OTC Desk is an over-the-counter trading service designed for executing large-volume transactions with personalized service and fixed exchange rates.
Prerequisites
Before placing an order on the platform, discuss all transaction details with your WhiteBIT personal account manager:
- Specify your order size.
- Choose the currencies you wish to exchange and receive.
Please note: Quotas provided by your account manager are valid for a limited time:
- USDC / USD — 5 minutes
- USDT / USD — 4 minutes
- USDC / EUR — 2 minutes
- USDT / EUR — 1 minute
If the deadline has passed and you haven’t managed to confirm your quota and create an order on the platform, you’ll need to contact your manager to request a new one.
How to Execute an OTC Trade
To complete a trade on the OTC Desk platform, follow these simple steps below:
- Top up your balance on the WhiteBIT platform by clicking the "Deposit" button in the upper-right corner of the main page.
- Go to the Buy Crypto section and select the "OTC Desk" menu item.
- Select the currencies you wish to exchange and receive.
- Enter the required transaction details to view the received amount.
- Review the details and confirm the order.
After you place the order, our team immediately begins executing the transaction. You can track the trade status in the pop-up window.
Once the transaction is confirmed (takes up to 15 minutes), the status changes to "Completed", and the assets are credited to your balance.
This completes the order processing procedure, allowing you to create a new order.
Please note: if you encounter any difficulties at any stage, contact your Account or Business Development Manager for assistance.