Our OTC (Over the Counter) Desk allows our users to buy and sell large amounts of bitcoin.
This is done without relying on market depth nor influencing Bitcoin's price.
It is important to note that the rate will usually be less favourable than buying or selling on the exchange. However, the advantage of using OTC vs using the exchange directly is the ability to fulfil large orders without slippage.
Note, users will need to progress step by step through to KYC level 4 before they can use the OTC desk.
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For once-off large orders of up to $200k, users are encouraged to use one of the following options:
1. Use the 'Buy' page. Each buy is limited to $10,000 but there is no limit on how many times this can be used. e.g. to buy $50k, do the process 5 times.
2. Use the 'Trade' page. To avoid slippage, it is suggest to not use 'Market' orders but use 'Limit' or other advanced orders instead.