full Name
Date Of Birth
Phone Number
Country
Address
Passport
Selfie With ID Document
Additional Valid ID
Proof Of Residence
Source Of Funds

Accepted types of documents:

Additional Valid ID: National ID, Passport (that was not provided for Level 1 verification,

i.e. if national was already provided, then attach the international one), Driving Licence

Proof of residence: Utility Bill or Official governmental documents (letter, certificate, etc.). Documents should be not older than 3 months.

The main roles of Verification Levels are

- to unlock exchange features, including fiat withdrawals

- to increase user’s withdrawal limits

- to increase the number of deposit/withdrawal methods

Features Verification Level 0 Verification Level 1 Verification Level 2 Verification Level 3
Crypto/Crypto Trading
Crypto/Fiat Trading
Crypto Deposits
Crypto Withdrawals
Fiat Deposits
Fiat Withdrawals
Prepaid Cards Soon

Currently, does not offer service to residents of:

  • Iran
  • North Korea
  • United States

Accepted types of documents

Please be informed that we require providing us with your valid documents in order to pass KYC procedure and get access to all functions of sale trade Exchange.

Verification level 1 requires providing us with your valid Passport.

For passing Verification level 2 and 3 please provide additional valid ID: National ID, Passport (that was not provided for Level 1 verification, i.e. if national was already provided, then attach the international one), Driving Licence

Proof of residence: Utility Bill or Official governmental documents (letter, certificate, etc.). Documents should be not older than 3 months.

The main roles of Verification Levels are

- to unlock exchange features, including fiat withdrawals

– to increase user’s withdrawal limits

– to increase the number of deposit/withdrawal methods

Trade Herald. OTC Desk: Large trades with private and personalized services

What is the Trade Herald. OTC Desk?

Over-the-counter (OTC) trading takes place off the open Trade Herald. We offer deeper liquidity and a private, more personalized service to institutions and high net-worth individuals needing to fill large orders that might be too disruptive if placed on open markets at the exchanges. Whether you are trading blocks of $100,000, €10,000,000 or 2,000 Bitcoin, the OTC desk will provide you with execution and settlement services that are discreet, secure and ultra-competitive.

Features Offering more than secure and discreet transactions and settlement.

Expert market insight

Members of the desk have vast trading industry experience, having previously excelled at major financial institutions such as JP Morgan, Credit Suisse, UBS, Morgan Stanley and Merrill Lynch. As an OTC client you’ll receive daily trade and market recaps, as well as expert desk opinions on the current crypto market.

1-on-1 Service

Includes superb, high-touch service at every step, from the initial expert consultation all the way through to trade execution, with trade reporting and market insights. We work with you throughout the process to answer all of your questions with the goal being to build a comfortable, long-lasting relationship.

Full asset support

In addition to OTC bitcoin trading, the Trade Herald. OTC desk can support all fiat currencies and digital assets currencies listed on the Trade Herald. Exchange:

Fiat currencies:

  • US Dollars (USD)
  • Euros (EUR)
  • Canadian Dollars (CAD)
  • Japanese Yen (JPY)

Digital assets:

  • Bitcoin (XBT)
  • Ethereum (ETH)
  • Tether (USDT)
  • Monero (XMR)
  • Ethereum Classic (ETC)
  • Augur (REP)
  • And more...

Global Coverage (now 24/7)

The OTC desk provides global coverage in the Americas, Europe and Asia and is open 24/7, with the exception of major holidays.

Terms and Eligibility

  • The minimum order size is $100,000 but exceptions can be discussed on a case- by -case basis.
  • Trade Herald. OTC does not custody assets on behalf of trading counterparties.
  • Eligibility for OTC trading are subject to AML/KYC and other requirements.

Margin Trading Cryptocurrency : Supercharge Your Trades Up To 5x

Maximize your potential gains

Trading cryptocurrency is generally simple, but what if you’re looking for options that are a bit more advanced? That’s where margin trading comes in. Margin trading lets you amplify your gains from market swings, allowing you to execute more complex, active trading strategies. With the power of Trade Herald.’s advanced trading engine, you can use leverage to go long or short on a variety of cryptocurrencies by up to 5x -- you’ll have five times the earning potential compared to a regular spot trade.

The Trade Herald. Trade Engine Lets you magnify your trades.

Leverage up to 5x

Quickly and easily borrow funds from Trade Herald. to go long or short on a currency pair by up to 5x.

Low Rollover fees

Never pay more than 0.02% (per 4 hours) in rollover fees.

Pro trading interface

Manage your positions easily with our intuitive trading platform and advanced order options.

High borrow limits

Eligible clients can borrow up to $500,000.

Advanced API access

Manage your positions easily with our intuitive trading platform and advanced order options.

Margin Trading (Positions)

With margin trading, you do not need to "own" or have possession of the underlying asset to enter a contract. We provide the funding for you to trade against other assets, at a leverage ratio of up to 5:1.

When using margin you are only required to hold collateral currencies and are able to trade any of the margin pairs even if you do not hold the currency on that pair. This is possible because when trading with leverage, Trade Herald. provides the necessary funds for the entire value of a trade.

