- Access global liquidity
- Tighter spreads
- T+0 Settlements
- Personalised service
Book a call with our team
Get a quote
Speak directly with our experienced traders
Confirm the trade
Agree price and trade details
Settle
Proceeds settled at T+0, directly into your account
The OTC desk is available 9AM to 5PM, Monday to Friday (except public holidays).
Book a callFrequently asked questions
What is OTC?
OTC stands for “over-the-counter,” it refers to a way of trading assets directly between two parties, taking place entirely off exchange. Our OTC desk acts as your personalised intermediary to alleviate any protentional complications involved in liquidating large positions. Additional benefits include:
- Tighter spreads and a single, guaranteed price.
- Instant execution and timely settlement.
- Enhanced privacy and security to minimize your counterparty risk.
Are there any trading fees for OTC?
There are no trading fees for OTC. However, the quote is inclusive of the spread (difference in price between the bid and ask), which is often between 0.75% and 1.0%. The size of the spread is dependent on the current market conditions of the asset you are trading, as well as the size, or volume of the trade.
Our team can also provide indicative quotes before any trade, to help you assess the market.
How are the trades settled?
OTC trades are settled directly into your BTC Markets account, in your requested currency. Most trades enjoy immediate settlement.
If a limit increase is needed to support the value of your trade, our team will happily assist you in this process and liaise with our Risk & Compliance team.
Once a trade is completed, we provide an invoice documenting the full details of the trade, for you to keep as record.
What are the requirements to trade OTC?
You must hold a verified account with BTC Markets of any type. We support Individual, SMSF, Company and Family Trust.
To begin the signup process, visit our signup page.
What are the minimum and maximum trade amounts?
Minimum - 100k AUD or equivalent.
Maximum - There is no maximum trade amount.
How do I contact the OTC Desk?
Contact our team by booking a call at a time that is convenient. Additionally, you can leave us a message by submitting a ticket and we will respond to you promptly.
How can I onboard?
To complete the onboarding process, please visit the signup page and create an account.
Please note: We currently only on-board Australian residents aged 18 and above, with a valid government-issued ID. If you wish to use BTC Markets and live outside of Australia, please contact our support team by submitting a request, where we can advise you of next steps.