Large crypto-to-fiat and fiat-to-crypto trades, executed by a VARA-licensed desk.
- Execution only ever on a VARA Broker-Dealer Services licence, under VARA's oversight
- No price, spread, return or timing quoted by us, ever
- Fiat settled to a bank account in your own name, with the record a bank or auditor will ask for
Reply within 24 hours · No documents required · No obligation
Who this is for
Four situations that bring a large trade to a licensed desk.
Each starts with who holds the assets and where the fiat has to land.
Large crypto-to-fiat and fiat-to-crypto transactions for corporate and private clients, executed on a VARA Broker-Dealer Services licence under the Virtual Assets Regulatory Authority's oversight, with fiat settled to a bank account in your own name. Velarozone assesses the fit, prepares the file the desk requires and coordinates your onboarding through to the desk's decision; the desk classifies you, quotes and settles under its own terms.
Risk warning
Virtual assets are highly volatile and can lose all of their value. They are not suitable for every investor, and past performance is no guide to future performance.
Execution is on a VARA Broker-Dealer Services licence, under the Virtual Assets Regulatory Authority's oversight, on the desk's own terms and its classification of you as a client. Velarozone does not provide virtual-asset services or investment advice, and nothing on this page is a price or a recommendation to trade.
Situation
Where a licensed desk is the answer.
Four situations bring a large conversion to a licensed counterparty rather than an exchange. Each one starts with who holds the assets and where the fiat has to land.
A company treasury with virtual assets
A meaningful conversion to fiat, landing in a business account the bank can see the source of.
→A private client with a large position
Executed with a licensed counterparty, with the record a bank or auditor will later ask for.
→A transaction with a virtual-asset leg
A sale, an investment or a settlement where one side pays in a virtual asset and the funds have to be held meanwhile.
→A bank or auditor has asked
Where a conversion was executed and under whose licence, and the books that show it.
→
Scope
What you get, and what we never do
What is included
- A fit assessment: whether the transaction, the entity and the record behind it are ones a licensed desk will take on.
- The onboarding file — entity documents, ownership chain, bank account details and source-of-funds or source-of-assets evidence — prepared for the desk's review.
- Access to a VARA-licensed desk whose service matches the size and shape of the transaction.
- Coordination of the desk's onboarding questions through to a decision.
- Where the conversion is one leg of a wider transaction, coordination with the escrow, legal or corporate work on the other leg.
What is not
- Executing, pricing or settling any trade — that is done on the desk's licence, under its terms.
- Custody of your assets — they move only between wallets you control and those the desk specifies for settlement.
- Investment advice, market views or any recommendation to transact.
- Any promise that the desk will onboard you, classify you in a particular way or deal at a particular size.
What it costs
The desk's terms are the desk's; ours are in the letter.
We never quote a price, a spread or a time, and no fee of ours is a share of the trade.
The desk's terms
Price, spread and settlement are quoted to you by the licensed desk under its own terms at the time of the trade. We never quote them.
The Velarozone service fee
The file and the coordination to settlement, itemised in your engagement letter; not a percentage of the trade, not taken from the funds.
Settlement
Fiat settles to a bank account in your own name under the desk's terms, so the trail a bank or auditor asks for exists from the first trade.
Virtual assets are high-risk and can lose all their value; nothing on this page is a recommendation to trade.
Compared
A licensed desk against the other ways a large trade is executed.
The licence and the settlement trail are what a bank or an auditor asks about afterwards.
How the four answer the same five questions.
Licence
- VARA-licensed desk, through Velarozone
- VARA, Dubai
- A retail exchange
- Varies; check the licence and the entity
- A broker outside the UAE
- Its home regulator, if any
- Peer-to-peer
- None
Settlement to a UAE bank account
- VARA-licensed desk, through Velarozone
- Under the desk's terms, in the client's name
- A retail exchange
- Withdrawal limits and bank acceptance vary
- A broker outside the UAE
- Cross-border, with the bank's questions
- Peer-to-peer
- Cash or personal transfers
Record for a bank or auditor
- VARA-licensed desk, through Velarozone
- A licensed counterparty and a settlement trail
- A retail exchange
- Exchange statements
- A broker outside the UAE
- Foreign statements
- Peer-to-peer
- Little or none
Size
- VARA-licensed desk, through Velarozone
- Large trades, negotiated
- A retail exchange
- Order book, in pieces
- A broker outside the UAE
- Varies
- Peer-to-peer
- Small
Price
- VARA-licensed desk, through Velarozone
- The desk's quote, never ours
- A retail exchange
- Market plus fees
- A broker outside the UAE
- The broker's
- Peer-to-peer
- Whatever is agreed
| VARA-licensed desk, through Velarozone | A retail exchange | A broker outside the UAE | Peer-to-peer | |
|---|---|---|---|---|
| Licence | VARA, Dubai | Varies; check the licence and the entity | Its home regulator, if any | None |
| Settlement to a UAE bank account | Under the desk's terms, in the client's name | Withdrawal limits and bank acceptance vary | Cross-border, with the bank's questions | Cash or personal transfers |
| Record for a bank or auditor | A licensed counterparty and a settlement trail | Exchange statements | Foreign statements | Little or none |
| Size | Large trades, negotiated | Order book, in pieces | Varies | Small |
| Price | The desk's quote, never ours | Market plus fees | The broker's | Whatever is agreed |
Process
How the work is sequenced
Each stage has its own dependencies and we report progress against them, not against one overall date.
