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 instant liquidity through Bitfinex’s OTC desk
2. Trade directly with another Bitfinex user.
To get started with Bitfinex's OTC market, the first step is to provide some basic information to the OTC Desk Lead, so the team can formulate a bespoke response to best assist your needs.
What do you expect your average trade size will be? The minimum OTC trade size is a 100,000 USD notional minimum.
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? 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.