There are no fees to trade OTC. Please speak to our traders to get a live quote for your trade.
What is OTC trading and what are the benefits of trading OTC?
"Over-the-counter" or OTC trading takes place between two counter parties as opposed to on an exchange such as the Binance exchange. In the case of OTC trading with Binance, the two counter parties are the user who requested the trade and the Binance OTC desk.
Prices are agreed between these two counter parties and trades take place off-exchange. OTC trading is favoured for larger trade sizes to be discreet and to avoid slippage on the exchange without the need to navigate exchange orderbook liquidity.
What are the requirements to trade OTC?
All users are required to have an account on Binance, complete Identity Verification and existing account deposit / withdrawal limits apply.
10. What legal terms apply to OTC trading with Binance?