Huobi OTC DMCC, a part of the Huobi Group, is inviting high net worth individuals to benefit from the company’s OTC Desk. The company, which is registered and fully licensed by Dubai’s DMCC launched its OTC Desk in 2018. It has been designed to support large trades for high net worth individuals and institutional traders in the region.
The OTC Desk supports multiple currency pairs, has a bank account in the US and is serviced by a specialised team with extensive financial experience. Huobi Group itself is a global blockchain company with six years of experience in cryptocurrency trading and asset management. Today, the company provides services to millions of retail and institutional clients in over 130 countries.
The company’s Huobi Global exchange has accumulated more than $2 Trillion in volume, in addition to ranking as a top-five exchange by daily volume. Its native Huobi Token (HT) is ranked in the top 15 crypto assets by market cap.
Why Huobi’s OTC Desk?
Huobi’s OTC Desk lets you buy your cryptos securely. Huobi’s OTC desk offers competitive pricing and excellent liquidity pools for large volume transactions. You get instant price quotes on-demand and same-day settlements. You can also convert cryptos to major fiat currencies instantly vice versa. Huobi’s OTC Desk is private and offers traders with 24/7 access to the trading desk.
Who Needs the Huobi OTC Desk?
If you are an HNI or institutional investor with a large-sized order, you can benefit from trading on Huobi OTC Desk than the open exchanges. You can enjoy more control over your order with a transparent quote, deeper liquidity without disrupting the market and a personalized, private and totally secure experience.
Fiat currencies supported on the OTC Desk include:
- US Dollars (USD)
- Euros (EUR)
- Pounds (GBP)
- Dirhams (AED)
- And more….
Digital assets available on the OTC Desk include:
- Bitcoin (XBT)
- Ethereum (ETH)
- Tether (USDT)
- Ripple (XRP)
- Bitcoin Cash (BCH)
- And more…
What Are the Features of the OTC Desk?
Huobi’s OTC Desk offers an advanced platform for institutional and active traders to securely buy and sell crypto assets. Clients can enjoy deeper liquidity, low fees, and robust API services. In addition to OTC bitcoin trading, the Huobi OTC Desk can support all fiat currencies and digital assets currencies listed on the Huobi Exchange, with many more added constantly.
Huobi follows strict regulatory standards and ensures that global AML and KYC requirements are met. The company offers 100% offline crypto asset cold storage, thus putting the priority on the security for your assets. Huobi is a leading hub of digital assets globally, active since 2014. With its technical edge and thought leadership, Huobi is today recognised amongst the top exchanges in the world.
What Are the Terms and Who is Eligible?
- The minimum order size is $100,000 but exceptions can be discussed on a case by case basis.
- Huobi OTC does not do custody assets on behalf of trading counterparties.
- Eligibility for OTC trading is subject to AML/KYC and other requirements.
How Does it Work?
Email your request at firstname.lastname@example.org. We reply to your email and set up a chat on Telegram or WhatsApp. Our desk trader will help further with the signup and KYC process.
Upon successful onboarding, you express your interest to buy/sell to our desk’s trader – let’s say, “I want to buy 500 BTC or I want to sell 100 BTC.” One of the desk’s traders will respond with a price based on current market rates and conditions.
Once you agree with the rate and volume, reply all with “done” along with your crypto wallet address or bank wire information. Once we receive clear funds or digital assets the trade will be further settled.
How can Huobi help? Submit a request, below:
Disclaimer: Trading and investing in cryptocurrencies (also called digital or virtual currencies, crypto assets, altcoins and so on) involves substantial risk of loss and is not suitable for every investor. All trading strategies are used at your own risk.