OTC (Over-The-Counter) is a type of market in which assets can be traded directly between 2 parties via electronically. In this type of market, details such as amount, price and conditions of the trading are set mutually before executed.

It usually takes place through various communication modes such as the telephone, email, and proprietary electronic trading systems. If you are planning to buy large amounts of cryptocurrencies, CoinField's OTC services is a great option for you! 

Using CoinField's OTC services will provide you a chance to Buy & Sell cryptocurrencies directly instead of through the automated trading platform. 

OTC benefits 

  • High liquidity – CoinField's OTC team is specialized in supplying high volumes of cryptocurrencies for large buyers such as institutional investors. This means you will be able to get your order fulfilled in full faster than the traditional way. 
  • Fixed price – When you buy large amounts of cryptocurrencies on a public automated exchange, you will probably see the price rise as your order is being executed. This is due to the fact that once you finish buying from the “cheap” sellers, you gradually move to the “expensive” sellers. This means you don’t have a fixed price for your purchase.

To be able to use this service, you must be minimum Approved to level 6 (High Limit). You may also click here for more information about how our OTC order works.