As a crypto-finance company, OTCxpert is an Over-The-Counter (OTC) digital asset trading desk. We make markets across major global exchanges for institutions and individual investors.
We offer the best execution for large-sized tickets with deeper liquidity, smaller market impact, and operational simplicity. You obtain one single quote for executing your full-sized order which can be instantly agreed on, with no uncertainty associated with price slippage or need for exchange order book discovery. You can take advantage of our traders’ market expertise for best execution strategy and access the liquidity we enjoy as a desk that trades large volume of deals with a network of diverse counterparties and exchanges. The execution process also affords you privacy and minimal information leakage. Operationally, you face OTCxpert as the single counterparty for your trade with a simple settlement process. Settlement takes place after every trade with no need for account prefunding. Unlike exchanges, there are no withdrawal limits.
After Know-Your-Customer (KYC) and Anti-money laundering (AML) diligence is completed and a trading agreement is signed, you will be set up in a private chat with our traders. You can reach out to our traders to request for a quote anytime, which you may immediately accept, pass or counter with your target level. Once both sides agree on the terms, the trade is done.
OTCxpert trades BTC, ETH, USDT and supports crypto-fiat transactions in more than 150 major currencies in the world.
We have trading desks in Boston, NY, London and Hong Kong offering 24/5 trading coverage.
There are no trading fees in addition to the prices we quote, which includes a bid-offer spread. We make our quotes mainly based on the size of the order and our internal mid market value. Secondary factors include market volatility, exchange order books, and past counterparty settlement history.
After a trade is agreed, you will receive an email confirmation with settlement instructions. You will send your cryptocurrency to our instructed address or the fiat cash amount via bank wire. After we confirm the receipt of funds or coins, we will send you the agreed cash amount via bank wire or the coins to your designated wallet address. This process will be subject to the handling time of banks’ wire.