Bitget Launches Bulk Trading Fiat OTC Service Supports Pound Euro and Dollar
Leading global cryptocurrency exchange and Web3 company, Bitget, has launched its new Over-The-Counter (OTC) platform designed specifically for bulk trading. The service initially supports the Euro (EUR), British Pound (GBP), and US Dollar (USD), and will soon expand to include the Turkish Lira (TRY), Brazilian Real (BRL), and South African Rand (ZAR), enabling settlement between fiat currencies and cryptocurrencies. This new service aims to meet the needs of institutional investors and professional cryptocurrency traders, providing improved privacy, increased liquidity, and faster settlement for large transactions.
OTC trading is crucial for investors who wish to avoid impacting the market with bulk trades. It offers customized and secure services, ensuring that large trades do not affect public market prices. Bitget’s OTC service stands out for its professional execution, secure clearing, and competitive quoting, maintaining advantages throughout the entire trading process regardless of order size.
Bitget’s Fiat OTC utilizes advanced secure firewalls built with cutting-edge Multi-Party Computation (MPC) technology to protect client assets. Transaction data remains private and confidential, ensuring a high level of privacy for clients.
Bitget CEO Gracy Chen stated, “Bitget’s Fiat OTC service is a milestone in providing traditional financial security and seamless service to professional cryptocurrency traders on our platform. With enhanced trading security and advanced trading infrastructure, the participation of professional traders and cryptocurrency influencers has significantly increased. Our compliant OTC desk will ensure our most valuable users receive excellent customer support and trading solutions.”
Operating in strict compliance with global regulatory standards, Bitget OTC follows Know Your Customer (KYC) requirements to combat money laundering and terrorist financing. Advanced algorithm models are used to monitor customer transactions in real time, with any suspicious activities being appropriately flagged.
OTC users can enjoy aggregated liquidity from leading exchanges and market makers. Bitget OTC ensures competitive quoting close to spot prices, regardless of order size. It is worth noting that there are no account opening fees, maintenance fees, or processing fees, making this service cost-effective for large-scale traders.
Bitget’s professional advisory team provides round-the-clock one-on-one service to clients, ensuring a smooth trading experience, with customer support ready to assist clients in quickly starting to use the OTC trading service. Settlement takes place immediately after the trade confirmation, without the involvement of third parties.
The minimum trading size for Bitget OTC is $100,000 USD or Euro, with no upper limit or any trading fees, providing an all-inclusive price within the quote. To use the OTC service, users need to have a verified professional-grade Bitget account dedicated to OTC trading. For professional investors seeking secure, private, and efficient trading solutions, Bitget’s exclusive Fiat OTC service offers world-class service, ensuring seamless conversion between fiat and cryptocurrencies.
For more information, please visit:
https://www.bitget.com/zh-TW/fiat/otc
Bitget OTC
