# OVEX

> Move money across borders in an instant.

OVEX provides institutional-grade cross-border payment solutions for Africa to Europe, the UK, the UAE, and the US using cryptocurrency infrastructure.

OVEX operates a licensed cryptocurrency exchange offering institutional and retail cross-border payment solutions between Africa and global markets. The platform facilitates fiat-to-crypto conversions, OTC trading, interest accounts, and foreign exchange services through regulated entities authorized by South African financial authorities.

- Type: Company
- Sector: Payments
- Status: Active
- Profile: https://thegrid.id/profiles/ovex

## Products

- [OVEX Exchange](https://thegrid.id/profiles/ovex): OVEX Exchange is a centralized cryptocurrency trading platform that enables users to buy, sell, and trade digital assets against fiat currencies and other cryptocurrencies. The platform provides instant conversions, orderbook trading across multiple market pairs, and wallet services for storing digital assets. Users can deposit fiat currency, execute trades with real-time pricing, and withdraw funds to bank accounts. The exchange supports a wide range of cryptocurrencies and fiat currencies including ZAR, USD, EUR, GBP, and AED. (Centralised Exchange, Live, Main Product)
- [OVEX OTC Desk](https://thegrid.id/profiles/ovex): OVEX OTC Desk is an over-the-counter trading service for high-volume cryptocurrency transactions. The service provides dedicated one-on-one trading support available 24/7, enabling users to execute large orders with zero slippage and immediate settlement. The desk offers post-trade settlement options allowing users to trade immediately and deposit funds later, margin services for leveraged positions, and support for crypto-to-fiat, fiat-to-fiat, and crypto-to-crypto conversions across all listed assets. (OTC, Live)
- [OVEX Interest Accounts](https://thegrid.id/profiles/ovex): OVEX Interest Accounts is a savings and yield product that enables users to deposit stablecoins and cryptocurrencies and earn daily compounding interest through OVEX's lending operations. Rates are tiered by balance with no action required from users, no minimum term, and no fees. (Savings & Yield, Live)
- [OVEX Stablecoin Conversion](https://thegrid.id/profiles/ovex): OVEX Stablecoin Conversion is an on-ramp service that converts US dollars to USDC stablecoin at a 1:1 ratio with a flat conversion fee. Users wire USD to an offshore facility, and upon settlement, their OVEX account is immediately credited with the equivalent amount in USDC. The service eliminates hidden fees commonly associated with traditional conversion methods such as wire intake fees and processing charges. The conversion bypasses market volatility by providing direct 1:1 conversion rather than market-based trading. (On/Off Ramp, Live)

## Links

- [Main](https://ovex.com)
- [Blog](https://blog.ovex.com)
- [Documentation](https://docs.ovex.io)
- [Terms of Service](https://storage.googleapis.com/ovex-static-assets/legal/OVEX_Terms_and_Conditions.pdf)
- [Privacy policy](https://support.ovex.io/ovex-privacy-policy)
- [LinkedIn](https://linkedin.com/company/ovex-exchange)
- [Twitter / X](https://x.com/OVEXio)
- [Medium](https://ovexcrypto.medium.com)
- [Facebook](https://facebook.com/OVEXio)
- [Telegram](https://t.me/OVEXIO)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP