Goodbye, regular banking hours.
The Silvergate Exchange Network (SEN) enables our digital currency and institutional investor clients to send U.S. dollars 24 hours a day, 7 days a week, 365 days a year between their Silvergate accounts and the accounts of other Silvergate clients.
This can be done via our API or online banking portal, enabling real-time transfers and immediate availability of funds.
Participating in SEN requires an active banking relationship with Silvergate. We do not have SEN-specific fees, but normal bank charges and fees apply depending on the activity being conducted.
“The Silvergate Exchange Network (SEN) significantly changed how CMT Digital trades crypto assets by making the process much more efficient from a time and cost standpoint while also materially mitigating counterparty risk. Silvergate is one of the leaders in merging banking and innovative technology through SEN, a straightforward user interface, and reliable customer service.”
— Colleen Sullivan
Co-Founder & CEO, CMT Digital
Real-time, 24/7, 365 days per year
Real-time USD settlement between counterparties, used by some of the largest exchanges in the world.