OTC-trading. Trading on OTC platforms

Traditional financial markets, just like the cryptocurrency industry, have two main ways of buying and selling assets: exchange and over-the-counter.

  • Exchange trading. With this type of trading, a transaction for the sale or purchase of assets occurs at the market price, in accordance with the demand of market participants. Intra-exchange exchange takes place instantly. In addition, one of the parties, whether it is a buyer or a seller, can be not only an individual, but also a company or a market maker. Such trading directly affects the market value of the asset.
  • Over-the-counter trading, also called OTC trading, involves the purchase and sale of assets, in which two specific parties already take part. Here there is either a direct exchange between certain people, or with a specific platform. The only thing you need to know before making an exchange with the platform is that the price of the asset will differ by 5-20% from the market price. The market price of the asset is not affected by over-the-counter trading. Despite the fact that over-the-counter trading does not seem to be so popular, and perhaps even a kind of exchange method, OTC trading has an impressive trading volume

There are three ways of over-the-counter trading:

  • P2P platforms. This can be a website, a forum, or a chatbot, with the help of which an exchange between two people will be made.
  • OTC platform. These organizations conduct activities with institutional or private investors. Trading is conducted with a certain minimum threshold.
  • Crypto exchanges. They are quite easy to use during the exchange, but have a high interest rate for transactions. Some crypto exchanges charge 20% for one exchange.

Next we will disassemble some of the sites that provide over-the-counter trading.


LocalBitcoin.com – A P2P platform where bitcoin trading takes place. It was founded in 2012. This is a favorite in its segment. The platform has gained trust and popularity among the community during its existence, but it also did not do without some not the best moments. As a result, the project’s reputation was undermined.

One of these incidents occurred in 2018. The company said that it will de-anonymize users if the transaction or transfer exceeds $10,000. Prior to this statement, the verification of Jumio Netverify was only based on the voluntary consent of the resident. Thanks to this, they were dissatisfied with the innovation and they left the site. But the LocalBitcoin platform still remained quite popular. The trading volumes of the first cryptocurrency on it are consistently high.

P2p exchanges can also be done through LocalBitcoin. The official website contains the “Announcements” section. It contains interesting proposals, or it may be left to it. The benefits of such operations are:

  • The operation is quite fast and profitable for each participant, all issues can be discussed before the start of the operation.
  • There is no need to fear for any unexpected spending on commissions, brokers or currency changes.
  • Shit-coins are not found here, but you can not worry about the presence of liquid assets.

Disadvantages of the site:

  • Risk. Since there are no intermediaries or guarantors between the two parties to the transaction, it is easy to find a fraudster.
  • It may happen that the desired asset may not exist and it may take time to find it.

Circle Trade

It is one of the largest in the OTC market. It works mainly with institutional investors. The investment floor is $100,000, and the first cryptocurrency is $500,000.

In 2019, it was acquired by the Kraken trading exchange, before that it was owned by Circle. The amount of the transaction was not announced.

There is no information on the details of trading using Circle Trade on the Internet. During registration, the user must: verify his identity; describe the details of the business he is engaged in; select the asset of interest; write the amount of the investment. When all the points are fulfilled, and the company has made a positive decision, the user is contacted to discuss commissions, services and other issues.

Genesis Trading

A broker company from New York. Genesis Trading was among the first to start providing digital asset trading services for institutional investors. The company was able to obtain a BitLicense license in 2018. Thanks to this license, Genesis Trading began to offer its digital asset trading services at the official level. In addition, the company has registration with the SEC and FINRA.

All this suggests that there is no danger to cooperate with Genesis Trading, because everything is legal and transparent. In the same year, 2018, the company began to give loans with digital assets, for a period of up to 6 months.

A minimum amount of $75,000 is required for transactions. You have to undergo KYC and AML procedures. This is not all. To start a collaboration with the company, the user will have to name: the kind of activity; the asset of interest; the amount of investment. The amount of the commission and what services will be provided will be discussed directly with the company.


This is a London OTC platform, originating in 2016. The platform provides an API with which you can engage in automatic trading. In 2019, the company introduced an innovation – gold derivatives, calculated in bitcoin. According to the company’s idea, such an innovation was supposed to attract new people among institutional investors.

A minimum amount of $50,000 is required for transactions, the maximum amount for each customer is individual. To start with the platform, the user will have to pass the KYC procedure.

The platform does not have additional commissions and fees. Also, if the client cannot decide to start cooperation with the platform, it can provide a demo account. With its help, the client will be able to evaluate the quality of B2C2 work almost in full.

Binance OTC

As you can understand from the name of the service, the Binance cryptocurrency exchange is behind its creation. The project started functioning in 2019. There is a sufficient amount of information about this platform, so you can immediately list a number of advantages compared to other OTC.

  • Trading operations are carried out on the Binance exchange itself. In order to start conducting them, the user will need a second-level account and a completed KYC procedure.
  • You will not have to create a new wallet, since all funds are transferred to an intra-exchange account.
  • There are more than 80 digital assets to choose from.

But there are also disadvantages:

  • There is no Fiat as such.
  • To get started, you will need to pass the minimum threshold, and it is 20 BTC.


The Dutch crypto-exchanger, which started in 2017. The service has a standard registration, there is no need to undergo KYC and AML procedures. But you will have to have a verified bank card. ProstoCash.com It works with a large number of payment services, including Visa and Mastercard.

But even with such advantages, the service charges a large commission, which can range from 15% to 18%. Over time, the percentage will decrease, it all depends on how often the user uses the services of the service.


OTC trading, or OTC trading, has both a number of advantages and disadvantages over exchange trading. Which trading to choose, everyone decides for himself. But it is worth remembering that when resorting to OTC trading, you should not forget about fraudulent schemes and commissions that put services.

If you have chosen stock trading, but you do not have enough free time for this, then RevenueBot will help you with this.

The service provides the opportunity to create trading bots on the largest cryptocurrency exchanges: Binance, Bittrex, Bitfinex, Exmo and others. Creating a bot is free of charge, the service will not take commissions until the client begins to make a profit from trading the bot. With the help of deep settings of the bot, the service’s clients implement trading strategies that are problematic to experience in normal trading. We will immediately indicate: the bot does not have access to customer funds on the exchange, but trades using API keys, that is, the account will remain out of access. RevenueBot has over 15 thousand customers who earn money thanks to trading bots.

Why should I choose this service?

Pay the commission only after making a profit.

The bot settings open up a variety of ways to make a profit.

Inside RevenueBot, a marketplace is implemented where customers can buy a ready-made bot so as not to bother creating their own, or sell their own if the configuration has shown efficiency. Also, the services of a mentor (an experienced customer of the service) are purchased on the marketplace, who is ready to answer the questions of newcomers. Over time, you can become a mentor yourself, getting additional profit for this.

Regular updates of the service’s features that optimize the trading process.

The presence of the RevenueBot referral program allows you to earn money on trading, even without resorting to trading. Attract new customers for the service and get up to 30% of the profit they receive every month (but not more than 15 USD).

This is a small list of the advantages of the service. You can continue to list the positive qualities of RevenueBot, but why do this if you can go to the official website of the service and see for yourself everything? It is highly recommended to make decisions faster, because the crypto market does not stand still, but grows at exorbitant steps. Who knows how much profit is missed by someone who does not dare to come and start trading with RevenueBot.

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