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Crypto.com launches new OTC trading portal for large orders

Selected Institutional and VIP users can now use over-the-counter (OTC) trading to place large orders; the Crypto.com trading engine provides these clients with custom quotes instantly...

Published by CryptoNinjas.net
11/22/2021
Crypto.com launches new OTC 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.

OTC trading limits on Crypto.com:

  • 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 vip@crypto.com to apply.”
– The Crypto.com Team

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Source: crypto.com/exchange/otc

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