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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 quo...

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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 [email protected] to apply.”
– The Crypto.com Team

The post Crypto.com launches new OTC trading portal for large orders appeared first on CryptoNinjas.

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This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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