The Over the Counter (OTC) feature is used to execute larger trades directly with a counterparty without having to go through the public order books.
Through our OTC desk, traders will be able to access digital currency liquidity without affecting the exchange market price.
Two ways to take advantage of the OTC desk
1. Access real-time liquidity through Bitfinex’s OTC desk
2. Trade directly with another Bitfinex user.
To get started with Bitfinex's OTC market, simply click the OTC tab and create a nickname for OTC trades, then provide some basic information by emailing the following to firstname.lastname@example.org.
Required Information on the email:
What do you expect your average trade size will be?
The minimum OTC user to user trade is 50 USD while the minimum for liquidity through our OTC desk is 100,000 USD
What do you expect your average weekly OTC trading volume will be?
What currencies are you interested in trading? Please list in rank order of importance.
What are your trading hours?
Is your Bitfinex account verified (intermediate level or higher)? If yes, do you have an Individual or Corporate account?
Do you have counterparties for OTC trades, or will you be looking for liquidity through our desk?
Where do you bank?
Do you intend to withdraw fiat or cryptocurrencies?
For more information visit the OTC Desk today.