OTC (Over-the-Counter) crypto trading is a way to buy or sell large amounts of cryptocurrency directly between two parties without using a public exchange order book. This type of trading is commonly used by institutional clients and high-volume traders because it enables large transactions with minimal impact on market prices and enhanced privacy compared to regular exchange trading.
Key Features and Benefits
- Tailored trading solutions
WhiteBIT OTC offers customized trading conditions based on the client’s needs, including personalized size, terms, and payment methods.
- Low market impact
Unlike trading on public order books, OTC trades are executed off‑exchange, reducing the risk of slippage or price movement caused by large order sizes.
- High liquidity and flexibility
OTC trading on WhiteBIT supports high‑volume transactions without volume restrictions, making it suitable for institutional investors or large traders.
- Personalized support
Clients have access to experienced OTC specialists who help guide the trade process and offer support through direct communication channels (secure chat).
- On and off ramping
The OTC service includes options for custom deposit and withdrawal limits with fixed fees, allowing large transfers of funds in and out of crypto holdings.
How to Get Started?
- Apply for a WhiteBIT account – Submit an application via the institutional services form describing your business needs. Our representatives will contact you.
- Complete verification (KYC/KYB) – Institutional and corporate clients must complete identity and business verification before trading.
- Join a secure chat – You will get access to a private chat with your dedicated WhiteBIT account manager.
- Execute your first trade – Start making large trades.
FAQ
1. What is OTC crypto trading?
OTC crypto trading refers to direct trades between two parties without the involvement of a public cryptocurrency exchange order book. It is preferred by large investors and institutions due to privacy, liquidity, and tailored conditions.
2. What are the advantages of OTC trading compared to traditional exchange trading?
OTC trading offers:
- No volume limitations
- High liquidity
- Customized trade terms
- Minimal influence on market prices
These benefits make it ideal for significant crypto orders.
3. How does the OTC process work?
Clients submit requests to buy or sell specific quantities of crypto. WhiteBIT’s OTC team then matches them with counterparties, negotiates terms, and settles the transaction off‑exchange.
4. Are there limits for OTC trading?
There are no maximum trade volume limits on OTC transactions at WhiteBIT.
5. Which cryptocurrencies can be traded OTC?
Most major cryptocurrencies are available for OTC trading. For detailed asset availability, leave your contact details here.
Support
In case of any questions related to the functionality of our exchange, you can:
- Leave a request on our website;
- Write to the support email: support@whitebit.com;
- Write to the chat using the button
in the lower right corner of the screen (in the upper right corner of the WhiteBIT app, click
).