OTC trading available on Bithumb Exchange

On Feb 8, 2019

Bithumb, The biggest Exchange of South Korea launched the Over The Counter ( OTC ) trading for Crytpo Assets.

This service is for institutional investors in which they can deal p2p out of normal exchange trading with block matching process.

To use the Bithumb’s OTC service users must have to pass Know Your Customer ( KYC ) and Anti Money Laundering ( AML ) processes.

Bithumb didn’t announce which cryptocurrency will be available for OTC trading, but the Bitcoin has more chances due to higher liquidity and higher volume.
Last month many other reputed exchanges already started the OTC trading in which Coinbase, Binance and Bittrex are the biggest names.
Binance provided OTC trading to its users with a minimum limit of 20 BTC.

What’s your opinions about OTC trading, Please Comment Below!

Long Bitcoin Short The Bankers

Bitcoinik Suggested Trading Platforms :

Binance – For Altcoins Trading ( Create New Account )

Bitmex – For Marginal Trading ( Create New Account )