OTC
Chat
OTC
- Liquidity from BlockSettle’s Participant userbase
- Negotiate directly with your chat contacts
- Trading Participant Status and a verified Authentication Address is required for OTC Trading
Chat
- Communication is conducted in privacy
- Encryption is based on BIP150/151
- Encryption keys are held by the Participant
Specifications
Settlement procedure
Specifications
- OTC trading is currently offered in XBT/EUR only
- No buy-side transaction fees
- Cash is reserved prior to settlement execution
- Trade prices and volumes are not made public
- Supports Hardware wallet trading
Settlement procedure
- Cash is reserved prior to settlement execution
- Settlement Pay-In Execution is 300 seconds
- Settlement Pay-Out Execution is 30 seconds
- Peer-to-peer settlement of bitcoin