Once a position is open, the amount of funds used as collateral are not available for trading or withdrawal until the position is closed.

Margin trading does not result in an exchange of currency in your account. The funds required to open the position also do not appear in your account, Margin trades appear as a "position". All profit or loss from the position is unrealized until you close the position, at which point adjustments to your balances will be made to account for the profit or loss.

While it's possible to go "long" without leverage, trading "short" is only possible with leverage, which means it's only possible on margin pairs.

When using the order forms, if you select a level of leverage (2, 3, 4, 5) then you are opening a margin position with Trade Herald.’s funds. Leverage can only be selected from the Intermediate and Advanced order forms.

Note: Some pairs are only available for spot exchanging and not leveraged trading — you will not be able to select leverage for pairs that are spot exchange only.

For more information on Margin Trading, see: Leverage and Margin.

Summary

A "Spot Exchange" is exchanging one currency you own for another.

A "Margin Trade" involves leveraging the collateral in your account in order to open a position to short or long a currency against another currency in hopes of profiting from short-term price swings.

Examples

Spot Exchange:

Exchanging 500 USD for ETH on the ETH/USD trading pair.

Margin Trading:

Using 500 USD as collateral in order to leverage 1500 USD worth of BTC from Trade Herald. and short it on the BTC/EUR trading pair using 3:1 leverage. Note how the trading pair does not have to match the collateral currency.

What are the fees for margin trading?

In addition to the margin fees listed below, the usual trade fee will be applied to the opening and closing volume of a margin position (but there is no fee for settling a margin position).

Margin fees are charged based on the total value of the order. Collateral held is not deducted from that amount.

For long positions, margin fees are charged with a preference to the quote currency of the position’s currency pair. For short positions, margin fees are charged with a preference to the base currency.

Example

If you go Long on XBT/USD Trade Herald. provides the USD (used to purchase the longed XBT) to open the position and thus margin fees are preferred in the quote currency - USD in this case. If you go Short on XBT/USD

Funds from our XBT margin pool are used to open the position and thus margin fees are preferred in the base currency - XBT in this case.

Base currency Quote currency Opening fee (for opening a position) Rollover fee (for maintaining a position)
XBT (Bitcoin) EUR 0.01% 0.01% per 4 hours
USD
USDT (Tether) USD 0.01% 0.01% per 4 hours
BCH (Bitcoin Cash) EUR 0.02% 0.02% per 4 hours
USD
XBT
ETH (Ethereum) EUR 0.02% 0.02% per 4 hours
USD
XBT
ETC (Ethereum Classic) EUR 0.02% 0.02% per 4 hours
USD
ETH
XBT
REP (Augur) EUR 0.02% 0.02% per 4 hours
ETH
XBT
XMR (Monero) EUR 0.02% 0.02% per 4 hours
USD
XBT
XRP (Ripple) EUR 0.02% 0.02% per 4 hours

Safeguarding your funds and your privacy is our number one objective

Trade Herald takes a comprehensive approach to protecting your investments. Our team of experts have built in a number of sophisticated measures to prevent the theft of money or information.

Theft isn't the only threat of course. As a professional exchange we offer financial stability, with full reserves, healthy banking relationships and the highest standards of legal compliance.

Security Above Everything

World-class Security Team

We’ve assembled a global team of top security professionals who take a risk-based approach to ensuring our clients’ assets are protected at the highest levels while maintaining exceptional performance and an unparalleled client experience. Our team has decades of experience building security programs for the world’s top brands, investigating the largest consumer data breaches, developing security technology trusted by millions of businesses and discovering vulnerabilities in the technology used by billions of people every day.

Safe Coin Storage

95% of all deposits are kept in offline, air-gapped, geographically distributed cold storage. We keep full reserves so that you can always withdraw immediately on demand.

Platform Security

Our servers reside in secure cages under 24/7 surveillance by armed guards and video monitors. Physical access and code deployment are strictly controlled. Nothing ships without intensive review.

Information Security

All sensitive account information is encrypted at rest at both the system and data level. Access is strictly controlled and monitored.

Penetration Testing

We have an expert team dedicated to testing our own systems via every imaginable attack vector. Additionally, we run a bug bounty program to leverage the expertise of the broader security research community.

Security Features

  • 2FA (Google Authenticator and Yubikey) to keep your account secure
  • No Phone/SMS account recovery, your account stays in your hands
  • Email confirmations for withdrawals with self-serve account lock
  • Configurable account timeout for another layer of protection
  • Customizable, granular API key permissions with range boundaries
  • Global settings time lock for extreme security when you're away
  • PGP signed and encrypted email for secure communication
  • SSL encryption to protect you when browsing Trade Herald
  • Constant, real-time monitoring for suspicious activity
  • Zero settlement risk, no chargeback fraud when trading crypto
  • Sensitive data is fully encrypted at rest and in transit
  • High priority 24/7 live chat and email support for urgent concerns

Security Resources

Interested in learning more about our security practices or how you can protect yourself from bad actors? Check out the resources below:

Securing your account

Other Security Information