The Rock Trading, a European cryptocurrency exchange today announced the addition of a dedicated desk for crypto traders working on larger amounts.
Now, if trading institutional sizes (a minimum of €200K EUR or coin equivalent) better prices can be achieved by selling everything at the once.
The new OTC desk provides a better price for all parties involved. The Rock Trading will facilitate sellers or buyers who individually hold large amounts of crypto and pair them for the transaction.
Users will be able to customize orders based on specific needs with liquidity is provided by a large network of block trading partners. The desk will be open from 9 am to 9 pm (EU time), Monday through Saturday.
The desk offers an escrow service which protects buyers and sellers by requiring funds and coins deposited upfront, then a pre-matched trade can be settled via the exchange protecting buyers and sellers from scammers.
The Rock Trading team said:
“Large traders can reach peace of mind relating to one of the oldest exchange working in the crypto space since 2011. Funds are traded via a dealer network and are referred to as an over-the-counter (OTC) market. It ends up being more flexible and more convenient, with a settlement period that is generally faster. From now onwards family offices, high net worth individuals, crypto funds, ICOs management teams, and even banks will have the opportunity to trade in a safe and professional environment.”