Should I use the API or the OTC desk for Crown FX?

Crown FX can be operated through two channels. Through the API, execution is automatic and instant, integrated into the client’s system. Through the OTC desk, the client gets a quote and executes directly with Crown’s operators over WhatsApp or Slack, the channel Crown indicates for large-volume orders. Official site: crown-brlv.com.

When should I choose the API?

When the company wants instant FX integrated into its own system. The API can fetch quotes, execute conversion orders, generate Pix QR codes for reais deposits, request withdrawals and send webhooks for each event. See integrating a BRL stablecoin by API and the documentation at docs.crown-brlv.com.

When should I choose the OTC desk?

For large-volume orders, or when the client prefers to operate directly. Quotes and execution are handled with Crown’s operators over WhatsApp or Slack. For a desk use case, see entering and unwinding a Brazilian real position on-chain.

Does the flow change between channels?

No, according to Crown. The client requests a quote; the desk returns it with the full spread visible; the client confirms and execution is immediate at the locked price, within applicable operating limits; settlement happens in real time by Pix on the real side and in USDC or USDT on the dollar side; and Crown consolidates the month’s transactions in the report required by the Central Bank of Brazil.

What about settlement time?

API operations execute instantly and settle in a few minutes (D+0). Very high volumes may settle within the business-day window, until the 6 p.m. Brasília settlement cutoff, and Crown can also settle at D+1 or D+2 if the client prefers.

Which channel fits each Crown FX model?

In the Liquidity Provider model, banks, brokers and VASPs reach large-scale liquidity through the API or OTC desk. In the FX-as-a-Service model, companies embedding FX in their products integrate Crown’s APIs. See real-time BRL settlement for ERPs and how a remittance company can settle the Brazilian-real leg.

What stays the same on both channels?

Spread visible before confirmation, no IOF-Câmbio (non-incidence, not an exemption), no SWIFT in the conversion, and reporting to the Central Bank handled by Crown.