- 01
Assess
We confirm the entity, the bank account and the source-of-funds record are in the shape a licensed desk requires, and say what is missing.
- 02
Prepare
The onboarding file is assembled once, with the evidence the desk's due diligence will ask for.
- 03
Onboard
The desk onboards you under VARA's client-classification rules and agrees its terms with you directly.
- 04
Execute and settle
The desk quotes, executes and settles under its terms. We coordinate any corporate, escrow or legal step the wider transaction needs.
How it works
Execution is on a VARA Broker-Dealer Services licence, under the Virtual Assets Regulatory Authority's oversight. The desk onboards you under its own due diligence, classifies you as a retail, qualified or institutional client against the regulator's criteria, quotes each trade to you directly and settles fiat to a bank account in your own name under its own terms; it is the counterparty to your trade and responsible to you for the execution.
Velarozone assesses the fit, prepares the file and coordinates your onboarding to the desk's decision. That work is billed as the Velarozone service fee, itemised in your engagement letter; the desk's own pricing is set out in its terms with you.
Marketing communications for this service are kept on record as the regulator requires.
Guides
Read before you engage
Short answers
The question the desk and the bank both ask
A licensed desk and a receiving bank each need to understand where the position came from before anything settles.
Common questions
Straight answers
- Under whose licence is the trade executed?
- A VARA Broker-Dealer Services licence, under the Virtual Assets Regulatory Authority's oversight. The desk onboards you, quotes and settles under its own terms, with fiat paid to a bank account in your own name; we prepare the file and coordinate the onboarding so the desk's questions are answered before they are asked.
- Who decides whether I am a retail, qualified or institutional client?
- The broker-dealer, against the regulator's criteria, during its onboarding. The classification decides what the desk may offer you and on what terms, and it is not something we can promise or influence.
- Can you tell me the price or the spread?
- No. Prices and spreads are quoted by the desk to you at the time of the trade and depend on the asset, the size and the market. Nothing on this page is, or should be read as, a price.
- What does the desk need before it will deal?
- An onboarded entity or individual with identity and ownership evidenced, a bank account in your own name for the fiat leg, and a source-of-funds or source-of-assets record it can rely on. We prepare that file so the desk's questions are answered before they are asked.
- Why use a licensed broker-dealer rather than an exchange or a private counterparty?
- Size, settlement and defensibility. A licensed desk can take a large order without moving the market, settles fiat to your bank account under a regulated framework, and gives your bank, your auditor and your regulator an execution they can trace to a licence.
- When does the service open?
- The service is opening in stages. Register interest through the form on this page and we will tell you when yours can start and what to have ready.
Register interest in OTC execution
Tell us whether you are a company or a private client, the assets and the approximate scale involved, and whether a bank account in your name and a source-of-funds record are already in place. We reply with what a desk will require and tell you when the service opens for you.
Free assessment — current figures are confirmed within your adviser-reviewed route comparison. Your details are not shared with third parties.
Know your route before you file.
Tell us how you intend to operate and we will identify the questions, structure paths and preparation steps an adviser should assess. It is a planning tool, not legal, tax, immigration or banking advice.
Sources
- Virtual Assets Regulatory Authority (VARA)
- VARA — Broker-Dealer Services rulebook and Marketing Regulations
Legal notes and scope
Velarozone provides setup and operational-readiness coordination. This page is general information, not legal, tax, immigration, or banking advice.
This page is general information about UAE business setup, not legal, tax, immigration, or banking advice. Rules, fees, permitted activities, and bank policies can change. Final eligibility depends on your facts and the applicable rules at the time of application.
Virtual assets are highly volatile and can lose all of their value; they are not suitable for every investor. Velarozone does not provide virtual-asset services, investment advice or execution. Execution is by a VARA-licensed broker-dealer under its own terms and client classification. This page is not an offer or an invitation to trade. The service opens in stages; registering interest creates no obligation on either side.