Crypto.com launches new OTC trading trading portal for large orders

Crypto.com, a cryptocurrency exchange platform, today announced that its exchange service now features a new over-the-counter (OTC) portal.

Immediately, select institutional and VIP clients can get instant and custom quotes on block trades for over 10 trading pairs, specifically BTC/USDT, ETH/USDT, ADA/USDT, XRP/USDT, SOL/USDT, BTC/USDC, ETH/USDC, ADA/USDC, XRP/USDC, and SOL/USDC.

OTC block trades enable large-volume traders to buy and sell the above markets at pre-approved prices. Besides lower transaction fees, traders can also avoid slippage at the time of purchase.

Limits for OTC trading on Crypto.com include:

– Minimum Order Amount: 100,000 USDT or equivalent.
– Maximum Order Amount: 1,000,000 USDT or equivalent

“Currently, only select institutional and retail VIPs can access the OTC portal. Our team is working to open access to all institutional and VIP tiers—stay tuned. You can find more information about institutional accounts including the Exchange VIP program here and email [email protected] to apply.”
– The Crypto.com Team

Source:
crypto.com/exchange/otc

Via: https://www.cryptoninjas.net

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